Degree | Type | Year |
---|---|---|
Business Administration and Management | OT | 4 |
Economics | OT | 3 |
Economics | OT | 4 |
You can view this information at the end of this document.
There are no specific prerequisites.
The course is self-contained, although it incorporates previously studied concepts primarily from Business Economics and Strategic Management, and utilizes some basic concepts from Microeconomics. The course has a clearly applied focus, pursuing an assessment of a company's strategic performance. In this sense, it seeks to show how theoretical concepts, which may initially seem complex, can be easily applied to analyze business and industrial reality.
At the end of the course, the student is expected to have achieved a series of objectives, among which is the knowledge of the concepts and instruments commonly used in industrial analysis. The subject also seeks a good understanding of the company's mechanisms for generating value and transforming, partially or totally, this value into business profits.
Other more advanced objectives are the evaluation of the business competitive strategy, the quantification of value creation associated with the strategy, and the understanding of value sharing and appropriation mechanisms.
The subject considers the firm as the basic unit of analysis. Its main objective is to contribute to the understanding of how the firm generates value and which are the causes that explain the difference in the value generated between firms. Accordingly, we use the concept of business models, which is increasingly being used in the field of strategic management. With the notion of business model (and/or strategy), we try to highlight the strong association between the organization and its environment, the importance of being able to correctly identify both internal and external organizational factors, eventually finding out the corresponding interrelationships. The course will not stay in the abstraction domain. It claims that it is possible to apply theoretical concepts, so that they become useful instruments for business strategy and, by extension, to the industries to which they belong to. The subject also develops benchmarking tools based on economic concepts.
1. Competitive Environment: Industry, Market, and Structure
2. Internal Organization, Strategy, and Value Creation
3. Corporate Rivalry: Pricing and Differentiation
4. Vertical Organization, Alliances, and Corporate Strategy
5. Dynamic Competition and Digital Markets
6. Corporate Governance, Leadership, and Current Issues
Title | Hours | ECTS | Learning Outcomes |
---|---|---|---|
Type: Directed | |||
Classroom sessions | 17 | 0.68 | |
Lectures | 32.5 | 1.3 | 3, 4, 5, 7, 14, 22, 18, 11, 19, 26, 25, 9 |
Type: Supervised | |||
Tutorials | 10.5 | 0.42 | 3, 4, 5, 7, 16, 19, 26, 10, 9 |
Type: Autonomous | |||
Study of theoretical concepts, solving exercises and working out of cases | 83.5 | 3.34 | 3, 4, 5, 7, 16, 19, 26, 10, 9 |
The course aims at analyzing business strategic decisions within an industry context, and within the rigorous framework provided by the economic theory.
This implies that we need to:
1. Discuss basic concepts and theories: This is going to be developed through classroom sessions and additional readings.
2. Work out problems and practical exercises to reinforce the understanding of previously discussed concepts: Practice sessions will be carried out in the classroom.
3. Apply concepts to analyze specific real problems: This will be done through case studies and other examples from economic newsmedia.
For this course, the use of Artificial Intelligence (AI) technologies is allowed exclusively in support tasks, such as bibliographic or information searches, text correction or translations and the preparation of debates. For activities with exercises, two documents will be requested: one without AI intervention and another with the help of AI. Students must clearly identify which parts have been generated with this technology, specify the tools used and include a critical reflection on how they have influenced the process and the final result of the activity. The lack of transparency of the use of AI in this assessable activity willbe considered a lack of academic honesty and may lead to a partial or total penalty in the grade of the activity, or greater sanctions in serious cases.
The proposed teaching methodology may undergo some modification depending on the dynamics of the group. In the course we will use flipped classrooms and gamification as innovative teaching methodologies. The subject places great importance on face-to-face learning and active student participation.
Annotation: Within the schedule set by the centre or degree programme, 15 minutes of one class will be reserved for students to evaluate their lecturers and their courses or modules through questionnaires.
Title | Weighting | Hours | ECTS | Learning Outcomes |
---|---|---|---|---|
collection problem sets, debates, class presentations | 30% | 3 | 0.12 | 2, 3, 4, 5, 7, 12, 1, 13, 14, 15, 16, 17, 22, 21, 18, 11, 19, 20, 24, 23, 26, 27, 25, 6, 10, 8, 9 |
Final Exam | 40% | 2 | 0.08 | 2, 3, 4, 5, 7, 12, 1, 13, 14, 15, 16, 17, 22, 21, 18, 11, 19, 20, 24, 23, 26, 27, 25, 6, 10, 8, 9 |
Midterm | 30% | 1.5 | 0.06 | 2, 3, 4, 5, 7, 12, 1, 13, 14, 15, 16, 17, 22, 21, 18, 11, 19, 20, 24, 23, 26, 27, 25, 6, 10, 8, 9 |
The course assessment will consist of:
A final exam (please consult the Faculty's academic calendar). In this exam the student will be assessed on the basis of all the concepts discussed throughout the course. This exam is essentially envisaged as a filtering device to pass the course, with a minimum mark of 3.0 (three point). In case that the mark obtained in the exam is 3.0 (three point) or more, the examination mark will count as much as 40% of the course final mark. The remaining 60% will be based on the student's performance during the course.
If the mark of the final exam is lower than 3.0 (three point), this is the course final mark.
The course is passed when the final mark is equal or higher than 5.0 (five).
Student's performance during the course. A good performance throughout the course requires: i) class attendance and student active participation. Class attendance will be monitored and is expected to be no less than 80%; (ii) a partial examination (midterm) with a maximum weight of 30% and (iii) programmed exercises and activities. They consist of (iii.1) a collection of problems that covers the main topics of the subject with a maximum weight of 15%. These problem sets can be solved by a group of 2 or 3 students; (iii.2) the Activity: create your own exercise, is compulsory although its maximum weight is 15%. Important: this activity is mandatory and it is not possible to pass the course if the Activity: create your own exercise is not submitted, regardless of the mark of the final exam and the rest of assignments of the subject. In the event the Activity:create your own exercise is not submitted, the course final grade will be 3.0 and the course will be failed. This is an individual activity. The student shows what he/she has learned and how it can be used as a tool for analyzing the industry reality and the competitive advantage among firms. All these aspects (i) classattendance, (ii) midterm exam and (iii) the delivery of programmed exercises and activities will be supervised during the course and result in a mark, which count for as much as 60% (30%+15%+15%) of the course final mark.
Anyone who does not appear for any evaluable test will be considered as "not evaluable". Therefore, anyone who does any continuous assessment component will no longer be able to receive a "non-evaluable".
At the end of the course the final mark will be disclosed. The student final mark is the result of weighting the three aspects object of evaluation: the final exam (minimum mark of 3.0 and course final in the case of a lower mark); the midterm exam and the collection of problem sets and the mandatory activity (create your own exercise). The weight of the exam is 40% and the weight of the collection of problems, the midterm exam and the activity is the remaining 60%.
A re-evaluation will be held for those students who, having not passed the course, have obtained a course final mark between 3.0 and 4.9.
The re-evaluation will consist of doing another final exam, comprising all the concepts developed during the course. The student's performance during the course will not be re-evaluated. The final mark of the re-evaluation process is only given by the re-evaluation exam.
As a result of the re-evaluation the maximum course mark will be 5.0 (five).
This subject does not include a unique evaluation system.
Calendar of evaluation activities
Books:
Grifell-Tatjé, E. and C.A.K. Lovell (2015), Productivity Accounting. The Economics of Business Performance. Cambridge University Press: New York.
Porter, M. (1998), Competitive Strategy y “What is Strategy?” (HBR).
Shapiro, C. & Varian, H. (1999), Information Rules, Harvard Business Press.
Tirole, J. (1988), The Theory of Industrial Organization, MIT Press.
They are the last available editions.
The subject will provide the solfware if needed.
Please note that this information is provisional until 30 November 2025. You can check it through this link. To consult the language you will need to enter the CODE of the subject.
Name | Group | Language | Semester | Turn |
---|---|---|---|---|
(PAUL) Classroom practices | 4 | English | first semester | morning-mixed |
(TE) Theory | 4 | English | first semester | morning-mixed |