Indurstrial Economics (Field 8)

EE481 Industrial Economics

3 (3-0-6) 

Prerequisites: EE311

This course studies behaviors of firms under imperfectly competitive markets. It covers the structure–conduct–performance (SCP) paradigm, which examines the relationship among market structure, firms’ conducts and their performance. It also covers firms’ decision on operation, resource allocation, as well as firm’s strategic actions. Price theory and game theory will be used to analyze issues such as pricing, research and development, advertising, and firms’ decision under imperfect information