ECON 431 - Industrial Organization and Performance
Section: 101
Term: SP 2009
Subject: Economics (ECON)
Department: LSA Economics
With permission of instructor.
Enforced Prerequisites:
ECON 401 with a grade of at least C-; or Graduate standing.
May not be repeated for credit.
Rackham Information:
Rackham credit requires additional work.
Primary Instructor:

The course consists of micro-economic and game-theoretic analyses of market structure and performance of industries.

We start with the analysis of a wide variety of noncompetitive market structures (such as monopoly, various types of oligopolies competing according to Cournot, Bertrand, sequential moves, and location) in markets for homogeneous and differentiated products. The course proceeds with the analysis of entry barriers, entry deterrence and mergers. This course also addresses technology issues, such as innovation, research and development, and the effect of the patent system. The last part is devoted to a wide variety of marketing and pricing techniques, such as advertising, durability, warranties, two-part tariffs, nonuniform pricing, bundling and tying, and dealerships.

ECON 431 - Industrial Organization and Performance
Schedule Listing
101 (LEC)
MWF 8:00AM - 10:00AM
NOTE: Data maintained by department in Wolverine Access. If no textbooks are listed below, check with the department.

Problem set and solutions: download from
ISBN: 0262691795
Industrial organization : Theory and applications, Author: Oz Shy (Faculty of Economics,, Publisher: The MIT Press 1. print. 1996
Syllabi are available to current LSA students. IMPORTANT: These syllabi are provided to give students a general idea about the courses, as offered by LSA departments and programs in prior academic terms. The syllabi do not necessarily reflect the assignments, sequence of course materials, and/or course expectations that the faculty and departments/programs have for these same courses in the current and/or future terms.

Click the button below to view historical syllabi for ECON 431 (UM login required)

View Historical Syllabi
The CourseProfile (ART) system, supported by the U-M Provost’s 3rd Century Initiative through a grant to the Office of Academic Innovation, provides additional information about: course enrollments; academic terms and instructors; student academic profiles (school/college, majors), and previous, concurrent, and subsequent course enrollments.

CourseProfile (ART)