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Institutional Economics
(dt. Institutional Economics)

Level, degree of commitment Basic module, required module
Forms of teaching and learning,
workload		 Recitation class (2 SWS),
(attendance: 48 hours, preparation and follow-up: 66 hours, exam preparation: 66 hours)
Credit points,
formal requirements		 6 CP
Course requirement(s):
Examination type: Portfolio or Presentation or written examination. IMPORTANT: This module is offered by FB02; the exam can only be retaken twice.
Language,
Grading		 English,
The module is ungraded in accordance with the examination regulations for the degree program B.Sc. Economics, Institutions, and Behavior.
Duration,
frequency		 One semester,
each winter semester
Person in charge of the module's outline Prof. Dr. Elisabeth Schulte

Contents

This module includes a discussion of various forms of institutions (markets, laws, social norms, political institutions, etc.). An understanding of the development of different institutions and their effect on the behavior of individuals is provided. An overview of the major theoretical approaches in institutional economics will be provided.


Qualification Goals

Translation is missing, sorry. German original:

Studierende sind nach Abschluss des Moduls in der Lage,

  • die Rolle von Institutionen als Lösungen für gesellschaftliche Kooperations- und Koordinationsprobleme zu erklären und
  • im Zusammenspiel aus formalen und informellen Institutionen Erklärungsansätze für kulturelle Unterschiede zu identifizieren.
  • Sie können verschiedene institutionenökonomische Ansätze auf einfache Problemstellungen anwenden und alternative institutionelle Problemlösungen mit formalen Methoden beurteilen.

Prerequisites

None. The competences taught in the following modules are recommended: either Introduction to Economics or Microeconomics.


Applicability

Module imported from B.Sc. Economics, Institutions, and Behavior.

When studying B.Sc. Business Mathematics, this module must be completed in the study area Business and Economics Focus Area: Economics.


Recommended Reading

(not specified)



Please note:

This page describes a module according to the latest valid module guide in Winter semester 2025/26. Most rules valid for a module are not covered by the examination regulations and can therefore be updated on a semesterly basis. The following versions are available in the online module guide:

  • Winter 2016/17 (no corresponding element)
  • Summer 2018 (no corresponding element)
  • Winter 2018/19 (no corresponding element)
  • Winter 2019/20 (no corresponding element)
  • Winter 2020/21 (no corresponding element)
  • Summer 2021 (no corresponding element)
  • Winter 2021/22 (no corresponding element)
  • Winter 2022/23 (no corresponding element)
  • Winter 2023/24 (no corresponding element)
  • Winter 2025/26

The module guide contains all modules, independent of the current event offer. Please compare the current course catalogue in Marvin.

The information in this online module guide was created automatically. Legally binding is only the information in the examination regulations (Prüfungsordnung). If you notice any discrepancies or errors, we would be grateful for any advice.