Critically evaluate the contribution of economics to strategic management.

Choose from one of the three options available in the attached assignment brief. Marking criteria and additional details are also available in the same document.

Learning outcomes for this module:

Understand the concepts of specialisation and co-ordination at local and global levels;

Understand the main characteristics of standard microeconomic theory and key assumptions underlying microeconomic models;

Demonstrate knowledge of the implications of behavioural theory, agency theory, game theory and transaction costs for economic decisions

Demonstrate their knowledge of evolutionary approaches to organisations

Critically evaluate the contribution of economics to strategic management

Recognise how business behaviour is driven by economic theories and beliefs

Critically evaluate the contribution of economics to strategic management.
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