BE 510 Business Economics 1 - Autumn 2017

Lecturer: Prof. Dr. Henrik Orzen

Problem classes: Ms Chia-Yu Tsai, Mr Francesco Paolo Conteduca and Mr Xijian Su

This module will start with a brief review of standard models of choice, including choice under risk, and then move on to an extended introduction to non-cooperative game theory. Strategic decision making and relevant solution concepts for games of complete and incomplete information will be covered in detail. The course will close with a discussion of basic notions in the economics of information. An important aim is to convey an understanding and a working analytical knowledge of how economists model decision making.


  • This one-semester module is available only to students on the Mannheim Master in Management (MMM) program.
  • There are no formal prerequisites but it will be assumed that participants are familiar with introductory microeconomics at bachelor level.
  • The module is offered in two parallel, identical streams of weekly sessions. In addition students attend weekly problem classes.
  • Lectures and problem classes will be held in English.

Downloads: Module materials are available on ILIAS.

Exam script viewing: For those who have passed the December exam this will take place in March. The exact date is yet to be confirmed and will be announced here. A general feedback document is available for download on the ILIAS learning platform. If you have failed the December exam and wish to look at your script in preparation for the resit exam, you can do so by sending an email to our office (Friederike Pipphardt) to book a place for this.



BE 511 Business Economics 2 - Spring 2018

Lecturer: Prof. Dr. Henrik Orzen

Problem classes: TBC

Building on BE 510 Business Economics 1, this module provides an introduction to economic models of strategic decision-making and behavior of firms in the context of oligopolistic competition. Topics include output and pricing strategies, the economics of collusion, market structure, market entry decisions and product differentiation. Some of these topics require a degree of analytical rigor and we will make use of some game-theoretical and mathematical methods.