Program Description

Industrial Economics concentrates on the development of analytic principles in the subject, considering available statistical and descriptive evidence as appropriate.

In economics, industrial organization or Industrial economy is a field that builds on the theory of the firm by examining the structure of (and, therefore, the boundaries between) firms and markets. Industrial organization adds real-world complications to the perfectly competitive model, complications such as transaction costs, limited information, and barriers to entry of new firms that may be associated with imperfect competition. It analyzes determinants of firm and market organization and behavior as between competition and monopoly, including from government actions.

There are different approaches to the subject. One approach is descriptive in providing an overview of industrial organization, such as measures of competition and the size-concentration of firms in an industry. A second approach uses microeconomic models to explain internal firm organization and market strategy, which includes internal research and development along with issues of internal reorganization and renewal.A third aspect is oriented to public policy as to economic regulation, antitrust law, and, more generally, the economic governance of law in defining property rights, enforcing contracts, and providing organizational infrastructure.

The subject has a theoretical side and a practical side. According to one textbook: On one plane the field is abstract, a set of analytical concepts about competition and monopoly. On a second plane the topic is about real markets, teeming with the excitement and drama of struggles among real firms

The extensive use of game theory in industrial economics has led to the export of this tool to other branches of microeconomics, such as behavioral economics and corporate finance. Industrial organization has also had significant practical impacts on antitrust law and competition policy.

Program Highlights

Industrial organization investigates the outcomes of these market structures in environments with

• Price discrimination

• Product differentiation

• Durable goods

• Experience goods

• Secondary markets, which can affect the behavior of firms in primary markets.

• Collusion

• Signaling, such as warranties and advertising.

• Mergers and acquisitions

• Entry and Exit

Entry Requirements

1. Non-Chinese citizens in good health, with valid passport;
2.Above the age of 18 and below 40, and should abide by Chinese law and the regulations of Sichuan University. They should also respect Chinese social customs and codes of conduct;
3.With degree equivalent to a bachelor in China or just finished a bachelor from a Chinese university, good grades.

Required Documents

1. Application Form

2. Health certificate

3. Current Resume

Written in Chinese or in English

4. MBA Study plan

Including study purpose, research interest and research plan in brief.

5. Two Letters of Recommendation

Two from professor or associate professor or equivalents, one from company leaders or cooperators

6. Bachelor's degree diploma

Graduation certificate in languages other than Chinese or English should be translated into Chinese or English and be certified by notarization.

7. Undergraduate school transcript

8. Passport photo

A recent passport-sized photo of the applicant

9. Photocopy of valid passport

With name, passport number & expiration date, and photo included

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Processing time varies for different applications. For example to process a degree program application requires more time than a Chinese language application. Confirmation for Chinese language application by the admission office usually takes 2 to 4 weeks. However, time for degree programs application differs. For example fall semester application processing is after March, and it takes a period of 1 to 2 months. This also depends on your qualification and the number of applicants.