SDG Detail

ECON 702 : Industrial Organisation

Postgraduate course

Project description

A background in microeconomics (e.g. ECON 301 Advanced Microeconomics or equivalent) is highly recommended. Good knowledge of game theory and mathematical economics is also advantageous for understanding the underlying mechanisms of the various models covered in this course. Good communication skills (both oral and written) are also a plus. Please make sure that you are well equipped with the above-recommended knowledge before enrolling in this course. This is an elective course that is designed to deepen the knowledge acquired in microeconomics and related subjects, specifically focusing on modelling imperfect competition, firms' strategic behaviour and anti-competitive practice. After reviewing some key models of firms' behaviour as well as of firms' misconduct, we will discuss frontiers of research in the field and applications of industrial organisation (IO) to a variety of sub-fields. You will present and discuss selected journal articles and write reports about them. This type of preparation and training is highly sought after both in the private and public sectors employing expert economic analysts (e.g. governmental agencies and consulting companies alike). You will strengthen your analytical and communication skills and acquire knowledge about how markets function, what their failures can be, and what remedies could be employed to restore competitiveness in marketplaces. Students from engineering, mathematics, public policy, law and economics, and dual degrees involving economics tend to perform well in this course and are most welcome too.

Year 2022

Location New Zealand

Organization University of Auckland

Project aims

Project outcome

By the end of this course, students will be able to: Demonstrate a mastery of the main models and theories in industrial organisation (Capability 1, 3 and 5.1) Analyse and evaluate market outcomes in a variety of industry settings (Capability 1, 2 and 3) Critically elaborate and summarise both orally and in writing theoretical models, and their findings, which are at the frontier of research in the field (Capability 4.1, 4.2 and 4.3) Acquire and apply the necessary skill-set, key to becoming a competent consultant industry analyst, a policy advisor, or a researcher further specialising in the field (Capability 1, 2 and 3) Be able to undertake further studies in economics and engage in research work on related topics (if desired) (Capability 1, 2 and 5.1)