Global Business Environment

Course Introduction

The course will cover the following topics:

  1. Why opportunity cost matters for business
  2. Drivers of firm performance in competitive markets
  3. Determinants of pricing power and the logic of price discrimination
  4. Winning in situations involving few players and the logic of strategic interaction
  5. Transaction costs and the Make versus Buy decision
  6. Supplying incentives when at an informational disadvantage
  7. Evaluating national business environments and growth performance in industrialised countries and emerging markets
  8. Understanding long run economic growth dynamics and their commercial significance
Course Lecturers

Dr. Stefan Legge is a Postdoctoral Researcher and Lecturer in economics at the University of St.Gallen. He also serves as a Fellow for the World Economic Forum, working on projects concerning the future of consumption. This adds to his core fields of research which are international trade, macroeconomics, and political economics. In St.Gallen, he has taught students in economics at undergraduate, graduate and MBA level. Stefan holds a bachelor’s degree from the University of Mannheim as well as a master’s and doctoral degree in economics from the University of St.Gallen. During his graduate studies, he visited the University of California at San Diego, the University of California at Berkeley, as well as Princeton University. Stefan previously worked as an intern for BMW in Munich and as a research assistant at the SEW-HSG Institute in St.Gallen. His research papers have been published in leading economics journals and he received several national and international awards.

Note: All information is accurate for the 2019-2020 academic year and is subject to change for future classes