ECON4820 - Strategic Competition
Schedule, syllabus and examination date
The course provides an overview of theories of oligopolistic markets and teaches the students how to analyse and apply the major (game theoretic) models of strategic interaction in imperfectly competitive markets.
You should know
- short-run competition, including price competition and quantity competition
- dynamic competition, including tacit collusion
- product differentiation
- entry deterrence and entry accommodation
- static competition under asymmetric information
- entry deterrence under asymmetric information
- incentives for research and development under imperfect competition
- mergers, including merger policy
- the relationship between producers and retailers under imperfect competition
- some basic game theory needed to address the above-mentioned topics
You should be able to
- obtain analytical skills related to the modeling of imperfect competition
- represent topical issues related to imperfect competition, including competition-policy cases, in terms of simple models of imperfect competition
- solve these simple models and deduce their implications
- be able to read and understand project reports and journal articles that make use of the concepts and methods that are introduced in the course
- be able to make use of the course content in your own academic work, for example in analyses that are part of the master’s thesis
Students who are admitted to study programmes at UiO must each semester register which courses and exams they wish to sign up for in Studentweb.
If you are not already enrolled as a student at UiO, please see our information about admission requirements and procedures.
Apply for guest student status if you are admitted to another Master's programme, or have completed a master in Economics at UiO or another Norwegian University.
Recommended previous knowledge
- 10 credits overlap with ECON535 Imperfekt konkurranse og strategisk interaksjon
- 10 credits overlap with SØK535 Imperfekt konkurranse og strategisk interaksjon, 3. avd. samfunnsøkonomi
- 10 credits overlap with SOØ535 Imperfekt konkurranse og strategisk interaksjon, 3. avd. sosialøkonomi
Lectures: 2 hours per week throughout the semester.
Seminars: 2 hours per week through parts of the semester.
The lectures and seminars will combine discussion of literature and exercises.
A 3-hour written school exam.
Examination support material
Students may use dictionaries at this exam. Dictionaries must be handed in before the examination. Please read regulations for dictionaries permitted at the examination.
Language of examination
The examination text is given in English.You may submit your response in Norwegian, Swedish, Danish or English.
Grades are awarded on a scale from A to F, where A is the best grade and F is a fail. Read more about the grading system.
Explanations and appeals
It is recommended to request an explanation of your grade before you decide to appeal.
The deadline to request an explanation is one week after the grade is published. For oral and practical examinations, the deadline is immediately after you have received your grade.
The explanation should normally be given within two weeks after you have asked for it. The examiner decides whether the explanation is to be given in writing or verbally.
Resit an examination
If you are sick or have another valid reason for not attending the regular exam, we offer a postponed exam later in the same semester.
See also our information about resitting an exam.
Withdrawal from an examination
If you wish to withdraw from the exam you must do so in Studentweb at least two weeks prior to the deadline. Failure to do so will be counted as one of the three opportunities to sit the exam.
Special examination arrangements
Application form, deadline and requirements for special examination arrangements.