課程介紹
14.20是一門產業組織的課程,研究的是市場中的公司。產業組織的研究重點是不完全競爭市場中的公司行為。這種市場似乎比基礎個體經濟學課程的研究重點──完全競爭市場更加普遍。該領域分析公司取得和運用市場勢力、公司間的策略互動和政府競爭政策的角色。我們會從理論和應用角度兩方面來探討本科目。學生應已完成14.01課程程度至少單一個學期的基礎個體經濟學,才選修14.20課程。
本課程偏重的必修課本是Jeffrey Church和Roger Ware的《產業組織︰一種戰略觀點》(Irwin McGraw-Hill出版社,2000年第1版)。課本在相關閱讀清單以「C&W」表示。零星的附加閱讀材料(一般是短篇新聞文章)也許在講課討論前分發。我們鼓勵學生閱讀《華爾街日報》、《金融時報》與《紐約時報》的商業部分,或者《經濟學人》雜誌中涵蓋本課程相關主題的文章。
學生有責任閱讀全部指定材料。特別重要的是,上課前學生要確實閱讀應用閱讀材料和準備討論問題。上述材料是課堂討論的根本,學生要參與討論,這部份會被評分。
T本課程要求除了出席和參與課堂討論外,還包括練習題集,一組根據「競爭策略賽局」的小組作業,期中考試和期末考試。請閱讀以下要求和期望聲明;若對任何事務有疑問,請加以提出。
注意︰本課程要求學員在學期內每星期或更頻繁的時間內持續努力。本課程不宜打「放任自由,考前填鴨」的主意。假若你要這樣才適合你的作息時間,本課程不適合你。
評分
要求學生在學期開始時填寫和遞交學生資料表 (PDF)。
指定作業,以及它們在14.20課程最終評分成績所占的比重份量︰
| 5% |
參與課堂討論(整個學期累計)
需要出席聽講和預先完成閱讀材料﹗講課前通常會分發要討論的問題。學生可能隨時要發表自己的觀點。
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| 15% |
小組項目︰競爭策略賽局
每周遞交策略
第36講時遞交最後報告。 |
| 20% |
本學季分發4個練習題集
學生可以一起討論習題,求出答案,但無論如何:
所有的練習題集必須是單獨作答。
所有相同的習題作業將評為「0」分。 |
| 20% |
期中考試(閉卷)︰涵蓋的材料包括1至17講。
預計於第18講時課堂舉行。 |
| 40% |
期末考試(閉卷)︰綜合
安排在最後一星期內。 |
課程期望
這一班的成功全靠你們﹗你選修了14.20課程,表示你同意出席全部講課,積極參與討論,並完成全部規定作業。
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作業頂端的簽名記錄每一位參與該作業的學生。假若你的名字是唯一的(例如考試和練習題集),你就確認了這是你獨力完成的。
我們允許和鼓勵學生互相討論習題,或是尋求助教、教授的幫助,但是,你必須用你自己的文字寫出你自己的答案。假如你是跟其他學生(們)一起討論的話,應當以習題「研究小組」成員名義寫上他(們)的名字。
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抄襲別人的作業或是允許別人抄襲你的作業,雙方的作業將評分為「0」。
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考試時給人幫助或取得幫助,包括但不僅是限於抄書,或者在考試結束後更改考試答案,該次考試評分為「0」,並交給紀律委員會裁決。
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遲交作業決不受理。
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要求重評作業分數,必須在你收到已評分作業3天內以書面形式交給Rose教授。如果不是計分累加出錯,重新評分是考慮整份作業。這樣一來,評分可能或高或低。
Introduction
14.20 is a course in industrial organization, the study of firms in markets. Industrial organization focuses on firm behavior in imperfectly competitive markets, which appear to be far more common than the perfectly competitive markets that were the focus of your basic microeconomics course. This field analyzes the acquisition and use of market power by firms, strategic interactions among firms, and the role of government competition policy. We will approach this subject from both theoretical and applied perspectives. Students must have completed at least an introductory semester of microeconomics at the level of 14.01 before enrolling in 14.20.
The course will rely heavily on the required textbook by Jeffrey Church and Roger Ware, Industrial Organization: A Strategic Approach (Irwin McGraw-Hill, 2000, 1st edition). The text is denoted on the reading list as "C&W." Occasional additional readings (typically short news articles) may be handed out in the lecture preceding their discussion. Students are encouraged to scan the Wall Street Journal, Financial Times, business section of the New York Times, or The Economist magazine for articles relevant to the topics covered in the course.
You are responsible for ALL assigned readings. It is particularly important that you do the application readings and prepare any discussion questions BEFORE CLASS. These form the basis of class discussion, in which you are expected to participate and which will be graded.
The requirements for the course, in addition to attendance and participation in class discussion, include problem sets, a set of group assignments based on the Competitive Strategy Game, and a midterm and final examination. Please read the requirements and expectations statements that follow, and ask if you're confused about anything.
NOTE: This course requires consistent and sustained work over the term, on a weekly or more frequent basis. It is not well-suited to a "let it ride, cram before the exam" strategy. If that's what you need to make your schedule work, this isn't the course for you.
Grading
Students are asked to submit their answers to the Student Information Form (PDF) at the start of the term.
Required assignments and their weight for determining your final 14.20 grade:
| 5% |
Participation in Class Discussion (cumulated over term)
This requires your attendance at lectures and completing readings in advance! There will often be discussion questions handed out prior to a lecture. Students may be asked to present their responses on a spot basis.
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| 15% |
Group Project: Competitive Strategy Game
Weekly Strategy Submissions
Final write-up due on Lec #36. |
| 20% |
4 Problem Sets handed out during the term.
You may discuss problem sets and work out solutions together, however:
PROBLEM SETS MUST BE WRITTEN UP INDIVIDUALLY.
ALL identical write-ups on problem sets will be given "0" credit. |
| 20% |
Midterm Exam (closed book): Covers Material Through Lec #17
Due on Lec #18 in class. |
| 40% |
Final Exam (closed book): Comprehensive
Scheduled During Finals Week |
Expectations
The success of this class depends on you! Your enrollment in 14.20 signifies your agreement to attend all lectures, participate actively in the discussions, and complete all required assignments.
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The name(s) on the top of an assignment records everyone who has contributed to that assignment. If yours is the only name (e.g. on exams or problem sets), you affirm that the work is yours alone.
Discussing problem sets with other students, or seeking help from the TA or professor, is permitted and encouraged, but you must write up the solution yourself in your own words. If you do discuss problem sets with other student(s), you should record their name(s) as part of your "Study Group" for that problem set.
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Copying from another student's assignment or permitting another student to copy from your assignment will result in a "0" for that assignment for all involved students.
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Giving or obtaining help during an exam, including but not limited to copying, or changing exam answers at any time after the time has been called on an exam, will result in a "0" for the exam and referral to the Committee on Discipline.
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Late assignments will NOT be accepted.
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Requests to re-grade an assignment must be made in writing to Professor Rose within 3 days of receiving your graded work. For requests other than numerical errors in adding up points the entire assignment will be regarded. This may result in a higher or lower grade.