ECON 4010
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- Schedule of Classes - September 10, 2024 10:17AM EDT
- Course Catalog - September 10, 2024 9:48AM EDT
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ECON 4010
Course Description
Course information provided by the Courses of Study 2024-2025. Courses of Study 2024-2025 is scheduled to publish mid-June.
Why do most economic activities happen within managed organizations (i.e., firms) and not in markets (i.e., purchased from others)? More fundamentally, what is a firm? This course provides an introduction to *organizational economics* that seeks to understand the nature and workings of organizations—a collection of different people with dispersed information, responsibilities and non-aligned interests. You will learn about the theories of the boundaries of the firm that help unravel the neoclassical economics' "blackbox" view of the firm and the theories on the provision of incentives that ultimately shape firms. While the class takes a predominantly theoretical approach, you will also learn how the theories are in conversation with empirical evidence.
When Offered Fall or Spring.
Prerequisites/Corequisites Prerequisite: ECON 3030 and either ECON 3130 or ECON 3110.
Distribution Category (SSC-AS) (SBA-AG)
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