| 授業名 | Economics of Strategy & Policy |
|---|---|
| Course Title | Economics of Strategy & Policy |
| 担当教員 Instructor Name | Ralf Boscheck |
| 授業形態 Class Type | 講義 Regular course |
| 授業形式 Class Format | On Campus |
| 単位 Credits | 2 |
| 言語 Language | EN |
| 学位 Degree | BBA |
| 開講情報 Terms / Location | 2025 UG Nisshin Term3 |
| コード Course Code | NUC470_N25B |
授業の概要 Course Overview
Mission Statementとの関係性 / Connection to our Mission Statement
This intensive undergraduate course examines economic forces driving competition in industries and markets and explores implications for business strategy and public policy.
授業の目的（意義） / Importance of this course
学修到達目標 / Achievement Goal
Upon successful completion of the course, participants will be able to undertake comprehensive industry analyses, apply economic reasoning when discussing regulatory, microeconomic, and macroeconomic policies and discern their impact on company and country performance. The course develops general insights from case discussions and classroom interaction.
本授業の該当ラーニングゴール Learning Goals
*本学の教育ミッションを具現化する形で設定されています。
LG6 Managerial Perspectives (BBA)
受講後得られる具体的スキルや知識 Learning Outcomes
This intensive undergraduate course examines economic forces driving competition in industries and markets and explores implications for business strategy and public policy. Upon successful completion of the course, participants will be able to undertake comprehensive industry analyses, apply economic reasoning when discussing regulatory, microeconomic, and macroeconomic policies and discern their impact on company and country performance. The course develops general insights from case discussions and classroom interaction.
SDGsとの関連性 Relevance to Sustainable Development Goals
Goal 4 質の高い教育をみんなに（Quality Education）
教育手法 Teaching Method
| 教育手法 Teaching Method | % of Course Time | |
|---|---|---|
| インプット型 Traditional | 10 % | |
| 参加者中心型 Participant-Centered Learning | ケースメソッド Case Method | 80 % |
| フィールドメソッド Field Method | 10 % | |
| 合計 Total | 100 % | |
事前学修と事後学修の内容、レポート、課題に対するフィードバック方法 Pre- and Post-Course Learning, Report, Feedback methods
The course requires the preparation of short cases/notes that will start our class discussions.
Each session ends with a review of a handout that covers the material discussed in class. Participants need to review the material prior to the following class.
References are being provided for further reading and self-study-
Written feedback will be given based on the quality of class participation(70%) and an individual one-to-two-page report (30%).
Each session ends with a review of a handout that covers the material discussed in class. Participants need to review the material prior to the following class.
References are being provided for further reading and self-study-
Written feedback will be given based on the quality of class participation(70%) and an individual one-to-two-page report (30%).
授業スケジュール Course Schedule
第1日（Day1）
November 3rd, 2025: Introduction & Overview:November 3rd, 2025: Industry & Competition Analysis
●使用するケース
Assignment a.m.:1. Role Play – Picture Case:
a. How would you compete in the Power Tool Industry?
Assignment p.m.:
1. Read “Two Steel Production Processes”!
a. What are strategic imperatives of integrated steel producers and mini mills?
2. Role Play – Picture Case:
a. How would you compete in the robotics industry?
第2日（Day2）
November 4th, 2025: The Microeconomics of Business Strategy & Regulation●使用するケース
Assignment a.m.:1. Read “WalMart Discount Store Operations” (HBS)
a. The time the case is written, what explains WalMarts competitive success?
b. Is it sustainable?
c. Does it carry over into the Sam’s Club business?
Assignment p.m.:
1. Read “Heidi wants a Fiat Cinquecento!”
a. What are the options for Fiat to most profitably enter the market, distribute products and grow its business? Which problems are easily foreseeable? How would you solve these problems?
第3日（Day3）
November 5th, 2025: The Macroeconomics of National Strategy●使用するケース
1. Read the note on “Concerns about Japan’s Competitiveness Ranking 2024”!a. In your view, what are the five most important drivers of a county’s competitiveness?
b. Over the last 10 years, how has Japan performed relative to these?
c. Which policy changes would be required to improve Japan’s competitiveness?
d. Which policy dilemmas would need to be addressed – and how?
Assignment p.m.:
1. Read the “Three Questions regarding Inequality”!
a. Answer these questions in private without sharing their results.
2. Answer the following questions
a. How do you see people acting in society? What is their prime motivation?
b. Do people have inalienable rights? To do what?
c. What justifies state authority? What sustains the state?
d. What are the common characteristics of government?
e. What triggers concern about the use of political power?
第4日（Day4）
November 6th, 2025: Towards an Increasingly Contestable World●使用するケース
Assignment a.m.:1. Read the note on “China’s 2017 10-year Plan”!
a. From a strategic perspective, what is the relevance of this plan?
b. Does China’s leadership of the “Global South challenge the notion of a freely trading world?
2. Read “Energy Transition, Renewables & Antidumping”!
a. Antidumping laws have turned into the protectionist weapon that is most dangerous to global trade. What could be done to curtail its abuse while maintaining its benefits?
Assignment p.m.:
1. Read “The Global South – Modernization under Mustafa Kemal Atatürk and Reza Shah”!
a. Are there any lessons that can be drawn from these two cases that would help gauge the potential success or failure of policy reforms?
第5日（Day5）
November 7th, 2025: Navigating the Future – The World & Yours●使用するケース
Assignment a.m.:1. Discuss and come prepared to answer two questions:
a. In your opinion, which key challenges and responses to them will determine the world going forward?
b. Is it always necessary for nations to agree on a collective response?
Assignment p.m.:
1. Discuss and come prepared to answer two questions:
a. If AI substantially impacts the Future of Work, how will this affect your career goals, the value of your work and the satisfaction that you will derive from it?
b. What does this mean for the education that you receive?
成績評価方法 Evaluation Criteria
*成績は下記該当項目を基に決定されます。
*クラス貢献度合計はコールドコールと授業内での挙手発言の合算値です。
*クラス貢献度合計はコールドコールと授業内での挙手発言の合算値です。
| 講師用内規準拠 Method of Assessment | Weights |
|---|---|
| コールドコール Cold Call | 30 % |
| 授業内での挙手発言 Class Contribution | 30 % |
| クラス貢献度合計 Class Contribution Total | 60 % |
| 予習レポート Preparation Report | 10 % |
| 小テスト Quizzes / Tests | 0 % |
| シミュレーション成績 Simulation | 0 % |
| ケース試験 Case Exam | 0 % |
| 最終レポート Final Report | 30 % |
| 期末試験 Final Exam | 0 % |
| 参加者による相互評価 Peer Assessment | 0 % |
| 合計 Total | 100 % |
評価の留意事項 Notes on Evaluation Criteria
教科書 Textbook
- 「 」 （）
参考文献・資料 Additional Readings and Resource
Additional readings will be identified at the end of each session.
授業調査に対するコメント Comment on Course Evaluation
Newly Assigned Course
担当教員のプロフィール About the Instructor
Ralf Boscheck, B.A., CC Iowa, Econ.Philosophy, U. Marburg; M.A. Public Policy, Georgetown U.; MBA (Fin./OR/Econ.), KU Leven; PhD Economics, HSG St. Gallen; Postdoc Harvard University (Economics Department); Habilitation Law & Econ., HSG St. Gallen; Senior Consultant, Monitor Company, Cambridge, Mass. USA & London, UK.: Business Unit & Corporate Strategy & M&A; Country Competitiveness.
Since 1991, core faculty for strategy and economics in IMD’s public programs (MBA, EMBA, PED, MCR, MTE, BSPE, OWP) besides designing and facilitating in-company and strategy workshops for senior executives of corporate clients & public authorities. These include ABB, Allianz, Atkins, Aventis, Bayer*, Bayer Crop Science*, Bertelsmann, Boehringer Ingelheim*, Bonnier*, China Light & Power*, Chopard, Cisco, Clariant, Constantina*, de Mello*, Danisco*, Dupont, E.on*, Grundfos, Henkel*, Hoechst*, Holcim, Lactalis, Lundin*, Metso, Nestlé, Nestlé Health Science, Norske Shell*, Novartis Pharmaceuticals*, Novartis Emerging Markets*, Novo Nordisk*, Oracle*, Oman Electricity Authority, PwC*, Roche, Santander, Siemens*, Thames Water*, TXU Europe, Wilhelmsen*, Worley-Parsons. (*means responsibility for client acquisition or key account management). Faculty Advisor for IMD’s International Consulting Projects supporting Emerging Market NGOs.
2004-20 Lundin Family Chair of Economics & Strategy, IMD; 2014-18 Dean of IMD’s fulltime MBA program & Director of IMD’s International Consulting Projects; prior to that director of IMD’s two most senior open enrolment programs (MCR & BPSE); 2018-21 Full Professor and Decano Escuela de Negocios, Universidad Adolfo Ibañez, Santiago de Chile with continued limited teaching commitment at IMD, Lausanne. Editorial Boards.
（実務経験 Work experience）
Publications:
Books with Cambridge University Press, Palgrave Macmillan, Routledge Publishers, Difo Druck,
50+ cases & notes
50+ single-authored peer-reviewed academic journal articles
Non-refereed articles in Capital, Diario Financiero, Financial Times, Handelsblatt, Les Echos, L’Impresa, Management & Competitividad, MK-Commercio-Exterior, Neue Züricher Zeitung, Puls Bisnesu, PYMES, Der Standard, Süddeutsche Zeitung and Die Welt.
Some Examples:
2024 Reviewing State-Ownership, Bejing Law Review, Vol.15, No.2 June Issue, pp. 878-898.
2024 The EU’s Digital Market Act: Regulatory Reform, Relapse or Reversal? Intereconomics, 59(3), pp.154-9. A modified version was published as Europe’s Digital Market Act: Bold Reform or Stifling Regulation, in IbyIMD, https://www.imd.org/ibyimd/geopolitics/europes-digital-markets-act-bold-reform-or-stifling-regulation/
2021 Covid-19 and the Political Economy of Shared Adjustment, Intereconomics, Vol. 56, No.5,
September/October 2021, pp.278-283. A modified version was published as Economía política y ajuste conjunto en perspectiva europea, in Osorio, H., Soto G.Y. (eds.) Negocios en América Latina después del COVID-19, Rubicona;
2017 Pharmacy Benefit Managers: Fixing Healthcare Market Failures or Straining Regulatory
Logics? World Competition: Law & Economics Review, Vol.40, No.3, pp. 459-470.
Syntheses entitled Pharmacy Benefit Managers: Fixing Healthcare Market Failures or Straining Regulatory Control and Enforcement and Regulatory Responses to the Pharmacy Benefit Manager Debate were reproduced a.o. by biosimilardevelopment.com;
2016 Patent Trolls: In Search of Efficient Regulatory Standards, World Competition: Law & Economics Review, Vol. 39, No. 1, pp. 67-84. A synthesis entitled Keeping an eye on patent trolls was reproduced a.o. by IPWatchdog.com; IPCircuit.com and Global IP News.com;
2015 Intellectual Property Rights and the Evergreening of Pharmaceuticals, Intereconomics, Vol. 50, No.4, July/August 2015, pp. 221-226.
Refereed Articles
- (2024) Reviewing State Ownership? An Outsider’s View on Egypt’s New State Ownership Policy. Beijing Law Review 15 (2): ISSN 2159-4635
- (2024) The EU’s Digital Market Act: Regulatory Reform, Relapse or Reversal?. Intereconomics: review of European economic policy 59 (3): ISSN 0020-5346
- (2021) Covid-19 and the Political Economy of Shared Adjustment. Intereconomics: review of European economic policy 56 (5): ISSN 0020-5346