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ECGE1311 - Industrial Economy
USL-B
Credits :
5
Lecturer :
Mode of delivery :
Face-to-face , second term, 45 hours of theory.
Timetable :
Second term
Thursday from 10:45 to 12:45 at 43 Botanique 3
Friday from 13:30 to 15:30 at 43 Botanique 3
Language of instruction :
The course and slides are in French. The textbook is in English.
Learning outcomes :
The course aims to introduce students to the analysis of business strategies and the regulation of imperfectly competitive markets. In order to do so, they will develop the main models of oligopoly and situate them in the context of European industrial organization issues, particularly in relation to competition law.
Prerequisites :
 For the Bachelor in Economics and Management :
Co-requisites :
None
Course contents :
1. Firms, consumers and the market
2. Market power: static and dynamic analysis
3. The sources of market power
a. Product differentiation
b. Advertising and marketing
4. Price discrimination
5. Competition policy
a. Cartels and tacit collusion
b. Horizontal and vertical mergers
6. Innovation, R&D and intellectual property
Planned learning activities and teaching methods :
Video clips cover the theoretical material. They are provided at the beginning of the year. During the course, students ask questions about the videos, and solve a series of exercises and sample exam questions.
Assessment methods and criteria :
Written exam.
Recommended or required reading :
Paul Belleflamme and Martin Peitz, 2015. Industrial Organization: Markets and Strategies, 2nd edition. Cambridge University Press.
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