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Instructors: Prof. Ph.D. Frank Pisch
Event type:
Lecture & Exercise
Org-unit: Dept. 01 - Law and Economics
Displayed in timetable as:
ModernFirm;Mgnm.Stra
Subject:
Crediting for:
Hours per week:
2
Language of instruction:
Englisch
Min. | Max. participants:
- | -
Course Contents:
In this course, we use economic tools and approaches to analyse how modern companies are managed and organised both conceptually and empirically. The curriculum is split into the economic analysis of within-firm and between-firm topics of interest. In the first part, we cover management practices, decision-making and hierarchies, as well as personnel economics and internal (labour and capital) markets. In the second, we investigate relationships between companies in the form of formal and relational contracts, the vertical and horizontal boundary of the firm (e.g. make-or-buy decisions), and Mergers & Acquisitions. This introduction to key corporate issues in Organisational Economics is taught in business school style and endows students with a set of conceptual ideas to analyse strategic aspects of firm organisation and business environments.
Additional Information:
Please note when choosing a module: If the module "01-62-0M02/6 International Trade and Investment / Entrepreneurship" has already been completed or examined, the new modules "01-62-0M06/6 International Economics" and "01-62-0M05/6 Economics of the Modern Firm" cannot be selected due to overlapping content.
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