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Framingham State University

 

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Detailed Course Information

 

Spring 2023
May 02, 2024
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Information Select the desired Level or Schedule Type to find available classes for the course.

ECON 923 - The Economics of Organizational Design
An examination of the optimal means of coordinating relationships between buyer and seller; between employer and employee; and between the firm and lenders of capital; and providers of intermediate product. The three principal forms of organization, the price system, relational contracts, and ownership are examined and contrasted. Study focuses on the theory of transaction cost economics and rudimentary game theory. Topics include the principal-agent problem, the make or buy decision, adverse selection, corporate culture, and the tension between self-interest and cooperation. Prerequisite: Acceptance into M.B.A. program.
1.000 Credit hours
4.000 Lecture hours

Levels: Graduate, Non-Matriculated
Schedule Types: Independent/Directed Study, Lecture

Accounting, Economics, Finance Department

Course Attributes:
Master of Business Administrtn

Restrictions:
Must be enrolled in one of the following Majors:     
      Biotechnology Operations
      Healthcare Mgmnt (MBA)
      Management

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