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Code 1112
Course Industrial Organization
Semester First and Second
ECTS Credit Units 7,5
Course taught in English Yes
Available for Exchange Students Yes
Requirements Mandatory Precedence:
1100. Principles of Microeconomics
Regents Vasco Santos
Course Aim To teach Industrial Organization.
Program content Market structure: extent of a market, concentration and volatility measures. Oligopoly models: dominant firm and monopolistic competition; Bertrand, Cournot and Stackelberg; dynamic models. Market power: collusion (static and dynamic analyses). Barriers to entry: scale economies, strategic behavior; entry and welfare. Mergers and acquisitions: horizontal mergers, vertical integration. Price discrimination: definitions and examples.