Industrial Organisation

Module code: ECN6650

This module covers contemporary topics in Industrial Organisation (IO) with a particular emphasis on the role of economic analysis in strategic decision making by senior managers.

This is a core module for:

Learning objectives

After completing the course you will:
  • be able to use and appraise the use by others of a range of economic techniques to enable managers to make better strategic decisions
  • understand the importance of taking into account rivals’ reactions to a manager’s decisions when he or she is planning strategies
  • appreciate the implications of differences in objectives and information between members within an organisation and between different organisations for decision making.


Topics covered include:

  • Strategic Positioning
  • Innovation
  • Vertical Boundaries
  • Game theory
  • Agency
  • Incentives

Teaching methods

10 two-hour lectures and two two-hour workshops during the semester.


A three hour unseen exam worth 100%

Basic reading

We advise you not to buy books before the module begins, as the reading list may change. If you wish to read in advance, look for these texts in the University library

The following textbooks can be used as background reading:

Besanko, D. Dranove, D., Shanley, M. & Schaeffer, S. (2013) Economics of Strategy 6th Edition, John Wiley & Sons Ltd

Prerequisites Knowledge of advanced economics at an undergraduate level.

Module leader Dr Ian Gregory-Smith

Please note that the leader may change before the module begins

Semester Spring

Credits 15