ES32035: Industrial organisation
[Page last updated: 22 April 2025]
| Academic Year: | 2025/26 |
| Owning Department/School: | Department of Economics |
| Credits: | 10 [equivalent to 20 CATS credits] |
| Notional Study Hours: | 200 |
| Level: | Honours (FHEQ level 6) |
| Period: |
- Semester 2
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| Assessment Summary: | EXCB 100% |
| Assessment Detail: |
- Unseen Examination (EXCB 100%)
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| Supplementary Assessment: |
- Like-for-like reassessment (where allowed by programme regulations)
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| Requisites: |
Before taking this module you must ( take ES22014 AND take AT LEAST 1 MODULE FROM {ES22012, ES22015} ) OR ( take ES20011 AND take ES20012 )
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| Learning Outcomes: |
- Formulate and solve simple mathematical models which are suited to study the interactions of firms in different market settings.
- Develop intuition using the results of formal models and understand how markets function in practice.
- Understand the methodological challenges and results of econometric analyses of firm behaviour.
- Critically evaluate and apply theoretical and empirical results, and advise Regulatory and Antitrust policy.
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| Synopsis: | "Learn about Industrial Organisation - an applied and policy-oriented subfield of microeconomics that studies how markets work in the real-world.
You will apply simple theoretical models of imperfect competition from microeconomics, to analyse practical questions about the organisation and functioning of markets.
Your theoretical analysis of firm behaviour and markets will be complemented with the study of empirical strategies and design that help practitioners answer policy relevant questions."
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| Content: | The unit builds on the analysis of strategic firm behaviour with the aim to understand the basic drivers, workings, and implications of real-world firm practices, such as product differentiation, collusion, mergers, entry deterrence, etc. It also investigates the role of government in markets through the introduction of regulatory economics. The final part is dedicated to empirical IO, where we review some of the econometric challenges and methods in the field.
Key concepts and methodology are introduced during lectures, practiced in seminars and applications are discussed through case studies.
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| Course availability: |
ES32035 is Optional on the following courses:
Department of Economics
- UHES-AFB10 : BSc(Hons) Economics (Year 3)
- UHES-AAB03 : BSc(Hons) Economics with Study year abroad (Year 4)
- UHES-AKB03 : BSc(Hons) Economics with Year long work placement (Year 4)
- UHES-AFB12 : BSc(Hons) Economics and Mathematics (Year 3)
- UHES-AAB04 : BSc(Hons) Economics and Mathematics with Study year abroad (Year 4)
- UHES-AKB04 : BSc(Hons) Economics and Mathematics with Year long work placement (Year 4)
- UHES-ACB04 : BSc(Hons) Economics and Mathematics with Combined Placement and Study Abroad (Year 4)
- UHES-AAB01 : BSc(Hons) Economics and Politics with Study year abroad (Year 4)
- UHES-AKB01 : BSc(Hons) Economics and Politics with Year long work placement (Year 4)
- UHES-ACB01 : BSc(Hons) Economics and Politics with Combined Placement and Study Abroad (Year 4)
- UHES-ACB03 : BSc(Hons) Economics with Combined Placement and Study Abroad (Year 4)
- UHES-AFB11 : BSc(Hons) Economics with Politics (Year 3)
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Notes: - This unit catalogue is applicable for the 2025/26 academic year only. Students continuing their studies into 2026/27 and beyond should not assume that this unit will be available in future years in the format displayed here for 2025/26.
- 好色tv and units are subject to change in accordance with normal University procedures.
- Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
- Find out more about these and other important University terms and conditions here.
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