Industrial organisation and business strategies
7.5 ECTS creditsThe course deals with corporate action on markets characterised by imperfect competition, the design of business strategies and the internal organisation of markets and industries.
The course is based on the so called transactional cost theory, which explains the horizontal and vertical size of a company. Strategic scenarios and choice of competitive means and strategies for investments in, for instance, excess capacity, marketing, diversification and entry deterring pricing.
The appropriateness of the traditional assumption of profit maximisation as a basis for analysing company action is questioned and alternatives presented.
The course also deals with models of analysis for individual sectors, such as Michael Porter's competitive strategy model. The usefulness of the model is discussed and students apply it to a real case.
The course is based on the so called transactional cost theory, which explains the horizontal and vertical size of a company. Strategic scenarios and choice of competitive means and strategies for investments in, for instance, excess capacity, marketing, diversification and entry deterring pricing.
The appropriateness of the traditional assumption of profit maximisation as a basis for analysing company action is questioned and alternatives presented.
The course also deals with models of analysis for individual sectors, such as Michael Porter's competitive strategy model. The usefulness of the model is discussed and students apply it to a real case.
Progressive specialisation:
G1F (has less than 60 credits in first‐cycle course/s as entry requirements)
Education level:
Undergraduate level
Admission requirements:
Economics 30 ECTS credits. English course B.
Selection:
Selection is usually based on your grade point average from upper secondary school or the number of credit points from previous university studies, or both.
This course is included in the following programme
- Programme in Business and Economics (studied during year 4)
- Political Science (studied during year 3)