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Study of firms, industries, and markets
- Industrial Economics is the study of firms, industries, and markets. It looks at firms of all sizes – from local corner shops to multinational giants such as WalMart or Tesco. And it considers a whole range of industries, such as electricity generation, car production, and restaurants.
www.studyingeconomics.ac.uk/module-options/industrial-economics/
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Sep 8, 2024 · Industrial economics examines how technological advancements can disrupt existing market structures and create new competitive dynamics. Technology can lower barriers to entry, diminish traditional firms’ market power, and lead to the development of entirely new industries.
Industrial Economics is the study of firms, industries, and markets. It looks at firms of all sizes – from local corner shops to multinational giants such as WalMart or Tesco. And it considers a whole range of industries, such as electricity generation, car production, and restaurants.
Overview. The purpose of this chapter is to define the subject area of this text, to discuss the approach and methodology of industrial economics in dealing with these matters, and to highlight some of the major topics in the field. A. Definition and Scope.
- W. Stewart Howe
- 1978
- Principal Aims
- Principal Learning Outcomes
- Context
- Assessment
- Exam Rubric
The aim of this module is to provide concise coverage of a range of central topics in industrial economics, first building a framework of oligopoly then adding to that framework, so bringing the models closer to life. Consequently, the student will gain an appreciation of the key ideas underlying the subject, on which they can build or develop as n...
Subject Knowledge and Understanding:...demonstrate a thorough understanding of the theoretical foundations of industrial economics. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Repo...
Optional Module
1. L1P6 - Year 1
Pre or Co-requisites
1. The module will build on some aspects of your knowledge of microeconomics including elementary game theory. In addition it assumes some knowledge of econometrics.
Assessment Method
1. Coursework (20%) + In-person examination (80%)
Coursework Details
1. In-person examination (80%) , Problem Set 1 (10%) , Problem Set 2 (10%)
Exam Timing
1. May
There is no examination for the EC943 module in 2020/21 Previous exam papers can be found in the University’s past papers archive. Please note that previous exam papers may not have operated under the same exam rubric or assessment weightings as those for the current academic year. The content of past papers may also be different.
In its simplest form, individuals make investments that develop their skills, and this stock of skills is optimized for the labor market. In this analysis, the most frequently employed measure of individual skills, or human capital, has been school attainment, or simply years of schooling completed.
Industrial economics is the study of competitive and monopoly conditions as they may affect market outcomes. An assessment of the field now is timely. For a century, it has been developing a variety of concepts, research methods, and estimates of functional relationships.
Dec 15, 2011 · The economics of education is a rapidly growing and evolving field that applies a diverse array of economic theories, models, and quantitative methodologies to understand, analyze, and improve the performance of education systems.
