ECON160 FINAL

DEPARTMENT OF ECONOMICSPRIVATE

University of California, Riverside

SYLLABUS

Economics 160--Industrial Organization

Spring, 2020

Tuesdays and Thursdays 9:30 AM - 10:50 AM, Sproul 2355

Instructor: Professor T. Bandopadhay

Department: Department of Economics

Office: Sproul, Room 3130

Phone No.: 827-1586

Office Hours: Thursdays, 5:10 - 6:10 PM and by appointment

COURSE OUTLINE AND READING LIST

CATALOG DESCRIPTION:

Econ 160. Industrial Organization. A study of the organization and structure of the American industrial system with emphasis on its production and pricing behavior and policies, its market structure, and public policies regulating or influencing its market behavior.

Although the analysis will rely mostly on graphical presentation, algebra will be used throughout this course.

COURSE OBJECTIVE:

This course is designed to give a comprehensive understanding of basic theory of industrial organization, and to discuss how these principles relate to some relevant issues of corporate American industries.

TEXT BOOK:

Dennis W. Carlton & Jeffrey M. Perloff, Modern Industrial Organization, Latest Edition, Addison Wesley, New York.

The following books are also recommended for reading:

1. Dixit, A, and Nalebuff, B.J. (1991), Thinking Strategically, Norton.

2. Robinson, E. (1958), The Structure of Competitive Industry, rev. Ed, University of Chicago. 3. Stigler, G. (1968), The Organization of Industry, Irwin.

4. Tirole, J. (1988), The Theory of Industrial Organization, M.I.T. Press.

COURSE OUTLINE :

TOPICS

1. Theory of the Firm (Review of ECON 102/104A)

2. The Standard Market Structure

3. Game Theory: Normal-Form Games

4. Price Discrimination & Nonlinear Pricing

5. Quality & Durability

6. Brand & Advertising

7. Game Theory: Extensive Form

8. Entry Deterrence and Collusion

9. Managerial Incentives

10. Government Intervention

INSTRUCTION:

There are three lecture-demonstration meetings each week. Students are expected to go back to their intermediate microeconomics textbook and review the material. Attendance will be important for the lectures.

During the lecture, students are encouraged to ask questions at any time.

EXAMINATIONS:

There are two examinations scheduled, i.e., the midterm and the final examinations. The midterm examination will be given on Tuesday, May 5, 2020. Unexcused absences from examinations will result in a zero grade for the examination. Before the midterm examination, there will be a review session in the evening (6:10 - 8:00 PM) on Monday, May 4, 2020 possibly in SPROUL 2355 and it would be confirmed two weeks before the test. Conflict final examinations will be given only to the students who get approved conflicts from the University.

During examination students must take their seats apart from each other whenever there are enough seats.

GRADING:

FINAL EXAMINATION 35%

PROJECT/TERM PAPER 20%

ATTENDENCE 10%

MIDTERM EXAMINATION 35%

100%