ECON 3040 - The Organization of Industries

This course examines the various ways in which the organization of industries affects pricing and other business behavior and more generally, competition and resource allocation. The topics covered will include the theory of competitive markets, the theory of monopoly and the theories of oligopoly. The course will address the policy implications of various horizontal and vertical agreements among firms in industries.

Prerequisites & Corequisites: Prerequisite: ECON 2010.

Credits: 3 hours

When Offered: Fall, Spring, Summer I or Summer II