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MG203: Industrial Policy: Leading the Green and Digital Transitions

Subject Area: Business and Management

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Course details

  • Department
    European Institute
  • Application code
Session oneOpen - 17 Jun 2024 - 5 Jul 2024
Session twoNot running in 2024
Session threeNot running in 2024


Applications are open

We are accepting applications. Apply early to avoid disappointment.


Business needs government to harness local comparative advantages and national competitiveness; and governments need business to create wealth, jobs, and economic prosperity.

This course examines, under this prism, novel industrial policy initiatives in Europe and beyond, in response to the green and digital transitions and the supply chain disruptions since the Covid lockdowns.

Following a long period of deregulation and market liberalisation, the recent crises (COVID, supply chain disruptions) and continuing global challenges (automation, climate, energy transition) have led to the realisation that markets and businesses need to the assistance of the state to meet their social and economic goals. In this course, we examine analytically and empirically the industrial and related policies to achieve these aims in the European context. 

Combining an accessible treatment of theory with an applied focus, the course offers an excellent introduction to some of the key policy questions on the management of economic growth today. We will discuss the main frameworks for industrial policy, compare and evaluate recent strategies in the EU and other advanced capitalist democracies, and the articulation of industrial policies with other policy areas.

Lectures, seminars and other exercises, will allow students to explore real-world cases of industrial policy, both at the macro (national industrial strategies) and at the micro levels (specific sectoral interventions). We will analyse and compare the national industrial strategies of France (2), Germany (2) and the UK (2); and work on case studies such as the Franco-German car battery initiative and the UK Cell and Gene Therapy Catapult. Attention will also be directed to the EU ‘Strategic Autonomy’ policy discussions and the EU’s strategy for the ‘twin’ transitions, from its inception to its current state of the art.

Key information

Prerequisites: A university-level introductory course in a social science subject such as economics, business, management, European studies, political science, or international relations.

Level: 200 level. Read more information on levels in our FAQs

Fees: Please see Fees and payments

Lectures: 36 hours

Classes: 18 hours

Assessment: A 1,500-word essay (25%) and final exam (75%).

Typical credit: 3-4 credits (US) 7.5 ECTS points (EU)

Please note: Assessment is optional but may be required for credit by your home institution. Your home institution will be able to advise how you can meet their credit requirements. For more information on exams and credit, read Teaching and assessment

Is this course right for you?

This course is ideal for students who wish to gain an in-depth understanding of the scope and design of investment and industrial policies; as well as practical knowledge of the challenges associated with the goal of directing growth toward the green and digital transitions.

The course will also be relevant for students who are considering further education in this field at the LSE, such as the MSc Political Economy of Europe and the MSc European and International Public Policy.


  • Concrete knowledge and understanding of the relation between state and market, the failures that necessitate market correction and regulation by governments, and the problems with those policies
  • An understanding of the systemic variation in the economies of different European countries and their governance models
  • All-round knowledge of the range of EU policies to enhance economic performance (allocation, development, and convergence policies) and to direct growth towards the green and digital transitions (investment, innovation and growth strategies)
  • In-depth and critical understanding of different approaches to industrial policy; and specific knowledge of examples of modern industrial policies especially in the green and digital sectors. 


Jonathan Tam, Canada

The fundamentals of my course are covered at my home institution, but the summer school course gives me an extra breadth into how the industry works. It’s been a really good experience in diversifying my skill set.


The design of this course is guided by LSE faculty, as well as industry experts, who will share their experience and in-depth knowledge with you throughout the course.

Vassilis Monastiriotis

Professor Vassilis Monastiriotis

Eleftherios Venizelos Chair of Contemporary Greek Studies - Professor in Political Economy


The European Institute is a multidisciplinary centre for the study of European politics, economics and culture in a globalised world. Our core work centres around three key areas: research, teaching and learning, and public events.


The work of the EI's faculty, research staff, and our highly active doctoral community focuses on our four key research themes: Political Economy, Politics & Policy, Culture & Society, and Migration.


The European Institute offers a range of Masters Programmes and an extensive PhD Programme. We have one of the largest cohorts of European Studies students anywhere in the world with around 225 Masters students and 30 doctoral students from all regions of the globe.

We are outward looking and have a number of international partners, including Sciences Po (Paris), Bocconi University (Milan) and Fudan University (Shanghai) with whom we have a Double Masters programmes.


One of the hallmarks of the European Institute is our strong external profile. We host dozens of events a year, with an outstanding cast list of high-level speakers from politics, public administration and EU institutions, including presidents, prime ministers, foreign ministers, finance ministers, distinguished scholars and influential commentators.


Applications are open

We are accepting applications. Apply early to avoid disappointment.