Economic Approaches to Organizations, 6th edition, by Sytse Douma and Hein Schreuder, offers a comprehensive exploration of how economic theory informs management and organizational practices. This accessible text bridges the gap between economics and organizational analysis by presenting key topics in a clear, non-technical manner. The book delves into diverse economic theories and their implications for organizational behavior, including the behavioural theory of the firm, game theory, agency theory, and transaction cost economics, as well as the economics of strategy and evolutionary approaches. Enhanced with empirical results, real-world data, and a new chapter on behavioural economics, this edition provides readers with practical examples, diagrams, end-of-chapter questions, and further reading recommendations to deepen understanding of economic issues in contemporary organizations.
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