Academic Bulletin 2020-2021 
    
    Mar 28, 2024  
Academic Bulletin 2020-2021 [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.