units

ECC5484

Faculty of Business and Economics

Postgraduate - Unit

This unit entry is for students who completed this unit in 2014 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

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

LevelPostgraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Economics
OfferedClayton Second semester 2014 (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 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)

Workload requirements

3 hours per week

Prohibitions

ECC4840, ECX5484