INDUSTRIAL ECONOMICS

Degree course: 
Corso di First cycle degree in ECONOMICS AND MANAGEMENT
Academic year when starting the degree: 
2016/2017
Year: 
3
Academic year in which the course will be held: 
2018/2019
Course type: 
Compulsory subjects, characteristic of the class
Language: 
Italian
Credits: 
6
Period: 
Third Trimestre
Standard lectures hours: 
52
Detail of lecture’s hours: 
Lesson (40 hours), Exercise (12 hours)
Requirements: 

Microeconomics

Final Examination: 
Orale

The exam will be in written form (three questions with open answer on a choice of four) and will last one hour. The mark is based on 30/30.

Assessment: 
Voto Finale

The aim of the course is to give the fundamental instruments and concepts which are necessary to the analysis of industrial economics and organization. Special attention will be given to the determinants and the effects of the industrial structure and the firms’ strategies on the different markets.
At the end of the course, students will be able to understand the fundamental characteristics of different market structures and to make an economic analysis of the several industries which compose an economic system.

Introduction to industrial economics (3-4 h) (3 h)
Market structures: definition and classification
Entry deterrence (2-3 h)
Industrial and geographic concentration: indexes and determinants (3 h)
Models of oligopoly (3-4 h)
Price strategies (3 h)
Product differentiation (3 h)
Innovation and R&D (4 h)
Firm strategies of growth: M&A, strategic alliances, integrations and vertical restrictions (5-6 h)
Antitrust policies and market regulation policies (3 h)

- Lipczynski J., Wilson J.O.S., Goddard J., Economia industriale. Concorrenza, strategie e politiche pubbliche, Pearson Italia, 2017, all the chapters with the exception of chapters 4, 5 and 15.
- Slides and readings of the seminars will be available on the e-learning platform.
- Other materials (lectures’ slides, case studies and other documents) will be also available on the e-learning platform.

Convenzionale

In-class lectures, including presentation of case studies: 20 hours
E-learning: 20 hours

Academic Timetable
Once a week (see the lecturer home page)