LOGISTIC MANAGEMENT | |||||
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 Spring |
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: | 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) | To correctly identify the problems and to be able to ask the correct questions | |
2) | To have the ability for problem solving and to utilize analytical approach in dealing with the problems | |
3) | To be able to identify business processes and use them to increase the productivity in logistics system. | |
4) | To be fully prepared for a graduate study | |
5) | Awareness of the new advancements in Information and Communications Technologies (ICT) and to be able to use them in logistics management effectively. internet and the electronic world | |
6) | To understand the components of logistics as well as the importance of the coordination among these components. | |
7) | To know the necessary ingredients for improving the productivity in business life | |
8) | To think innovatively and creatively in complex situations | |
9) | To act and think both regionally and internationally | 2 |
10) | To understand the demands and particular questions of globalization | |
11) | Aware of the two way interaction between globalization and logistics; as well as to use this interaction for increasing the productivity. | |
12) | To be able to use at least one foreign language both for communication and academic purposes | |
13) | To acquire leadership qualities but also to know how to be a team member | |
14) | To understand the importance of business ethics and to apply business ethics as a principal guide in both business and academic environment |