Resource Economics 452 - Industrial Organization

Market structure models with application to various industries. Firm behavioral strategies under different market structures. The role of product differentiation, advertising, market power, mergers, barriers to entry, price and non-price rivalry. Market performance including prices, costs, profits, labor issues, and progressiveness. BS-ResEc majors can satisfy their Integrative Experience requirement by taking this course plus Res-Econ 394LI and 453.

Pre Req: RES-ECON 202orECON203 30 seats reserved for Res-Econ juniors and seniors