Academic Catalog

ECON451 INDUSTRIAL ECONOMICS

Course Code: 3110451
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 6.0
Department: Economics
Language of Instruction: English
Level of Study: Undergraduate
Course Coordinator: Prof.Dr. EROL TAYMAZ
Offered Semester: Fall Semesters.

Course Content

The course is an extension of 3110 201. Organization and development, concentration, entry barriers and other aspects of oligopolistic market structures will be discussed in the first part of the course. The second part will involve the theoretical and empirical dimensions of firm behavior. The specific topics will center on the pricing, investment and growth processes of modern oligopolistic firms.