| Semester | Course Unit Code | Course Unit Title | T+P+L | Credit | Number of ECTS Credits |
| 5 | ECON335 | INSTUTUTIONAL ECONOMICS | 3+0+0 | 3 | 5 |
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Language of Instruction
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English
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Level of Course Unit
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Bachelor's Degree
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Department / Program
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ECONOMICS
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Type of Program
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Formal Education
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Type of Course Unit
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Elective
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Course Delivery Method
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Face To Face
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Objectives of the Course
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Introducing the most important concepts of institutional economics.
Introducing the analysis of firms and markets from an institutional economics point of view.
Introducing the analysis of the economic development of a country from the point of view of institutional economics.
Introducing the institutional economic analysis of some example social issues.
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Course Content
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The course is focused on “new institutional economics” with an emphasis on the influence of institutions and institutional know-how and behavior on economic performance. Students are introduced to concepts of institutions, organizations, property rights and transaction costs. Effects of these on workings of firms, markets, states, and on economic growth are also analyzed. In addition, influence of institutions on some example social issues such as environmental problems and crime are also discussed.
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Course Methods and Techniques
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Prerequisites and co-requisities
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( ECON101 or ECON222 or BA225 or POLS121 )
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Course Coordinator
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None
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Name of Lecturers
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None
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Assistants
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None
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Work Placement(s)
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No
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Recommended or Required Reading
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Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"
Assessment Methods and Criteria
ECTS Allocated Based on Student Workload
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Activities
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Total Work Load
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Ev Ödevi
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3
|
3
|
9
|
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Okuma
|
14
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2
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28
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Araştırma
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14
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2
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28
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Kişisel Çalışma
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14
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3
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42
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Yüz Yüze Ders
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14
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3
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42
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Total Work Load
| |
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Number of ECTS Credits 5
149
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Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
| No | Learning Outcomes |
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1
| Apply the most important concepts of institutional economics. |
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2
| Analyze firms and markets from an institutional economics point of view. |
|
3
| Analyze the economic development of a country from the point of view of institutional economics. |
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4
| Transfer the institutional economic analysis on some example social issues. |
Weekly Detailed Course Contents
| Week | Topics | Study Materials | Materials |
| 1 |
Institutions and organizations
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| 2 |
Transaction Costs
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| 3 |
Absolute Property Rights
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| 4 |
Relative Property Rights
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| 5 |
Contract Theory
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| 6 |
The new institutional economics of the market, firm and state
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| 7 |
Theory of interest
groups
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| 8 |
Mid-term Exam
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| 9 |
Institutions and economic growth and development
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| 10 |
Institutional theory perspectives on Immigration
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| 11 |
Institutional theory perspectives on criminality
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| 12 |
Institutional theory perspectives on environmental issues
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| 13 |
Global Institutions and Economics Governance
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| 14 |
Institutions and the Future of Economics
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Recommended Optional Programme Components
Contribution of Learning Outcomes to Programme Outcomes
Contribution: 1: Very Slight 2:Slight 3:Moderate 4:Significant 5:Very Significant
https://sis.agu.edu.tr/oibs/bologna/progCourseDetails.aspx?curCourse=72303&lang=en