Study programme 2018-2019Français
Industrial Economics
Programme component of Master's Degree in Management à la Warocqué School of Business and Economics
CodeTypeHead of UE Department’s
contact details
UW-M1-SCGEST-023-MOptional UEVENMANS FrankW707 - Analyse microéconomique
  • VENMANS Frank

of instruction
of assessment
HT(*) HTPE(*) HTPS(*) HR(*) HD(*) CreditsWeighting Term
  • Anglais
Anglais30000044.001st term

AA CodeTeaching Activity (AA) HT(*) HTPE(*) HTPS(*) HR(*) HD(*) Term Weighting
W-ANMI-005Industrial Economics300000Q1100.00%
Programme component

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

Monopolies and anti-trust policy, monopsone competition, price differentiation models, strategic interaction and problems of double monopolistic margins in the context of outsourcing, innovation policies, network economics (Airbnb, Uber), different market failures and their remedies.

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

Type of Teaching Activity/Activities

AAType of Teaching Activity/Activities
  • Cours magistraux
  • Conférences

Mode of delivery

AAMode of delivery
  • Face to face

Required Reading


Required Learning Resources/Tools

AARequired Learning Resources/Tools
W-ANMI-005Pindyck R., Rubinfeld D., (2017) Microeconomics, Pearson.

Recommended Reading


Recommended Learning Resources/Tools

AARecommended Learning Resources/Tools
W-ANMI-005CORE ECON, The Economy 1.0, online learning platform

Other Recommended Reading

AAOther Recommended Reading
W-ANMI-005Not applicable

Grade Deferrals of AAs from one year to the next

AAGrade Deferrals of AAs from one year to the next
(*) HT : Hours of theory - HTPE : Hours of in-class exercices - HTPS : hours of practical work - HD : HMiscellaneous time - HR : Hours of remedial classes. - Per. (Period), Y=Year, Q1=1st term et Q2=2nd term
Date de génération : 02/05/2019
20, place du Parc, B7000 Mons - Belgique
Tél: +32 (0)65 373111