Economics of Industry (ECN 231)

Claire Hammond Carswell 121

Fall 1997 email: Hammonc

 This course explores topics in industrial organization and public policy through a combination of lecture, discussion, and case studies.

 Texts: Carlton and Perloff, Modern Industrial Organization, 1994

Adams and Brock, The Structure of American Industry, 1995 

 I. Firm Organization and Mergers 

Carlton and Perloff (C&P), ch. 2 and pp. 818-825

Adams and Brock (A&B), Agriculture

 II. Review of Costs, Competition, Monopoly

C&P, chs. 3, 4, and 5

A&B, Beer

 III. Oligopoly Models and Public Policy

C&P, chs. 6 and 7 and pp. 793-818

A&B, Petroleum, Autos

 IV. Structure-Conduct-Performance Topics

Theoretical Links:

C&P, ch. 9

A&B, Steel

Strategies and Public Policy:

C&P, ch. 10 and pp. 825-832

A&B, Airlines, Computers, Intercollegiate Sports

Vertical Relationships and Public Policy:

C&P, ch. 13 and pp. 832-840

A&B, Motion Pictures

Information and Advertising:

C&P, chs. 14 & 15

A&B, Casino Gaming

C&P, ch. 17

A&B, Pharmaceuticals

Product Durability:

C&P, ch. 16