ECO370Y5 • The Economics of Organizations

The determinants of the boundary between organizations and markets. Problems of centralization vs. decentralization, authority, coordination and motivation within organizations. Incentives, ownership and property rights. The nature of the employment relationship: explicit and implicit contracts, compensation, relative performance evaluation, career paths, job assignments and promotion.

(ECO200Y5 or ECO204Y5 or ECO206Y5) and [ECO220Y5 or ECO227Y5 or 1.0 credit from (STA256H5 or STA258H5 or STA260H5)]
Social Science
In Class