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316-330 Organisations, Economics and Incentives | |
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Availability | Not offered in 2004. |
Credit Points | 12.5 |
HECS Band | 2 |
Coordinator | To be advised |
Prerequisites | 316-202 Intermediate Microeconomics. |
Semester | Not Offered (view timetable) |
Contact | Two 1-hour lectures and a 1-hour tutorial per week |
Subject Description | This subject examines applications of tools of asymmetric information, incentives, incomplete contracts and organisational design. Specific topics include compensation and motivation - principles of incentive pay; corporate governance - the economics of executive and management remuneration; ownership and corporate control - the economics of firm size, takeovers and financial structure; ownership and incentives - analysis of asset ownership and privatisation; and incentives and regulation - economic principles of firm regulation and the interaction between business and government. |
Assessment | A 2-hour end-of-semester exam (80%) and assignments totalling not more than 2000 words (20%). |
Status: Official 2004 Last Modified: Monday June 21 22:12 SGML to HTML Conversion: Information Division - CWIS (SDI) Authorised by: Academic Registrar Enquiries: http://unimelb.custhelp.com/
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