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Course 2011
EDEV M331 - Development and institutions [in english]
Lecturer(s)
Contents
The course comprises two main parts. The first part is a general introduction to the new economic approach to institutions: definition of concepts, role of transaction costs, strategic behaviour and use of classical game theory, dynamics of institutions and use of evolutionary game theory. The second part discusses in detail the rationality and evolution of two key institutions for economic development: contracts and property rights. To deal with the first institution, special reference is made to agrarian contracts and contracts in the informal service sector. Regarding the second institution, property rights in land are placed at centre stage of the analysis.Given in
Program(s) |
Quarter |
Theory (h) |
Exercises (h) |
Credits |
|
|---|---|---|---|---|---|
|
Master complémentaire en économie internationale et du développement |
1er |
30 |
0 |
4 |
|
Teaching methods
Ex cathedra course yet accompanied by case studies resolved in class by groups of students; Numerous illustrations and applications. Continuous intereactions between teacher and students.
Prerequisite
Introduction to Microeconomic analysis
