The course applies tools from microeconomics and game theory to the analysis of strategic decision making by firms. Specific topics covered include the sources of industry and firm profitability, strategic positioning, sustainable competitive advantage, the boundaries of the firm, incomplete contracts, strategic commitment, dynamic pricing, entry and exit, network effects, and platform markets. My goal for the class to give students a set of economic tools, and develop a rigorous evaluation of firm strategy.
The course is designed for students who are proficient with microeconomics at the level of 33001. Classes will combine case analysis, discussion, and lecture.
Business 33001. Cannot enroll in BUSN 42001 if BUSN 20900 taken previously.
Articles and case materials will be distributed via the course website. There are two required books. There will be additional optional readings posted each week to the course website.
Based on class participation, assignments, a mid-term, and a final. Cannot be taken pass/fail. Mandatory participation.
Description and/or course criteria last updated: June 05 2024
