Students
ECON3009 – Industrial Organisation
2020 – Session 1, Weekday attendance, North Ryde
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Due to the Coronavirus (COVID-19) pandemic, any references to assessment tasks and on-campus delivery may no longer be up-to-date on this page.
Students should consult iLearn for revised unit information.
Find out more about the Coronavirus (COVID-19) and potential impacts on staff and students
General Information
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| Unit convenor and teaching staff |
Unit convenor and teaching staff
Rohan Best
Maroš Servátka
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|---|---|
| Credit points |
Credit points
10
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| Prerequisites |
Prerequisites
20cp at 2000 level including ECON203 or ECON2003
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| Corequisites |
Corequisites
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| Co-badged status |
Co-badged status
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| Unit description |
Unit description
Instead of taking markets and their resource allocation capacities as given, industrial organisation attempts to understand the ways in which industries are organised. Specifically, the contractual arrangements that facilitate economic exchange are given detailed scrutiny. Topics may include: markets, firms and government viewed as three different institutional or governance structures that serve to accomplish given economic objectives. The applied issue then becomes not which one of these institutions should be utilised, but what is the most efficient mix. |
Important Academic Dates
Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
Learning Outcomes
On successful completion of this unit, you will be able to:
- ULO1: Effectively communicate theories and knowledge of industrial organisation in technical and non-technical language.
- ULO2: Analyse the relevance of industrial organisation to economic life.
- ULO3: Evaluate economic theory and real-world applications relevant to efficiency and equity considerations, from a broad ethical perspective.
Assessment Tasks
Coronavirus (COVID-19) Update
Assessment details are no longer provided here as a result of changes due to the Coronavirus (COVID-19) pandemic.
Students should consult iLearn for revised unit information.
Find out more about the Coronavirus (COVID-19) and potential impacts on staff and students
Delivery and Resources
Coronavirus (COVID-19) Update
Any references to on-campus delivery below may no longer be relevant due to COVID-19.
Please check here for updated delivery information: https://ask.mq.edu.au/account/pub/display/unit_status
The teaching format for this class is one 3-hour session per week. This session will typically include a formal lecture component and discussion of practice exercises. It is strongly recommended that students attend all lectures and gain access to the prescribed textbook.
Prescribed textbook:
- Pepall, L., D Richards and G. Norman, 2014, Industrial Organization: Contemporary Theory and Empirical Applications, 5th Edition, Wiley.
Other textbooks which may also be useful include:
- Cabral, L. 2017, Introduction to Industrial Organization, 2nd Edition, MIT Press Cambridge
- Church, J. and R. Ware, 2000, Industrial Organization: A strategic approach, McGraw- Hill, Boston (This text is available online free of charge at: http://homepages.ucalgary.ca/~jrchurch/page4/page4.html).
- Shy, O., 1995, Industrial Organization, MIT Press, Cambridge, 1995.
- Waldman, D.E., and Jensen, E., 2013, Industrial Organization Theory and Practice, Fourth Edition
For a more advanced treatment of the material covered in this course you may want to consider the following textbooks:
- Belleflamme, P. and M. Peitz, 2010, Industrial Organization: Markets and Strategies, Cambridge University Press, New York.
- Tirole, J. 1988, The Theory of Industrial Organization, MIT Press, Cambridge
Unit Schedule
Coronavirus (COVID-19) Update
The unit schedule/topics and any references to on-campus delivery below may no longer be relevant due to COVID-19. Please consult iLearn for latest details, and check here for updated delivery information: https://ask.mq.edu.au/account/pub/display/unit_status
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- Special Consideration Policy (Note: The Special Consideration Policy is effective from 4 December 2017 and replaces the Disruption to Studies Policy.)
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