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Semester: Not Offered
Faculty: F. M. Scherer
Provides a systematic economic and historical framework for evaluating industrial policies such as agricultural crop price supports, international dumping and subsidy rules, energy policy, technology policy, competition policy (antitrust),public regulation, and corporate bailouts. It proceeds through a series of 10 industry case studies, in order: agriculture, crude petroleum, petroleum refining, steel, integrated circuits, computers, the Internet, automobiles, pharmaceuticals (domestic and international), and beer. Grading will be on the basis of two short "policy papers" and a final examination. A longer industry study can be substituted for the final exam.
Also offered by the Economics Department as Ec 2620, but not offered in 2013-14.