ECON157
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Imperfect Competition
Course Description
The interaction between firms and consumers in markets that fall outside the benchmark competitive model. How firms acquire and exploit market power. Game theory and information economics to analyze how firms interact strategically. Topics include monopoly, price discrimination, advertising, oligopoly pricing, product differentiation, collusion and cartel behavior, and anti-competitive behavior. Sources include theoretical models, real-world examples, and empirical papers. Prerequisite: ECON 51 or PUBLPOL 301A or INTLPOL 204A, and ECON 102A. ECON 102B is recommended.
Grading Basis
ROP - Letter or Credit/No Credit
Min
5
Max
5
Course Repeatable for Degree Credit?
No
Course Component
Discussion
Enrollment Optional?
Yes
Course Component
Lecture
Enrollment Optional?
No
This course has been approved for the following WAYS
Social Inquiry (SI)
Does this course satisfy the University Language Requirement?
No
Courses
ECON157
is a
prerequisite
for:
Programs
ECON157
is a
completion requirement
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