Study programme 2020-2021Français
Industrial Economics
Programme component of Master's in Business Engineering à la Warocqué School of Business and Economics

Students are asked to consult the ECTS course descriptions for each learning activity (AA) to know what special Covid-19 assessment methods are possibly planned for the end of Q3

CodeTypeHead of UE Department’s
contact details
UW-M1-IGGEST-023-MCompulsory UEVENMANS FrankW707 - Analyse microéconomique
  • VENMANS Frank

of instruction
of assessment
HT(*) HTPE(*) HTPS(*) HR(*) HD(*) CreditsWeighting Term
  • Anglais
Anglais30000044.001st term

AA CodeTeaching Activity (AA) HT(*) HTPE(*) HTPS(*) HR(*) HD(*) Term Weighting
W-ANMI-005Industrial Economics300000Q1100.00%
Programme component

Objectives of Programme's Learning Outcomes

  • Mobilise expertise in at least one area of management.
    • Master the principal decision-making processes of a company.
    • Mobilise acquired skills in a specific professional environment.
    • Contribute to the development of innovative tools and solutions.
  • Be independent and regularly adapt to new contexts.
    • Monitor knowledge and methodological approaches in order to evolve their thinking and practice.
  • Adopt a scientific approach of analysis and reasoning.
    • Master the different steps and methods to carry out research on complex or innovative management issues.
    • Construct a reference framework, formulate questions or hypotheses from the analysis of scientific literature.
  • Develop innovative strategies.
    • Master the principal decision-making processes of a company.

Learning Outcomes of UE

The course aims at providing students with a deeper understanding of competition, product differentiation, organisational structures in non-competitive markets. Both theoretical modelling as well as intuitive interpretations in concrete situations are thought.

Content of UE

Monopolies and anti-trust policy, monopsone competition, duopolistic competition (Cournot, Stackelberg, Bertrand), price differentiation models, strategic interaction and problems of double monopolistic margins in the context of outsourcing, innovation policies, network economics (Airbnb, Uber), different market failures and their remedies.

Prior Experience

General concepts of micro-economics: game theory, asymmetric information, market efficiency are required. Basic mathematical insights such as linear, quadratic and logarithmic functions, their derivatives and systems of equations.

Type of Assessment for UE in Q1

  • Written examination

Q1 UE Assessment Comments

Not applicable

Type of Assessment for UE in Q3

  • Written examination

Q3 UE Assessment Comments

Not applicable

Type of Resit Assessment for UE in Q1 (BAB1)

  • Written examination

Q1 UE Resit Assessment Comments (BAB1)

Not applicable

Type of Teaching Activity/Activities

AAType of Teaching Activity/Activities
  • Cours magistraux
  • Conférences

Mode of delivery

AAMode of delivery
  • Face to face

Required Reading


Required Learning Resources/Tools

AARequired Learning Resources/Tools
W-ANMI-005Pindyck R., Rubinfeld D., (2017) Microeconomics, Pearson.

Recommended Reading


Recommended Learning Resources/Tools

AARecommended Learning Resources/Tools
W-ANMI-005CORE ECON, The Economy 1.0, online learning platform

Other Recommended Reading

AAOther Recommended Reading
W-ANMI-005Not applicable

Grade Deferrals of AAs from one year to the next

AAGrade Deferrals of AAs from one year to the next
(*) HT : Hours of theory - HTPE : Hours of in-class exercices - HTPS : hours of practical work - HD : HMiscellaneous time - HR : Hours of remedial classes. - Per. (Period), Y=Year, Q1=1st term et Q2=2nd term
Date de génération : 09/07/2021
20, place du Parc, B7000 Mons - Belgique
Tél: +32 (0)65 373111