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ECON 061. Industrial OrganizationIndustrial organization studies how competition between firms affects prices, profits, and consumer welfare. This course moves beyond basic models of perfect competition and monopoly, and analyzes markets where businesses make strategic choices and anticipate responses from competitors. We will explore how businesses set prices, choose product attributes, and make entry decisions. Other topics include antitrust policy, collusion, advertising, and network competition. Prerequisite: ECON 001 Social sciences. 1 credit. Spring 2025. Remer. Catalog chapter: Economics Department website: http://www.swarthmore.edu/economics
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