| AMERICAN CULTURE AND LITERATURE | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| ECO4224 | Industrial Organizations | Fall | 3 | 0 | 3 | 6 |
| This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester. |
| Language of instruction: | English |
| Type of course: | Non-Departmental Elective |
| Course Level: | Bachelor’s Degree (First Cycle) |
| Mode of Delivery: | Hybrid |
| Course Coordinator : | Assoc. Prof. EMİN KÖKSAL |
| Course Lecturer(s): |
Assoc. Prof. EMİN KÖKSAL |
| Recommended Optional Program Components: | Optional Course Materials: videos, games, etc. |
| Course Objectives: | The course is about firms in markets. It focuses on firm behavior in imperfectly competitive markets. It analyzes the acquisition and use of market power by firms, strategic interactions among firms, and the role of government competition policy. During the course we will approach this subject from both theoretical and applied perspectives. |
|
The students who have succeeded in this course; 1. Define market structure 2. Define market power 3. Analyze technology and costs 4. Analyze price discrimination under monopoly 5. Analyze product variety and quality under monopoly 6. Analyze quantity and price competition |
| Market Structure & Market Power, Price Discrimination & Monopoly, Product Variety & Quality under Monopoly Static & Dynamic Games, Anti-competitive behaviors, Mergers |
| Week | Subject | Related Preparation |
| 1) | Introduction & Basic microeconomics | |
| 2) | Market Structure & Market Power | |
| 3) | Price Discrimination & Monopoly | |
| 4) | Product Variety & Quality under Monopoly | |
| 5) | Commodity Bundling & Tie-in Sales | |
| 6) | Static Games: Quantity v. Price Competition | |
| 7) | Review | |
| 8) | Dynamic Games: First & Second Movers | |
| 9) | Entry Deterrence & Predation | |
| 10) | Price Fixing & Repeated Games | |
| 11) | Horizontal Mergers | |
| 12) | Vertical & Conglomerate Mergers | |
| 13) | Vertical Restraints | |
| 14) | Advertising, Market Power & Information |
| Course Notes / Textbooks: | Industrial Organization: Contemporary Theory and Empirical Applications by PEPALL, RICHARDS and NORMAN (Blackwell Publishing, 2008, 4th edition) |
| References: | The Economist Businessweek HBR |
| Semester Requirements | Number of Activities | Level of Contribution |
| Quizzes | 8 | % 25 |
| Midterms | 1 | % 30 |
| Final | 1 | % 45 |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 55 | |
| PERCENTAGE OF FINAL WORK | % 45 | |
| Total | % 100 | |
| Activities | Number of Activities | Duration (Hours) | Workload |
| Course Hours | 14 | 3 | 42 |
| Study Hours Out of Class | 14 | 4 | 56 |
| Quizzes | 8 | 1 | 8 |
| Midterms | 1 | 20 | 20 |
| Final | 1 | 20 | 20 |
| Total Workload | 146 | ||
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | Upon graduation, students will acquire key skills and attributes to conduct research to use research tools, to solve problems, to communicate effectively and to transfer skills to the workplace. | |
| 2) | Upon graduation, students will have developed the ability to discuss key issues in fluent English. | |
| 3) | Upon graduation, students will have developed the ability to compose written documents in English with a mature prose style. | 4 |
| 4) | Upon graduation, students will have gained broad knowledge of the American and English literary canons. | 4 |
| 5) | Upon graduation, students will have developed the ability to analyze, synthesize and criticize sophisticated works of American and English literature. | 4 |
| 6) | Upon graduation, students will have achieved in depth the understanding of contemporary American culture. | 3 |
| 7) | Upon graduation, students will have developed the ability to draw links among diverse literary texts and documents and establish critical connections and adopt an interdisciplinary attitude. | 3 |
| 8) | Upon graduation, students will be able to develop new projects individually or in teams. | 3 |
| 9) | Upon graduation, students will be able to apply their knowledge into their lives for interdisciplinary problem-solving and solutions. | 4 |