Listed in: Economics, as ECON-225
Formerly listed as: ECON-24
Jun Ishii (Section 01)
This course examines the determinants of and linkages between market structure, firm conduct, and industrial performance. Some of the questions that will be addressed include: Why do some markets have many sellers while others have only a few? How and why do different market structures give rise to different prices and outputs? In what ways can firms behave strategically so as to prevent entry or induce the exit of rival firms? Under what circumstances can collusion be successful? Why do firms price discriminate? Why do firms advertise? Does a competitive firm or a monopoly have a greater incentive to innovate? In answering these and other questions, the consequent implications for efficiency and public policy will also be explored.
Requisite: ECON 111/111E. Limited to 30 students. Spring semester. Professor Ishii.
Section 01
Tu 01:30 PM - 02:50 PM SCCE E110
Th 01:30 PM - 02:50 PM SCCE E110