Objectives of Programme's Learning Outcomes

• Mobilise expertise in at least one area of management.
• Master the principal decision-making processes of a company.
• Mobilise acquired skills in a specific professional environment.
• Contribute to the development of innovative tools and solutions.
• Act in an international and multicultural context.
• Communicate and interact in a clear and structured manner, orally and in writing in at least one other language other than French, on issues, analyses and projects.
• Be independent and regularly adapt to new contexts.
• Monitor knowledge and methodological approaches in order to evolve their thinking and practice.
• Understand interactions between companies and their socio-economic environments.
• Mobilise the methods and management support tools in changing contexts.

Learning Outcomes of UE

The course aims at providing students with a deeper understanding of competition, product differentiation, organisational structures in industrial markets. Both theoretical modelling as well as intuitive interpretations in concrete situations are thought.

Content of UE

Oligopolistic competition (Cournot, Stackelberg, Bertrand), price-fixing models, choice between outsourcing vs vertical integration, barriers to investments (in energy efficiency), different market failures and their remedies, competition and anti-trust policy. A case study of differentiation and innovation.

Prior Experience

General concepts of micro-economics: game theory, asymmetric information, market efficiency are required. Basic mathematical insights such as linear, quadratic and logarithmic functions, their derivatives and systems of equations.

Type of Assessment for UE in Q1

• Written examination

Q1 UE Assessment Comments

Not applicable

Type of Assessment for UE in Q3

• Written examination

Q3 UE Assessment Comments

Not applicable

Type of Resit Assessment for UE in Q1 (BAB1)

• Written examination

Q1 UE Resit Assessment Comments (BAB1)

Not applicable