Semester.ly

Johns Hopkins University | AS.180.371

Industrial Organization

3.0

credits

Average Course Rating

(3.92)

Investigation of firm behavior in markets characterized by imperfect competition. Imperfect competition lies in between monopoly and perfect competition and characterizes most major industries in modern capitalist economies. Central issues to be covered in the course include what determines the intensity of competition? What determines the extent of entry and exit? How is it that some firms consistently dominate their industries? The class uses rigorous modelling approach in analyzing these issues.

Fall 2012

(4.18)

Spring 2014

(4.24)

Spring 2015

(3.79)

Spring 2023

(3.47)

Fall 2012

Professor: Elena Krasnokutskaya

(4.18)

The best aspects of this course included the chal enging but interesting subject matter, and the easy to follow lectures, which were accompanied by real-life examples of industrial organization. The grading system was very fair and the exams were straightforward. The worst aspects of the course included the lack of class interaction and the confusion of the professors notes. The course could be improved if the professor provided better quality notes. Prospective students should have a mathematical and economical background to take this course, which offers them mathematical models of how the markets work. 101

Spring 2014

Professor: Elena Krasnokutskaya

(4.24)

The best aspects of this course were the clear and well organized notes, interesting and applicable material, and the effective instructor. The sometimes overwhelming amount of math and occasional repetitiveness of the lectures were the worst aspects of the course. Additional practice sets and more emphasis on theory were both suggested improvements. Prospective students should have a firm understanding of calculus and know that the course is chal enging by rewarding.

Spring 2015

Professor: Elena Krasnokutskaya

(3.79)

The best aspects of this course were that it was well organized and clearly presented. It looked at both the qualitative and quantitative elements of industrial organization. Some students found the pace of the class was too fast and homework was harder than material covered in class. This course could be improved by incorporating TA sections, encouraging class participation, and providing more opportunities to apply concepts to real world examples. Prospective students should have taken microeconomic theory. This course has 3 midterms and 4 problem set assignments.

Spring 2023

Professor: Elena Krasnokutskaya

(3.47)