ECON 615 - Property Rights, Organizations and Management

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This course applies microeconomic theory to managerial behavior in profit-making and not-for-profit organizations. Topics include transaction costs and property rights systems; contracting, information and incentives; coordination, motivation and compensation of managers and labor; financial analysis and incentives; internal structure and dynamics of organizations that include innovation; and application of analysis of corporations to alternative organizational forms, including nonprofit and public-sector organizations and markets and economies as forms of organization.