Course Description

Economics 364a/b Industrial Organization I

An introduction to the modern theory of Industrial Organization. This course introduces the principles of game theory and applies them to the oligopoly problem. It also discusses issues such as: reasons for the existence of firms; the problem of vertical integration; and the incentives for cooperative behavior among firms.

Antirequisite: Economics 357a/b.
Prerequisites: Economics 261a/b.
3 lecture hours, half course.


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