ECONOMICS OF FIRM STRATEGY

Code Cours
2324-IÉSEG-MBAC1S1-IBE-MBCCI01UE
Language of instruction
English
Teaching content
INTERNATIONAL BUSINESS
This course occurs in the following program(s)
Training officer(s)
D.CRAINICH
Stakeholder(s)
Thomas BAUDIN
Level
MSc in Business Analysis & Consulting
Program year
Period

Présentation

Prerequisite
Basic knowledge of microeconomics related to firm and consumer decision making, basic knowledge in mathematical analysis.
Goal
At the end of the course, the student should be able to :

- Exploit the basic tools of microeconomic analysis (concepts, models, decision making,…) in order to better understand decision making managers face (AACSB - LO5B)
- Understand and predict how the evolution of the economic environment may lead to changes in strategic decision making (AACSB- LO5A)
- Prescribe efficient solutions to problems related to economic uncertainty (AACSB-LO7B)
- Elaborate innovative solutions to issues related to markets' evolutions and innovations (AACSB-LO7C)
Presentation
1. Perfect competition equilibrium
2. Monopoly decision making
3. Decisions under uncertainty
4. Game theory and firms' strategies

Modalités

Organization
Type Amount of time Comment
Présentiel
Cours magistral 16,00
Travail personnel
Charge de travail personnel indicative 22,00
Autoformation
Lecture du manuel de référence 12,00
Overall student workload 50,00
Evaluation
Written exam consisting of open questions and numerical applications.
Control type Duration Amount Weighting
Examen (final)
Examen écrit 2,00 1 80,00
Contrôle continu
Exercices 1,00 1 20,00
TOTAL 100,00

Ressources

Bibliography
Managerial Economics – Theory, Applications, and Cases - W. Bruce Allen, Neil Doherty, Keith Weigelt and Edwin Mansfield
Internet resources