2017-2018 Academic Bulletin 
    
    Apr 19, 2024  
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2017-2018 Academic Bulletin [ARCHIVED CATALOG]

ECON 448 - Organizations and Contracts


Credits: 4
An exploration of the costs of organizing economic activity. Topics include the determination of the scale and scope of the firm, the consequences of separating control from ownership, and the transaction costs of contracting in the marketplace. Theoretical work is followed by case studies of several industries, including aerospace, coal, oil, air traffic control, and automobile.

Prerequisite: ECON 200  and ECON 202 , or permission of the instructor.

Distribution Requirements: SB.
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