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Presentation
Presentation
The course unit of Industrial economis aims to provid students with theoretical and practical knowledge, at an intermediate level, that allow an in-depth understanding of oligopolistic markets, the decision process and strategic behaviour of firms within these markets.
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Class from course
Class from course
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Degree | Semesters | ECTS
Degree | Semesters | ECTS
Bachelor | Semestral | 5
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Year | Nature | Language
Year | Nature | Language
2 | Mandatory | Português
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Code
Code
ULHT32-17115
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Prerequisites and corequisites
Prerequisites and corequisites
Not applicable
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Professional Internship
Professional Internship
Não
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Syllabus
Syllabus
1. FUNDAMENTALS OF MICROECONOMICS
1.1. Cost function
1.2. Perfect competition
1.3. Monopoly
2. BASIC CONCEPTS
2.1. Introduction
2.2. Firms
2.3. Market structure
3. OLIGOPOLY
3.1. Game theory
3.2. Classic models
4. ENTRY AND ANTICOMPETITIVE STRATEGIES
4.1. Entry and strategic decisions
4.2. Collusion
5. CONTRACTUAL RELATIONS BETWEEN FIRMS
5.1. Mergers and acquisitions
5.2. Vertical relationships
6. STRATEGIC BEHAVIOUR
6.1. Price discrimination
6.2. Product differentiation
6.3. Advertising
6.4. Research and development
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Objectives
Objectives
Lectures are based on a theoretical-practical approach in order to give the student the ability to: - Know at an intermediate level the concepts of industrial organization. - Acquire and develop theoretical and analytical skills to understand the different oligopolistic structures, firm's strategic behaviour, and the effects on social well-being. - Recognize and evaluate different anti-competitive strategies, the contact relationships between firms, and the strategic behaviour of price discrimination, product differentiation, advertising, and R&D.
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Teaching methodologies and assessment
Teaching methodologies and assessment
Contextualization of current national and international events in light of the knowledge acquired in the course
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References
References
Cabral, Luís - Introduction to Industrial Organization. 2nd edition. Cambridge Massachusetts: MIT Press, 2017, 440 páginas. ISBN: 9780262035941
Pepall, L., Richards, D. e Norman, G. - Industrial Organization: Contemporary Theory and Empirical Applications. 5th edition. Wiley-Blackwell, 2014, 736 páginas. ISBN: 9781118250303
Varum et al. - Economia Industrial - Teoria e Exercícios Práticos. 2ª Edição. Edições Sílabo, 2018. ISBN: 9789726188469
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Office Hours
Office Hours
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Mobility
Mobility
No
