Economics of Industrial Organization

Korea University

Course Description

  • Course Name

    Economics of Industrial Organization

  • Host University

    Korea University

  • Location

    Seoul, South Korea

  • Area of Study

    Economics

  • Language Level

    Taught In English

  • Prerequisites

    Prerequisite: ECON205

  • Course Level Recommendations

    Lower

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Credits

    3
  • Recommended U.S. Semester Credits
    3
  • Recommended U.S. Quarter Units
    4
  • Overview

    Course Outline
    We will cover several topics from industrial organization including firms' pricing, price discrimination, product differentiation, industry structures. Based on Industrial Organization, we would some selected antitrust topics such as market definition, antitrust market, merger review and vertical constraints.

    Course Objective
    The core topics of this course include:

    -Industry Structure such as vertical and horizone ones
    -Oligopoly Competition such as Bertrand and Cournot competition
    -Price Discrimination and pricing strategies
    -Complements, value net, and strategy;
    -Network effects, positive feedback, lock-in or being stranded;
    -Alliances and standards;
    -Intellectual property rights, corporate strategy and anti-trust constraints;
    -Merger Evaluation

    Textbook, Material
    We would hand out lecture ppt. Course would go based on these ppt slides. Any industrial organization textbook would be complementary. This course would include several antitrust cases.

Course Disclaimer

Courses and course hours of instruction are subject to change.

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.

Please reference fall and spring course lists as not all courses are taught during both semesters.

Availability of courses is based on enrollment numbers. All students should seek pre-approval for alternate courses in the event of last minute class cancellations

Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.