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Unit information: Industrial Economics in 2023/24

Unit name Industrial Economics
Unit code ECON30076
Credit points 20
Level of study H/6
Teaching block(s) Teaching Block 2 (weeks 13 - 24)
Unit director Dr. Tran
Open unit status Not open
Units you must take before you take this one (pre-requisite units)

EFIM20033 / ECON20002 Intermediate Microeconomics AND
EFIM20011 / ECON20004 Econometrics 1
OR
EFIM20038 Microeconomic Analysis AND
EFIM20010 Applied Quantitative Research Methods

Units you must take alongside this one (co-requisite units)

None

Units you may not take alongside this one

None

School/department School of Economics
Faculty Faculty of Social Sciences and Law

Unit Information

This course examines strategic interactions between firms and the determinants of industrial structure. The first part of the unit is theoretical. It concentrates on the analysis of various aspects of oligopolistic industries, including collusion, foreclosure and networks and how the firms' behaviour can be constrained by competition policy. Furthermore, students apply economic theory to case studies in e.g. the battle between Blu-Ray and HD DVD.

The second part of the unit covers applied and empirical models in I.O. The course mostly covers issues in competition policy and its applications to different environments. The unit will help students to interpret empirical evidence and to apply economic theory to practical policy questions.

Your learning on this unit

  1. Students will be familiar with theoretical models of Industrial Organization.
  2. Students will be able to apply the models in a relevant way in case study analysis.
  3. Students will be able to critically interpret empirical evidence on firm performance.
  4. Students will be able to apply economic theory and evidence to real-world policy questions.

How you will learn

Teaching will be delivered through a combination of large and small group classes, supported by online resources.

Tasks which help you learn and prepare you for summative tasks (formative):

Mock take-home exam.

How you will be assessed

MCQ (20%). Assesses all learning outcomes

Exam (2 hours). (80%)Assesses all learning outcomes.

When assessment does not go to plan

Reassessment will be via a single exam (2 hours).

Resources

If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.

If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. ECON30076).

How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours of study to complete. Your total learning time is made up of contact time, directed learning tasks, independent learning and assessment activity.

See the University Workload statement relating to this unit for more information.

Assessment
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit. The Board considers each student's outcomes across all the units which contribute to each year's programme of study. For appropriate assessments, if you have self-certificated your absence, you will normally be required to complete it the next time it runs (for assessments at the end of TB1 and TB2 this is usually in the next re-assessment period).
The Board of Examiners will take into account any exceptional circumstances and operates within the Regulations and Code of Practice for Taught Programmes.

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