units

ECC4840

Faculty of Business and Economics

Undergraduate, Postgraduate - Unit

This unit entry is for students who completed this unit in 2013 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

To find units available for enrolment in the current year, you must make sure you use the indexes and browse unit tool in the current edition of the Handbook.

LevelUndergraduate, Postgraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Economics
OfferedClayton Second semester 2013 (Day)
Coordinator(s)Dr Dyuti Banerjee

Synopsis

Theories of the firm, contract, property rights structure, market structure, hierarchy, bargaining, principal-agent relationship, research and development, advertising, and entry, exit, and pricing strategy. The equilibrium implications of the internal organisation of a firm and the organisational structure of the market in relation to strategic interactions between agents, information problems and related incentive mechanisms. Basic game theory and concepts of game equilibrium applied to the analysis of opportunistic behaviour and related transactions costs.

Outcomes

The learning goals associated with this unit are to:

  1. be familiar with the modern developments of the theory of industrial organisation
  2. enhance their knowledge of intermediate microeconomics by incorporating information and endogenous transaction costs into analysis
  3. undertake theoretical and empirical research in the field of industrial organisation.

Assessment

Within semester assessment: 30%
Examination: 70%

Chief examiner(s)

Contact hours

3 hours per week

Prerequisites

ECC2830

Prohibitions

ECC5484