Course ID:
Course Code & Number
ECON 422
Course Title
Institutional Economics
Level
BS
Credit Hours/ ECTS Credits
(3+0+0) 3 TEDU Credits, 6 ECTS Credits
Year of Study:
Senior
Semester:
Spring
Type of Course:
Elective
Mode of Delivery:
Face-to-face
Language of Instruction:
English
Pre-requisite / Co-requisite:
Pre-requisites: NONE
Co-requisites: NONE
Catalog Description
Institutions and institutional change. Analyses of cooperation, behavioral assumptions in a theory of institutions. Transaction costs and constraints. Institutions and economic performance.
Course Objectives
The aim of this course is to introduce students an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time.
Software Usage
Students will use MS Office applications (Word, Excel, Access, Powerpoint) to work on their weekly assignments about 2 hours a week.
Course Learning Outcomes
Upon succesful completion of this course, a student will be able to
1. Explain the nature of institutions and the role of transaction and production costs in their development.
2. Analyze cooperation and behavioral assumptions in institutions theory.
3. Clarify the factors effecting the institutions in the economy.
4. Discuss the role of institutional change in development.
5. Explains how institutional development may lead to a path-dependent pattern of development.
Learning Activities and Teaching Methods:
Telling/Explaining
Discussion/Debate
Questioning
Reading
Peer Teaching
Demonstrating
Problem Solving
Case Study/Scenarion Analysis
Simulation & Games
Video Presentations
Oral Presentations/Reports
Guest Speakers
Web Searching
Assessment Methods and Criteria:
Test / Exam
Quiz
Case Studies / Homework
Presentation (Oral/Poster)
Assessment Methods and Criteria Others:
Design Content
Recommended Reading
Required Reading
1. North. D., Institutions, Institutional Change and Economic Performance. Cambridge University Press, Cambridge, 1990.
Grading
Learning Activities and Teaching Methods Others:
Course Coordinator:
Student Workload:
| Workload | Hrs |
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Course & Program Learning Outcome Matching: