This course discusses the behavior of industry in terms of its economic dimensions and explains theoretical as well its applied dimensions. The objective of the course is to equip students with both theoretical and analytical skills which help them in understanding the subject effectively. The focus of this course is on the discussion of theoretical development of economics especially with reference to its industrial sector. However, challenges related to new industrial policies which are not only unique to Industrial Economics but also related to other branches of economics like managerial and development economics. This module covers a variety of theories which relate to industrial economics, i.e. Theory of firm, investment decision, vertically related markets and competition policy, product market differentiation and imperfect information, technical change and market structure, and the current state of Industrial sector in Saudi Arabia.

After completing this course, the student will be able to:

1. Demonstrate a critical understanding of the subject
2. Recognize the strength and weaknesses of the major development in the industrial economics
3. Analyze Industrial Economics as a unique filed of economics and related economic policies.
4. Evaluate theoretical aspects of the subject and its relation with the its practical state.
5. Compare theIndustrial Economics and other branches of Economics.
6. Criticize the behavior Market and Non-market economic sector

1. Introduction: Definition, Nature and Need
2. Theory of Firm
3. Investment decisions
4. Vertical Related Markets and Competition Policy
5. Product Market Differentiation and Imperfect information
6. Technical Change and Market Structure.
7. Special Topics:
   1. • Review of the Industrial policy in Saudi Arabia
   2. • Writing correspondence and discoursesReports
   3. • Ethical issues related to the Industrial sector

• Stephen Martin (2001) Advanced Industrial Economics, 2^nd Edition, Oxford, United Kingdom: Wiley-Blackwell.
• R. R. Barthwal (2016) Industrial Economics: An Introductory Text Book, New Delhi, India, New Age International (Revised 3^rd Edition).

Paul . R. Ferguson, and Glenys, J. Ferguson (1994) Industrial Economics – Issues and Perspectives, London, UK: Macmillan.