ECON2105 Economics of Corporations

ECON2105
Undergraduate
6 Units of Credit
Economics

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Examines the economics of internal organisations in firms, corporations and other formal organisations. Addresses questions such as why do organisations arise in market economies, how are incentives designed in organisations, how do organisations coordinate the decisions of many diverse agents, how does organisational design affect business strategy? Issues of transaction cost economics, informational economics and principal-agent theory are discussed.

ECON2105