Industrial Economics

Industrial Economics is a course that based on industrial organization: analysis of the behavior of firms under different industrial structures such as competitive market, monopolistic competition, oligopoly, and monopoly.?This course focuses on firm behavior in imperfectly competitive markets, which appear to be far more common than the perfectly competitive markets and monopoly that were the focus of basic intermediate microeconomics course.?This field analyzes the acquisition and use of market power by firms, strategic interactions among firms, and the role of government competition policy.?We will approach this subject from both theoretical and applied perspectives.