ECONOMICS FOR MANAGERS

Code Cours
2324-IÉSEG-M1S1-IBE-IBEMA-EI85UE
Langue d'enseignement
English
Matières
INTERNATIONAL BUSINESS
Ce cours apparaît dans les formation(s) suivante(s)
Responsable(s)
A.BHUKUTH
Niveau
Master
Année de formation
Période

Présentation

Prérequis
The course Economics for managers presents different market structures and analyses the strategies developed by firms to maximize profit and to avoid competitors from entering the markets. The course studies different market structures which constitute market failures such as monopoly, oligopoly, mopolisitics competitive market and other market structures. This course will help the students understand how the economy is structured and how the firms compete in these markets.
Objectifs
Be able to think like an economist
Identify market structures
Be able to maximize profit of firms in different market structures
Develop strategies for firms
Calculate various measures o market power
Formulate various pricing strategies that allows firms with market power to maximize profit
Présentation
Chapter 0 Introduction to the causes market failures
Chapter 1 Monopoly Market: Profit Maximization in a Monopoly Market, The Economic Effects of Monopoly
Chapter 2 Oligopoly Market: Duopoly of Cornot, Bertrand and Stackelberg
Chapter 3 Monopolistic Competitive Market: Theory of Chambarlain, Theory of Robinson, Profit Maximization in a MCM
Chapter 4 Contestable Market: Theory of Baumol Panzar and Willig
Chapter 5 Theory of Transaction Cost: Theory of Coase and Williamson

Modalités

Organisation
Type Amount of time Comment
Présentiel
Cours interactif 16,00
Autoformation
E-Learning 4,00
Recherche 8,00
Travail personnel
Group Project 12,00
Charge de travail personnel indicative 10,00
Overall student workload 50,00
Évaluation
Control type Duration Amount Weighting
Contrôle continu
Participation 16,00 0 20,00
Autres
Projet Collectif 0,00 0 80,00
TOTAL 100,00

Ressources

Bibliographie
The Principle of Economics. 2nd Edition - Mankiw, N.G.
Microeconomics. Addiwerson-Wesley, Pearson, 6th Ed - Perlof, J.M. 2012
Intermediate Microeconomics. A Modern Approach. W.W. Norton & Company, 8th Edition - Varian, H.R. 2010