An introduction to the principles and practice of industrial economics and the role of manufacturing in the global economy. The course explores the different strategies that firms may adopt for growth.

Course leader

Dr Florian Urmetzer

Module learning outcomes

The course is designed to situate firm practices and decisions in their wider economic context. The course aims to develop student understanding of the global economy and the evolving structure of industries and firms. It explores the key aspects of strategy formulation and the management of firms that shape the development of business.

Assessment

100% by examination, Paper 5, combined with 3P8 Financial and Management Accounting