Market Organization 2400-EPZU2OR
Industrial organization:
• Getting to know the organization of the market: the concept of industrial organization, reminding of the most important microeconomic concepts.
• Market power: market power limitations, market concentration, Lerner index, HHI index, cartels, natural monopoly.
• Dominant firm and competitive edge: dominant firm, competitive edge, monopoly in the durable goods market, Coase's theorem.
• Price differentiation: 1st, 2nd and 3rd degree differentiation, peak-load, time differentiation, two-part tariffs, bundling, auctions.
• Non-price differentiation: qualitative discrimination, types of goods based on quality, quality signaling strategies, network effects.
Type of course
Course coordinators
Learning outcomes
Students who pass the course have tools for theoretical and practical analysis of processes observed on a market, they understand competition and firm behavior in a the rigid economic framework. S_W01, S_W02, S_W03, S_W04, S_U01, S_U02, S_U03, S_U04, S_K01
Assessment criteria
The final grade consists of points that students can achieve through active participation in the class (i.e. delivering presentations) and a score on an exam. In total, students can obtain up to 100 points.
Grading:
[0-50] ndst
(50-60] dst
(60-70] dst +
(70-80] db
(80-90] db +
(90-100]bdb
100 bdb +
Bibliography
Liturature background necessary before starting the course:
• Varian H. R. (2002), Mikroekonomia: Kurs średni - ujęcie nowoczesne, Wydawnictwo Naukowe PWN, Warszawa
Literature for the course:
• Research articles described during each lecture
• Jeffrey R. Church and Roger Ware. Industrial Organization: A Strategic Approach. New York: McGraw-Hill, 2000 (pobierz).
• Kusztelak P. (2012), Strategie produktowe Różnicować czy upodabniać - podejście teoriogrowe oraz weryfikacja eksperymentalna,
CeDeWu, Warszawa (oznaczenie: KU)
• Red. Krawczyk M. (2012), Ekonomia Eksperymentalna, Wolters Kluwer, Warszawa (oznaczenie: KR)
Other readings:
• Shy O. Industrial Organization. Theory and Applications. MIT Press, 2001
• Shy O. The Economics of Network Industries. Cambridge University Press, 2001
• Carlton D. and Perloff J. Modern Industrial Organization. Addison Wesley Longman, 2000
• Tirole J. The Theory of Industrial Organization. MIT Press, 1990
Additional information
Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system: