2646 Economics of Strategy, 6 cr
The course presents an introduction to the application of strategic arguments as a basis for decision making in business. It prepares students to conduct industry and competition analysis.
Topics considered include:
- Management in industries with strategic interaction between firms (oligopoly markets)
- Merger analysis
- Strategic delegation
- Product differentiation and strategic price discrimination
- Strategic outsourcing
- Competition with switching costs
- Dynamic competition
- The economics of network industries
- Microeconomic policies: competition policy, technology policy, trade policy and regulation
You can apply strategic arguments to support decision making in business and as a basis for industry analysis.
- carry out market analysis focusing on the topics listed above.
- assess the effects of strategic competition on market performance
- decompose these effects into effects on industry profits and consumer welfare.
A course in microeconomic analysis, for example 2669 Mikroekonomisk analys, is recommended.
160 hours divided into
Scheduled (contact) hours: 32 h
Non-scheduled work:128 h
Lectures, individual assignments
- Cabral, L. (2017). Introduction to industrial organization. Second Edition. Cambridge, MA: MIT Press.
Written examination, individual assignments
Open university quota: 3
Quota for JOO-students: 3