Teaching staff
Prof. Dr. rer. pol. habil. Oliver Budzinski
Head of Department Economic Theory at the Technische Universtität Ilmenau
Learning objectives
Understanding of the role of competition in market economies; understanding of the basic economic effects of different entrepreneurial competition strategies; knowledge of the essential European and German competition rules; competence to assess basic competition strategies with regard to their basic economic effects and conformity with competition policy rules. The module can be offered in German or English upon request.
Brief description
In this module, the functioning and characteristics of national and international competition are examined.
Long description
The advanced training unit deals with
- the basic economic understanding of the functioning and effects of market competition
- the economic basis and effects of typical entrepreneurial strategies in competition and their effects on competition, including
- corporate cooperation and networks,
- mergers & acquisitions (business combinations) and
- unilateral strategies (pricing, advertising, bundling and tying, differentiation, etc.),
- the essential European and German competition rules and their implications for entrepreneurial strategies,
- the special problems of global competition.
Access requirements
None
Prices, place & duration
The attendance events usually take place in seminar hotels in Erfurt and cover a total of 2 days. The participation fee is 1,300.00 EUR net per participant (1547.00 EUR gross) without accommodation costs. Discounts within a course for several participants of the same company are possible.