| Module Identifier | EC31410 | ||
| Module Title | ECONOMICS AND ORGANISATIONS | ||
| Academic Year | 2000/2001 | ||
| Co-ordinator | Professor John Cable | ||
| Semester | Semester 1 | ||
| Co-Requisite | EC31310 and, EC31510 or EC30230 | ||
| Course delivery | Lecture | 10 Hours | |
| Seminars / Tutorials | 4 Hours | ||
| Assessment | Exam | 1.5 Hours | 100% |
Aims
This module aims to explore the role of markets, firms and economic institutions in the coordination of economic activity.
Learning outcomes
On completion of the course students will have an understanding of: markets vs firms as co-ordinating mechanisms; strategic choice when decisions interdepend; the behaviour of the firm as a coalition of members; principal-agent relationships; incentive contracts; the role of transaction costs.
Module outline
The current year's module outline can be found via The School's website
Reading Lists
Books
S Douma and H Schreuder,. (1998)
Economic Approaches to Organisations. 2nd. Prentic Hall
P Milgrom and J Roberts. (1992)
Economics Organisation and Management. Prentice Hall
A Dixit and B Nalebuff. (1991)
Thinking Strategically. Norton
P J Buckley and J Michie. (1996)
Firms, Organisations and Contracts. Oxford University Press