Economics of Markets and Organizations
6012B0214Y | |||||
6 (168 hours) | |||||
English | |||||
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College of Economics and Business | |||||
dr. T. Buser | |||||
| Aanmelden | |||||
Leerdoelen
Upon completion of this course students:
- understand how the business environment (technology, competition in input and output markets, competition policy, and so forth) drives a firms' choice of strategy;
- understand how strategy and the business environment affect a firms' choice of organisational design;
- know the basic principles governing European competition law.
Inhoud
This course focuses on topics that we believe are most relevant to managers. More in particular, we will discuss the strategic functioning of (mostly commercial) organisations, and the relations between the internal organisation and management. The following topics will be covered in this course:
- characteristics of a market (market concentration, market power, type of competition, entry barriers);
- strategic decisions by firms with respect to quantity, price, collusion, vertical integration, and advertising;
- evaluation of market performance, performance of the firm, and individual worker performance;
- organisational design (incentive conflicts and contracts, performance compensation, and make / buy / cooperate decisions);
- European competition law (merger control, cartels, abuse of a dominant position).
Aanmelden
Please go to https://www.sis.uva.nl
Werkvorm
Three hours lecture and three hours working group.
Onderwijstijden
Please go to http://rooster.uva.nl
Studiemateriaal
Onderstal, S. (2014). Economics of Organizations and Markets. Pearson, Amsterdam. ISBN: 9789043030410. (c. €55).
Toetsvorm
The final grade consists of:
- a midterm exam in week 4 consisting of multiple choice questions. This exam counts for 30% of the final grade;
- a final exam consisting of multiple choice questions. The final exam tests the entire course material. This exam counts for 70% of the final grade;
- bonus assignments: students can earn a full bonus point by handing in two homework assignments in groups of three or four students. Students receive the bonus point if the average grade of the two assignments is at least 5.5. This is a bonus on top of the final grade resulting from the midterm and final exams;
- the resit tests the entire course material. The results from the two exam and the bonus point do not count for the resit.
Toetsdata
Please go to http://rooster.uva.nl and http://www.student.uva.nl/feb-academicyear.
Opmerkingen
Details about the homework assignments will be published on https://blackboard.ic.uva.nl. Note that you can only hand in homework assignments in groups of three or four students. If you do not manage to form a group of three or four students, please inform the teacher of your tutorial: he or she will include you in a group.