Business Economics

Introduksjon

Please note that this is a preliminary course description. The final version will be published in June 2026.

This course explores fundamental microeconomic principles for business. The focus is on how incentives and constraints shape business decisions. Students will examine topics such as pricing strategies, market entry and exit, investment decisions, and competitor reactions. Key areas of study include firm behavior in competitive markets, strategic interactions among agents with conflicting interests, contractual relationships, the economics of organizational structure and corporate governance, asymmetric information, innovation and productivity growth, and the relationship between employers and employees. Additionally, the course examines the societal impact of business decisions, including sustainability issues.

Kursets innhold

• Market power and pricing
• Competition & market analysis
• Strategic decision-making
• Contracts, ownership and B2B relations
• Corporate governance and the boundaries of the firm
• Asymmetric information
• Managerial and personnel economics
• Sustainability and societal impact of business decisions