Industrial Organisation: Theory and Applications (B-KUL-D0T31A)

6 ECTSEnglish39 First termCannot be taken as part of an examination contract
OC Toegepaste economische wetenschappen FEB Campus Leuven

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

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.

 

Activities

6 ects. Industrial Organisation: Theory and Applications (B-KUL-D0T31a)

6 ECTSEnglishFormat: Lecture39 First term
OC Toegepaste economische wetenschappen FEB Campus Leuven

Several Cases.

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

 

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)

Type : Continuous assessment without exam during the examination period
Description of evaluation : Paper/Project, Presentation


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.

*See 'Explanation' for further information regarding the second examination opportunity.