ECON 3013 Industry Economics and Markets
Credit Points 10
Legacy Code 200531
Coordinator Satya Paul Opens in new window
Description The first part of this subject develops an understanding of the relationships between industry structure, the conduct of firms, and market performance. Alternative theories of the firm and strategic market behaviour are considered. The subject then examines the characteristics and operation of particular markets, including public goods and utilities, human resources, and natural and environmental resources. The analysis developed in the subject is used to provide insights into applied policy areas such as competition policy, regulation of public enterprises, microeconomic reform and industry policy.
Student Contribution Band HECS Band 4 10cp
Check your HECS Band contribution amount via the Fees page.
Level Undergraduate Level 3 subject
Pre-requisite(s) ECON 1009 OR
ECON 1007 OR
Equivalent Subjects LGYA 4313 - Industry Economics and Policy
This subject requires an elementary knowledge of microeconomic principles.
- Apply theoretical microeconomic concepts to the analysis of industry structure, conduct and performance
- Develop further understanding and modelling of strategic behaviour within firms
- Analyse the role of public sector enterprises
- Analyse the operation of markets dealing with human and natural resources
- Interpret and analyse competition policy (such as Trade Practices Legislation)
- To undertake case study analysis of particular markets or sectors
- To critically evaluate policy debate in the areas of industry policy and the reform of public sector enterprises.
- industry structure-conduct performance- theory and empirical evidence
- pricing and Supply of public goods and public Utilities, including related privatisation and regulation Issues
- Competition policy in Australia
- industry policy
- The operation of ?elabour markets?f
- natural resources and environmental Issues