An introduction to the modern theory of Industrial Organization. This course introduces the principles of game theory and applies them to the oligopoly problem. It also discusses issues such as: reasons for the existence of firms; the problem of vertical integration; and the incentives for cooperative behavior among firms.

Antirequisite(s): Economics 2165F/G, Economics 3357A/B.

Prerequisite(s): Economics 2261A/B.

Extra Information: 3 lecture hours.