Level 4 (Year 2)

Credits: 10 ECTS

Module leader: Ming-Jin Jiang

Office hour: TBA

Assessment methods

• A1 - In class exercise (10%)
  
  • This exerise will assess your understanding and applications of a firm's decision making with the application of game theory
  • Marking Grids: /files/100570/Grade_Criteria_A1(3).pdf
• A2 - In-class exercise (10%)
  • This exerise assess your understanding and application of cost of capital and optimal capital structure
  • Marking Grids: Grade_Criteria_A2.pdf
• A3 - In-class exercise (10%)
  • This exerise will assess your understanding and application of a risk management tool - option contracts
  • Marking Grids: Grade_Criteria_A3.pdf
• A4 - In-class exercise (10%)
  • This exerise will assess your understanding and application of optimal contracting when facing hidden information and hidden actions
  • Marking Grids: Grade_Criteria_A4.pdf
• A5 - Case Study (70%)
  • Assessment Guidlines: A5_Assessment_Guidelines(6).pdf
  • Marking Grids: Grade_Criteria_A5.pdf

Learning Outcome

At the end of the module you will be able to:

LO1. Develop capacity to express and explain to yourself and to non-economist clearly using an economic framework when discussing an industry or business and how that market structure affects firm decisions.

LO2. Solve well-defined problems related to business decision making and provide solution to strategic interactions with other firms in the industry

LO3. Be able to conduct demand and supply analysis for individual firm as well as for the aggregate economy

LO4. Be able to explain and discuss the macroeconomic conditions required for a variety of firm pricing strategies to be profitable.

For more detail, please download the attached MSG:/files/100570/ME_2023_-_MSG_(1)(2).pdf