QAMO 4030 - Economics of Organization

This course is an application of economics to questions of how to organize economic activity, with particular emphasis on organization of firms. Topics include incentives, moral hazard in teams, property right and the theory of the firm, vertical integration and outsourcing, rent-seeking, complementarities, and externalities. Readings will rely heavily on current news articles to illuminate the direct applicability of economics to the current business world. Students will use econometrics skills to analyze data directly relevant to organizational decision-making.