2013/2014 KAN-AEF_AE50 Inter-firm Relations: Industrial Organization
English Title | |
Inter-firm Relations: Industrial Organization |
Course information |
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Language | English |
Exam ECTS | 7.5 ECTS |
Type | Mandatory |
Level | Full Degree Master |
Duration | One Semester |
Course period | Autumn |
Time Table | Please see course schedule at e-Campus |
Study board |
Study Board for MSc in Economics and Business
Administration
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Course coordinator | |
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Main academic disciplines | |
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Last updated on 02-07-2013 |
Learning objectives | |||||||||||||||||||||||
This course analyses different
relationships between the firm, its competitors, its suppliers and
its customers. The importance of the course for students derives
from the fact that price is one of the most important decision
variables for a firm. A deep understanding of how different modes
of competition affect firm’s optimal pricing strategy is thus
indispensable knowledge to the astute analyst. In addition future
managers should understand how they influence the mode of
competition via, for example, product positioning, or investments
in capacities. Further, suppliers of primary inputs, intermediate
products, manufacturers, wholesale distributors and retailers need
to understand the nature of their vertical relations in order to
optimise their supplier-customer relationships.
Upon completion of the course:
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Examination | |||||||||||||||||||||||
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Course content and structure | |||||||||||||||||||||||
We will discuss how firms price their products in markets with
varying fierceness of competition, how they use non-pricing
strategies such as product differentiation, vertical relations,
mergers, as well as entry and exit of firms.
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Teaching methods | |||||||||||||||||||||||
Lectures mixed with exercices. | |||||||||||||||||||||||
Expected literature | |||||||||||||||||||||||
Preliminary literature.
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Last updated on
02-07-2013