Master's Programme in Business Administration (5 years)
Language of instruction
English
Recommended prerequisites
SE-105 Introduction to Microeconomics, or equivalent.
Learning outcomes
Upon successful completion of this course the students shall be able to
give an overview of key theoretical models of markets with imperfect competition
demonstrate in-depth knowledge of how the market structure in different markets affect firms' strategic choices
apply game theoretic equilibrium concepts in the analysis of various markets with imperfect competition
prepare optimal strategic choice for companies in various markets with imperfect competition
assess regulatory and competition policy issues for different markets with imperfect competition
Course contents
In most markets the supply side comprises a limited set of firms. Typically, the market will then be characterized by strategic interaction, that is, each firm knows that its choices will affect what the other firms do. This course will analyze different models for imperfect competition where firms make strategic choices connected to pricing, product differentiation, entry, investments and marketing.
Teaching methods
Lectures and group work. Estimated workload is about 200 hours.
Examination requirements
Approved compulsory assignments. More information in Canvas at the start of the semester.
Assessment methods and criteria
4 hour written examination with letter grades.
Evaluation
The person responsible for the course, in consultation with the student representative, decides the method of evaluation and whether the courses will have a midterm- or end of term evaluation, see also the Quality System, section 4.1. Information about evaluation method for the course will be posted on Canvas.