ISCTE-IUL > Education > LE

Sectorial Economics (1 º Sem 2017/2018)

Code:	L5014
Acronym:	L5014
Level:	1st Cycle
Basic:	No
Teaching Language(s):	Portuguese
Friendly languages:

Be English-friendly or any other language-friendly means that UC is taught in a language but can either of the following conditions:
1. There are support materials in English / other language;
2. There are exercises, tests and exams in English / other language;
3. There is a possibility to present written or oral work in English / other language.

Semester	ECTS Credits	Theoretical Lesson (T)	Theoretical and Pratical Lesson (TP)	Practical and laboratorial lesson (PL)	Seminary (S)	Field Work (TC)	Training Period (E)	Tutorial Orientation (OT)	Contact Hours	Autonomous Work	Others (O)	Total Load Hours [?]Contact Hours + Autonomous Work
1	6.0	36.0 h/sem	0.0 h/sem	18.0 h/sem	0.0 h/sem	0.0 h/sem	0.0 h/sem	1.0 h/sem	55.0 h/sem	95.0 h/sem	0.0 h/sem	150.0 h/sem


Since year	2017/2018
Pre-requisites	At least one previous course in Microeconomics is highly recommended.
Objectives	To study different market structures, firms´ strategies and market regulation.
Program	1. The Firm and Costs 2. Perfect Competition 3. Monopolistic Competition 4. Monopoly 5. Oligopoly 6. Cartels and Collusion 7. Mergers and Acquisitions 8. Limit Pricing and Predatory Pricing 9. Vertical Integration and Vertical Restrictions 10. Price Strategies 11. Product Differentiation and Market Segmentation 12. Advertising and Product Quality 13. Technology, Innovation and Development
Evaluation Method	There are two evaluation methodologies: a) Continuous assessment: - Minimum of 80% attendance - Group work (report + presentation): 50% - Written exam: 50%, whose mark cannot be bellow 8v. in order to get a positive grade. b) Final exam: (100%)
Teaching Method	Each student should acquire analytical, information gathering, written and oral communication skills, according to the established learning goals. The following learning methodologies (LM) will be used: 1. Expositional, for presentation of the theoretical reference frames 2. Participative, with analysis and exercises resolution 3. Active, with the realization of individual and group works 4. Self-study, related with autonomous work by the student.
Observations	-
Basic Bibliographic	Carlton, D. and J. Perloff (2005). Modern Industrial Organization, 4ªed., Pearson/Addison Wesley. Church and Ware (20012). Industrial Organization: A Strategic Approach. Disponível grátis em: http://works.bepress.com/cgi/viewcontent.cgi?article=1022&context=jeffrey_church Pedro Leão (2011), Economia dos Mercados e da Empresa, Escolar Editora.
Complementar Bibliographic	Tremblay, V. and Carol Tremblay (2012), New Perspectives on Industrial Organization with contributions from Behaviour Economics and Game Theory, Springer. Pepall, L.; D. Richards and George Norman (2008), Industrial Organization: Contemporary Theory and Empirical Applications, 4th ed., Wiley-Blackwell Publishing. Jacobson, D. e B. Andréosso-Callaghan (2005), Industrial Economics and Organization - A European Perspective, 2ª ed., McGraw-Hill. Shepherd, W.G. (2003), The Economics of Industrial Organization, 4ª ed., Prentice Hall. Tirole, J. (2003), The Theory of Industrial Organization, The MIT Press.