Study-Unit Description

Study-Unit Description



CODE ECN4181

 
TITLE Industrial Economics

 
UM LEVEL 04 - Years 4, 5 in Modular UG or PG Cert Course

 
MQF LEVEL Not Applicable

 
ECTS CREDITS 5

 
DEPARTMENT Economics

 
DESCRIPTION Course Objective:

The course principally proposes the economic analysis of industry and attempts to describe satisfactory explanations of the ways in which economic forces operate within the industrial sector. The course hence covers the applications of micro-economic theory to the analysis of firms, markets and industries. Central to this branch of economics is the "Structure-Conduct- Performance" paradigm, which will be examined in some detail.

Indicative list of topics to be covered:

- Introduction to Industrial Economics
- The Structure-Conduct - Performance Paradigm
- The Firm and corporate Growth
- Market Concentration
- Diversification, Merger and Innovation
- Pricing and Advertising
- Monopolies
- Foundations of Industrial Policy

Suggested Textbooks:

- Ferguson, P., & Ferguson, G. Industrial Economics - Macmillan Press 1994
- Pass, C. & Lowes, B. Business and Microeconomics - Routledge, 1994

Students will be expected to read all relevant textbook chapters covered in lectures in addition to notes and any hand-outs issued.

 
STUDY-UNIT TYPE Lecture

 
METHOD OF ASSESSMENT
Assessment Component/s Sept. Asst Session Weighting
Examination (2 Hours) Yes 100%

 
LECTURER/S Christopher Meilak

 

 
The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints.
Units not attracting a sufficient number of registrations may be withdrawn without notice.
It should be noted that all the information in the description above applies to study-units available during the academic year 2025/6. It may be subject to change in subsequent years.


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