ECON5112 Organisational Economics

6 Units of Credit

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This course introduces an economic approach for solving organisational problems. It takes the perspective of a manager or entrepreneur who seeks to design and manage an effective organisation. How should incentives be designed in organizations? How should conflict within an organization be resolved? When should organisations outsource and when should they produce internally? How do the answers to these questions depend on external factors such as market competition and technological developments? Tools from game theory and information economics are introduced and applied to analyze these (and other) questions.