Course Information

Course Code:
Course Number:
Code Course Name Language Type
ECN 310E Institutional Economics English Compulsory
Local Credits ECTS Theoretical Tutorial Laboratory
3 5 3 0 0
Course Prerequisites and Class Restriction
Prerequisites ECN 101E MIN DD
Class Restriction None
Course Description
The course which is interdisciplinary in nature covers topics related to microeconomics, law, political theory and public choice theory. It goes beyond the standard assumptions made in economic theory such as constrained optimization of economic agents by considering historical, religious and cultural factors which are called institutional. The course investigates formal and informal institutions, causes and consequences of institutional change as well as institutional effects to economic growth.