Managerial Economics (Theory of the Firm)

 Description:

The lecture Managerial Economics provides a comprehensive understanding about economic theories, corporate structures as well as corporate governance. On top, it deals with business decision making.

 

Organization:

The lecture is held in the winter term.

 

Literature (selection):

  • Besanko, David et al. (2010): Economics of Strategy, 5th Ed., Evanston, Illinois.
  • Becht, Marco/Bolton, Patrick/Röell, Ailsa (2003): Corporate Governance and Control, in: Handbock of Economics of Finance, ed. By G.M. Constantinides, M. Harris and R. Stulz, Amsterdam, pp. 1-109.
  • Holström, Bengt/Milgrom, Paul (1987): Aggregation and Linearity in the Provision of Intertemporal Incentives, in: Econometrica 55 (2), pp.303-328.
  • Schmidt, Reinhard H. (2003): Corporate Governance in Germany – An Economic Perspective, in: The German Financial System, pp. 386-419, Oxford University Press.