21210082-1 - ECONOMIA INDUSTRIALE - CORSO AVANZATO I MODULO

Knowledge and understanding
The objective of this course is to provide students from an economic perspective with an in-depth knowledge of the functioning and regulation of markets in order to stimulate a critical understanding and analysis of both the policy implications for public authorities and the strategic behaviors implemented from businesses.
Ability to apply knowledge and understanding
The course will allow students to acquire knowledge and skills to analyze the functioning of markets in the economic context.
Judgment autonomy
The understanding of the functioning of markets that are not perfectly competitive and of the decision-making processes of the various economic actors will allow students to critically analyze the economic reality, the intervention of policy makers from both a regulatory and antitrust point of view, the strategic behavior of companies and their interaction.
Communication skills
The structure of the course and the assessment methods are aimed at allowing students to acquire and apply the different languages of the discipline (descriptive, graphic and analytical), necessary to appropriately address the microeconomic issues involved in a comparison both with experts in the field and with non-specialist subjects.
Learning ability
Students will grapple with the relevant issues through a study of both theory and practical cases in order to acquire the appropriate analysis methodologies to allow an autonomous analysis.
teacher profile | teaching materials

Mutuazione: 21210082-1 ECONOMIA INDUSTRIALE - CORSO AVANZATO I MODULO in Economia Aziendale LM-77 Feduzi Alberto

Programme

The course examines the strategic behavior of firms using the key analytical categories of industrial economics.

Fundamentals of industrial economics
• The fundamental problems of industrial economics
• Review of microeconomics, decision theory, and game theory
• The structure-conduct-performance model: characteristics and limitations
• Industry analysis
• Competitors and competition
• Cournot and Bertrand models: characteristics, limitations, and extensions

Strategic Business Decisions and Market Dynamics
• Economic theories of the firm
• Risk, uncertainty, and strategic decisions
• Behavioral economics and strategic decisions
• The horizontal and vertical boundaries of the firm
• Entry and exit decisions
• Pricing strategies and strategic commitments
• Strategic behavior and competitiveness over time

Strategic Behavior of Firms Operating in Multiple Markets
• Transnational firms and global value chains
• Strategic decisions of transnational firms


Core Documentation

• Cabral L. (2018). Industrial Economics (new edition), Carocci editore.
• Besanko D., Dranove D., Shanley M., and Schaefer, S. (2013). Industrial Economics and Business Strategy (second edition), Isedi.

Additional teaching materials (slides and scientific articles) will be made available on the Moodle platform.

Attendance

Attendance is recommended but not mandatory.

Type of evaluation

The assessment consists of a written exam, divided into three questions.