Excerpt from Industrial Economics: An Overview
There is no such subject as industrial organization. The courses taught under this heading have for their purpose the understanding of the structure and behavior of the industries of an economy. These courses deal with the size structure of firms (one or many, concentrated or not), the causes of this size structure, the effects of concentration on competition, the effects of competition upon prices, investment, innovation, and so on. But this is precisely the content of economic theory price.
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