Бакалавриат
2025/2026
Стратегия
Статус:
Курс обязательный (Прикладной анализ данных)
Где читается:
Факультет компьютерных наук
Когда читается:
4-й курс, 1-3 модуль
Охват аудитории:
для своего кампуса
Язык:
английский
Контактные часы:
96
Course Syllabus
Abstract
This course is concerned with strategic thinking. It uses basic economic principles and game theoretic tools to address strategic issues that arise in a firm’s relationships with customers, suppliers, competitors, employees, other organizations, and stakeholders in general. It links critical analysis with practice. Students will be challenged to understand and apply managerial and economic theory to real world examples through business cases. The course is structured in two parts. The first part will introduce tools that aid in identifying the external opportunities available to a firm. We start with a firm’s external environment through the formulation of economic models of competition between firms. We will then discuss management tools to carry out industry profitability qualitative analysis. We will finally critically evaluate the literature on the main sources of a sustainable competitive advantage. The second part of the course will be focused on a firm’s internal environment by developing economic models that illustrate the trade-offs that firms face to motivate and coordinate their members’ actions, as well as discussing the main factors that determine a firm’s scope.
Learning Objectives
- The course aims to provide students with an understanding of strategy formulation in firms and its main challenges using game-theoretical tools.
Expected Learning Outcomes
- Understand the main static and dynamic game-theoretic framework and apply them to modelling firm competition and finding the equilibrium characteristics.
- Explain the structure of an industry and the nature of the competitive interactions among firms in this industry and perform a qualitative analysis of industry profitability.
- To be able to analyze the market and make the necessary decisions for companies improving their performance.
- Be able to account for the informational limitations of the firms in external and internal frameworks.
- Apply formal industrial organization models to analyze key problems of market regulation and antitrust policy, problems of vertical and horizontal merging.
Course Contents
- Introduction to game-theoretical method
- Market structure: monopoly and oligopoly
- Dynamic collusion
- Market dynamics and entry
- Industry analysis, asymmetry
- Competitive advantage
- Strategic positioning
- Information: adverse selection, signaling, screening
- Introduction to contract theory
- Teams and performance
- Vertical and horizontal merging
- Research and development
- Network effects
Interim Assessment
- 2025/2026 1st module0.5 * Exam1 + 0.25 * HW1 + 0.25 * HW2
- 2025/2026 3rd moduleFinal = 0.08*HW1+0.08*HW2+0,16*Exam1+0,2*Group project+0.06*HW3+0.06*HW4+0.06*HW5+ 0.3*Exam2
Bibliography
Recommended Core Bibliography
- Economics of strategy, Besanko, D., 2007
Recommended Additional Bibliography
- Industrial organization : markets and strategies, Belleflamme, P., 2016
- Timothy Besley, Maitreesh Ghatak, To Madhav Aney, Oriana B, Oliver Denk, Avinash Dixit, … Ragnar Torvik. (2009). Chapter for Volume V of the Handbook of Development Economics edited by Dani. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.5EC7DD27