Other links:
Other links:
Ashoka University’s undergraduate course curriculum is taught across three semesters: Spring, Summer and Monsoon (Fall). Courses are broadly divided into three categories – Foundation Courses (core curriculum), Major & Minor Courses and Co-Curricular Courses.
You may search courses offered at Ashoka here. Please use the drop down menu to choose the specific semester and subject to see the full list of courses under each department. Foundation courses are offered in all semesters and do not have prerequisites. Offerings in other categories differ in each semester. Some higher level major/minor courses may have prerequisites.
To view Summer Semester Courses-2024: Click here
Overview:
Overview
The Industrial Organization course at the bachelor's level provides students with a comprehensive understanding of how firms and industries function in a competitive market. Through theoretical frameworks, students explore market structure, pricing strategies, entry and exit barriers, and the role of government policies in shaping industry dynamics. Students develop critical thinking skills to analyze market behavior and make informed decisions by examining real-world case studies and conducting practical exercises, some of which will involve solving problems using Python to model market behaviors and analyze strategic decisions. This course equips students with the knowledge and tools necessary to navigate the complexities of the modern business environment and contribute to strategic decision-making within organizations.
Course organization and syllabus:
Every week will consist of two lectures: a theory lecture and an assignment lecture. For the assignment sessions, you are expected to solve all the exercises before the class. During the lecture, only select problems will be solved. Any queries regarding the remaining questions will be entertained.
1. INTRODUCTION
1.1 The Monopoly Problem
- The Monopoly Model (Cabral: 5.1; Tirole)
- Multi-product Monopoly (Tirole: 1.1.2)
- Price Discrimination (Tirole: 3.1 - 3.3)
- Bundling and Tying
2. OLIGOPOLY MODELS
2.1 Characteristics of Strategic Behavior (Tirole: Introduction to Part II)
2.2 Quantity Competition – The Cournot Model (Cabral: 3.2; Tirole: 5.4)
2.3 The Stackelberg Model (Cabral: 3.5; Shy: 6.2; Church and Ware: 13.2)
2.4 Entry (Tirole: 8.1 (except 8.1.3) - 8.2.2.1; Church and Ware: 13.3)
2.5 Price Competition – The Bertrand Model (Cabral: 3.3; Tirole: 5.1 - 5.2)
2.6 Price Competition with Capacity Constraint (Cabral: 3.4; Tirole: 5.3)
2.7 Tacit Collusion: Repeated Games (Tirole: 6.3)
3. MODELS WITH PRODUCT DIFFERENTIATION
3.1 Product Differentiation: Definitions (Cabral: 8.4)
3.2 Horizontal Differentiation without Location
- The Cournot Model
- The Bertrand Model
3.3 Horizontal Differentiation with Location
- Linear City Model – The Hotelling Model (Tirole: 7.1.1)
- Circular City Model – The Salop Model (Tirole: 7.1.2)
3.4 Vertical Differentiation
4. PLATFORM ECONOMICS
4.1 Introduction to Platform Economics (Peitz and Belleflamme: Chapter 1)
4.2 Network Effects
- Direct and Indirect Network Effects (Peitz and Belleflamme: Chapter 2)
4.3 Pricing Strategies for Platforms
- Multi-sided Platforms (Peitz and Belleflamme: Chapter 3)
- Price Structure and Allocation (Peitz and Belleflamme: Chapter 4)
4.4 Competition and Market Structure
- Platform Competition (Peitz and Belleflamme: Chapter 5)
- Entry and Growth of Platforms (Peitz and Belleflamme: Chapter 6)
4.5 Regulation and Policy
- Regulation of Digital Platforms (Peitz and Belleflamme: Chapter 7)
- Antitrust Issues (Peitz and Belleflamme: Chapter 8)
