Economia Industrial
6 ECTSSemester 1Exam: Optional
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--Description
Industrial Organization is the branch of Economics devoted to the study of firm behavior in markets that can be placed between the polar cases of Perfect Competition and Monopoly. By the end of the course, the student shall have a basic understanding of the way monoplist and oligopolist markets work, of how firms make their optimal decisions and of how these affect social welfare. In general terms, it is expected that students:
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Learn basic microeconomic concepts
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Understand the notion of strategic interdependence and learn how to reason strategically
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Learn how to analyze problems that are new to them in a formal way, based on (economic) models and developing their logic reasoning skills