
This course aims to provide principles to foster the goals of the organization, a better understanding of the
external business environment in which an organization operates and develop tools useful in other courses since
economics is the foundation for much of what is taught in finance, marketing, business strategy and many other courses. Candidates will master the new the modern theories of new industrial
economies and explore issues of interdependencies between firms in the game theory. Students will explore
real-world behavior of decision makers with the transaction cost economics and the new intuitional
economics. Examples and cases integrated into the analytical framework will bring out to students the
practical understanding and relevance of the theoretical material.