• Have a good understanding of the economic tools and principles applied to the management of information, within organisational contexts and industries.
• Demonstrate capabilities for applying the main theoretical tools of economics of information and economics of organization to strengthen and support the achievement of the strategic objectives of specific organisations.
• Be able to use a set of theoretical tools from economics of information and economics of organization to critically discuss the role of information in organisational environments and industries.
• Be able to identify and develop recommendations for information management action and strategy formation and evaluate possible solutions in terms of the organizational goals.

The course introduces the main economic theories of the firm and provides students with the analytical tools and capabilities which will allow them to critically examine information management and information efficiency at the organisational and industry levels. Analytical frameworks and strategy tools used to postion the organization in the competitive landscape will be presented and applied in a number of contemporary business cases. Information management issues in relation to how information can be used by managers and executives as they carry out planning, controlling and decision making responsibilities within an organization will be discussed.

The literature can be changed before the semester starts. Students are advised to find the literature on LEARN before they buy the books.

Douma S. and H. Schreuder: Economic Approaches to Organizations. Prentice Hall 4th edition. 2008

Please check the complete course literature on CBS Learn