Courses & Units

Industrial Organisation BEA305

Hobart

Note:

Introduction

The aim of this unit is to introduce you to the economic theory of industrial organisation and to consider its application to modern markets. The foundation theories of monopoly and perfect competition are reviewed, and their implications for industrial markets discussed. A brief introduction to game theory is presented, which allows the rigorous analysis of the strategic interaction between oligopolists. The economic forces which drive pricing, merger, entry and exit, advertising and R&D decisions are investigated. The role of regulation and competition policy to enhance efficiency is also considered. The unit can be taken as a third year option in the Bachelor of Economics. It is a compulsory unit within the Business Economics Major in the Bachelor of Business.

Summary

Unit name Industrial Organisation
Unit code BEA305
Credit points 12.5
Faculty/School College of Business & Economics
Tasmanian School of Business and Economics
Discipline Economics and Finance
Coordinator

Dr Rabindra Nepal

Teaching staff

Level Advanced
Available as student elective? Yes
Breadth Unit? No

Availability

Location Study period Attendance options Available to
Hobart Semester 2 On-Campus International Domestic

Key

On-campus
Off-Campus
International students
Domestic students
Note

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Key Dates

Study Period Start date Census date WW date End date
Semester 2 13/7/2020 10/8/2020 31/8/2020 18/10/2020

* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see withdrawal dates explained for more information).

Unit census dates currently displaying for 2020 are indicative and subject to change. Finalised census dates for 2020 will be available from the 1st October 2020.

About Census Dates

Learning Outcomes

  • LO1: Define and interpret key concepts in Industrial Organisation.
  • LO2: Utilise the economic way of thinking, as formalized in key theoretical Industrial Organisaton models, to analyse competition between firms.
  • LO3: Use these economic models to analyse a range of industrial organisation issues, including business decision-making, and government industry policy.

Fees

Domestic

Band CSP Student Contribution Full Fee Paying (domestic) Field of Education
3 2020: $1,394.00 2020: $2,354.00 091901

Fees for next year will be published in October. The fees above only apply for the year shown.

Please note: international students should refer to this page to get an indicative course cost.

Requisites

Prerequisites

BEA200

Teaching

Teaching Pattern

1 x 2 hour lecture, 1 x 1 hour workshop per week. Please check the unit outline for details.

Assessment

Test (20%), Quizzes (20%), Workshop participation (10%), Final exam 50%).

TimetableView the lecture timetable | View the full unit timetable

Textbooks

Required

Carlton, D. & Perloff, J., 2015, Modern industrial organization, (International Edition), Global Edition, Pearson Addison-Wesley. ISBN: ISBN 9781292087856

Recommended

The University reserves the right to amend or remove courses and unit availabilities, as appropriate.