Economics 395
Industrial Organization
Course Description
This course presents tools required for examining issues in Industrial Organization. Examples of relevant issues are determining which market structures are desirable, how economists analyze mergers and antitrust policy, and the role of price discrimination, advertising, and research and development.Grading
Grading will be based on two exams, participation and homework, and a written assignment. Homework will generally not be collected, but a few times during the semester, I will collect the assignments, and always give notice of this ahead of time. The written assignment will consist of a very short paper (2-3 pages) which will be discussed later. The determination of the grade is:
Midterm Exam 30 %Only students with absences approved under university guidelines by the office of Student Life will be permitted to take a make-up. It is the student's responsibility to notify the professor of the planned or actual absence and to have the absence approved.
Readings
The text for the class is
Carlton and Perloff, Modern Industrial Organization, 2nd edition, Harper-Collins, 1994.My lectures will not follow the texts exactly, and often lectures will assume familiarity with some of the material. Therefore, readings should be done prior to the class in which the material will be covered.