- Module code: EC132
- Module name: The Industrial Economy: Strategy
- Department: Economics
- Credit: 15
Module content and teaching
To introduce students to firm behaviour. The core method is an introduction to game theory and oligopoly theory to illustrate the way firms compete and how the different parts of the firm co-operate to achieve success. This is central to the understanding of industrial economics and hence important for L116, but also of interest of all students of economics and related courses who wish to better understand how firms compete and co-operate in the modern economy, and also useful for those with an interest in game theory and how it can help economists to understand behaviour.
Principal learning outcomes
By the end of the module the student should be able to demonstrate general knowledge and understanding of the Industrial Economy demonstrate familiarity with some applications of economics that have been specific to the Industrial Economy communicate their knowledge and understanding to others using seminar presentations and an essay; apply critical analysis to the topics of the module, formulate concepts and hypotheses, and show how they are tested in relevant literature and critically review the relevant literature and evidence.
Timetabled teaching activities
20 Lecture hours and 4 Support and Feedback classes.
|Assessment group||Assessment name||Percentage|
|15 CATS (Module code: EC132-15)|
|B (Examination only)||1.5 hour examination (Summer)||100%|
This module is available on the following courses:
- Undergraduate Economic Studies and Global Sustainable Development (L1L8) - Year 1
- Undergraduate Economics 3 Year Variants (L100) - Year 1
- Undergraduate Economics 3 Year Variants (L116) - Year 1
- Undergraduate Economics, Politics and International Studies (LM1D) - Year 1
- Undergraduate Philosophy, Politics and Economics (V7ML) - Year 1