This Subject Includes

  • Course No: HS 214
  • Course: B.Tech
  • Semester: V
  • Title: Industrial Organization
  • Stream: Economics
  • Description:

    Cost concepts in single and multi-product firms, economies of scale and scope; Perfect competition; Monopoly, monopsony, and bilateral monopoly: price discrimination and two part tariff; Product differentiation and monopolistic competition; Oligopoly models: Cournot, Bertrand and Stackelberg, formation and stability of cartels; Role of imperfect information; Antitrust laws; Regulation: peak-load pricing, Ramsey pricing, average cost pricing.

  • Text:

    1. D W Carlton and J M Perloff, Modern Industrial Organization, Pearson, 4th Ed, 2004.2. J Church and R Ware, Industrial Organization: A Strategic Approach, McGraw Hill, 2000.

  • Course References:

    J Tirole, The Theory of Industrial Organization, MIT Press, 1988