• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site

Course on Institutional Economics

Course on Institutional Economics is a step towards understanding institutions and their role in economics and society. During this course we will show that in the world where all transactions are connected with costs and people squint towards opportunism, it is important to create rules and systematically monitor everyone is following them. Together these rules and enforcement mechanisms are called institutions.