The course is connected to the following study programs

Teaching language

English

Recommended prerequisites

SE-105 Introduction to Microeconomics, or equivalent.

Course contents

In most markets the supply side comprises a limited set of firms. Typically, the market will then be characterized by strategic interaction, that is, each firm knows that its choices will affect what the other firms do. This course will analyze different models for imperfect competition where firms make strategic choices connected to pricing, product differentiation, entry, investments and marketing.

Learning outcomes

Upon successful completion of this course the students shall be able to

  • give an overview of key theoretical models of markets with imperfect competition

  • demonstrate in-depth knowledge of how the market structure in different markets affect firms' strategic choices

  • apply game theoretic equilibrium concepts in the analysis of various markets with imperfect competition

  • prepare optimal strategic choice for companies in various markets with imperfect competition

  • assess regulatory and competition policy issues for different markets with imperfect competition

Examination requirements

Approved compulsory assignments. More information in Canvas at the start of the semester.

Teaching methods

Lectures and group work. Estimated workload is about 200 hours.

Evaluation

The person responsible for the course, in consultation with the student representative, decides the method of evaluation and whether the courses will have a midterm- or end of term evaluation, see also the Quality System, section 4.1. Information about evaluation method for the course will be posted on Canvas.

Admission for external candidates

No

Assessment methods and criteria

4 hour written examination with letter grades.

Reduction of Credits

This course’s contents overlap with the following courses. A reduction of credits will occur if one of these courses is taken in addition:

Course Reduction of Credits
SE-402 – Applied Microeconomics 5
SE-401 – Applied Microeconomics - Industrial Economics 5
Last updated from FS (Common Student System) June 30, 2024 1:51:37 AM