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
Industrial organization studies three main questions: How do firms compete?, What are the consequences on consumers and welfare? And is there a room for public intervention?
The course of "industrial organization in the digital economy (IODE)" intend to study those questions integrating the features of the digital economy (platforms, network goods, data, etc.). The objective is a better understanding of both the firms' strategies and the market functioning. A special focus will be given on superstar firms and the possible way to regulate their conduct.
This IODE course blends economic theory with real-world applications.
Course content :
- Oligopoly competition and the rise of market power
- Discrete choice models and application to mergers
- The economics of AI
- Collusion and algorithmic pricing
- Digital platforms
- Bundling and exclusivity and applications to competition policy
-Vertical relations
- Innovation and competition and the Draghi report
- Crypto-assets
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
Course materials and recommended or required readings
Main Reference
Belleflamme and Peitz, Industrial Organization: Markets and Strategies, Cambridge University Press, second edition, 2015
Other references will be provided during the lectures
Final exam
Relative weighting of the individual evaluation: 100%
Work placement(s)
Organisational remarks and main changes to the course
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: Hugues Barvaux