Microeconomics of Competitiveness
Spring Semester 2021
Schedule: Monday 12:15-13:00; 13:15-14:00; 14:15-15:00
Course Description - Microeconomics of Competitiveness
Microeconomics of Competitiveness: Firms, Clusters, and Economic Development (MOC) is a university-wide graduate course offered to students from the Harvard University as well as to students from affiliated foreign university such as the Center for Competitiveness of the University of Fribourg. The course has been created in a multiyear development effort by Professor Michael E. Porter and the staff and affiliates of the Institute for Strategy and Competitiveness at Harvard Business School.
The MOC course explores the determinants of competitiveness and successful economic development viewed from a bottom-up, microeconomic perspective. While sound macroeconomic policies, stable legal and political institutions, and improving social conditions create the potential for competitiveness, wealth is actually created at the microeconomic level. The sophistication and productivity of firms, the vitality of clusters, and the quality of the business environment in which competition takes place, are the ultimate determinants of a nation's or region's productivity.
The course platform consists of case studies and other written materials plus an extensive library of video content that can be used in class including lectures by Prof. Porter for all sessions and videotapes of case protagonists including heads of state, senior ministers, governors, and others.
Sessions will run every Monday for three hours, from 12:15 until 15:00.
Each session will comprise:
A typical case discussion (60 minutes);
A typical lecture (75 minutes).
Every week, students may have an individual internet access to the corresponding lecture given by Prof. Michael Porter on the same issue within his own MOC course at Harvard.
Students will be asked to apply their learning in a group project that analyzes the competitiveness of a selected smart city and one of one of its clusters. Groups include cir. 3-4 students.
Course Registration Procedure
- Each student needs to be registered for the course (Basile de Raemy or Samuel Ferreira Gomes, Office G 504) in addition to the faculty registration. Once registered, the student will have access to the course material via the MOC HBS Platform. Each student will get a an individual password to access a course support which comprises inter alia the case studies as well as other publications.
- Registration fee (70 CHF) includes the course support, copyrights, electronic access and individual password to Harvard Business School. Please bring the exact change.
- The registration fee (70 CHF) has to be paid to Basile de Raemy or Samuel Ferreira Gomes, Office G 504.
There won’t be an exam (oral or written) at the end of the Spring term. The grading will be based on the average of the two following assessments:
- Assessment 1: Class/online participation mainly during the case study discussions;
- Assessment 2: Group project report and presentation.
Please note that students have to register for the exam during the Spring term according to the faculty regulations, even though there won’t be an actual exam at the end of the term. Students who don’t register for the exam lose the right to validate the course.
For students who may fail at the Spring term assessment, a written exam – 90 minutes - will be organized at the fall exam session (end of August 2021 – beginning of September 2021).
The course is taught in English. However, the language shouldn’t be an obstacle to attend the course. It is expected that most students may have a mitigate level of English.