Market and Competition
Study Board for Continuing and Higher Education in Health & Social Sciences
Teaching language: English
EKA: B830804102
Censorship: Second examiner: None
Grading: 7-point grading scale
Offered in: Odense
Offered in: Autumn
Level: Professional Master
Course ID: B830804101
ECTS value: 5
Date of Approval: 31-03-2022
Duration: 1 semester
Course ID
Course Title
Teaching language
ECTS value
Responsible study board
Date of Approval
Course Responsible
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Offered in
Duration
Mandatory prerequisites
Aim and purpose
The aim of the course is to provide students with a basic knowledge of companies' conditions of competition under different market forms and institutional and regulatory conditions, as well as an introduction to Danish and European competition and trade policy. The course aims to enable students to apply concepts and methods from industrial organization to specific issues, including analysing a company's strategy in the short and long-term depending on market form and regulation, to assess and understand the development and emergence of different market forms and regulation dilemmas, and to describe and assess the conditions of different industries. The students will thus be able to apply key industrial economics concepts and methods to describe and analyse their own and other industries and translate this knowledge into concrete strategic recommendations.
Content
- Market forms: Perfect competition, monopoly, and oligopoly
- The company's strategies and consequences thereof under different market forms
- Competition law
- Competition policy, business policy and trade policy
Description of outcome - Knowledge
The learning goals are that the students demonstrate knowledge about
- the market forms perfect competition, monopoly, and oligopoly
- the theoretical models of pricing, price discrimination and product differentiation
- the main principles of Danish and European competition law
- Danish and European competition, business, and trade policy
Description of outcome - Skills
In addition, students must demonstrate skills so that they are able to
- identify problems and challenges in specific markets and industries
- assess and choose from theoretical models to analyse possible strategies, including comparing and discussing the theoretical models
- explain and analyse a company's actions, opportunities, and limitations under different market forms, considering applicable competition law
- recommend solutions and actions for specific issues and challenges
- disseminate research-based knowledge and discuss academic issues and solutions to both peers and non-peers
Description of outcome - Competences
Finally, they must demonstrate competencies so that they are capable of
- analyse a company's strategic opportunities
- analyse and explain developments in specific markets and different industries
Literature
Teaching Method
Lectures. Exercises and cases solved in groups. Homework assignments will be provided for peer review.
Workload
The student's own work effort is 27 hours per ECTS. A total of 135 hours in this subject. The hours are divided into preparation for lectures, exercises, and home assignments and peer review, and preparation and completion of the exam.
The 135 working hours are distributed as follows:
Confrontation Hours - 30
Preparation for teaching, home assignments and peer feedback - approx. 70 hours
Exam preparation - approx. 35 hours
Examination regulations
Exam
Name
Exam
Timing
Exam: December / January
Reexam: February
Participation in re-examination requires participation in the ordinary exam in the same examination period. Hence, non-participation in the ordinary exam excludes from access to the re-examination.
First-coming access to examination will be the following ordinary examination period
Tests
Exam
Name
Exam
Form of examination
Take-home assignment
Censorship
Second examiner: None
Grading
7-point grading scale
Identification
Student Identification Card - Date of birth
Language
Danish, English
Duration
Exam portfoio
Length
The total scope of the exam paper must not exceed 10 standard pages (24,000 pages including
spaces). Front page, table of contents and bibliography are not included in the count of the scope of the answer.
Thus, a normal page in this exam is set at 2,400 strokes, which is any typographic
element, not only letters and numbers, but also interpunctuation marks (e.g. commas, periods) and blanks (spaces). A figure,
table or similar makes it out for 400 strokes.
Examination aids
All exam aids allowed
Assignment handover
The exam assignment is handed out via Digital Exam
Assignment handin
Hand in via Digital Eksamen
ECTS value
5
Additional information
The final exam in the course is a written exam assignment. The assignment paper is prepared as a portfolio, which is a compilation of selected work (element), e.g. solutions to home assignments, essays, and reports. Each element is a completed work that answers a concrete, self-selected problem statement. The portfolio may consist of up to three elements. In addition, the portfolio should include a brief introduction. The total length of the three elements together must not exceed 10 standard pages, The introduction must not exceed 1 standard page. A standard page in this exam is defined as 2,400 characters (letters, numbers, interpunctuation marks, and blanks (spaces)). A figure, table, or similar makes it out for 400 characters. The exam paper is introduced at the first day of teaching. An element of the portfolio can include answers to assignments, caces, etc. that the student has worked with during the semester.
EKA
B830804102
External comment
NOTE - This course is identical with the former course Konkurrence og markeder (9603301).
Used examination attempts in the former identical course will be transferred.
Courses that are identical with former courses that are passed according to applied rules cannot be retaken.
Courses offered
| Offer period | Offer type | Profile | Education | Semester |
|---|---|---|---|---|
| Fall 2022 | Mandatory | Studieprofil for studerende optaget før 1. september 2022 | Master of Business Administration | | Odense | 1 |
| Fall 2022 | Mandatory | Studieprofil for studerende optaget pr. 1. september 2022 og senere | Master of Business Administration | | Odense | 1 |