2015-2016 HillBook (Class of 2019) [ARCHIVED HILL BOOK]
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ECO 329 - Industrial OrganizationThree Credits Not Offered 2015-2016 (next offered Spring 2017)
Analysis of industries with varying degrees of monopoly power and influence: monopolies, cartels, oligopolies, monopolistic competition, and dominant firms. Firm strategies and likely outcomes, under both collusive arrangements and competitive pressures. Policy implications like antitrust and regulation. Effects of asymmetrically held information - how parties with information try to use it, those lacking information respond.
Prerequisite(s): ECO 176 and ECO 178 (or their corresponding First-Year Seminar equivalents), and one Statistical Reasoning course.
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