PLG21 - ECONOMICS OF STRATEGIC COMPETITION

The aim of the course is to pursue the general objective of the degree

course furnishing knowledge and expertise concerning the functioning of

competitive and non-competitive markets and the optimizing behavior of

companies. We consider it important to make students acquire the logic

of strategic competition among firms, with particular attention to the role

that market imperfections (in terms of competition and/or information)

have in defining such strategies. This objective is inserted in the context

of the degree course aimed at training business managers with the

necessary knowledge to operate in an environment of non-competitive

markets where companies can exercise market power.

EXPECTED RESULTS OF LEARNING

At the end of the course the student must possess knowledge and skills

related to the functioning of competitive and non-competitive markets,

the antitrust rules, the strategic behavior of companies. The objective is

to contribute to the formation of a professional figure (envisaged in the

Degree Course) assigned to the administrative-financial management of

private companies, both as an internal profile and as a consultant. To this

end the course propose s to transmit the following skills and knowledge:

KNOWLEDGE AND UNDERSTANDING ABILITY

- distinguishes the markets based on the degree of competition

-recognizes the principles that guide industrial policies and strategies

- knows the long-term implications of market penetration strategies

AUTONOMY OF JUDGMENT:

- translates the logic of economic models into management and

corporate policies.