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Colleges

Industrial economy

Course Description: This course examines the behavior of the industrial sector in terms of its economic dimensions, explaining the theoretical and practical aspects associated with it. It aims to equip students with theoretical knowledge and analytical skills that enable them to understand the subject systematically and effectively. The content focuses on the evolution of economic thought, particularly concerning the industrial sector, while addressing the challenges associated with modern industrial policies, which extend beyond industrial economics to include other branches such as managerial economics and development economics. The course also covers a range of theories related to industrial economics, including the theory of the firm, investment decisions, vertically related markets, competition policies, product differentiation, the problem of asymmetric information, technological change and market structure, in addition to reviewing the reality of the industrial sector in the Kingdom of Saudi Arabia.
Credit hours: 3
Objectives of the course :

1. Demonstrate a deep critical understanding of the subject matter.
2- Identify the strengths and weaknesses of the most prominent developments in industrial economics.
3- Analysis of Industrial Economics as a distinct field within economics, linking it to relevant economic policies.
4- Evaluation of the theoretical aspects of the.
5. Compare the economics of industry with other branches of economics.
6. Providing an analytical critique of the behavior of market and non-market economic sectors.

Course outputs :

1.0 Knowledge and Understanding
1.1 Identify basic and advanced concepts in industrial economics, including firm theory, market structures, and competition policy.
1.2 Theoretical frameworks related to firm behavior, product differentiation, and industrial market dynamics.
1.3 Application of Industrial Economics Theories to Analyze Real-World Market Structures and Industrial Policies.

 

2.0 Skills
2.1 Analyze the behavior of firms and market outcomes using economic models and analytical tools.
2.2 Prepare organized analytical reports on industrial economics issues and policies.

Additional information:

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