Course Description
The course applies microeconomic theories to the study of the organization of firms,industries, markets, and firm behaviors. It emphasizes strategic interactions among firms
as ways to characterize firm behaviors: price setting, entry and exit decisions, vertical
integration, research and development, etc. This approach also draws implications on the
effects of government policies, including regulations and competition policies.
On completion of this course, students should be able to understand the theories in
industrial organization, and apply creatively the theories to understand firms’ interactions.
CUHK
ECON3480 Industrial Organization