SØK710 Industrial Organization (Autumn 2018)
- ECTS Credits:
- 7.5
- Responsible faculty:
- Avdeling for økonomi og samfunnsvitenskap
- Campus:
- Molde
- Course Leader:
- Katerina Shaton
- Teaching language:
- English
- Study level:
- {code=HN, name=Second degree level}
- Duration:
- ½ year
Table of contents
Contents
The course provides an introduction to game theory, which is applied to the study of strategic interaction among firms operating in imperfectly competitive markets.
Topics:
- 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
- Master in Logistics
- Master in Economics and Business Administration
- Master in Sustainable Energy Logistics
- Exchange programme - Master's level
Recommended knowledge
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 passing the exam
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.
Exam
- 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
Pensum
Last updated from FS (Felles studentsystem)
Oct. 14, 2026 4:45:37 AM