AØKA08082U Advanced Industrial Organization
This course advances on some topics from the undergraduate course on Industrial Organization (IO). The course covers mainly theoretical IO (and only to a lesser extent empirical IO). Topics include Price Discrimination, Vertical Relationships and Contracting Externalities, Dynamic Competition, Auctions, Regulation of Monopolies, Market Power, Mergers, Collusion and Two-sided Markets.
After completing the course the student is expected to be able to:
Account for the theories at a level as found in research papers published in the major journals.
Discuss the real-world relevance of the theories.
Model economic problems in markets with few firms, using the appropriate (often game theoretic) methods,
Solve formal models using tools from mathematical optimization theory and game theory.
Analyze questions related to industrial organization drawing upon one or more theories
- Analyze problems within industrial organization using the acquired tools.
Implement models that are variations of the models and theories covered in the course and to provide economic intuition for the results obtained.
Jean Tirole: “The Theory of Industrial Organization” MIT press, 1988, plus a number of journal articles.
The book by Tirole is a classic text on IO theory. Although it never really goes out of date and is still a standard reference for every serious IO specialist, the book is now almost 30 years old. To bring the students to the research frontier, more recent research papers will cover various topics in theoretical IO.
3 hours lectures once a week from week 36 to 50 (except week 42).
The overall schema for the Master can be seen at KUnet:
MSc in Economics => "Courses and teaching" => "Planning and overview" => "Your timetable"
KA i Økonomi => "Kurser og undervisning" => "Planlægning og overblik" => "Dit skema"
Timetable and venue:
To see the time and location of lectures and exercise classes please press the link/links under "Se skema" (See schedule) at the right side of this page. E means Autumn. The lectures is shown in each link.
You can find the similar information partly in English at
-Select Department: “2200-Økonomisk Institut” (and wait for respond)
-Select Module:: “2200-E19; [Name of course]””
-Select Report Type: “List – Weekdays”
-Select Period: “Efterår/Autumn – Weeks 31-5”
Press: “ View Timetable”
For foreign students not enrolled: Admission requirements, registration etc: Study Economics.
For gæste- og enkelfagsstuderende: Tilmelding via Uddannelse i Økonomi.
- 7,5 ECTS
- Type of assessment
- Written examination, 3 hours under invigilationThe exam assignment is given in English and must be answered in English.
- Exam registration requirements
There are no requirements during the course that the student has to fulfill to be able to sit the exam.
- Without aids
- Marking scale
- 7-point grading scale
- Censorship form
- No external censorship
for the written exam. The exam may be chosen for external censorship by random check.
- Exam period
The exam takes place in the exam venues of the university:
19 December 2019
The exact time and room will be available in the Digital Exam from the middle of the semester.
In special cases, the exam date can be changed to another day and time within the exam period.
The written reexam take place in the exam venues of the university:
10 February 2020
NOTE: If only a few students have registered for the written re-exam, the reexam might change to an oral exam including the date, time and place for the exam, which will be informed by the Examination Office.
Information about the reexam will be available in the Digital Exam early February.
Criteria for exam assesment
Students are assessed on the extent to which they master the learning outcome for the course.
To receive the top grade, the student must with no or only a few minor weaknesses be able to demonstrate an excellent performance displaying a high level of command of all aspects of the relevant material and can make use of the knowledge, skills and competencies listed in the learning outcomes.