Industrial Economics


Objectives

Why has Allocin caused an upheaval in the distribution of films in France? What is the difference between the telecommunications industry in Europe and in America? Why are there so many different companies involved? What is the difference between a supplier of access to the Internet and to a banking network? What is the purpose of a brand? Is it possible to do away with car dealerships?
Does Microsoft need to be divided up? Who decides on Internet rates? Who benefits from banking regulations?
Industrial economics is particularly interested in questions of this kind and has developed concepts and theories aimed at analysing them.
From a practical viewpoint, the minor is aimed at making students more familiar with analytical concepts which will enable them to tackle these issues in a rigorous fashion, to observe some of them as case studies and, more generally speaking, to perceive the diversity of practical situations existing in the industrial world (in the largest sense of the term, namely the production of goods and services) and through development processes. The internship provides students with an opportunity to find answers to a practical question raised by a company.
From a theoretical viewpoint, the students will be required to arrive at an assessment of the way companies are evolving in a competitive environment of which globalization, e-business and the digitization of the economy are major features, while linking analysis of the dynamics of company growth (first series of questions below) to that of developments in structure and the environment (second series).

Content

The Minor prepares students for conducting strategic analysis in companies and banks. To perform such duties, students need to have acquired preliminary experience of production, marketing services and research and development.
Specialized courses required and advised: the economic forte of the Minor does not mean that students need to acquire as much technical knowledge as possible of industry. Various courses in economics and management are required such as industrial economics, economic calculus, cost evaluation, production systems, the theoretical foundations of the market economy, world economics, marketing and finance.
The Minor is the responsibility of the Industrial Economics Centre at the cole des Mines (CERNA) and each student is individually supervised.
The scientific content of the Minor is divided into two main modules:
Analysis of corporate problems
This introduction takes the form of an enterprise game involving the students (this game is conducted jointly with the design engineering and scientific management Minors) and also comprises lectures by industrialists who present a strategic decision which they have contributed to making and implementing.
Undertaking an industrial survey:
This module focuses on in-depth visits to companies which should lead to the definition of a specific problem and the way it can be solved by the students. On the basis of a theme or a given industrial situation, work is organized in the following way: preparation (reading and presentation) and construction of the survey, visits to companies, report on and definition of the problem, and collective drafting of the final report submitted to the interlocutors involved.
Minor internship:
This focuses on a task of economic analysis for and within a company. The subjects usually involve an issue which is at the heart of the host company’s preoccupations and is related to current themes in industrial economics, i.e. the digitization of companies.

Program Language Duration Supervisors
French 266 Hours Olivier Bomsel
Yann Meniere
ECTS Credits : 42

Last modification :Wednesday March 6 2013