Technische Universität Ilmenau

Competition, Strategy and Institutions - Modultafeln of TU Ilmenau

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module properties Competition, Strategy and Institutions in degree program Master Medien- und Kommunikationswissenschaft/Media and Communication Science 2013
module nameCompetition, Strategy and Institutions
module number101403
departmentDepartment of Economic Sciences and Media
ID of group 2541 (Economic Theory)
module leaderProf. Dr. Oliver Budzinski
credit points4
obligationelective module
certificate of the module Individual achievements or exams
details of the certificate

Each student participant is expected to

-  write a paper,

-  present the paper at the seminar conference,

-  act as an opponent to one of the other papers/presentations,

-  actively participate in the seminar conference.

alternative examination performance due to COVID-19 regulations incl. technical requirements
signup details for alternative examinations
learning outcome

Strategic business behavior on competitive markets lies at the heart of any market economic system. This course aims at a deep understanding of competitive interaction in realistic market environments (oligopolies; presence of competition rules and regulatory institutional frameworks) as a precondition for analyzing the pros and cons of different business strategies from a social perspective. This framework is subsequently used to analyse and understand strategic business behaviour in complex (interactive) market environments, both in terms of applied theory and in terms of actual case studies. The purpose of this subject is to render the students capable of mastering the modern economics of competition, strategy, and institutions. It explicitly focuses on: (i) imparting knowledge about (a) the modern, state-of-the-art economics of competition, (b) the modern, state-of-the-art economics of strategy, (c) the modern, state-of-the-art economics of institutions, and (d) the interface between these three areas, (ii) enhancing skills in assessing theoretical and empirical problems in competition, strategy, and institutions on a high academic level, and (iii) qualifying students to master the scientific analysis of competition, strategy and institutions by applying advanced theories, concepts, tools and methods as well as to understand strategic business behavior in complex (interactive) market environments.

The module contains the following subjects:
Competition, Strategy, and Institution
credit points4
obligationelective module
certificate of the modulealternative examination performance
term Sommersemester