Economic Approaches to Organizations Van Sytse Douma and Hein Schreuder is an English study book that makes economic approaches within organizations clear. This 6th edition book is specifically intended for students in higher education.
The book provides a clear overview of economic approaches in organizations, such as the behavioral-scientific theory of the firm, game theory, agency theory, transaction costs, strategy, and evolutionary perspectives. By using practical examples and current case studies, it clearly explains the link between management and economics. The 6th edition also includes new chapters, including an extensive section on behavioral economics with topics such as bounded rationality and prospect theory.
Important features of this edition include:
- Extensive empirical data and up-to-date practical examples
- Step-by-step explanation of economic approaches
- Exercises and assignments per chapter
- Diagrams and additional reading suggestions
- Worldwide cases with concrete applicability
This edition helps students understand and apply the economic approaches used in organizations to relevant management issues.
The book aligns with courses such as microeconomics, organization and behavioral theories, and economics.