Glen R. Waddell - Theory of Industrial Organization (EC 460/560)

This course is designed to provide you with a good foundation for the study of firm behavior. Industrial organization deals with the way markets are configured, how many firms exist, how they relate to each other, and how this interaction effects production, pricing, investment, advertising, and other decisions in the face of technology constraints, the nature of consumer demand, and interactions with other firms.

By the end of the semester you should have an ability to formulate economic hypotheses and to critically evaluate evidence that relates to those hypotheses. Through this, we aim to develop a richer understanding of firm behavior.