Learning objectives

This course is designed to develop your skills in discussing and critiquing both arguments and evidence. Students not only need to understand the arguments, but also need to be able to talk about them and extend them. Each lesson’s readings will typically include some “classics” defining the perspective, some more recent theoretical and/or empirical developments of the perspectives, and either implicit or explicit critiques of the basic perspective.

Prerequisites and basic notions

No prerequisites are required

Program

TRANSACTION COST THEORY ECONOMICS APPROACH
Specific questions & Aims
Why do firms exist (according to the TCE)? Why is there any organization? What are transaction costs? And where they come from? What are the transaction’s attributes that affect the level of transaction costs?

Didactic methods

face-to-face lectures

Learning assessment procedures

Oral presentation

Assessment

1. Class Preparation, Participation, (30%)
2. Contribution and Discussion (20%)
3. Assignment, Research Paper & Presentation (50%)