Fall 2010 not offered
Topics covered in this course include the role and significance of larger corporations in the U.S. economy; the analysis of market power, corporate behavior, and market structure and their influence on corporate strategy of pricing policy, including predation and discrimination, advertising, research and development, mergers, location, product characteristics, technical change, investment, and capacity utilization as they affect market performance. Some attention will be given to the ethical problems of greed, accounting manipulation, and deceptive balance sheets and income statements. Examples will be chosen from Enron and Arthur Anderson, Tyco, Adelphia, WorldCom, Microsoft, network industries, airlines, professional sports, steel, oil, and automobiles.
||Gen Ed Area Dept:
|Course Format: Lecture / Discussion||Grading Mode: Student Option|
||Prerequisites: ECON110 OR ECON101
||Fulfills a Major Requirement for: (ECON)
Selected books in industrial economics. Articles from various journals.
|Examinations and Assignments: |
Several exams; final exam as scheduled by the Registrar; several papers and/or problem sets. Class discussion of specific readings.
|Additional Requirements and/or Comments: |
Staying current with assignments, and participating in class discussion.
Students who complete ECON 221 cannot receive credit towards the econ or MECO major for ECON 321, or vice versa depending on your needs for major credit.
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