Course unit title

Economics of Business Competition

Course unit code

EKP621

Type of course unit (compulsory, optional)

Optional

Level of course units (according to

EQF: first cycle Bachelor, second cycle Master)

Second cycle Master

Year of study when the course unit is delivered

(if applicable)

Year 1

Semester/trimester when the course unit is delivered

Semester 2

Number of ECTS credits allocated

4.8 ects

Name of lecturer(s)

Nurul Istifada, Dr. SE., M.Sc.

Dyah Wulansar, Ph.D

Rumayya, Ph.D

Learning outcomes of the course unit

After taking this course students are able to:

  1. Explain the basic concepts and application of the Theory of Business Economics and Competition.
  2. Explain the phenomenon of Business Economics and Competition, and be able to explain the relationship between variables in the Business Competition.
  3. Evaluate the characteristics of the market structure, the causes of the formation of a market structure, and how the impact of the market structure on the behavior of producers

Mode of delivery (face-to-face, distance learning)

- Face to face (offline) using LCD, White Board, problem set, and or 

- Distance learning (online)

Prerequisites and co-requisites (if applicable)

No

Course content

This course focuses on studying the meaning and scope of the economy on inter-firm competition, market structure and its implications for producer behavior and economic performance, especially for increasing efficiency and public welfare. This course also discusses various business economics and competition policies.

Recommended or required

reading and other learning resources/tools
  1. John Lipczynski and John Wilson, 2001, Industrial Organization, AN Analysis of Competitive Markets, Prentice Hall.
  2. Stephen Martin, Industrial Economics: Economic Analysis and Public Policy, Macmillan Publishing Company, New York, 1994
  3. Donald A Hay and Derek J. Morris, 1987, Industrial Economics, Theory and Evidence, Oxford University Press, USA.
  4. William G Stepherd, 1990, The Economics of Industrial Organization, Prentice-Hall International, Inc., USA.
  5. Roger Hayter, 2000, The Dynamics of Industrial Location, John Wiley & Sons, England.

Planned learning activities and teaching methods

Teaching (Classical Method), Presentation, Discussion, case-based method

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

- Mid Exam (15%)

- Final Exam (15%)

- Task of Problem set (research paper) (70%)