ECO 350K • Industrial Organization and Regulation
9:30 AM-11:00 AM
Do you plan to go to law school and practice business law someday? Are you interested in public policy and its role in business and the economy? ECO 350K Industrial Organization & Regulation covers the behavior of imperfectly competitive markets and the issues of public policy that arise in such competitive markets. The first part of the course will cover oligopoly, a term that refers to markets that are competitive, but not perfectly so. The second part of the course will cover economic policy in three areas: international trade, antitrust, and regulation. Some questions to be addressed are the following: Can tariffs or quotas create monopoly power? When should the government oppose a merger? Was Texas right to deregulate its wholesale and retail electricity markets?