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ECOS3005 - Industrial Organisation
Faculty of Arts and Social Sciences - 6 credit points
HECS Band five
Domestic Fee: $3,480
International Fee: $3,960
EFTSL: 0.125000000
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Department: Economics
Offered session(s): 2
Prerequisites: ECOS2001 or ECON2001 or ECOS2901 or ECON2901
Prohibitions: ECON3005, ECOS2201
Classes: 1x2-hr lecture/week, 1x1-hr tutorial/fortnight

Assessment: mid-semester test (35%), problem sets (5%) and 2hr final exam (60%)

This unit of study examines the nature of inter-firm rivalry in industries with market power. It explores the various ways in which firms can increase their market power by: extracting more surplus from consumers, by colluding with rivals or by excluding entrants. The unit also analyses the international competitiveness of industries in the context of industry assistance and the prevalence of foreign multinationals. Competition policy is also discussed.
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