Industrial Economics

Code: ENP 160

Type: Elective

Credits/Course (number of hours): 10/150

Content

  • Basic concepts of neoclassical microeconomics.
  • Types of competition.
  • Market structures: barriers to entry.
  • Oligopoly price formation.
  • Behavioural theory of companies and limited rationality.
  • Transaction Cost Economics and the New Institutional Economy.
  • Property rights.
  • Agency theory.
  • Resources, routines and capabilities (Resource Based View).
  • Schumpeter, evolutionary economics and entrepreneurship.