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Industrial Economics
Release Date: 2017-09-221. Basic Course Information
Course code: 061192
Course Name: Industrial Economics
Course Type: Specialized course
Periods: 48
Credits: 3
Target Students: undergraduate students majoring in economics, management
Assessment: examination
Preparatory Courses: Calculus
2. Brief Course Introduction
Industrial economics is a discipline that studies the industrial organization, industrial structure and industrial policy. It is one of the most active subjects in the field of economics. Industrial organization is a field of economics that studies the strategic behavior of firms, the structure of markets and their interactions. The study of industrial organization adds to the perfectly competitive model real-world frictions such as limited information, transaction cost, cost of adjusting prices, government actions, and barriers to entry by new firms into a market. It then considers how firms are organized and how they compete. Therefore, it has become the important foundation of the national anti -monopoly and government regulation policy; and it is an important tool to make industrial decisions and understand various industry phenomenons for latecomer countries with great contribution on industry evolution and industry layout analysis. With the development of China's economy, it is more urgently to offer ideas with industrial organization, industrial structure and regulation policies.