Course 2014-2015 a.y.
20483 - INDUSTRY AND FIRM DYNAMICS
EMIT
Department of Management and Technology
Course taught in English
Go to class group/s: 31
Course Objectives
By drawing upon the theoretical tools of industrial organization, game theory and theory of the firm, this course introduces the basic concepts for analyzing the business strategies available to managers. The course is divided into three parts. The first part is devoted to the monopolist’s choice of the price, quantity, quality and advertising in different contexts. The second part considers the strategic interaction among firms that operate in imperfectly competitive markets. The third part provides tools and models related to the theory of the firm and to the theory of incentives.
Course Content Summary
- Basic tools: microeconomics and game theory.
- Monopolistic markets: price and quantity; quality; advertising.
- Durable goods.
- Price discrimination.
- Basic oligopoly models.
- Dynamic competition and collusion.
- Theory of the firm.
- Property rights economics.
- The management of innovation.
- The provision of the incentives within the firm.
Detailed Description of Assessment Methods
Written exam (2 partial exams or one final exam).
Textbooks
To be defined.
Prerequisites
The course is self-contained but a basic knowledge of microeconomics represents a pre-requisite.
Last change 30/04/2014 14:41