ECON 375 Industrial Organization

A theoretical and empirical study of how firms compete, cooperate, and innovate across different market structures, including perfect competition, monopoly, and oligopoly. Topics include market concentration measures used by regulatory agencies, strategic pricing, entry deterrence, bundling, tie-in sales, and vertical restraints such as resale price maintenance, franchise fees, and territorial restrictions. The course emphasizes the application of microeconomic models to real-world industries, with attention to antitrust policy, innovation, and R&D. Students will engage in applied learning through case analysis, mock antitrust trials, economic analysis of business news reports, and discussion of contemporary regulatory and competitive issues.

OWU Units: 1.00. Crosslisting(s): None. Prerequisite(s): C- or better in ECON 252 and a statistics course (MATH 105, MATH 230, MATH 235, or PSYC 210).

Corequisite(s): None. Antirequisite(s): None. Fee: None. Core Competency: None. Offered: TBD.