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ES30044: Industrial organisation

[Page last updated: 15 October 2020]

Follow this link for further information on academic years Academic Year: 2020/1
Further information on owning departmentsOwning Department/School: Department of Economics
Further information on credits Credits: 6      [equivalent to 12 CATS credits]
Further information on notional study hours Notional Study Hours: 120
Further information on unit levels Level: Honours (FHEQ level 6)
Further information on teaching periods Period:
Semester 2
Further information on unit assessment Assessment Summary: CW 100%
Further information on unit assessment Assessment Detail:
  • Coursework (CW 100%)
Further information on supplementary assessment Supplementary Assessment:
Like-for-like reassessment (where allowed by programme regulations)
Further information on requisites Requisites: Before taking this module you must take ES20011 AND take ES20012
Description: Aims:
The aim of the unit is to provide a rigorous understanding of contemporary theories of industrial organisation.

Learning Outcomes:
By the end of the unit students will have acquired familiarity with key topics in industrial organisation (e.g. pricing theory, advertising, innovation, the analysis of market structure, barriers to entry) and will be able to apply these concepts to contemporary industrial developments. Students will also have gained an understanding of industrial and competition policy.

Skills:
The following are facilitated and assessed: abstract reasoning, information synthesis, diagrammatic skills, writing skills, numeracy skills.

Content:
The unit provides a critical review of contemporary industrial structure and of the relationship between industries in the UK, Europe and beyond. It analyses the two main paradigms for understanding industry, namely the Structure-Conduct-Performance model and the New Industrial Economics. It applies microeconomic theory to explain why firms exist and how they select price, output and marketing strategies. It also examines the role played by government policy in the operation and regulation of industry.
Further information on programme availabilityProgramme availability:

ES30044 is Optional on the following programmes:

Department of Economics
  • UHES-AFB03 : BSc(Hons) Economics (Year 3)
  • UHES-AAB03 : BSc(Hons) Economics with Study year abroad (Year 4)
  • UHES-AKB03 : BSc(Hons) Economics with Year long work placement (Year 4)
  • UHES-AFB04 : BSc(Hons) Economics and Mathematics (Year 3)
  • UHES-AAB04 : BSc(Hons) Economics and Mathematics with Study year abroad (Year 4)
  • UHES-AKB04 : BSc(Hons) Economics and Mathematics with Year long work placement (Year 4)
  • UHES-ACB04 : BSc(Hons) Economics and Mathematics with Combined Placement and Study Abroad (Year 4)
  • UHES-AFB01 : BSc(Hons) Economics and Politics (Year 3)
  • UHES-AAB01 : BSc(Hons) Economics and Politics with Study year abroad (Year 4)
  • UHES-AKB01 : BSc(Hons) Economics and Politics with Year long work placement (Year 4)
  • UHES-ACB01 : BSc(Hons) Economics and Politics with Combined Placement and Study Abroad (Year 4)
  • UHES-ACB03 : BSc(Hons) Economics with Combined Placement and Study Abroad (Year 4)

Notes: