Learning Outcomes:
Basic understanding of theories on Institutions.
Should be able to describe the causes and effects of institutions, how institutions evolve and why institutions vary.
Should understand how various institutional arrangements work, with an emphasis on economic and political institutions
Should be able to identify recent empirical work that aims at evaluating and quantifying the mechanisms of the models you study in this course.
Students should be able to use of some of the course contents in their academic work, for example in the analyses of their Bachelor’s thesis.
Indicative Module Content:
Key topics covered will be:
1. The concept of institutions. What are they and why they are important
2. Types of institutions
3. How institutions shape economic and political outcomes
4. How are institutions shaped?
5. Who shapes institutions and why?
6. Why explains variation in institutions across the world?
7. Do institutions really matter?