|
| Udgave: |
Forår 2013 NAT |
| Point: |
7,5 |
| Blokstruktur: |
3. blok |
| Skemagruppe: |
C |
| Fagområde: |
andet |
Semester: |
Forår |
| Varighed: |
7 uger |
| Institutter: |
Institut for Matematiske Fag |
| Uddannelsesdel: |
Kandidat niveau |
| Kontaktpersoner: |
Johan Lagerlöf, Ø.I., email: johan.lagerlof@econ.ku.dk |
| Skema- oplysninger: |
 Vis skema for kurset
Samlet oversigt over tid og sted for alle kurser inden for Lektionsplan for Det Naturvidenskabelige Fakultet Forår 2013 NAT |
| Undervisnings- periode: |
4. februar - 14. april 2013 |
| Undervisnings- form: |
The course is based on combined lectures/exercise classes. There will be six hours of classes a week, where each class can contain lecture material or discussion of a problem set. |
| Indhold: |
The course provides an introduction to modern industrial organization based on game-theoretic analysis. Industrial organization concerns how markets work and firms compete, especially when there are a limited number of firms in the market. In particular, the following areas are treated: monopoly; price discrimination; short run price competition and Cournot oligopoly, dynamic price competition and tacit collusion and cartels; empirical tests of oligopoly; limit pricing and predation. |
| Målbeskrivelse: |
The primary aim of the course is to introduce students to modern industrial organization (building on and adding to the students’ knowledge about industrial organization from Microeconomics 2). A broader aim is that students who take the course will, by working extensively with theoretical models, acquire analytical skills that are transferable to other kinds of intellectual problems.
After having successfully completed the course the students will be able to:
Describe the main theories of monopoly behavior and of oligopoly competition and to compare them in terms of central features such as prices and welfare.
Describe the different kinds of price discrimination, the ways in which price discrimination can be implemented, and how price discrimination affects the different economic agents involved.
Describe the main theories of collusion and to identify factors that hinder and facilitate collusion.
Describe the main theories of entry, accommodation, and exit and to relate them to firms’ business strategies.
Solve formal models using tools from mathematical optimization theory and game theory.
Analyze formal models that are variations of the models and theories covered in the course and to provide economic intuition for the results obtained.
Read professional journal articles on industrial organization and to use insights from this field when analyzing and thinking about questions where imperfect competition plays a role.
|
| Lærebøger: |
Belleflamme, Paul, and Martin Peitz (2010), Industrial Organization: Markets and Strategies, Cambridge University Press.
Specific chapters to be specified.
In addition, some journal articles (to be specified) may be used.
|
| Tilmelding: |
Kursus- og eksamenstilmelding og afmelding sker på
www.kunet.dk
Tilmelding skal ske i perioden den 15. november -
1. december 2012.
|
| Faglige forudsætninger: |
Microeconomics 2 |
| Eksamensform: |
A 27-hour take-home exam, which determines 100 percent of the course grade, with a grade on the 7-scale and external censorship. The assessment language is English, but the written exam may be answered either in English or in a Scandinavian language.
Reexamination: Same as regular exam. However, the 27-hour take-home exam will be replaced by a 30-minutes oral test (with preparation time) if only ten or fewer persons take the test.
|
| Eksamen: |
27 timers hjemmeopgave. Udleveres kl. 9.00 d. 2. april og afleveres kl. 12.00 d. 3. april 2013.
Reeksamen: 27 timers opgave. Udleveres kl. 9.00 d. 25. juni og afleveres kl.12.00 d. 26. juni 2013.Såfremt der er 10 eller færre tilmeldte til reeksamen, ændres eksamensformen til mundtlig. |
| Kursus hjemmeside: |
 |
| Undervisnings- sprog: |
Engelsk
|
| Sidst redigeret: |
19/11-2012 |