Course Description
Course Name
Industrial Organisation
Session: VSRS3122
Hours & Credits
20 SCQF Credits
Prerequisites & Language Level
Before taking this module you must pass:
Intermediate Microeconomics (ECNU211)
and Intermediate Macroeconomics (ECNU212)
Taught In English
- There is no language prerequisite for courses at this language level.
Overview
The module deals with the workings of markets and industries, in particular the way firms compete with each other when markets are characterised by imperfect competition. Students learn to analyse the decisions that firms make and whether the government can and should intervene with regard to these decisions. Students will understand concepts such as market power, market entry and market exit, and the role of innovations.
*Course content subject to change