Econ5323 Organisational Economics Lecture 1- Introduction and Tools

ECON5323 Organisational Economics
Introduction and Tools

, Basic information




• Lecturer: Dr Frederique Goy
• Email:
• Online consultation: Tuesdays 1.00 pm
• Online lectures: Weeks 1-3 and 5-9

• Tutor: Sydney Demaria
• Email:
• Seminars (online and in person): Weeks 2, 3, 5, 6, 8 and 9
• Links to lectures and seminars on Moodle

, Assessments




• Teamwork questions (20%):Two sets of open-ended questions to be
brainstormed and written as a team and due at the end of weeks 3 and 9
• Problem sets (40%):Two multi-part problems per set due at the end of
weeks 5 and 7
• Final exam (40%):Held during uni exam period (TBC)

, Organisational economics




• What do we mean by “organisational”?
• Why “organisational economics”?
• Economic organisations are created entities within and through which
people interact to reach individual and collective goals.
• The highest level organisation is the economy as a whole.
• One level down, we find firms, unions, committees, clubs,
churches, government agencies, etc..
• This course is organisational economics, so we’ll be mostly
focusing on firms
• First, a bit of a refresher on basic microeconomic theory of firms...