Duration
30h Th
Number of credits
Lecturer
Language(s) of instruction
English language
Organisation and examination
Teaching in the first semester, review in January
Schedule
Units courses prerequisite and corequisite
Prerequisite or corequisite units are presented within each program
Learning unit contents
The course of industrial organization in the digital economy focuses on strategic interaction between firms and in particular on those interactions taking place on markets. The objective is a better understanding of both the firms' strategies and the market functioning. This industrial organization course blends economic theory with real-world applications. The course will focus on applications to the digital economy
Course overview (provisional)
- Introduction, oligopoly theories (Bertrand, Hotelling, vertical differentiation, Cournot...)
- Switching costs, network effects, compatibility
- Multi-sided platforms (basics), price discrimination
- Competition and consumer policy
- Cybersecurity
- Price discrimination
- Strategies on neworks
- Asymmetric information, reputation and intermediation
Vertical relations
Learning outcomes of the learning unit
Intended Learning Outcomes addressed by the courses :
- Strengthening knowledge and understanding of basic management disciplines in order to use them to perform a rigorous analysis of a management situation and provide pertinent solutions
- Ability to speak 2 foreign languages: C1 in English and B2 in one other language
- Understanding and being capable of using modelization methods when seeking a solution for a concrete management problem
- Providing concrete solutions to a management problem, integrating a dimension of technology, innovation or production
- Developing a critical sense (arguing)
- Developing a transversal, global vision
- Professional capacity for written communication
Prerequisite knowledge and skills
Micro-economy & Notions of calculus
Planned learning activities and teaching methods
Each session (3 hours) will be divided in three parts:
- Discussion based on press article (30 minutes)
- Teaching (2 hours)
- Exercises (30 minutes)
Mode of delivery (face to face, distance learning, hybrid learning)
Face to face
Organisational adjustments related to the current health context
Recommended or required readings
Reference Belleflamme and Peitz, Industrial Organization: Markets and Strategies, Cambridge University Press, second edition, 2015
Assessment methods and criteria
Below you will find information on the evaluation methods planned for in-person and remote exams as well as those planned for hybrid sessions. Depending on how the health crisis evolves, the chosen method will be communicated to you no later than one month before the start of the exam session.
Final exam
Relative weighting of the individual evaluation: 100%
Work placement(s)
Organizational remarks
The course is given in English.
Students are wanted to participate in all the sessions
Contacts
Lecturer
Axel GAUTIER
Email: agautier@ulg.ac.be
Office I.49, BAT B31(ST)
Tel: 04/366.30.53
Teaching assistant: Iman Salem (Email: iman.salem@uliege.be)