Paul Samuelson provided the textbook definition of economics as the “study of how societies use scarce resources to produce valuable commodities and distribute them among different people.” This suggests that economics has an important strategic component that can alter the actions taken by an organization, and hence determine whether or not the organization can sustain itself over the long term. Among the more important strategic decisions an organization can make concern the boundaries of the organization, market and competitive analysis, and pricing dynamics. Our current course having an economic perspective focuses on these three issues and places them within a broader perspective to address important social concerns.
Topic Related Journals in Athabasca University Library
- Economic Journal London
- Economic Review Ottawa
- Journal of Economic Literature
- Journal of Economic Perspectives
- Journal of Post Keynesian Economics