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EC 136 OL1

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Economics: Institutional Economics

EC 136 OL1 (CRN: 61744)

3 Credit Hours

About EC 136 OL1

All economic activity takes place within a framework of institutions (i.e., laws, and social norms) that constrain individual behavior and thereby affect resource allocation, income distribution, and economic growth. Emphasizes the effects of transaction costs on simple and complex transactions, the principal-agent problem, and the collective action problem, among other topics. Prerequisites: EC 011, EC 012.

Instructor

Notes

Dates: May 22 - June 16, 2023; Asynchronous online

More Information

Section Description

All economic activity takes place within a framework of institutions (i.e. laws, and social norms) that constrain individual behavior and thereby affect resource allocation, income distribution, and economic growth. This course examines the many forms in which institutions affect economic outcomes. The course emphasizes recent scholarship on political institutions and institutional change discussing, among other topics, the credible commitment problem, and the obstacles to the development and consolidation of democratic institutions.

Evaluation

Your grade will be based on homework assignments (35%), one midterm exam (30%) and a final exam (35%). The final exam is cumulative.

Meetings

to

Location

Online (View Campus Map)

Important Dates

Note: These dates may change before registration begins.

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Deadlines
Last Day to Add
Last Day to Drop
Last Day to Withdraw with 50% Refund
Last Day to Withdraw with 25% Refund
Last Day to Withdraw

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