Excerpt from course description

Industrial Organization and Economics Consulting

Introduction

lndustrial organization (IO) analyses the boundary of firms and the relationship between firms and markets. lndustrial organization constitutes the theoretical underpinning of economics consulting. The purpose of this course is twofold: First to give the students a sound theoretical understanding of the field of industrial economics. Second to demonstrate how the principals of industrial organization are applied within economics consulting, through real-world cases. Professionals from the industry will give guest lecturers.

Examples of topics include: incentives and contracts, price discrimination and Ramsey pricing, acquisitions and mergers, auctions, economic implications of the competition law, regulation, and innovation. 

Course content

The course covers topics as:

  • Competitive structure and companies' strategic challenges
  • Optimal pricing with fixed costs (Ramsey-principle)
  • Auctions
  • Competition law and theory of regulation
  • Incentive contracts
  • Collusion
  • Mergers and acquisitions
  • Vertical structure and organizational design

Cases:

  • Price discrimination in the grocery market
  • Telecommunication and access pricing,
  • The market for hydropower and regulation,
  • The book market and RPM contracts
  • Pricing of port services and the Ramsey principle
  • Litigation case: overcharge in the Telecommunications markets

Disclaimer

This is an excerpt from the complete course description for the course. If you are an active student at BI, you can find the complete course descriptions with information on eg. learning goals, learning process, curriculum and exam at portal.bi.no. We reserve the right to make changes to this description.