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Industrial economy

Course Description: This course covers the fundamental concepts of industrial economics. It analyzes industries using the established industrial economics model of Structure, Conduct, and Performance (SCP). Industrial economics focuses on two main areas of analysis: the firm and the market. The firm is examined through its various behaviors in the market, according to different industry structures. This, in turn, is reflected in the firm's performance and development within its industry. The market, the other main area of analysis, is considered through its various types. Each market type requires specific firm behaviors, as well as government policies aimed at influencing market structure. All of this is done to guide the behavior of firms operating within that market.
Credit hours: 3
Prerequisites: ECON120
Objectives of the course :

Providing students with a deep understanding of the industrial market structure and the role of industry in the economy, by analyzing factors of production, costs, and productive efficiency, and understanding how the behavior of firms and markets affects prices and production under various competitive conditions.
Upon completion of this course, students are expected to be able to:
1. Introduction to Industrial Economics, the concept of industry, and its importance to the national economy.
2. Explanation of industry structure and dimensions.
3. Explanation of Manufacturing Strategies.
4. Studying the nature of industrial localization and its importance, and identifying the most important determining factors of localization.
5. Analysis of the behavior, performance, and patterns of industrial facilities in different markets, and their pricing policies.
6. Determining the optimal size of an industrial regulator.
7. Presentation of government policies related to industrial activity.
8. Identifying the reality of industry in the Kingdom of Saudi Arabia.

Course outputs :

1.1 The student will be able to identify industrial economics and its importance to the national economy.
1.2 If you know the student, the industry structure and manufacturing strategy.
2.1 Analysis of the behavior, performance, and patterns of industrial establishments in different markets, and their pricing policies.
2.2 The student's ability to analyze issues related to industrial economics.

Additional information:
  • Last updated: 2026-04-23

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