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Introduction to Institutional Economics
(dt. Introduction to Institutional Economics)

Level, degree of commitment Basic module, compulsory elective module
Forms of teaching and learning,
workload		 Kolloquium (2 SWS),
(attendance: 28 hours, private study: 84 hours, exam preparation: 68 hours)
Credit points,
formal requirements		 6 CP
Course requirement(s): 6-8 worksheets or portfolio or test
Examination type: Presentation or Term paper or Portfolio. 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 M.Sc. Economics, Institutions, and Behavior.
Duration,
frequency		 One 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 most important theoretical approaches in institutional economics is given. Students work in small groups to prepare selected contributions on institutional economics for a presentation to a specialist audience.


Qualification Goals

After completing the module, students will be able to

  • explain the role of institutions as solutions for social cooperation and coordination problems,
  • apply various institutional economics approaches to specific problems and evaluate alternative institutional solutions using formal methods,
  • reflect on and prepare selected contributions on institutional economics in small groups.

Prerequisites

None.


Applicability

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

When studying M.Sc. Business Mathematics, this module can be attended in the study area Free Compulsory Elective Modules.

The module is assigned to the focus area Economics. Further information on eligibility can be found in the description of the study area.


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.