ECON 362 - Industrial Organization

In a market economy, firms decide what and how much is produced. This course introduces the student to the study of firm behavior, providing a solid foundation on the core theory that explains firms’ incentives and market structures. We also explore real-world application of these concepts with an emphasis on the modern U.S. economy. Topics to be covered include perfect competition, monopoly, dynamic oligopoly and collusion, antitrust and mergers, and vertical relationships.

Unit(s): 1
Group Distribution Requirement(s): Distribution Group II
Prerequisite(s): ECON 201 and MATH 111, or equivalent
Instructional Method: Lecture-conference
Grading Mode: Letter grading (A-F)
Not offered: 2024-25
Group Distribution Learning Outcome(s):

Evaluate data and/or sources.
Analyze institutions, formations, languages, structures, or processes, whether social, political, religious, economic, cultural, intellectual or other.
Think in sophisticated ways about causation, social and/or historical change, human cognition, or the relationship between individuals and society, or engage with social, political, religious or economic theory in other areas.