Cursos / 2º Ciclo / / Faculty of Economy and Business Management :: Economics
ECONOMIA INDUSTRIAL - 2016/2017
1º curricular year
Semestralidade: 1st semester
ECTS: 7.5
Teachers
Leading Teacher: Prof. Doutora Erika Laranjeira
Assistant Professor: Prof. Doutora Erika Laranjeira
Class type and School hours
Teaching Language
Portuguese
Main Aims/Objectives
Industrial Economics is concerned with the working of markets and industries, in particular the way firms compete with each other. It is an independent discipline of microeconomics because analyses the strategies of firms, this is, the respective interactions in the market: price competition, product positioning, research and development, as examples. Industrial Economics is in fact the Economics of Imperfect Competition.
Specific Aims/Objectives
The main aim of the course is to provide students with a set of tools that they can use in their professional activity. For this purpose are selected some topics centered on the study of real markets, more precisely, in the study of imperfect markets.
Skills to be acquired
Identify and measure the different market structures.
Identify different strategic interactions at the level of oligopoly models.
Analyze the strategic commitment.
Study the dynamic strategies of prices competition.
Teaching Procedures
In practical classes the exposed material is always accompanied by an illustration with real cases. The tutorial lessons are designed to clarify questions and practical discussion of the issues taught in practical classes. It will be shown to students appropriate readings within the Course Bibliography as a way to complement the content transmitted in class.
Programme
1. Introduction to Industrial Economics
2. Market Definition
3. Production Technology and Market Structure
4. Oligopoly Market
5. Monopoly Power and Predatory Behavior
6. Collusion and Cartels
7. Mergers and Acquisitions
Evaluation Type
The evaluation is in accordance with the "Regulamento Geral de Avaliação de Conhecimentos para o 2º Ciclo de Estudos da Universidade Lusíada". Accomplishment, presentation and discussion of research work, more a final exam with a rating of 60% and 40% respectively.
Teaching Resources
Material provided in classes and recommended bibliography.
Sustainability Objectives
Keywords
Industrial Economics
Market Power
Oligopoly
Cournot
Bertrand
Game Theory
Nash Equilibrium
Noncooperative games
Monopolistic competition
Main Bibliography
Author | Pepall, Lynne; Richards, Daniel |
---|---|
Title | Industrial Organization: Contemporary Theory and P |
Edition | 5ª Ed. |
Place | EUA |
Editor | South-Western Thomson Learning |
Year | 2013 |
Author | Besanko, David |
Title | Economics of Strategy |
Edition | 6ª Ed. |
Place | EUA |
Editor | Wiley |
Year | 2012 |
Author | Cabral, Luís |
Title | Introduction to Industrial Organization |
Edition | 1ª Ed. |
Place | Reino Unido |
Editor | MIT Press |
Year | 2000 |
Complementary Bibliography
Author | Mata, José |
---|---|
Title | Economia da Empresa |
Edition | 2ª Ed. |
Place | Portugal |
Editor | Fundação Calouste Gulbenkian |
Year | 2002 |
Author | Church, Jeffrey; Ware, Roger |
Title | Industrial Organization: A Strategic Approach |
Edition | 1ª Ed. |
Place | EUA |
Editor | McGraw-Hill International Editions |
Year | 2000 |