A country’s prosperity depends on its competitiveness which is based on its productivity in producing goods and services. Agents such as consumers, firms, counties and public sector agencies play an important part in creating value and supporting their economic development as well as that of their country, region or county. To achieve competitiveness public officers must learn how to allocate scarce resources among the various options. The allocation of resources is determined by interactions in markets.
While good macroeconomic policies, stable legal and political institutions, and improving social conditions create the potential for competitiveness, wealth is actually created at the microeconomic level. This course explores the determinants of competitiveness and successful economic development viewed from a bottom-up, micro-level perspective. It is designed to enable public managers both in central government and county government to hone a unique set of skills that will help them play a catalytic role in enhancing county and public sector competitiveness towards sustained economic growth.
Primary purpose of the course is to analyze the factors that enhance competitiveness within public sectors using microeconomic thinking, concepts and tools. It will provide microeconomics tools that could be used to gain competitive advantage in public policy. This will enable counties to take the lead in economic development and to fully utilize areas of competitive advantage compared to other counties.
This course provides an intensive, five-day introduction to microeconomics of competitiveness analysis theory and practice. The program heavily employs the case methodology as one of the learning techniques; this gives participants a chance to analyze real public sector microeconomic scenarios as they immerse themselves in the various contemporary competitive strategy challenges. This will be in addition to various class simulations, videos, thought-provoking lectures by our key faculty and enlightening class discussions by fellow participants. By the end of the course, participants will have a conceptual framework which will help them turn their own experience into expertise in gaining competitive advantage.
Who Should Attend?
This course will be beneficial to individuals involved in the analysis, formulation and implementation of public policy and public Sector competitive strategies. It would also be of interest to individuals in NGOS, Think Tanks and Research Centers who deal with public policy formulation. It is for people who want to improve their microeconomic thinking to enhance competitive and comparative advantage in different economic sectors.
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Last updated September 27, 2017