Professional Documents
Culture Documents
GRADERS: Pedro Relvas (TA), Diogo Rebelo (TB), Sara Alves (TC), Virginia Ulfig
(TD)
2. LEARNING GOALS
On completion of this course a student should be able to:
1) Knowledge and Understanding:
a) Identify situations in which the interaction between firms is strategic.
b) Identify the type of strategic interaction between firms and formulate the
best response actions from the perspective of an individual firm.
c) Understand and apply the notion of equilibrium when firms interact in a
strategic way.
d) Understand how a firm can affect the market outcome by taking actions
before its competitors.
2) Subject-Specific Skills:
a) Identify firms competitors and the nature of competition in the markets in
which firms operate.
b) Understand the strategic importance commitments.
c) Understand firms competition in a dynamic setting and
d) Identify the main entry and exit barriers and how they affect competition
in the market.
e) Understanding the drivers and consequences of firm structure and
organization
3) General Skills:
a) Develop strategic thinking.
b) Develop written communication skills.
3. COURSE STRUCTURE
1) Introduction and overview.
2) Competitors and Competition.
3) Strategic Commitments.
4) Entry and Exit. Industry Analysis.
5) Vertical and Horizontal Integration.
6) Incentives.
8) The Dynamics of Pricing Rivalry.
9) Products.
5. ASSESSMENT
Participation/Group Work 30%
In Class Quizzes
Final Exam
40%
40%