This course aims to provide knowledge of industrial organisation, one of the social science disciplines. In the sequence, students will learn how corporations, firms, and industries are organised in practical real-world business situations. With their newly acquired skills, students will be able to understand business and economics incentives. The student will also be able to generate business economic consultancies, including industry policy recommendations, such as those for tactical and evidence-based business decision-making and effective policy-making, at a graduate level.

10 x 2-hour lectures

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1. Written assignment, including essay; Individual; 1155 words; 33%; ILOs 1-2.

2. Oral assessment & presentation; Individual; 15 minutes; 34%; ILOs 1 and 3.

3. Written assignment, including essay; Individual; 1155 words; 33%; ILOs 1 and 4.

The course aims to:

■ produce high-quality leading economists and business consultants, as well as prominent practitioners, in both business and public sectors who will be involved in tactical real-world business and influential high-stake decisions with supporting economic evidence,

■ provide profound comprehension of the theoretical and empirical foundations of Industrial Organisation through the rigorous training of logical-, statistical-, and practical-thinking skills,

■ foster the skills and intellectual capacity for cutting-edge proficiency in career development across a variety of business fields that require qualified, formal investigation reports to high professional standards.

By the end of this course students will be able to:

1. explain theories concerning the organisation of industries and the behaviour of firms in real-world business contexts,

2. apply theoretical models and statistical methods to analyse real-world case studies,

3. critically interpret empirical evidence on different industries, markets, and organisations,

4. evaluate high-stakes business and public policy decisions using economic theory and empirical evidence.