Study Programme conducted in English at Molde University College 2010/2011

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LOG755 Economics of organization

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Course Code
LOG755

Course Name
Economics of organization

Credits
7.50

Prerequisites

3-Year Programme (Bachelor's Degree) in Business Administration or Social Sciences.

Semester
Spring

Location
Molde

Language Instruction
English

Language Assignments and Evaluation
English or Norwegian

Instruction
5 hours of lectures per week in the first half of the semester.

Evaluation
4-hour written final examination, plus two case studies

Grades
Letter (A - F)

Learning outcome

By completing the course the students will acquire

  • knowledge on inter-organizational theory and the organization of business-to-business relationships,
  • insight and knowledge about how business firms are to perform economic transactions with other firms, and
  • knowledge about various conditions for efficient organization of business relationships.
 Content

The course presents a broad scope of issues within inter-organizational theory:
-transaction costs theory
-principal-agent theory
-resource-dependence theory
-relational contracting theory

Participation of students through questions, comments and presentations in the classroom is important for making a good atmosphere of learning.

Literature

Douma, S. and Schreuder, H.: Economic Approaches To Organizations, Prentice Hall International, (UK) LTD., 2008.
Van Weele, A. J.: Purchasing and Supply Chain Management, Thompson Learning, 2008.
Arnt Buvik (Compendium): Collection of Articles in Purchasing and Supply Theories for Master Students. Molde University College , Spring, 2010.