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ECON 472. Industrial Organization and Public Policy

Credits: 3
Department: Economics
Description: Market structure, firm behavior, and market performance. Public policy toward business via government regulation and antitrust policy.
Prerequisites: ECON 205, ECON 206
Semester Offered: Spring
Grading Method: ABCDF

Student Learning Outcomes

1. Apply the structure-conduct-performance paradigm to predict the efficiency of different markets, and explain how markets can evolve within this paradigm.
2. Recommend appropriate pricing strategies to maximize profit in different market structures.
3. Identify situations when firms use strategic behavior to reduce competition.
4. Compare traditional and contemporary industrial organization research in terms of both approach and findings.
5. Evaluate government laws and regulations used to promote competition among firms.

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