EC132 The Industrial Economy Strategy Notes | Assignment Help | Syllabus
Country: United Kingdom
University: The University Of Warwick
This subject seeks to provide students with an overview of company behavior, including why companies exist, what they can do better (and worse) than markets, and how they compete. The course uses descriptive, graphical, and mathematical models (such as very rudimentary game theory) in conjunction with real-world examples. Students should have a solid knowledge of how and why businesses behave the way they do by the conclusion of the course, as well as a greater awareness of relevant real-world problems. In addition, the course provides as a fundamental introduction to industrial economics.
The Most Important Learning Outcomes
Subject Knowledge and Understanding:…understand why businesses are essential in today’s economy, especially why businesses exist. This is addressed throughout the first several lectures of the course and is supplemented with seminar questions. The test, which usually contains at least one question related to this portion of the course, is a summative assessment technique that measures the accomplishment of this learning outcome.
Cognitive Skills:…outline and analyze the reasons why companies may decide to combine, as well as when this may occur. This is addressed in the middle of the course and reinforced by seminar questions, which are the teaching and learning techniques that allow students to attain this learning result. The test, which usually contains at least one question related to this portion of the course, is a summative assessment technique that measures the accomplishment of this learning outcome.
Understanding of the Subject:…understand how we model how companies price and position their goods, as well as how they interact and compete with one another. The teaching and learning techniques that allow students to accomplish this learning goal are as follows: this is addressed in the course’s last, more technical section, and is backed up with seminar questions. The test, which usually contains at least one question related to this portion of the course, is a summative assessment technique that measures the accomplishment of this learning outcome.
Subject Knowledge and Understanding:…explain the issues that companies must solve (in terms of collaboration and coordination) and comprehend the various interpretations of businesses’ roles. This is addressed throughout the first several lectures of the course and is supplemented with seminar questions. The test, which usually contains at least one question related to this portion of the course, is a summative assessment technique that measures the accomplishment of this learning outcome.
Understand the resources and assets that companies utilize to create and sustain revenues, such as innovation and reputation. This is addressed in the middle of the course and reinforced by seminar questions, which are the teaching and learning techniques that allow students to attain this learning result. The test, which usually contains at least one question related to this portion of the course, is a summative assessment technique that measures the accomplishment of this learning outcome.
The following topics are usually covered in this module: What are companies and why do they exist; How businesses compete; strategy analysis (using basic game theory) Where necessary, the module leader may introduce new subjects and sub-topics.
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