Industrial Economics, or Industrial Organization (IO) focuses on firm behavior in imperfectly competitive markets. This course will explore the acquisition and use of market power by firms, strategic interactions among firms, and the role of government competition policy.
In the first semester, we will start with a review of the theory of the firm and the basic of market structures. We will also study the general business practices using some of the latest research in game theory and transaction cost theory. In the second semester, we will examine the effects of limited information on markets and how strategic behavior by firms can alter information. Then we will use dynaimc models describe the evolution of markets and firm behavior over time. Finally, we will analyze the effects of government actions.
This course aims to help students (i) obtain fundamental knowledge and analytical skills of industrial economics; (ii) understand how modern economy functions; and (iii) develop the capacity of observing, investigating, and making decisions about public issues.Industrial Economics, or Industrial Organization (IO) focuses on firm behavior in imperfectly competitive markets. This course will explore the acquisition and use of market power by firms, strategic interactions among firms, and the role of government competition policy.
In the first semester, we will start with a review of the theory of the firm and the basic of market structures. We will also study the general business practices using some of the latest research in game theory and transaction cost theory. In the second semester , we will examine the effects of limited information on markets and how strategic behavior by firms can alter information. Then we will use dynaimc models describe the evolution of markets and firm behavior over time. Finally, we will analyze the effects of government actions.
This course aims to help students (i) obtain fundamental knowledge and analytical skills of industrial economics; (ii) understand how modern economic functions; and (iii) develop the capacity of observing, investigating, and making decisions about public issues.
本課程係產業組織的基礎課程，為產業經濟分析及產業研究等一系類課程的基礎。課程以個體經濟學的基本理論為基礎，主要探討產業間廠商之水平及垂直關係。水平關係包含非完全競爭市場的課題，除介紹傳統的結構行為—績效理論之外，將以賽局理論為架構，探討廠商與廠商之間的互動對產業的影響。垂直關係則包含廠商之垂直整合、控制、分工及供應鏈的建立。課程主要內容包括廠商的理論的簡介、產業結構指標的介紹及廠商進出的影響因素、賽局理論與寡占理論、廠商的勾結與訂價行為、垂直整合與分工、產品差異化與廣告、政府的政策及法令的管制對廠商及產業的影響也在探討之列。除了產業組織理論的介紹，將配合產業現況及個案的討論以強化學習深度。
This course is a basic course on industrial organization and serves as the basis for a series of courses such as industrial economic analysis and industrial research. The course is based on the basic theory of individual economics and mainly discusses the horizontal and vertical relationships between manufacturers in industries. Horizontal relationships include the subject of imperfectly competitive markets. In addition to introducing the traditional structural behavior-performance theory, the game theory will be used as a framework to explore the impact of interactions between manufacturers on the industry. Vertical relationships include vertical integration, control, division of labor and the establishment of supply chains among manufacturers. The main content of the course includes an introduction to the theory of manufacturers, an introduction to industrial structure indicators and factors affecting the entry and exit of manufacturers, competition theory and oligopoly theory, collusion and pricing behavior of manufacturers, vertical integration and division of labor, product differentiation and advertising, and government The impact of policy and legal controls on manufacturers and industries is also discussed. In addition to the introduction of industrial organization theory, discussions on current industry conditions and cases will be conducted to enhance the depth of learning.
Textbook:
Carlton, D.W. and J.M. Perloff. 2015. Modern Industrial Organization. Global Edition, 4th Edition. (雙葉書廊代理)
References:
陳正倉, 林惠玲, 陳忠榮, 莊春發. 2022. 產業經濟學: 理論與實際. 第四版. (雙葉書廊)
Pepall, L., Richards, D., and G. Norman. 2014. Industrial Organization: Contemporary Theory and Empirical Applications, 5th Edition. (東華書局)
Textbook:
Carlton, D.W. and J.M. Perloff. 2015. Modern Industrial Organization. Global Edition, 4th Edition. (Agent by Shuangye Bookstore)
References:
Chen Zhengcang, Lin Huiling, Chen Zhongrong, Zhuang Chunfa. 2022. Industrial Economics: Theory and Practice. Fourth Edition. (Shuangye Bookstore)
Pepall, L., Richards, D., and G. Norman. 2014. Industrial Organization: Contemporary Theory and Empirical Applications, 5th Edition. (Donghua Book Company)
| 評分項目 Grading Method | 配分比例 Grading percentage | 說明 Description |
|---|---|---|
| In-class gradeIn-class grade in-class grade |
30 | Course participation, problem sets, and quizzes. |
| Digital / Self-directed Learning Digital / Self-directed Learning digital/self-directed learning |
10 | |
| Midterm examMidterm exam midterm exam |
30 | |
| Final examFinal exam final exam |
30 |
