LA 5020 – INDUSTRIAL ORGANISATION

Credits: 3
Program: Minor Economics, M.Phil. & Ph.D.

Objectives: The course provides a graduate level introduction to industrial organization.

The objective of the course is to provide a broad introduction to topics related to
industrial economics that current researchers are studying. This course also gives
exposure to students to understand basic theory and empirical tools used recently.

Topics:

 Organizational form and motive of the firm

 Elements of market structure and market conduct
 Demand theory and demand estimation
 Market structure
 Market Concentration
 Entry and exit
 Diversification, Vertical Integration and Merger
 Product differentiation and advertising
 Productivity, efficiency and their measurement
 Determinants of profitability
 Investment decision
 Innovation
 Technical change and R&D

Main Reading Textbook:

1. R.R.BARTHWAL (2010), “Industrial Economics”, New Age International (P) Ltd, New
Delhi
2. Don E.Waldman & Jensen E.J (2005), “Industrial Organization: Theory and Practice”,
Pearson Education, India.
3. Roger Clarke (2003), “Industrial Economics”, Blackwell.
4. Dominick Salvatore and Ravikesh Srivastava (2008), “Managerial Economics”, Oxford
University Press.
5. Supplementary articles published in various reputed economics journals will be
referred in the class.

Evaluation Method: Mid-term examination 30%, final examination 40%, term paper
presentation 20% and class attendance 10%.