Industrial Organization

Education facts

Code: 2EC202

The objective of the course is to give the students a good understanding of market structures, firms' behavior, and welfare consequences. The course introduces more realistic models of firms and markets than used on the introductory courses and gives the students theoretical and empirical knowledge regarding the consequences of oligopoly, product differentiation, cooperation, cartels, entry and exit and strategic behavior. The starting point for the analysis is the existence of market power, and frictions such as information asymmetries, transaction costs, and entry barriers. The course discusses how markets are organized and how firms interact given these kinds of frictions.

Entry requirements

30 credits in economics and Mathematics 3b/3c or Mathematics Further level 1b or 1c or equivalent. Proficiency in English equivalent to the Swedish upper secondary course English 6/level 2.

Education offerings

Each offering has its own dates and conditions. Closed offerings are retained as history and do not mean that a new application is open.

• Industrial Organization

  Umeå University

  Start date: 18 January 2027

  End date: 24 March 2027

  Pace of study: 33 %