ECON 310 - Economics of Not-for-Profit Firms

Institution:

Bates College

Subject:

Description:

This course studies the not-for-profit (NFP) firm as an institutional form that society has used in response to market failures, such as those caused by the presence of jointly consumed goods, asymmetric information, or principal-agent problems. Examples are taken from industries where the NFP form is prevalent: health care, education, museums, performing arts, and public radio and television. Issues related to the financing of NFPs, including their capital structure and their reliance on donations as opposed to commercial revenues, are also explored. Prerequisite(s): Economics 255 and 260. Enrollment limited to 20. G. Perkins.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.bates.edu/

Phone Number:

(207) 786-6000

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Four-one-four plan

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