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Course Description


Code: ECO451

Semester: B

Tutor: V. Droucopoulos

The course is a sequel of Industrial Economics I (ECO311) and is designed to start the process of preparing Economics students for postgraduate studies in this area and may also be of interest to students who value applied micro-theory.

The course integrates theoretical models and empirical studies, and consists of two two--hour seminar-type classes per week. It deals with topics which mainly concern collusion, cartels, price wars and price discrimination.

The students attendance and participation in the lecture is essential to the understanding of the course. Assessment is based on a two-hour written term exam. Students will also be asked to present short case studies in class.

The primary text for the course is the Greek translation of Luis M. B. Cabral’s, Introduction to Industrial Organization, The MIT Press, Cambridge, Mass., 2000 which will be supplemented by a number of additional material (instructor’s notes etc.)

Additional textbooks (available in the Economics Library, both in Greek and  in English):

Don E. Waldman and Elizabeth J. Jensen, Industrial Organization: Theory and Practice, 3rd ed., Pearson, Boston, 2007.

John Lipczynski et al., Industrial Organization: Competition, Strategy, Policy, 3rd ed., Prentice Hall, Harlow Essex, 2009.