KEIE New Institutional Economics

Faculty of Economics and Administration
Spring 2008
Extent and Intensity
0/0. 3 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Michal Kvasnička, Ph.D. (lecturer)
Guaranteed by
prof. PhDr. Kamil Fuchs, CSc.
Department of Economics – Faculty of Economics and Administration
Contact Person: Lydie Pravdová
Timetable
Sat 8. 3. 12:50–16:15 P0, Sun 27. 4. 12:50–16:15 P0, Sat 17. 5. 12:50–16:15 P0
Prerequisites
kemik2 Microeconomics II
Microeconomics II
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
fields of study / plans the course is directly associated with
there are 6 fields of study the course is directly associated with, display
Course objectives
In the New Institutional Economics students should learn how institutions and organizations affect economic performance, and growth, and how they are affected by changes in the economic environment. Related questions (uncertainty, asymmetric information, positive transaction cost, bounded rationality, opportunism etc.) are also treated. The course is organized as follows: In its first part behavioral assumptions are treated, in the second part problems of coordination (firms, markets, ownership, bureaucracy etc.) are handled, and in the third part the evolution of institutions is explained.
Syllabus (in Czech)
  • 1. Úvod do Nové institucionální ekonomie 2. Institucionální podmíněnost ekonomické rovnováhy 3. Transakční náklady 4. Vlastnická práva 5. Podstata a velikost firmy 6. Organizační a vlastnická struktura firmy 7. Organizace trhu 8. Teorie státní byrokracie 9. Rent-seeking a DUP aktivity 10. Teorie státu 11. Evoluce institucí I 12. Evoluce institucí II 13. Příklady aplikace na současné problémy
Literature
  • Eggertson, T.: Economic Behavior and Institutions. Cambridge University Press, 1990.
  • Furubotn, E. G. – Richter,R: Institutions and Economic Theory, The Contribution of the New Institutional Economics, The University of Michigan Press, 2005.
  • North, D. C.: Institutions, Institutional Change and Economic Performance. Cambridge University Press, 1990.
  • Coase, R. H.: The Firm, the Market, and the Law, The University of Chicago Press, 1988.
  • MLČOCH, Lubomír. Institucionální ekonomie : učební text pro studenty vysokých škol. 1. vyd. Praha: Univerzita Karlova, 1996, 124 s. ISBN 8071842702. info
Assessment methods (in Czech)
Písemná zkouška.
Language of instruction
Czech
Further Comments
The course is taught annually.
Teacher's information
http://www.econ.muni.cz/~qasar/vyuka.html#inst
The course is also listed under the following terms Spring 2007, Spring 2009.
  • Enrolment Statistics (Spring 2008, recent)
  • Permalink: https://is.muni.cz/course/econ/spring2008/KEIE