14.20 | Spring 2003 | Undergraduate

Industrial Organization and Public Policy

Course Description

This is a course in industrial organization, the study of firms in markets. Industrial organization focuses on firm behavior in imperfectly competitive markets, which appear to be far more common than the perfectly competitive markets that were the focus of your basic microeconomics course. This field analyzes the …
This is a course in industrial organization, the study of firms in markets. Industrial organization focuses on firm behavior in imperfectly competitive markets, which appear to be far more common than the perfectly competitive markets that were the focus of your basic microeconomics course. This field analyzes the acquisition and use of market power by firms, strategic interactions among firms, and the role of government competition policy. We will approach this subject from both theoretical and applied perspectives.
Learning Resource Types
Exams with Solutions
Problem Sets with Solutions
Photo of two skyscrapers against a blue sky.
Skyscrapers in Chicago. (Image courtesy of MIT OpenCourseWare.)