ECON 243 - Economics of Business Strategy

Credits: 3

Prerequisite: ECON 100 or 101. Preference to ECON majors during the first round of registration. Other majors are encouraged to add to the waiting list after registration re-opens for all class years. A survey of the structure and performance of industry, from entry and exit of new technologies and products, to economies of scale and scope in mature industries, to how firms are organized and what they “make” versus “buy.” As metrics, we focus on what such behavior implies consumers and for corporate strategy. Students develop an industry case study as a term project. Smitka.