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Salamanca

Individualized Studies With Spaniards - Year 3 2008/09
Industrial Economics

Language Level: Superior
Industrial Economics
Language of Instruction: Spanish
Course taken with: Primarily Local Students
University of Salamanca (Salamanca, Spain)

Course Description

Area of Study

Business and Economics

Prerequisites and Language Level

Superior
Prior to enrolling in courses at this language level, students must have completed or tested out of a minimum of 2 upper-division college-level Spanish courses at their home university in the U.S.

Overview

This course is divided along the following topics: approaches to industrial economics, the concept of competition, historical approaches to industrial processes, causes of market concentration, technological determination: economy of scales and amplitude: concept of minimal efficiency scale, theory of oligopoly, application of game theory, characteristics of concentrated markets, business in the concentrated market context, change of supply structure: vertical integration, diversification and fusion, social cost of market concentration.