Units / ECF5040
ECF5040 · Industry economics
2027 Handbook6 credit pointsLevel 5Department of Economics
Overview
The unit develops and examines the theoretical and empirical relationships between the structure of industries, the behaviour of enterprises and market performance. The fundamental principles are applied to the advanced analysis of various forms of firms' interaction: entry deterrence, collusion, product differentiation, advertising, research and development and pricing strategies. Welfare and policy issues will be discussed with the help of applied theory and empirical research. In this respect, recent journal articles and research reports will be used in analysing conceptual problems and related issues.
Offerings
| Campus | Teaching period | Mode |
|---|---|---|
| Caulfield | First semester | Activities scheduled as a mix of on-campus and online activities (BLENDED) |
Assessment
The Handbook does not list a final examination among the assessment items. That is not a guarantee there is none.
| # | Assessment | Type | Weight | Hurdle |
|---|---|---|---|---|
| 1 | 1 - Quiz / Test | Quiz / Test | 40% | — |
| 2 | 2 - Project | Project | 60% | — |
Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.
Requisites
prohibition
prerequisite
Learning outcomes
- demonstrate understanding of concepts and real-life applications in industrial organisation at the postgraduate level
- apply an analytic framework to algebraically and graphically solve problems in industrial organisation
- read journal articles and research papers and identify relevant theoretical concepts
- analyse and discuss real-life cases, and use the results to draw conclusions and lessons for the companies involved in the cases.
Workload
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
| Activity | Duration |
|---|---|
| Workshops | 22 hours |
| Assessments | 2 hours |
| Applied sessions | 24 hours |
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