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EE402

EE 402 Institutional Economics

3 (3-0-6)

Prerequisites: EE 311

Developing institutional economics. Analyzing the effects of institutions on socioeconomic change, examining factors which contribute to the creation and demise of institutions, transactional costs, and changes within institutions. Using mainstream economics to analyze political phenomena, the political market structure, and rent-seeking behavior as exercised by government bodies. Studying how forming diverse interest groups and organizations impacts economic policy change.