Course Description
This course applies tools from microeconomics to decision making in environments of strategic interdependence. Topics include entry, commitment, price wars, tacit collusion, antitrust, and new product introduction. We rely heavily on case studies.
Athena Title
Competitive Strategy
Prerequisite
ECON 4010 and (ACCT 1160 or ACCT 2101 or ACCT 2101H or ACCT 2101E) and (FINA 3000 or FINA 3000H or FINA 3000E or FINA 3001 or FINA 3001H)
Semester Course Offered
Offered every year.
Grading System
A - F (Traditional)
Course Objectives
This course is designed to instruct students how to develop and execute strategy in business settings with a small number of players, where strategic interdependence shapes the industry.
Topical Outline
Introduction Game Theory Fundamentals Monopoly Rivalry Industry Analysis Competitive Advantage Entry and Exit Commitment Price Wars and Tacit Collusion Antitrust New Products
Syllabus