| Industrial Organisation |
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| UoS Code | ECOS3005 |
| Credit points | 6 |
| Offered | Semester 2, Summer |
| Prerequisites | One of (ECOS2001 or ECON2001) or (ECOS2901 or ECON2901) |
| Prohibitions | ECON3005, ECOS2201 |
| Lectures | 1 x 2 hr lecture per week and 1 tutorial hour per fortnight |
| Assessment | 1 Mid semester exam, final exam, problem sets |
| Description | This unit of study examines the nature of inter-firm rivalry in industries with market power. It explores the various ways in which firms can increase their market power by: extracting more surplus from consumers, by colluding with rivals or by excluding entrants. The unit also analyses the international competitiveness of industries in the context of industry assistance and the prevalence of foreign multinationals. Competition policy is also discussed. |
| This unit of study is available as part of the following major subject areas |
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