Industrial Economics IV: Games and Strategies
| Code | School | Level | Credits | Semesters |
| BUSI3197 | Nottingham University Business School China | 3 | 20 | Spring China |
- Code
- BUSI3197
- School
- Nottingham University Business School China
- Level
- 3
- Credits
- 20
- Semesters
- Spring China
Summary
PRE-REQUISITE
Please note that for this module, the following pre-requisite applies:
BUSI2182 Industrial Economics II: Pricing and Decision Making
(Please ignore Requisites: N/A below)
This module will analyse the conduct and strategies of firms from a game theoretic point of view. Topics to be covered include basic game theory, models of oligopoly, pricing tactics, strategic entry deterrence, standard settings, networks and technology adoption, cooperation, communication and competition.
Re-assessment format is decided by the school.
Target Students
Available to Part II students with the required pre-requisite Industrial Economics III (BUSI3193)
Classes
- One 1-hour-30-minute seminar each week for 4 weeks
- Two 1-hour-30-minute lectures each week for 10 weeks
Assessment
- 20% Presentation 1: 6 minute individual presentation (20%)
- 80% Exam 1 (2-hour-30-minute): One 2.5-hour exam. (80%)
Assessed by end of spring semester
Educational Aims
To build upon the techniques for the analysis of firms in a game theoretic setting to analyse phenomena such as collusion, pricing tactics, strategic entry deterrence and technology adoption.Learning Outcomes
Knowledge and understanding:
This module develops a knowledge and understanding of:
- The development, access and operation of markets for resources, goods and services.
- Ability to apply core economic theory and economic reasoning to applied topics.
Intellectual skills:
This module develops:
- The ability to analyse facts and circumstances to determine the cause of a problem and identifying and selecting appropriate solutions.
- Conceptual and critical thinking, analysis, synthesis and evaluation.
Professional practical skills:
This module develops:
- Numeracy and quantitative skills to manipulate data, evaluate, estimate and model business problems, functions and phenomena.
- The ability to apply business models to business problems and phenomena.
Transferable (key) skills:
This module develops:
- Communication and listening including the ability to produce clear, structured business communications in a variety of media.
- Self-management and a readiness to accept responsibility and flexibility, to be resilient, self-starting and appropriately assertive, to plan, organise and manage time.
- Articulating and effectively explaining information.
Conveners
- Dr Zhixian Yu
Last updated 09/01/2025.