Facts about the course
- ECTS Credits:
- 7.5
- Responsible department:
- Faculty of Business Administration and Social Sciences
- Course Leader:
- Katerina Shaton
- Lecture Semester:
- Autumn
- Teaching language:
- English
- Duration:
- ½ year
SØK710 Industrial Organization (Autumn 2019)
About the course
The course provides an introduction to game theory, which is applied to the study of strategic interaction among firms operating in imperfectly competitive markets.
Topics:
- Basic non-cooperative game theory
- Tactical decisions concerning what and how much to supply, what price to charge, including tacit collusion
- Strategic decisions in order to avoid or limit competition
- Advertising and R&D
The course is connected to the following study programs
- Master of Science in Logistics
- Master of Science in Economics and Business Administration
- Master of Science in Petroleum Logistics
- Exchange programme - Master's level
Recommended requirements
Basic microeconomics.
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 |
---|---|
LOG745 – Industrial Organization and Competition Policy | 7.5 |
The student's learning outcomes after completing the course
The successful candidate will have:
- understanding of strategic interaction in the real markets like petroleum, energy, and maritime transportation.
- knowledge how to apply game theory to structure and analyse complex market interactions.
- analytical tools to work through case studies of the real Norwegian industrial companies using the market models from the course.
Forms of teaching and learning
3 hours of lectures per week.
Coursework requirements - conditions for taking the exam
- Mandatory coursework: Assignment(s)
- Courseworks given:
- Courseworks required:
- Presence: Not required
- Comment: Hjemmeeksamen (40%) skal bestås før skoleeksamen (60%)
Examination
- Form of assessment: Written school assessment
- Proportion: 60%
- Duration: 4 Hours
- Grouping: Individual
- Grading scale: Letter (A - F)
- Support material: Calculator with empty memory + general dictionary in mother tongue/Norwegian/English in paper version
- Form of assessment: Home assessment
- Proportion: 40%
- Duration: -
- Grouping: Group
- Grading scale: Letter (A - F)
- Support material: All printed and written supporting material + calculator that may contain data
Syllabus
Last updated from FS (Common Student System)
Aug. 14, 2024 4:31:49 AM