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 2019)

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.

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.

Coursework requirements - conditions for taking the exam

  • Mandatory coursework: Assignment(s)
  • Courseworks given:
  • Courseworks required:
  • Presence: Not required
  • Comment: Hjemmeeksamen (40%) skal bestås før skoleeksamen (60%)


  • 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: Group
  • 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) Oct. 18, 2021 4:30:41 AM