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Nov 22, 2024
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ECO 173 - Economics of Organization and the FirmSemester Hours: 3
Periodically
An exploration of different approaches to the application of economic principles to the analysis of firms and other organizations. Emphasis is on theories that regard firms as collections of resources and capabilities, or as means for coordinating and managing economic activities such as production, decision-making, and information-processing. Topics covered include: the role of organizations and markets in the division of labor, determinants of the scope and heterogeneity of business enterprises, the internal organization of the firm, and the relationship between ownership and control of the firm. Course is designed to promote the development of students’ competency in critical analysis and the oral presentation of economic research.
Prerequisite(s)/Course Notes:
ECO 002 . (Formerly 150, Modern Economic Theory.)
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