course-details-portlet

TIØ4285 - Production- and Network Economics

About

Examination arrangement

Examination arrangement: Written examination
Grade: Letters

Evaluation form Weighting Duration Examination aids Grade deviation
Written examination 100/100 4 hours C

Course content

This course will provide students a view on economical methods and theory for coordinating, managing and modelling industrial value chains. Economic instruments and incentives in relation to corporate and optimization models are considered. Possible topics are: supply chain management, forecasting, transfer prices, design and analysis of contracts, agent theory, auctions theory, policy evaluation.

Learning outcome

The position and function of the course:
The course is a mandatory course in the 8th semester for students at the MTIØT program taking managerial economics and operations research (AØO) as their main profile.

Knowledge and skills developed in the course:
After taking this course the students should have advanced knowledge about economic analysis focusing on value chains and networks. They should know how to:
- explain the difference between operations research models and economic models and how they supplement each other;
- model and do economic analysis in industrial value chains;
-compare and understand effects of different price structures, auctions, contract types and incentives;
- consider and analyse how uncertainty and information asymmetry affects decisions in value chains;
- use equilibrium modeling techniques to analyse decisions and prices in competitive and imperfect markets;
- evaluate policy instruments.

Learning methods and activities

Lectures and mandatory exercises. The course is given in English if there are Non-Norwegian-speaking students taking the course.

Compulsory assignments

  • Assignments

Further on evaluation

The final written exam counts for 100% of the final grade. At the postponed/repeated exam (kontinuasjonseksamen), the written exam may be changed to oral.

Specific conditions

Exam registration requires that class registration is approved in the same semester. Compulsory activities from previous semester may be approved by the department.

Course materials

To be announced by the start of the semester.

More on the course

No

Facts

Version: 1
Credits:  7.5 SP
Study level: Second degree level

Coursework

Term no.: 1
Teaching semester:  SPRING 2021

No.of lecture hours: 3
Lab hours: 2
No.of specialization hours: 7

Language of instruction: English

Location: Trondheim

Subject area(s)
  • Technological subjects
  • Economics and Administration
Contact information

Examination

Examination arrangement: Written examination

Term Status code Evaluation form Weighting Examination aids Date Time Digital exam Room *
Spring ORD Written examination 100/100 C
Room Building Number of candidates
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.
Examination

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

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