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Organizational Economics (ECO-AD-ORGECON)


Department ECO
Course category ECO Advanced courses
Course type Course
Academic year 2023-2024
Term BLOCK 3
Credits 1 (EUI Economics Department)
Contact Simonsen, Sarah


This course is intended to introduce you to various topics in Organizational Economics with the goal of developing a deeper understanding of incentives and organisation in economics, and their influence on economic activity. The course intends to provide you with conceptual and theoretical frameworks that have wide applicability, with an eye toward applying these frameworks to understand observable phenomena, guide strategy and inform policy.



Course Description:

We start by reviewing agency theories of organisational economics (Incentive contracts, Relational contracts and Career Concerns). We then move to study within firm’s organisation. We start with a study of decision making in organisations (Team Formation Theories, Authority and Power etc.). We then proceed to a study of employment in organisations (Pay for Performance, Feedback and Communication etc.). Finally we will look at structures and processes in organizations (Models of hierarchy, Delegation etc.). Along with lecture notes, there is two recommended textbooks to
obtain an overview of the topic and there is further references for each section. The references are divided into four sections that roughly correspond to what I very optimistically hope to cover in the lectures.

In-class presentations: 20%
Take home Exam: 80%

Students are required to have in-class presentations of papers from the syllabus and to discuss papers presented in the class by others. A separate list of papers from which students can choose the papers will be uploaded. Students can also suggest papers for their presentation but I will have to approve it. The presentation will have 20% weight in the final assessment. There will be a take-home final exam worth 80% of your grade.

See full syllabus

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Page last updated on 05 September 2023

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