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Lecture II The Problem of Economic Organization
Economies ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Coase ,[object Object],[object Object],[object Object],[object Object],[object Object]
Coase Discussion ,[object Object],[object Object],[object Object],[object Object],[object Object]
Coase (continued) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
A Conceptual Framework (Insight Into Markets and Organizations?) Division of Labor Specialization Coordination Organization Market Information
A Conceptual Framework (Continued) ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],Markets
[object Object],[object Object],Markets (Continued)
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],The Pursuit of Productivity
[object Object],[object Object],[object Object],[object Object],The Pursuit of Productivity (Continued)
[object Object],[object Object],[object Object],[object Object],[object Object],The Pursuit of Productivity (Continued)
[object Object],[object Object],Organizations
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Financial Markets as an Example of Complexity
What is Efficient Price for  MBA ? Position Financial Analyst at Consulting Firm Fuzzy Job at .com with IPO Target -2 to 3 years Your own business model to deliver service value to new MBA’s (Social Enterprise) Compensation $100,000+ $50,000 + Options - 0 - Must raise capital Control Ownership

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Econ 1620 - Lecture 2

  • 1. Lecture II The Problem of Economic Organization
  • 2.
  • 3.
  • 4.
  • 5.
  • 6. A Conceptual Framework (Insight Into Markets and Organizations?) Division of Labor Specialization Coordination Organization Market Information
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15. What is Efficient Price for MBA ? Position Financial Analyst at Consulting Firm Fuzzy Job at .com with IPO Target -2 to 3 years Your own business model to deliver service value to new MBA’s (Social Enterprise) Compensation $100,000+ $50,000 + Options - 0 - Must raise capital Control Ownership