AH2012 Industrial Organization 7.5 credits

• Static oligopoly
• Price competition and product differentiation
• Price discrimination
• Strategic investments
• Switching costs and network externalities
• Research and development
• Repeated games and cartels
• Determinants of market structure
• Market dynamics

The course deals with how markets work (and why they sometimes fail to work) in the short, medium and long run. The focus is on competition in concentrated markets and how firms select their strategies to maximize profits. Although both the theoretical models and the empirical applications deal with firms and product markets the underlying ideas are general and applicable to a wide variety of economic situations.

At least 30 credits academic studies in mathematics/economics/business administration and documented proficiency in English B or equivalent (TOEFL, IELTS eg).

Reading list will be provided by the course administration

• TEN1 - Examination, 7.5 credits, grading scale: A, B, C, D, E, FX, F

Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.

The examiner may apply another examination format when re-examining individual students.

If the course is discontinued, students may request to be examined during the following two academic years.

• All members of a group are responsible for the group's work.
• In any assessment, every student shall honestly disclose any help received and sources used.
• In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.