Enrichment
Why do firms exist?
28th July 2017
Ronald Coase’s classic article on the theory of the firm is explored in this special article from the Economist.
In a nutshell - Coase’s theory is that successful economies need both the benign dictatorship of the firm & the invisible hand of the market
Who needs shareholders - Greg Ip links to an article in the Wall Street Journal
The challenge of big data to the standard corporation
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
You might also like
In Praise of Kenneth Arrow
6th March 2017
Higher or Lower? Revenue streams of European football clubs
7th February 2019
Sizes and Types of Firms
Topic Videos
Key Micro Diagrams (Theory of the Firm)
Topic Videos
Business origins - Clear The Deck Key Term Knowledge Activity
Quizzes & Activities
3.1.1 Sizes and Types of Firms (Edexcel A-Level Economics Teaching PowerPoint)
Teaching PowerPoints