Courses
ECON3007 Industrial Organization and Business Decision (3 units)
- Prerequisite:
- CHSE1005 Essentials of Economics or ECON1005 Principles of Economics I or ECON1007 Basic Economic Principles
- Medium of Instruction:
- English
Our objective is to give students a working knowledge to analyse the economic decisions that firms normally have to make in the real world. The discussion will focus on how firms set their prices, maintain its market dominance and interact with other firms. Furthermore, we will explore how governments should formulate their policies for strengthening the market competition.