BAHÇEŞEHİR UNIVERSITY BİLGİ PAKETİ / DERS KATALOĞU
| INTERNATIONAL TRADE AND BUSINESS | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
Course Introduction and Application Information
| 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. |
Basic information
| 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. |
Learning Outcomes
|
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 |
Course Content
| Market Structure & Market Power, Price Discrimination & Monopoly, Product Variety & Quality under Monopoly Static & Dynamic Games, Anti-competitive behaviors, Mergers |
Weekly Detailed Course Contents
| 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 |
Sources
| 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 |
Evaluation System
| 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 | |
ECTS / Workload Table
| 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 | ||
Contribution of Learning Outcomes to Programme Outcomes
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | Has theoretical and practical knowledge on management, business, trade, economy, entrepreneurship, innovation, sustainable development related to International Trade and Business and can use this information | |
| 2) | Can collect data from different sources in the global business world and successfully apply research techniques, use information and communication technologies. | |
| 3) | Can analyze opportunities and threats with strategic thinking skills by using different resources and channels in the ever-changing global business world. | |
| 4) | Can communicate orally and in writing with a good knowledge of English grammar. | |
| 5) | He / she can transfer the knowledge and skills he / she has acquired in the field to the relevant people in written and oral form and evaluate them critically. | |
| 6) | Adopts the principles of business ethics with the awareness of professional responsibility and can apply these principles within the framework of legal rules in the field of global trade and business. | |
| 7) | He / she can collaborate in and out of the field, take responsibility, respect cultural differences and have ethical values. | |
| 8) | Has sufficient awareness of social rights, justice, cultural values, environmental awareness, occupational health and safety. | |
| 9) | With the lifelong learning skill acquired, she/he can identify learning needs and improve herself/himself |