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Economics Of Strategy

Key information

  • Module code:

    5SSMN933

  • Level:

    5

  • Semester:

      Spring

  • Credit value:

    15

Module description

The aims of this module are to:
• To develop a detailed understanding of main theories and concepts within the area of economics of strategy, building on the microeconomic content of 5SSMN239 (Microeconomics)
• To develop the ability to identify, analyse and communicate principles of economics of strategy, recognizing competing perspectives
• To create an understanding of simple model building methods in economics of strategy and the ability to use these models to judge the significance of the data collected recognizing the limitations of the enquiry.
• To foster an awareness of the different theories and frameworks and recognize the strengths and limitations of microeconomic theory when applied to managerial decision making

On completion of the module, students should possess:
• A detailed knowledge of the methods and scope of microeconomic principles in managerial decision making (Aim 1)
• The ability to identify, analyse and communicate principles of economics of strategy, recognizing competing perspectives (Aim 2)
• An understanding of the foundations and conclusions of simple theoretical models in economics of strategy and the ability to use these models to evaluate the importance of the data collected recognizing possible limitations of the enquiry (Aim 3)
• An awareness of the content, strengths and limitations of the analytical tools used in economics of strategy (Aim 4)

Department

Module description disclaimer

King’s College London reviews the modules offered on a regular basis to provide up-to-date, innovative and relevant programmes of study. Therefore, modules offered may change. We suggest you keep an eye on the course finder on our website for updates.

Please note that modules with a practical component will be capped due to educational requirements, which may mean that we cannot guarantee a place to all students who elect to study this module.

Please note that the module descriptions above are related to the current academic year and are subject to change.