ECO 305 The Economics of Organization in a Global Economy (3)

The Economics of Organization in a Global Economy will use economic analysis to examine the nature of organizations operating within a global economy. The course begins with a detailed study of the role that markets and non-market organizations play in shaping the organization of economic activity. The crucial role of information in determining the form and function of modern organizations will take the course into such modern tools as game theory, the economics of information, and transaction cost economics. The course then proceeds to examine the global environment in which organizations operate and how organizations both impact and are impacted by that environment.

Prerequisite: ECO 201.

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