Industrial Organisation: Theory and Applications (B-KUL-D0T31A)
Aims
Upon completion of this course, the student can:
- translate a real-world situation into a formal framework (model)
- identify, explain and develop firms' strategic behavior on the base of rigorous modeling
- apply game-theoretic tools on several strategy cases
- develop and defend in a structured way a company's strategy in specific cases
Previous knowledge
At the beginning of this course students should be able to define and use basic microeconomic examples, definitions and tools. Moreover the student should be able to use (simple) mathematical tools and reasonings, as illustrated in the courses 'Markets and Prices' and 'Managerial Economics'. For more information look on the student platform.
Is included in these courses of study
- Bachelor in de economische wetenschappen (Leuven) 180 ects.
- Bachelor in de toegepaste economische wetenschappen (Leuven) 180 ects.
- Bachelor in de toegepaste economische wetenschappen (Leuven) (Major 1: Bedrijfseconomie en strategie) 180 ects.
- Bachelor in de toegepaste economische wetenschappen (Leuven) (Major 2: Bedrijfseconomie en strategie) 180 ects.
- Bachelor in de toegepaste economische wetenschappen (Leuven) (Major 2: Talen) 180 ects.
- Bachelor handelsingenieur (Leuven) (Major 1: Keuzetraject studenten campus Brussel) 180 ects.
- Bachelor handelsingenieur (Leuven) (Major 2: Bedrijfseconomie en strategie) 180 ects.
- Bachelor handelsingenieur (Leuven) (Major 2: Talen) 180 ects.
- Master of Nanoscience, Nanotechnology and Nanoengineering (Leuven) 120 ects.
- Master of Materials Engineering (Leuven) 120 ects.
- Master in de beleidseconomie (programma voor studenten gestart vóór 2022-2023)(Leuven) 60 ects.
- Master of Mobility and Supply Chain Engineering (Leuven) 120 ects.
- Erasmus Mundus Master of Science in Nanoscience and Nanotechnology (Leuven et al) 120 ects.
- Bachelor of Business Engineering (Brussels et al) 180 ects.
- Courses for Exchange Students Faculty of Economics and Business (Leuven)
- Voorbereidingsprogramma: Master in de economische wetenschappen / Master of Economics (Leuven) 60 ects.
- Master in de beleidseconomie (programma voor studenten gestart in 2022-2023 of later) (Leuven) 60 ects.
Activities
6 ects. Industrial Organisation: Theory and Applications (B-KUL-D0T31a)
Content
Several Cases.
Course material
Used course material:
- Slides, which will be uploaded on Toledo
- Course notes, taken during the lectures
- Extra literature, which will be uploaded on Toledo
Toledo
Toledo is being used for this learning activity
Format: more information
The focus of this course is on applying the core concepts of 'Industrial Organisation' to real strategic cases.
There will be several lectures in the first weeks of the course, explaining the theory and what is expected from students in the cases. In the following weeks, students are assigned cases on which they will work on in small groups for several weeks. During these weeks, feedback is given on groups’ progress in one-on-one meetings. In later weeks, cases are presented by the groups and written reports handed in. All practical details will be communicated via Toledo.
Evaluation
Evaluation: Industrial Organisation: Theory and Applications (B-KUL-D2T31a)
Explanation
FEATURES OF THE EVALUATION
* The papers and presentations should reflect the abilities of the students to apply different models and approaches to arrive at an informed ‘prediction’ on what would be the right strategy for a company.
* The papers and presentations are a group assignment implying teams of +/- 4 students.
* For each paper the term of deliverance and deadline will be determined by the lecturer and communicated via Toledo. The deadlines will be situated before the start of the official examination period at the end of the semester.
* The presentation dates will be set by the lecturer and communicated via Toledo. The presentations will take place before the start of the examination period at the end of the semester.
DETERMINATION OF FINAL GRADES
* The grades are determined by the lecturer as communicated via Toledo and stated in the examination schedule. The result is calculated and communicated as a number on a scale of 20.
* The final grade is a weighted score and consists of the following components: 50% on written papers; 50% on presentations.
* If the set deadline for the paper was not respected, the grade for that respective part will be a 0-grade, unless agreed otherwise by the lecturer. Changes in deadlines can only be considered in case of unexpected, severe, circumstances.
* If the student did not participate in the elaboration of the paper, the grades for the paper and presentation will be a 0-grade.
SECOND EXAMINATION OPPORTUNITY
* The features of the evaluation and determination of grades differ to those of the first examination opportunity, as described above.
* Students who do not pass overall on the first examination opportunity, receive an individual assignment (paper) for the second examination opportunity. The grade for the second exam opportunity consists solely of the grade attained for this individual assignment.
Information about retaking exams
*See 'Explanation' for further information regarding the second examination opportunity.