This course examines the underlying economics of successful business strategy: the strategic imperatives of competitive markets, the sources and dynamics of competitive advantage, managing competitive interactions, and the organizational implementation of business strategy.
The course combines case discussion and analysis (approximately two thirds) with lectures (one third). The emphasis is on the ability to apply a small number of principles effectively and creatively, not the mastery of detailed aspects of the theory. Grading is based on class participation and online case quizzes (35%), case write-ups (25%), and a take-home case-based exam (40%). The course offers excellent background for all consultants, managers and corporate finance generalists.
Eli Ginzberg Professor of Finance and Economics
Wouter Dessein is the Eli Ginzberg Professor of Finance and Economics at Columbia Business School. He served as chair of the Economics division from 2017 until 2021 and as the Editor-in-Chief of the Journal of Law, Economics and Organization from 2013 until 2019. He is also an Associate Editor of the American Economic Journal: Microeconomics. Dessein's research interests center on the economics of organizations: the allocation...