Industrial Organization

  • Teaching

    Details

    Faculty Faculty of Management, Economics and Social Sciences
    Domain Economics
    Code UE-EEP.00323
    Languages English
    Type of lesson Lecture
    Level Master
    Semester SP-2021

    Schedules and rooms

    Summary schedule Wednesday 12:15 - 16:00, Hebdomadaire, PER 21, Room G120
    Hours per week 3

    Teaching

    Teachers
    Assistants
    Description

    This course is concerned with the strategic decisions taken by firms in markets, in particular when they have market power. First, we will try to understand what market power is and how firms behave in markets. To do so, the course will introduce the classical models of imperfect competition in markets. In the second part, we will investigate cartels, tacit collusion, and its consequences on welfare and anti-trust policies.  One important aspect of anti-trust policy is mergers. Mergers between direct competitors are known as horizontal mergers. We try to understand if and when such mergers are profitable and welfare-enhancing. In the third part, we will investigate how a firm can be a natural monopolist, without fearing entry, and how incumbent firms may behave strategically to make entry for new firms harder, or even unprofitable. In the fourth part of the lecture, we analyse firms with vertical supply chains. Could upstream firms deny competitors access to distribution and supply channels? Lastly, we study applications of behavioral economics on industrial organization and regulatory issues. Here, we discuss potential regulations to protect customers if customers suffer from behavioral biases.

    Homepage

    Moodle Link

     

    Training objectives This course provides an introduction to Industrial Organization.

    The course will be relatively formal and requires knowledge of microeconomics at least at the level of microeconomics 1 and 2 at the Bachelor level.
    Softskills
    Yes
    Softskills seats 5
    Off field
    No
    BeNeFri
    Yes
    Mobility
    Yes
    UniPop
    No

    Documents

    Bibliography Belleflamme and Peitz (2015), Industrial Organization
    Markets and Strategies, 2nd Edition, Cambridge University Press
  • Dates and rooms

    "This course gives 4.5 ECTS and therefore, 3 hours per week are alloted. We will have lectures from 12.15-13.45 and 14.00-15.30, yielding 4 hours per week. Consequently, in order to compensate for that, the course will not take place in 4 weeks out of the 14 weeks. The detailed schedule is announced on the first day of the course taking place in the first week of the semester."

     

    Date Hour Type of lesson Place
    24.02.2021 12:15 - 16:00 Cours PER 21, Room G120
    03.03.2021 12:15 - 16:00 Cours PER 21, Room G120
    10.03.2021 12:15 - 16:00 Cours PER 21, Room G120
    17.03.2021 12:15 - 16:00 Cours PER 21, Room G120
    24.03.2021 12:15 - 16:00 Cours PER 21, Room G120
    31.03.2021 12:15 - 16:00 Cours PER 21, Room G120
    14.04.2021 12:15 - 16:00 Cours PER 21, Room G120
    21.04.2021 12:15 - 16:00 Cours PER 21, Room G120
    28.04.2021 12:15 - 16:00 Cours PER 21, Room G120
    05.05.2021 12:15 - 16:00 Cours PER 21, Room G120
    12.05.2021 12:15 - 16:00 Cours PER 21, Room G120
    19.05.2021 12:15 - 16:00 Cours PER 21, Room G120
    26.05.2021 12:15 - 16:00 Cours PER 21, Room G120
    02.06.2021 12:15 - 16:00 Cours PER 21, Room G120
  • Assessments methods

    Examen écrit - SP-2021, Session d'été 2021

    Date 09.06.2021 14:00 - 15:30
    Assessments methods By rating
    Descriptions of Exams Examination time: 90 Min.

    Examen écrit - SP-2021, Session de rattrapage 2021

    Date 01.09.2021 14:00 - 15:30
    Assessments methods By rating
    Descriptions of Exams Examination time: 90 Min.
  • Assignment
    Valid for the following curricula:
    Accounting and Finance 90 [MA]
    Version: 2021/SA_V01
    Course > Cours à option dans tous les cours de Master de l'université > SES Master level courses

    Branche secondaire Master: informatique de gestion 30 [MA]
    Version: 2020/SA_V01
    Cours > Modules management > STR: Strategy
    Cours > Modules management > OHRM: Organisation and Human Resource Management

    Business Communication - Economics 90 ECTS [MA]
    Version: 2021/SA_V01
    Courses > Option Group > Economics > Kurse der Module Master Volkswirtschaftslehre, ohne die Module 4 und 9
    Courses > Communication > Cours et séminaires au choix: Au choix deux des enseignements suivants à 3 ECTS > Cours et séminaires au choix de la Faculté des SES

    Business Communication - Ethics and Economics 90 ECTS [MA]
    Version: SP 2017 ETHIQUE
    Courses - 60 ECTS > Communication > Cours et séminaires au choix: Au choix deux des enseignements suivants à 3 ECTS > Cours et séminaires au choix de la Faculté des SES

    Business Communication - Information Systems 90 ECTS [MA]
    Version: 2020/SA_V01
    Courses - 60 ECTS > Communication > Deux Cours et séminaires au choix 6 ECTS > Cours et séminaires au choix de la Faculté des SES
    Courses - 60 ECTS > Option Group > Information Management > Cours > Modules management > STR: Strategy
    Courses - 60 ECTS > Option Group > Information Management > Cours > Modules management > OHRM: Organisation and Human Resource Management

    Business Communication - Management 90 ECTS [MA]
    Version: 2021/SA_V01
    Courses - 60 ECTS > Chosen Option > Management > 30 ECTS parmi les modules : > STR: Strategy
    Courses - 60 ECTS > Chosen Option > Management > 30 ECTS parmi les modules : > OHRM: Organisation and Human Resource Management
    Courses - 60 ECTS > Communication > Deux Cours et séminaires au choix 6 ECTS > Cours et séminaires au choix de la Faculté des SES

    Communication and Media Research 90 ECTS [MA]
    Version: 2015
    Courses - 60 ECTS > Inter- and Transdisciplinary Perspectives > SES Master level courses

    Communication and Society 90 ECTS [MA]
    Version: 2021/SA_V01
    Courses - 60 ECTS > Schwerpunkten > Inter- & Transdisciplinary Perspectives > SES Master level courses

    Complementary learnings in SES
    Version: ens_compl_ses
    MA course offering for Mobility Students

    Data Analytics & Economics 90 [MA]
    Version: 2020/SA-v01
    Courses min 63 ECTS > Mandatory Modules (45 to 63 ECTS) > Module II: Economics of Markets and Organisations (Eco)

    Economics 90 [MA]
    Version: 2021/SA_V02
    Elective courses > 369 - Elective courses of the Master in Political Economy
    Elective courses > SES Master level courses
    Information pour l'étudiant (à définir) > Business Economics > 369 - Option : "Business Economics"

    Economics Master: 30 ECTS
    Version: 2019/v01 nouveauPLE
    Two modules must be validated with min. 12 ECTS each > Module 8: Industrial Organization
    Two modules must be validated with min. 12 ECTS each > Module 7: Economic Theory
    Elective courses: Master courses from the Department of Economics > Liste des cours du Master en Economie Politique

    European Business 90 ECTS [MA]
    Version: 2017/SA_v01
    Courses - 63 ECTS > Additional courses: Any Master courses of the Faculty of Economics and Social Sciences, as well as maximum 9 ECTS from all Master programmes of the University. > SES Master level courses
    Courses - 63 ECTS > Modules - Min one extra module with 12 ECTS > One complete module taken from the following list > STR: Strategy

    Gestion d'entreprise 30 [MA]
    Version: 2020/SA_V01
    Cours facultatifs à choisir: Cours master de la Faculté des sciences économiques et sociales > SES Master level courses
    Es müssen zwei der folgenden aufgeführten Wahlmodule belegt werden > OHRM: Organisation and Human Resource Management
    Es müssen zwei der folgenden aufgeführten Wahlmodule belegt werden > STR: Strategy

    Information Management 90 ECTS [MA] - SA/2019
    Version: 2019/SA_V01
    Classes - min. 45 ECTS > Modules management - max. 15 ECTS > OHRM: Organisation and Human Resource Management
    Classes - min. 45 ECTS > Modules management - max. 15 ECTS > STR: Strategy

    Information Management 90 ECTS [MA] - SA/2020
    Version: 2020/SA-v01
    Classes - min. 45 ECTS > Modules management - max. 15 ECTS > STR: Strategy
    Classes - min. 45 ECTS > Modules management - max. 15 ECTS > OHRM: Organisation and Human Resource Management

    Management 90 ECTS [MA]
    Version: 2017/SA_v01
    Courses: min. 63 ECTS > 3 modules with min 12 ECTS each > STR: Strategy
    Courses: min. 63 ECTS > 3 modules with min 12 ECTS each > OHRM: Organisation and Human Resource Management
    Courses: min. 63 ECTS > Cours facultatifs : max. 18 ECTS > SES Master level courses

    Management 90 ECTS [MA] - SA/2021
    Version: 2021/SA_V01
    Courses: min. 72 ECTS > Elective Courses : max. 18 ECTS > SES Master level courses
    Courses: min. 72 ECTS > Modules - min 54 ECTS > Groupe d'élément de validation du Module OHRM > OHRM: Organisation and Human Resource Management
    Courses: min. 72 ECTS > Modules - min 54 ECTS > Groupe d'élément de validation du Module STR > STR: Strategy

    Marketing 90ECTS [MA]
    Version: 2021/SA_V01
    Courses > Elective Master courses from the whole university > SES Master level courses
    Courses > Groupe d'élément de validation du Module STR > STR: Strategy

    Public Economics and Public Finance 90 ECTS [MA_DD]
    Version: 2015 MA VWL DD
    Cours > Up to 45 ECTS credits must fulfill the conditions required for the specialisation, including the modules 1, 2 and 6 with a min. of 12 ECTS in each. > Additional courses in Economics in order to fulfil the Double Diploma requirements > Module 7: Economic Theory
    Cours > Up to 45 ECTS credits must fulfill the conditions required for the specialisation, including the modules 1, 2 and 6 with a min. of 12 ECTS in each. > Additional courses in Economics in order to fulfil the Double Diploma requirements > Module 8: Industrial Organization

    Sciences économiques et sociales
    Version: 2018/SP_v01 ses_BeNeFri
    Course > MA course offering for BeNeFri Students

    1026 6 International and European Business 90 [MA]
    Version: 2021/SA_V01
    Courses > Modules > One complete module taken from the following list > Groupe d'élément de validation du Module STR > STR: Strategy
    Courses > Modules > One complete module taken from the following list > Groupe d'élément de validation du Module OHRM > OHRM: Organisation and Human Resource Management
    Courses > Additional courses: Any Master courses of the Faculty of Economics and Social Sciences, as well as maximum 9 ECTS from all Master programmes of the University. > SES Master level courses