John F. McCracken            Economics


MECO 6303

Managerial Economics


This is a case course in managerial economics. Our objective to develop a rational framework for analyzing the consequences of three key organizational decisions:
 • how decision rights are allocated within a firm
 • how employee performance is measured and evaluated
 • how employees are compensated and rewarded

A principal conclusion is that these three elements of organizational architecture must be properly balanced and mutually supportive, and that changing any one without compensating adjustment of the other two will invariably lead to real (and often misunderstood) problems. The intent is to provide a conceptual framework that will help you understand and navigate some of the thorny organizational problems you're likely to encounter during your business career.


return to top

UTD |  Jindal School of Management |  Home Page
Tuesday, 02-Apr-2013 11:35:52 CDT