ECONOMICS OF FIRM STRATEGY

Code Cours
2324-IÉSEG-M1S1-IBE-MA-EI48UE
Language of instruction
English
Teaching content
INTERNATIONAL BUSINESS
This course occurs in the following program(s)
Training officer(s)
S.YAISAWARNG
Stakeholder(s)
Suthathip YAISAWARNG
Level
Master
Program year
Period

Présentation

Prerequisite
There is no prerequisite for this course except a strong interest in the subject. Prior knowledge in economics is helpful but is not necessary
Goal
At the end of the cours, the student should be able to:
• Set the boundaries of the firm and its activities
• Evaluate firm strategies for expanding the size or breadth of the firm
• Perform an industry analysis
• Assess and create a firm’s strategic position for competitive advantage
Presentation
This course explores challenging business problems facing managers and develops a set of analytical tools used to make strategic decisions based on economic principles. These tools are applied to analyze the determinants of a firm’s boundaries, the interaction between the firm’s internal organization and its external environment, the make-or-buy decision, the competitive structure of an industry, and the firm’s position within the industry. It enables managers to place their organizations with competitive advantage and to perform better than their competitors

Modalités

Organization
Type Amount of time Comment
Présentiel
Cours magistral 10,00
Cours interactif 4,00
Coaching 2,00
Travail personnel
Charge de travail personnel indicative 4,00
Autoformation
Lecture du manuel de référence 16,00
Overall student workload 36,00
Evaluation
Course grade will be based on the quality and frequency of student's class participation, quizzes, and a final exam. Quizzes consist of multiple-choice questions as well as short-answer questions. The final exam will be comprehensive
Control type Duration Amount Weighting
Contrôle continu
Participation 16,00 1 25,00
QCM 0,35 2 20,00
Examen (final)
Examen écrit 2,00 1 55,00
TOTAL 100,00

Ressources

Bibliography
Besanko, D.; Dranove, D.; Shanley, M.; and Schaefer, S. (2013) Economics of Strategy (6th edition), John Wiley & Sons, Inc. [Note: Chapters from the class book will be posted on the school intranet about one week before the first class -
Internet resources
IESEG Online
Chapters from the class book will be posted on the school intranet about one week before the first class.