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2014/2015  KAN-CAEFO1076U  Inter-firm Relations: Industrial Organization

English Title
Inter-firm Relations: Industrial Organization

Course information

Language English
Course ECTS 7.5 ECTS
Type Mandatory
Level Full Degree Master
Duration One Semester
Course period Autumn
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for MSc in Economics and Business Administration
Course coordinator
  • Tat Kei Lai - Department of Economics (ECON)
Main academic disciplines
  • Economics, macro economics and managerial economics
Last updated on 08-07-2014
Learning objectives
Upon completion of the course, the student should be able to:
  • explain the theories and models to analyze a firm's optimization problems.
  • apply game-theoretic tools to analyze strategic situations among firms.
  • - discuss the empirical approaches to test certain theoretical models taught during the course.
  • apply the theories and models to realistic problems.
Inter-firm Relations: Industrial Organization:
Exam ECTS 7,5
Examination form Written sit-in exam
Individual or group exam Individual
Assignment type Written assignment
Duration 4 hours
Grading scale 7-step scale
Examiner(s) Internal examiner and external examiner
Exam period December/January and February
Aids allowed to bring to the exam Limited aids, see the list below and the exam plan/guidelines for further information:
  • Allowed calculators
  • Allowed dictionaries
Make-up exam/re-exam
Same examination form as the ordinary exam
If the number of registered candidates for the make-up examination/re-take examination warrants that it may most appropriately be held as an oral examination, the programme office will inform the students that the make-up examination/re-take examination will be held as an oral examination instead.
Description of the exam procedure
Allowed exam aids are language dictionaries and Texas Instruments TI-30X IIS (solar), Texas Instruments TI-30X IIB (battery), TI-30X IIS/IIB, TI-30XS MultiView and TI-30XB MultiView).
Course content and structure

This course gives an overview of modern industrial organizations and, with its focus on inter-firm relations. It complements KAN-CAEFO1074U Firm Theory and Corporate Governance which is focused on the intra-firm relations.
We will use microeconomics and game theory to analyze how a firm operates under monopoly, oligopoly, and perfect competition through adopting such strategies as price discrimination, product differentiation, collusion, and entry and exit.

Teaching methods
Lectures mixed with exercices.
Expected literature

Preliminary literature.
Pepall, Lynne, Dan Richards and George Norman (2008). Industrial Organization, Contemporary Theory and Empirical Applications. 4th Edition, Blackwell Publishing: Malden, Oxford and Victoria.

Last updated on 08-07-2014