OLD AND NEW INSTITUTIONAL ECONOMICS: ESSAYS

Please choose one essay.

The word limit is 3000.

Deadline Thursday 5 January 2002.

For essay consultation, my Office Hour is on Monday 4pm at Sociology Department. Or email or telephone me.

  1. What are the theoretical differences between old and new institutional economics?
  2. Using examples, explain the emergence of institutions? How do they evolve and develop?
  3. How is social order possible? Discuss the interdependence of the models of the social order. Please give examples.
  4. Examine the new and old institutional economics approaches to property rights.
  5. What are the implications for public policy of the different approaches to competition and market process? Please give examples.
  6. ‘The firm is a social institution.’ Discuss this statement, using examples.
  7. Discuss the significance and relevance of the state in the economy.
  8. What are the implications of an evolutionary institutional economics?
  9. Examine the varieties of capitalism, and suggest what reforms are required for a ‘better’ form of capitalism. Please give examples.
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