Programme And Module Handbook
Course Details in 2020/21 Session

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Module Title LH Theory of Industrial Organisation
SchoolBirmingham Business School
Department Birmingham Business School
Module Code 08 03468
Module Lead Toby Kendall
Level Honours Level
Credits 10
Semester Semester 2
Restrictions Students on degree programmes outside economics for which this module is an option on their degree programme must also have passed Microeconomics (08 28536).
Contact Hours Lecture-20 hours
Guided independent study-80 hours
Total: 100 hours

This module provides students with understanding of the theory of industrial  organisation, with consideration of empirical and policy issues. The module applies concepts from microeconomic theory and game theory to help understand industrial structure the theory of the firm and the behaviour of firms within industries. The main focus is on providing analytical tools to understand the working of imperfectly competitive markets. It covers topics related to how markets work, how agents (firms, consumer) interact in a market either strategically or otherwise and how environmental factors, from other firms to policy, affect the market and the participants.

Learning Outcomes

On completion of this module students should be able to:

  • apply formal methods of firm and industry behaviour;
  • demonstrate systematic knowledge and understanding of relevant concepts from game theory and apply them to specified situations and problems;
  • critically appraise how industrial economics can contribute to economic policy.
Assessment 03468-01 : Exam : Exam (Centrally Timetabled) - Written Unseen (50%)
03468-04 : Essay : Coursework (50%)
Assessment Methods & Exceptions Assessment: 1200-word essay (50%), 1-hour exam (50%)
Reassessment: by failed element
Other none
Reading List