Industrial Economics: Nature and scope of industrial economics, Theory of the firm, production, and cost structures, Market structures: competition, monopoly, monopolistic competition, and oligopoly, Strategic behaviour and pricing in oligopolistic markets, Product differentiation, innovation, and entry barriers, Regulation, competition policy, and antitrust issues. Labour Economics: Labour supply, labour demand, and employment determination, Wage determination and human capital theory, Labour market institutions: trade unions, collective bargaining, and minimum wages, Unemployment, labour market dynamics, and flexibility, Discrimination, inequality, and labour market outcomes, Labour market policies and emerging issues in the world of work.

University of Jos B.Sc. Economics · 200 Level, First Semester · 2 units. Course pack developed with IntelliScan Standards Institute; for review and sign-off by the Course Lead.