In this course, the behavior of buyers or sellers with a dominant market position will be analyzed. The course will cover monopolies, monopsonies, and oligopolies. There will be a particular emphasis on corporate strategies such as price discrimination and bundling. Game theory will then be presented and applied to auctions. Last, corporate decisions under risk and uncertainty will be examined.
Language of instruction
02/01/19 to 02/08/19
Notes to the course
Subject(s) Master Programs
|Monday||03/18/19||09:00 AM - 12:00 PM||D5.1.004|
|Monday||03/25/19||09:00 AM - 12:00 PM||D5.1.004|
|Monday||04/01/19||09:00 AM - 12:00 PM||D5.1.004|
|Monday||04/08/19||09:00 AM - 12:00 PM||D5.1.004|
|Monday||05/06/19||09:00 AM - 12:00 PM||D5.1.004|
|Monday||05/13/19||09:00 AM - 12:00 PM||D5.0.002|
|Monday||05/27/19||09:00 AM - 12:00 PM||D5.1.004|
|Monday||06/03/19||09:00 AM - 12:00 PM||D5.1.004|
|Monday||06/17/19||09:00 AM - 11:00 AM||TC.1.01 OeNB|
On this page:
- Understand corporate behaviors under market power, risk, and uncertainty.
- Master key tools used in the business world.
- Apply economic theory to real world situations.
A minimum of 75% attendance is required.
- The lecturer will explain key economic theory and the understanding will be consolidated by selected readings from a leading managerial economics textbook and other sources.
- Key tools used in the business world will be practiced by means of in-class exercises.
- Translation of economic theory to real world business situations will be discussed during in-class case studies.
Assessments (relative weights in the final grade)
- Participation (15%)
- Mid-term quizz 1 (15%)
- Mid-term quizz 2 (15%)
- Mid-term quizz 3 (15%)
- Final exam (40%)
Grades (point ranges)
- 1: Excellent (90-100 points)
- 2: Good (80-89 points)
- 3: Satisfactory (65-79 points)
- 4: Sufficient (50-64 points)
- 5: Fail (0-49 points)
Please email lecturer for office hours.
Last edited: 2018-11-29