Industrial Economics (IE415) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Industrial Economics IE415 Area Elective 3 0 0 3 5
Pre-requisite Course(s)
N/A
Course Language English
Course Type Elective Courses
Course Level Bachelor’s Degree (First Cycle)
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Question and Answer, Problem Solving.
Course Coordinator
Course Lecturer(s)
Course Assistants
Course Objectives The purpose of this course is to introduce the student to the major areas encompassed by industrial organization, focusing on modern theoretical approaches and also on recent empirical studies.
Course Learning Outcomes The students who succeeded in this course;
  • Students will recognize that there are complexities in our understanding of the relevant market for competition purposes and that there are a number of competing perspectives in industrial economics which make public policy decisions problematic.
  • Students will acquire knowledge about what a concentration ratio is.
  • Students will be able to define industrial economics.
  • Students will be able to assess the definition of an industry.
  • Students will be able to compare and contrast various perspectives in industrial economics.
Course Content Competitive markets, real world institutions, and the internal organization of firms; price discrimination; vertical control; oligopoly theory; product differentiation under oligopoly; entry, entry deterrence and predation; new empirical industrial organization; non-cooperative game theory.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 Monopoly
2 Product Differentiation
3 Price Discrimination
4 Vertical Control
5 Oligopoly Theory
6 Product Differentiation under Oligopoly
7 Midterm I
8 Entry, Entry Deterrence, and Predation
9 Entry, Entry Deterrence, and Predation
10 Information and Strategic Behavior
11 Traditional Industrial Organization: A Review
12 Midterm II
13 New Empirical Industrial Organization
14 New Empirical Industrial Organization
15 International Trade and Industrial Organization
16 Final Examination Period

Sources

Course Book 1. Tirole, J., The Theory of Industrial Organization, MIT Press, 1988.
Other Sources 2. -

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation - -
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments - -
Presentation - -
Project - -
Report - -
Seminar - -
Midterms Exams/Midterms Jury 2 60
Final Exam/Final Jury 1 40
Toplam 3 100
Percentage of Semester Work 60
Percentage of Final Work 40
Total 100

Course Category

Core Courses X
Major Area Courses
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

# Program Qualifications / Competencies Level of Contribution
1 2 3 4 5
1 Acquiring the skills of understanding, explaining, and using the fundamental concepts and methods of economics
2 Acquiring the skills of macro level economic analysis
3 Acquiring the skills of micro level economic analysis
4 Understanding the formulation and implementation of economic policies at the local, national, regional, and/or global level
5 Learning different approaches on economic and related issues
6 Acquiring the quantitative and/or qualitative techniques in economic analysis
7 Improving the ability to use the modern software, hardware and/or technological devices
8 Developing intra-disciplinary and inter-disciplinary team work skills X
9 Acquiring an open-minded behavior through encouraging critical analysis, discussions, and/or life-long learning
10 Adopting work ethic and social responsibility
11 Developing the skills of communication.
12 Improving the ability to effectively implement the knowledge and skills in at least one of the following areas: economic policy, public policy, international economic relations, industrial relations, monetary and financial affairs. X

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours) 16 3 48
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class 16 3 48
Presentation/Seminar Prepration
Project
Report
Homework Assignments
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 2 7 14
Prepration of Final Exams/Final Jury 1 15 15
Total Workload 125