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Topics covered in this course include the role and significance of larger corporations in the U.S. economy; the analysis of market structure and its influence on corporate strategy--of pricing policy, advertising, research and development, mergers, location, product characteristics, technical change, investment, and capacity utilization as they affect market performance; market failure and the uses of power. Readings will emphasize specific industries which illustrate the structural and strategic characteristics of the market economy; e.g., oil, steel, automobiles, airlines, computers, pharmaceuticals.
Unless preregistered students attend the first class meeting or communicate directly with the instructor prior to the first class, they will be dropped from the class list. NOTE: Students must still submit a completed Drop/Add form to the Registrar's Office.
COURSE FORMAT: Lecture/Discussion
Level: UGRD Credit: 1 Gen Ed Area Dept: SBS ECON Grading Mode: Student Option
Prerequisites: (ECON111 AND ECON112) OR ECON105
Last Updated on MAR-24-2000
Copyright Wesleyan University, Middletown, Connecticut, 06459