To enable students to develop knowledge of microeconomic theory with an emphasis on the behavior of firms in different market structures and to demonstrate through examples the possibilities of applying the main tools of microeconomic analysis. At the same time, to provide students with the necessary theoretical basis for analyzing the key determinants of industrial concentration and its implications for the level of market competition.
1. Introduction to industrial organization
2. Misunderstanding oligopoly
3. Collusive oligopoly
4. Industrial concentration: measurement and trends
5. Barriers to entry into the industry
6. SCP paradigm vs NEIO
7. Market regulation and competition
1. Examine how market structure affects firm behavior and how firms acquire market power.
2. Distinguish between the behavior of companies in conditions of consensual and non-consensual oligopoly.
3. Examine the level of industry concentration and evaluate its impact on company performance.
4. Examine the system of measures and procedures for the protection of competition