INDUSTRIAL ECONOMICS - FALL 2011
Lecture Notes
  • Lecture 1, 19.09.2011, 12:50–14:30/14:35–16:15, Lecture Room S2
    --     Lecture 1: Introduction to Industrial Economics/The Firm and costs (Carlton and Perloff (2000), Ch. 1-2) - Slides_L1
    --     Tutorial Session 1: Cost concepts for multiptoduct firm - The Baking Industry

  • Lecture 2, 26.09.2011, 12:50–14:30/14:35–16:15, Lecture Room S2
    --     Lecture 2: Competition (Carlton and Perloff (2000), Ch. 3) - Slides_L2
    --     Tutorial Session 2: Solving problems on deadweight loss of taxing, long-run equilibrium in a competitive market with high- and low-cost firms

  • Lecture 3, 03.10.2011, 12:50–14:30/14:35–16:15, Lecture Room S2
    --     Lecture 3: Monopoly (Carlton and Perloff (2000), Ch. 4) - Slides_L3
    --     Tutorial Session 3: Solving problems on monopsony, relation between price elasticity of demand and marginal cost of monopoly in equilibrium, comparison between perfect competition and monopoly equilibria

  • Lecture 4, 10.10.2011, non-present class
    --     Lecture 4: Dominant Firm with a Competitive Fringe (Carlton and Perloff (2000), Ch. 4, pp. 107-118) - Slides_L4
    --     Tutorial Session 4: Calculus Example on Monopoly and Externalities; Dominant Firm with a Competitive Fringe; Price Rigidity with Dominant Firms

  • Lecture 5, 17.10.2011, 12:50–14:30/14:35–16:15, Lecture Room S2
    --     Lecture 5: Cartels (Carlton and Perloff (2000), Ch. 5) - Slides_L5
    --     Tutorial Session 5: Solving problems on cartels with competitive fringe, relationship between number of noncartel firms and equilibrium outcome variables - price, output quantities, profits

  • Lecture 6, 24.10.2011, 12:50–14:30/14:35–16:15, Lecture Room S2
    --     Lecture 6: Noncooperative Oligopoly (Carlton and Perloff (2000), Ch. 6) - Slides_L6
    --     Tutorial Session 6: Solving problems on Cournot and Stackelberg equilibria

  • Lecture 7, 31.10.2011, 12:50–14:30/14:35–16:15, Lecture Room S2
    --     Lecture 7: Product Differentiation and Monopolistic Competition (Carlton and Perloff (2000), Ch. 7) - Slides_L7
    --     Tutorial Session 7: Midterm Exam

  • Lecture 8, 07.11.2011, 12:50–14:30/14:35–16:15, Lecture Room S2
    --     Lecture 8: Information Asymmetry, Advertising and Disclosure (Carlton and Perloff (2000), Ch. 13, 14) - Slides_L8
    --     Tutorial Session 8: Solution to the Midterm Exam

  • Lecture 9, 14.11.2011, 12:50–14:30/14:35–16:15, Lecture Room S2
    --     Lecture 9: Price Discrimination (Carlton and Perloff (2000), Ch. 9, 10) - Slides_L9
    --     Tutorial Session 9: Solving Problems on Monopolistic Competition and Information Asymmetry

  • Lecture 10, 21.11.2011, 12:50–14:30/14:35–16:15, Lecture Room S2
    --     Lecture 10: Strategic Behavior (Carlton and Perloff (2000), Ch. 11) - Slides_L10
    --     Tutorial Session 10: Solving Problems on Price Discrimination

  • Lecture 11, 28.11.2011, 12:50–14:30/14:35–16:15, Lecture Room S2
    --     Lecture 11: Research and Development (Carlton and Perloff (2000), Ch. 16) - Slides_L11
    --     Tutorial Session 11: Solving Problems on Predatory Pricing

  • Lecture 12, 05.12.2011, 12:50–14:30/14:35–16:15, Lecture Room S2
    --     Lecture 12: Antitrust Laws and Policy (Carlton and Perloff (2000), Ch. 19) - Slides_L12
    --     Tutorial Session 12: (preliminary) Final Exam 1

  • Lecture 13, 12.12.2011, 12:50–14:30/14:35–16:15, Lecture Room S2
    --     Lecture 13: Regulation and Deregulation (Carlton and Perloff (2000), Ch. 20) - Slides_L13
    --     Tutorial Session 13: (preliminary) Final Exam 2
Homework Assignments
Written Exam Information