Economics 479 - Institutional Economics
Spring
2013
01
4.00
Christopher Kingston
MW 12:00PM-01:20PM
Amherst College
ECON-479-01-1213S
CONV 308
cgkingston@amherst.edu
All economic activity is embedded in a framework of institutions including both formal laws and contracts, and informal norms and conventions. Institutions constrain individual behavior and thereby affect resource allocation, income distribution, learning, and economic growth. This course introduces recent approaches to the study of institutions in economics and political science. Particular emphasis will be placed on recent applications to economic history and development, and to theories of institutional stability and change.
Requisite: ECON 420 or consent of the instructor. Limited to 15 students. Spring semester. Professor Kingston.