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Organisational Economics - ECON5112
 Library lawn

   
   
   
 
Campus: Kensington Campus
 
 
Career: Postgraduate
 
 
Units of Credit: 6
 
 
EFTSL: 0.12500 (more info)
 
 
Indicative Contact Hours per Week: 3
 
 
Enrolment Requirements:
 
 
Prerequisite or Corequisite: ECON5110
 
 
CSS Contribution Charge:Band 3 (more info)
 
   
 
Further Information: See Class Timetable
 
  

Description

The course draws upon the influential transaction cost literature to examine the existence and boundaries of firms. Representing a firm as the focal point of a set of contracts, the fundamental conflicts that arise within firms are discussed and a coherent economic framework is introduced to analyse the design of organisational architecture. The effect of strategy and business environment on choice of organisational design is explored. Utilizing the recent advances in game theory and information economics, the course provides a toolkit for managers to analyse the key features of organisational architecture - decision-making authority, the reward system, and the performance evaluation system.

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© The University of New South Wales (CRICOS Provider No.: 00098G), 2004-2011. The information contained in this Handbook is indicative only. While every effort is made to keep this information up-to-date, the University reserves the right to discontinue or vary arrangements, programs and courses at any time without notice and at its discretion. While the University will try to avoid or minimise any inconvenience, changes may also be made to programs, courses and staff after enrolment. The University may also set limits on the number of students in a course.