Facts about the course

ECTS Credits:
Responsible department:
Faculty of Business Administration and Social Sciences
Course Leader:
Katerina Shaton
Lecture Semester:
Teaching language:
½ year

SØK710 Industrial Organization (Autumn 2018)

About the course

The course provides an introduction to game theory, which is applied to the study of strategic interaction among firms operating in imperfectly competitive markets.


  • Basic non-cooperative game theory
  • Tactical decisions concerning what and how much to supply, what price to charge, including tacit collusion
  • Strategic decisions in order to avoid or limit competition
  • Advertising and R&D


The course is connected to the following study programs

Recommended requirements

Basic microeconomics.

Reduction of Credits

This course’s contents overlap with the following courses. A reduction of credits will occur if one of these courses is taken in addition:

Course Reduction of Credits
LOG745 – Industrial Organization and Competition Policy 7.5

The student's learning outcomes after completing the course

The successful candidate will have:

  • understanding of strategic interaction in the real markets like petroleum, energy, and maritime transportation.
  • knowledge how to apply game theory to structure and analyse complex market interactions.
  • analytical tools to work through case studies of the real Norwegian industrial companies using the market models from the course.

Forms of teaching and learning

3 hours of lectures per week.


  • Form of assessment: Written school assessment
  • Proportion: 60%
  • Duration: 4 Hours
  • Grouping: Individual
  • Grading scale: Letter (A - F)
  • Support material: Calculator with empty memory + general dictionary in mother tongue/Norwegian/English in paper version
  • Form of assessment: Home assessment
  • Proportion: 40%
  • Duration: -
  • Grouping: Individual
  • Grading scale: Letter (A - F)
  • Support material: All printed and written supporting material + calculator that may contain data


Click here for reading list

Last updated from FS (Common Student System) Nov. 27, 2022 4:31:05 AM