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

Market and Competition

Teaching language


ECTS value


Responsible study board

Study Board for Continuing and Higher Education in Health & Social Sciences

Date of Approval


Course Responsible

Name Email Department
Christian Kronborg Microeconomics

Offered in



Professional Master

Offered in



1 semester

Mandatory prerequisites

Generel admission requirements for MBA 

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.


  • 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


A litteratur list will be available on Itslearning at the beginning of the semester.

Teaching Method

Lectures. Exercises and cases solved in groups. Homework assignments will be provided for peer review.


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: 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





Form of examination

Take-home assignment


Second examiner: None


7-point grading scale


Student Identification Card - Date of birth


Danish, English


Exam portfoio


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


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. 



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


Name Email Department City
Huanren Zhang Microeconomics Odense
Karol Jan Borowiecki Economic History Odense