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Class Industrial Organisation

  • Presentation

    Presentation

    Every day the entrepreneurs makes decisions in environments of imperfect competition. These are strategic situations in the sense that the results of a company's behaviour depends on its decisions and the reactions of its competitors Industrial organization is the discipline dedicated to the analysis of market structures with strategic environments. The characteristics of the market, the alternatives of behaviour and the expected results are analysed. We finalize with a global discussion of the competitive environment of the economy. We conclude discussing the application of the competition law and discussing the factors that influence the competitiveness of the economy.
  • Code

    Code

    ULHT461-39
  • Syllabus

    Syllabus

    1.The theory of the firm 1.1.The origins of the modern capitalistic firm 1.2.The nature of the firm 1.3.The entrepreneur   2.Market, competition and competitors 2.1.The Market and its definition 2.2.Market structure 2.3.Market structures 2.4.Strategic behavior: and introduction to game theory 2.5.Strategic relation models 3.Strategic position and dynamics 3.1.Industry analyses 3.2.Strategic position and competitive advantage 4.Industrial policy, economics of regulation and competition law 4.1.Basic concepts 4.2.Industrial policy 4.3.Economic regulation  4.4.Competition law  
  • Objectives

    Objectives

    The objective of this course if for students to develop competences in the following topics: i.To understand the nature of a firm has a complex institution that is the result of  analyses od the transactions costs of using the market and of human behaviors. ii.Identify the characteristic of the market. iii.Identify the markets structure in which firms operate. iv.Identify the economic strategies that may adopted by firms. v.Understand the application of the competition law. vi.Identify the factors that influence the competitiveness of an economy.
  • References

    References

    Besanko, D; Dranove, D., Shanley, M.; Schaefer, S. (2013), ¿Economics of Strategy¿, 6td edition, Wiley Chandler, A. (1994), ¿Scale and Scope: The Dynamics of Industrial Capitalism¿, Harvard University Press, Spulber, D (2009), ¿The theory of the firm: microeconomics with endogenous entrepreneurs, firms, markets and organization¿, Cambridge Cabral, Luís (2002), ¿Introduction to Industrial Organization¿, The MIT Press, Cambridge Massachusetts Bishop, S. and Walker, M. (2010), ¿The Economics of EC Competition Law: Concepts, Application and Measurement¿, Sweet and Maxwell Froeb, L. (2008), ¿Managerial Economics: A Problem-Solving Approach¿, 2nd Edition. Vanderbilt University; Tirole, Jean (1988), ¿The theory of Industrial Organization¿, The MIT Press, Cambridge Massachusetts Church, Jeffry e Ware, Roger (2000), ¿Industrial Organization ¿ a Strategic Approach¿, Mc Graw Hill International
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