Infopaket

Industrial Organization

ОК 1.3

Обов’язкова дисципліна для ОП

Second

2021/2022

1 Semester

5

PLO 1. Formulate, analyze and synthesize solutions for scientific and practical problems. PLO 2. Develop, substantiate and make effective decisions on the development of socio-economic systems and management of economic entities. PLO 4. Develop socio-economic projects and a system of all-inclusive actions for their implementation, taking into account the goals, expected socio-economic outcomes, risks, legislative, resource, and other constraints. PLO 5. Adhere to the principles of academic integrity. PLO 7. Select effective methods for managing economic activity, ground proposed solutions based on relevant data and scientific and applied research. PLO 8. Collect, process, and analyze statistical data, scientific and analytical materials needed for solving complex political and economic problems.

Full-time form

1. To know main concepts and laws of modern economics, basic economic models of the markets, general mathematical laws; regularities of a single random phenomenon and mass random phenomena. 2. To be able to think analytically, to apply mathematical knowledge and knowledge of economic laws to solve economic problems, to develop simple economic and mathematical models, to predict and to analyze economic conduct of business units under imperfect competition at the markets. 3. To have basic skills of learning, analysis, synthesis, comparison, abstraction, generalization, etc.

Course «Industrial organization» focuses on three groups of problems: theory of the firm – size, area of activity and conduct; imperfect competition – conditions of acquiring market power, forms of its exercise, factors of its maintaining and loss, price and non-price competition; societal policy towards business – feasibility of government intervention, scope of regulation, purpose, tasks and directions of regulation. The matter of industrial organization study is relationships and interrelations in individual industries and markets, their impact on structure and performance of the whole economy. Cabral L.M.B. Introduction to Industrial Organization. 2nd ed. The MIT Press, 2017. 440 p. Shum M. Econometric Models for Industrial Organization. World Scientific, 2016. 148 p. URL: http://www.its.caltech.edu/~mshum/gradio/lectnotes.pdf Waldman D.E., Jensen E.J. Industrial Organization: Theory and Practice. 5th ed. New York : Routledge, 2019. 744 p.

1. Church J., Ware R. Industrial Organization: Strategic Approach. 2. Hay D.A., Morris D.J. Industrial economics, Theory and Evidence. 2nd ed. Oxford UniversityPress, 1991. 704 p. 3. Scherrer F.M., Ross D. Industrial Market Structure and Economic Performance. 3rd ed. Houghton Mifflin Company, 1990. 713 p. 4. Viscusi W.K., Vernon J.M., Hurrington J.E. Economics of Regulation and Antitrust. 4th ed. The MIT Press, 2005. 960 p. 5. Економіка галузевих ринків: Навчально-методичний комплекс для студентів спеціальності «051 Економіки», освітніх програм «Економіка та економічна політика», «Економіка та право», «Економіка підприємства» / Упорядники А.І. Ігнатюк, В.В. Колоша, О.Я. Коваленко. Київ, 2018. 44 с. 6. Ігнатюк А. І. Економіка галузевих ринків: навч. посібник. К иїв: ВПЦ «Київський університет», 2015. 448 с.

Lecture, seminar, seminar with practical tasks, self-studying, work in project groups, analytical reports

1. Theoretical discussions, oral tests – 10 points / 6 points 2. Preparation of presentations, fulfilment of calculation tasks – 10 points / 6 points 3. Midterm test (2 writing working papers, each for 10 points maximum) – 20 points / 12 points 4. Preparation and discussion of individual work (working paper) – 20 points / 12 points. 5. Exam – 40 points / 24 points.

English