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IND408-G Market and Network Economy

Master's Programme in Industrial and Information Management

Spring

Norwegian

After completing the course, the student is expected to: have a general insight in the behaviour of firms and in the structure of economic models have an overview over the most important models of different types of markets have a special insight in markets with vertical structure and network effects be able to apply models of markets in the analysis of specific markets have an overview over strategies to preserve and develop the firm´s competitive advantage in different types of markets

An introduction to the theories of perfect competition, monopoly, duopoly and game theory. Horizontal and vertical limits for the organisation of the firm are discussed. Within duopoly markets strategic commitments, dynamic price competition and games of entry are discussed. In particular will competition within vertical structures and network industries be analysed. The competitive advantages of firms are discussed in relation to innovation and R&D.

Lectures and exercises.

Satisfactory submission of compulsory exercises.

Individual at-home examination. Graded assessment.

Master's level

First year of master's programme.

Study Coordinator Arne Isaksen

Available on request

Face-to-face

The syllabus will be published on the home page of the course when finalised. See link in the upper right hand corner of the page.

IND4200- G - 5 ECTS credits
IND402- G - 5 ECTS credits

Yes

Faculty of Economics and Social Sciences

ECTS Course Catalogue University of Agder 2009-10
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Norwegian Version