Introduction to Industrial Economics and Organization
Course Name:
Introduction to Industrial Economics and Organization (SM310M)
Programme:
B.Tech Minor in Economics
Semester:
Fifth
Category:
Program Core (Pc)
Credits (L-T-P):
(3-0-0) 3
Content:
Introduction to economics of industry- review of relevant microeconomic concepts; Theory of the Firm; Structure- Conduct -Performance paradigm; Market structure concepts including concentration and vertical integration;Market conduct concepts including pricing behaviour; Performance aspects including growth and profitability;Transaction cost analysis; Economics of information technology; Introduction to Game Theory- Basic elements,Prisoner’s Dilemma, Nash equilibrium; Overview of latest industrial and competition policies in India.
References:
1. Belleflamme, P. and Peitz M., Industrial Organization: Markets and Strategies, Second Edition, Cambridge University Press, 2015.
2. Carlton D.W. and Perloff, J. M., Modern Industrial Organization, Fourth Edition, Pearson, 2005.
3. Hay, D.A. and Morris, D.J., Industrial Economics and Organization: Theory and Evidence, Oxford University Press, Revised Edition, 1991.
4. Varian, H.R., Farrell, J. and Shapiro, C., The Economics of Information Technology: An Introduction, Cambridge University Press, 2004.
5. Osborne, M.J. and Rubinstein, A., A Course in Game Theory, Cambridge, MIT Press, 1994.
Department:
Humanities, Social Sciences and Management
