INDUSTRIAL ORGANIZATION
Summer 2014
Instructor
Basak Uysal, buysal@econ.rutgers.edu
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Office
75 Hamilton Street, New Jersey Hall 429, College Ave. Campus
Meeting Time & Location
TTh 6 pm-9.40 pm, Voorhees Hall 105, College Ave. Campus
Office Hours
T 3.30 pm-5.30 pm or by appointment
Prerequisites
Intermediate Microeconomics (01:220:320) and Econometrics (01:220:322)
Textbook
Industrial Organization: Contemporary Theory and Practice with Economic Applications
Lynne Pepall, Daniel J. Richards and George Norman
Wiley-Blackwell Publications, 4th edition
ISBN: 1405176326, ISBN-13: 978-1405176323
Course Website
https://sakai.rutgers.edu
Learning Outcomes
Industrial Organization (01:220:341) is an upper-level elective course. This course examines the determinants and effects of industry structure. It introduces both theoretical concepts and empirical applications, focusing particularly on U.S. industries. On completion of this course, students are expected to be familiar with the basic market structure models of monopoly, oligopoly, and monopolistic competition; use game theory to analyze strategies and outcomes of single-period and multi-period games; understand the rationale of government regulations and policies, firms responses to them, and the consequences; and understand the rationale of firms strategic behaviors: pricing, advertising, and vertical integration.
Method of Evaluation
The evaluation will be based on two paper assignments, three announced quizzes and a noncumulative final exam. The quizzes and the final exam will be in class time. The final exam will be on July 3rd and cannot be changed. You cannot take the final exam at another time; hence you need to make your plans accordingly.
Make up for a missed exam will be given only in extreme circumstances with a validated proof.
The student or someone acting on behalf of the student must notify the instructor within 24 hours after the