What should we call this new subject?
What are the goals of this subject?"Industrial economics" is the examination of insights into how firms organize their activities, as well as considering their motivation. A few scholars of "Industrial economics" include Symeonidis George, Church J. and R.Ware, Tirole Jean. Why study "Industrial economics"? To understand : the levels at which capacity, output, and prices are set;the extent that products are differentiated from each other; how much firms invest in research and development (R&D). Where Industrial Economists are also highly employable? How Industrial economics helps assessing the market? how Industrial economics helps to understand market conditions are a few themes of "Industrial economics".
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