{"id":2646,"date":"2023-05-25T16:55:14","date_gmt":"2023-05-25T13:55:14","guid":{"rendered":"https:\/\/www.es.ihu.gr\/?post_type=course&#038;p=2646"},"modified":"2025-09-03T12:34:32","modified_gmt":"2025-09-03T09:34:32","slug":"803","status":"publish","type":"course","link":"https:\/\/www.es.ihu.gr\/en\/courses\/803\/","title":{"rendered":"Industrial Organization and Policy"},"author":6,"template":"","meta":[],"semester":[41],"course_type":[14],"acf":{"code":"803","semester":41,"level":"1","teaching_activities":{"activity_1":{"description":"Lectures and Practice work","weekly_hrs":3,"ects":6},"activity_2":{"description":"","weekly_hrs":"","ects":""},"activity_3":{"description":"","weekly_hrs":"","ects":""},"activity_4":{"description":"","weekly_hrs":"","ects":""},"activity_5":{"description":"","weekly_hrs":"","ects":""}},"type":14,"language":"Greek","erasmus":"\u038c\u03c7\u03b9","url":"","prerequisites":"","instructors":[3416],"coordinator":"","content":"<ol>\r\n \t<li>Basic concepts in industrial organization and policy. General principles of organization of industrial units.<\/li>\r\n \t<li>Definition of markets and classification of industrial units. Organization and management of industrial units. Modern approaches. Management models.<\/li>\r\n \t<li>Production function - production costs and production decisions. Technological progress and production cost. Forms of purchases. Monopolies - oligopolies - free competition. Price setting in oligopoly conditions.<\/li>\r\n \t<li>Concentration and market power. Price formation in conditions of oligopoly - monopoly - uncertainty. Examples of oligopoly according to Cournot, Stackelberg, Bethrand.<\/li>\r\n \t<li>Gaining a dominant position in the market - globalization of industrial markets. Gaining competitive advantage in the market. Competitiveness models.<\/li>\r\n \t<li>Game theory &amp; collusion and business competitiveness strategies.<\/li>\r\n \t<li>Strategic synergies \u2013 mergers \u2013 acquisitions and formation of economies of scale and competitive advantage.<\/li>\r\n \t<li>Industry 4.0: Structure - elements and characteristics in conditions of globalization of markets. Start-ups - business clusters.<\/li>\r\n \t<li>Innovations and innovation models, especially in the field of industry.<\/li>\r\n \t<li>Patents - patent policy and market dominance.<\/li>\r\n \t<li>Cross-sector and intra-sector cooperation networks of industrial units.<\/li>\r\n \t<li>European industrial policy and national industrial policy. Development law and subsidies in the secondary sector.<\/li>\r\n \t<li>Summary, Recap.<\/li>\r\n<\/ol>","goals":"The development of the secondary sector (industry) is an important growth driver of the overall economy.\r\n\r\nTherefore, the student should:\r\n<ul>\r\n \t<li>Understand the relationships between the development of the overall economy and the development of the industry.<\/li>\r\n \t<li>Understand the concepts of business strategy, both in terms of dealing with issues related to the external environment of the business, and in terms of its internal organization.<\/li>\r\n \t<li>Understand the importance they play in the effective operation, the proper organization and motivation of the human capital in the company.<\/li>\r\n \t<li>Understand modern market structures characterized by the presence of monopoly - oligopoly power, the formulation of linear and non-linear pricing strategy by companies, the measurement of monopoly power and concentration in an industry, vertical and horizontal mergers - acquisitions, as well as their effects on market structure and the degree of monopoly power.<\/li>\r\n<\/ul>","skills":"<ul>\r\n \t<li>Independent work.<\/li>\r\n \t<li>Team work.<\/li>\r\n \t<li>Project planning and management.<\/li>\r\n \t<li>Search for, analysis and synthesis of data and information, with the use of the necessary technology.<\/li>\r\n<\/ul>","teaching_methods":"<ul>\r\n \t<li>In the classroom, face to face.<\/li>\r\n<\/ul>","ict_usage":"<ul>\r\n \t<li>Basic software (windows, word, power point, the web, etc.).<\/li>\r\n \t<li>Support of learning process through the electronic platform \/ e-class.<\/li>\r\n<\/ul>","teaching_organization":{"activity_1":{"description":"Lectures","workload":26},"activity_2":{"description":"Practice Works","workload":13},"activity_3":{"description":"Assignement (Essay writing)","workload":20},"activity_4":{"description":"Independent Study","workload":91},"activity_5":{"description":"","workload":""},"activity_6":{"description":"","workload":""}},"students_evaluation":"Written final exams (60%) that may include:\r\n<ul>\r\n \t<li>Judgemental questions.<\/li>\r\n \t<li>Short answer questions.<\/li>\r\n \t<li>Application exercises.<\/li>\r\n \t<li>True\/false and multiple choice questions.<\/li>\r\n \t<li>Composite theoratical questions.<\/li>\r\n<\/ul>\r\nIn each question, corresponding evaluation points are specified.\r\nOptional assignment (Essay writing and presentation) corresponds to 40% of the final grade.","bib_textbooks":"<ol>\r\n \t<li>\u039a\u03b1\u03c4\u03c3\u03bf\u03c5\u03bb\u03ac\u03ba\u03bf\u03c2, \u0399. (2015). <em>\u0398\u03b5\u03c9\u03c1\u03af\u03b1 \u0392\u03b9\u03bf\u03bc\u03b7\u03c7\u03b1\u03bd\u03b9\u03ba\u03ae\u03c2 \u039f\u03c1\u03b3\u03ac\u03bd\u03c9\u03c3\u03b7\u03c2<\/em>, \u0395\u03ba\u03b4\u03cc\u03c3\u03b5\u03b9\u03c2 \u0394\u03b1\u03c1\u03b4\u03b1\u03bd\u03bf\u03c2, \u0391\u03b8\u03ae\u03bd\u03b1.<\/li>\r\n \t<li>\u03a6\u03ce\u03c4\u03b7\u03c2, \u03a0. (2013). <em>\u0392\u03b9\u03bf\u03bc\u03b7\u03c7\u03b1\u03bd\u03b9\u03ba\u03ae \u039f\u03c1\u03b3\u03ac\u03bd\u03c9\u03c3\u03b7 \u03ba\u03b1\u03b9 \u03a0\u03bf\u03bb\u03b9\u03c4\u03b9\u03ba\u03ae \u0391\u03bd\u03c4\u03b1\u03b3\u03c9\u03bd\u03b9\u03c3\u03bc\u03bf\u03cd<\/em>, \u0395\u03ba\u03b4\u03cc\u03c3\u03b5\u03b9\u03c2 \u03a0\u03c1\u03bf\u03c0\u03bf\u03bc\u03c0\u03cc\u03c2, \u0391\u03b8\u03ae\u03bd\u03b1.<\/li>\r\n \t<li>\u0396\u03b1\u03c1\u03c9\u03c4\u03b9\u03ac\u03b4\u03b7\u03c2, \u0393., \u039c\u03ac\u03c1\u03b4\u03b1\u03c2, \u0394. (2017). <em>\u0392\u03b9\u03bf\u03bc\u03b7\u03c7\u03b1\u03bd\u03b9\u03ba\u03ae \u0391\u03bd\u03ac\u03c0\u03c4\u03c5\u03be\u03b7 &amp; \u0392\u03b9\u03bf\u03bc\u03b7\u03c7\u03b1\u03bd\u03b9\u03ba\u03ae \u03c0\u03bf\u03bb\u03b9\u03c4\u03b9\u03ba\u03ae \u03c3\u03c4\u03b7 \u0394\u03b9\u03b5\u03b8\u03bd\u03ae \u03a0\u03c1\u03b1\u03b3\u03bc\u03b1\u03c4\u03b9\u03ba\u03cc\u03c4\u03b7\u03c4\u03b1<\/em>, \u0395\u03ba\u03b4\u03cc\u03c3\u03b5\u03b9\u03c2 \u0396\u03c5\u03b3\u03cc\u03c2, \u0398\u03b5\u03c3\u03c3\u03b1\u03bb\u03bf\u03bd\u03af\u03ba\u03b7.<\/li>\r\n \t<li>\u03a6\u03b1\u03c6\u03b1\u03bb\u03b9\u03bf\u03c5, \u0395., \u03a0\u03bf\u03bb\u03ad\u03bc\u03b7\u03c2, \u039c.(2016). <em>\u03a3\u03cd\u03b3\u03c7\u03c1\u03bf\u03bd\u03b1 \u0398\u03ad\u03bc\u03b1\u03c4\u03b1 \u0392\u03b9\u03bf\u03bc\u03b7\u03c7\u03b1\u03bd\u03b9\u03ba\u03ae\u03c2 \u03a0\u03bf\u03bb\u03b9\u03c4\u03b9\u03ba\u03ae\u03c2<\/em>, \u0395\u03ba\u03b4\u03cc\u03c3\u03b5\u03b9\u03c2 \u039c\u03c0\u03ad\u03bd\u03bf\u03c5, \u0391\u03b8\u03ae\u03bd\u03b1.<\/li>\r\n \t<li>Cabral, L. (2018). <em>\u0392\u03b9\u03bf\u03bc\u03b7\u03c7\u03b1\u03bd\u03b9\u03ba\u03ae \u039f\u03c1\u03b3\u03ac\u03bd\u03c9\u03c3\u03b7<\/em>, \u0395\u03ba\u03b4\u03cc\u03c3\u03b5\u03b9\u03c2 \u039a\u03c1\u03b9\u03c4\u03b9\u03ba\u03ae, \u0391\u03b8\u03ae\u03bd\u03b1.<\/li>\r\n \t<li>Belleflamme, P., Peitz, M. (2016). <em>\u0392\u03b9\u03bf\u03bc\u03b7\u03c7\u03b1\u03bd\u03b9\u03ba\u03ae \u039f\u03c1\u03b3\u03ac\u03bd\u03c9\u03c3\u03b7: \u0391\u03b3\u03bf\u03c1\u03ad\u03c2 \u03ba\u03b1\u03b9 \u03a3\u03c4\u03c1\u03b1\u03c4\u03b7\u03b3\u03b9\u03ba\u03ad\u03c2<\/em>, \u0395\u03ba\u03b4\u03cc\u03c3\u03b5\u03b9\u03c2 \u03a3\u03bf\u03c6\u03af\u03b1, \u0398\u03b5\u03c3\u03c3\u03b1\u03bb\u03bf\u03bd\u03af\u03ba\u03b7.<\/li>\r\n<\/ol>","bib_journals":"<ol>\r\n \t<li>The Journal of Industrial Economics.<\/li>\r\n \t<li>Journal of Industrial and Business Economics.<\/li>\r\n<\/ol>"},"_links":{"self":[{"href":"https:\/\/www.es.ihu.gr\/en\/wp-json\/wp\/v2\/course\/2646"}],"collection":[{"href":"https:\/\/www.es.ihu.gr\/en\/wp-json\/wp\/v2\/course"}],"about":[{"href":"https:\/\/www.es.ihu.gr\/en\/wp-json\/wp\/v2\/types\/course"}],"author":[{"embeddable":true,"href":"https:\/\/www.es.ihu.gr\/en\/wp-json\/wp\/v2\/users\/6"}],"version-history":[{"count":21,"href":"https:\/\/www.es.ihu.gr\/en\/wp-json\/wp\/v2\/course\/2646\/revisions"}],"predecessor-version":[{"id":6752,"href":"https:\/\/www.es.ihu.gr\/en\/wp-json\/wp\/v2\/course\/2646\/revisions\/6752"}],"acf:post":[{"embeddable":true,"href":"https:\/\/www.es.ihu.gr\/en\/wp-json\/wp\/v2\/staff\/3416"}],"acf:term":[{"embeddable":true,"taxonomy":"course_type","href":"https:\/\/www.es.ihu.gr\/en\/wp-json\/wp\/v2\/course_type\/14"},{"embeddable":true,"taxonomy":"semester","href":"https:\/\/www.es.ihu.gr\/en\/wp-json\/wp\/v2\/semester\/41"}],"wp:attachment":[{"href":"https:\/\/www.es.ihu.gr\/en\/wp-json\/wp\/v2\/media?parent=2646"}],"wp:term":[{"taxonomy":"semester","embeddable":true,"href":"https:\/\/www.es.ihu.gr\/en\/wp-json\/wp\/v2\/semester?post=2646"},{"taxonomy":"course_type","embeddable":true,"href":"https:\/\/www.es.ihu.gr\/en\/wp-json\/wp\/v2\/course_type?post=2646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}