Emmanuel Frot and Nathalie Daley teach a course on industrial organization to students of the Master in Finance and Strategy at SciencesPo.
The objective of the course is to provide a working knowledge of the analytical tools of industrial organization useful to understand the strategic decisions firms make. Its purpose is different from a more traditional industrial organization course as it does not make use of mathematical modelling but rather seeks to show student how economic concepts apply to real-world market situations. Although clearly applied, the course does not eschew theoretical concepts and also provides students with a basic but solid introduction to microeconomic theory.
This course surveys the economic theory of mergers: horizontal mergers, unilateral and coordinated effects. It relies on case studies to illustrate these concepts and student presentations will focus on recent mergers that raised significant competition concerns.