Firms: An Economic Perspective

14 Pages Posted: 10 Aug 2020 Last revised: 11 Aug 2020

See all articles by Amitai Aviram

Amitai Aviram

University of Illinois College of Law

Date Written: January 1, 2006


This note is designed to explain basic concepts of the economic theory of the firm to students who have no background in economics. It does not purport to cover all or even most of the scholarship in the field, nor does it aim to provide new insights into the theory of the firm. I find this note to be a useful teaching tool in introductory organizational law courses. The note is copied from: Amitai Aviram, Business Associations: Course Material."

JEL Classification: A22, A23, K22, L22

Suggested Citation

Aviram, Amitai, Firms: An Economic Perspective (January 1, 2006). FSU College of Law, Law and Economics Paper No. 06-31, FSU College of Law, Public Law Research Paper No. 182, Available at SSRN: or

Amitai Aviram (Contact Author)

University of Illinois College of Law ( email )

504 E. Pennsylvania Avenue
Champaign, IL 61820
United States

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