Ec 425 Economics of Industrial Organization
Application of microeconomic theory to analysis of firms, markets, and industries. Economic explanations for structure of markets and behavior of firms that trade in them. Internal organization of firms and assessment of efficiency of markets in determining organization. Also offered for graduate credit as Ec 525 and may be taken only once for credit.
Prerequisite
Ec 201;
Ec 311 or Ec 415, or consent of instructor.