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- Code:
- 2646
- Target:
- Bachelor's students
- Organiser:
- Hanken Shool of Economics
- Instructor:
- Rune Stenbacka, Marco Lambrecht
- Period:
- Period 3
- Format:
- Lecture
- Method:
- Contact teaching
- Venue:
- Hanken
- Enrollment:
In case of conflicting information consider the Sisu/Moodle pages the primary source of information.
Aalto and UH economics students can enroll in their home university’s SISU! Further instructions can be found on the How to enroll? page, also for other students.
Before taking and completing the course make sure that the credits can be counted towards your degree at your home university by checking which courses are included in your curriculum or by contacting your home university’s student/learning services.
- A Moodle course key will be sent by email (to your Hanken email address) or it is posted as a message in Sisu couple of days before the course starts.
- Log in with your Hanken username to be able to use all the features of the course workspace.
- More tips for enrolling in Moodle can be found here.
Content
The course presents an introduction to the application of strategic arguments as a basis for decision making in business. It prepares students to conduct industry and competition analysis.
Topics considered include:
- Management in industries with strategic interaction between firms (oligopoly markets)
- Merger analysis
- Strategic delegation
- Product differentiation and strategic price discrimination
- Strategic outsourcing
- Competition with switching costs
- Dynamic competition
- The economics of network industries
- Microeconomic policies: competition policy, technology policy, trade policy and regulation
Learning outcomes
After completing the course, you will be able to:
- carry out market analysis focusing on the topics listed above.
- assess the effects of strategic competition on market performance
- decompose these effects into effects on industry profits and consumer welfare.