Institutional Economics

Course unit title

Institutional Economics

Course unit code

EKP 313

Type of course unit (compulsory, optional)

Optional

Level of course units (according to

EQF: first cycle Bachelor, second cycle Master)

First cycle Bachelor

Year of study when the course unit is delivered

(if applicable)

Years 3

Semester/trimester when the course unit is delivered

6th semester

Number of ECTS credits allocated

3 credits (4.8 ECTS)

Name of lecturer(s)

Achmadi, Drs. Ec., MS

Achmad Tohari, SE., MA

Learning outcomes of the course unit

Students are able to explain the role of institutional aspects in increasing the possibility of a country's economic growth.

Mode of delivery (face-to-face, distance learning)

Face to face (offline) and or distance learning (online)

Prerequisites and co-requisites (if applicable)

Public Economics I

Course content

The Institutional Economics course covers:

- the Meaning and Paradigm of Institutional Economics, Transaction Cost Economic Theory,

- Contract Theory, Political Economy Theory, Property Rights Theory, Social Capital Theory,

- Institutional Change Theory,

- Institutional Economics, Economic Growth and Economic Development Strategies,

- Institutional and System Economics Economy,

- Government Institutions and Economic Growth,

- Private Institutions and Economic Growth,

- Models and Applications of Institutional Development

Recommended or required

reading and other learning resources/tools

1. Furubbotn, E.G. & R. Richter. 1997, Institutions and Economics Theory, The Contribution of The New Institutional Economics, Ann Arbor University of Michigan Press

2. John Harris, Janet Hunter, Colin M. Lewis. 2003. The New Institutional Economics and Third World Development, Routledge, London

3. Claude Menard, Mary M. Shirley. 2008. Handbook of New Institutional Economics, Springer

Planned learning activities and teaching methods

Lectures, discussions, case studies, papers.

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Mid-exam, Final-exam, and assignment