ECON 433 Industrial Economics I
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This course will survey the current thinking and issues in industrial organization and regulation. The objectives of the course are both to examine in some depth how firms behave in a market economy, and to review some basic forms of state intervention in modern capitalist economics. The course will provide some background on firm behavior and, the legal environment in which they operate, and will review the rational and experience of antitrust and competition policies. The second semester will concentrate on the regulation of private monopolies.
Credit units: 3 ECTS Credit units: 5, Prerequisite:
ECON 201 or ECON 204 or ECON 207.
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