Institutional and Evolutionary Economics

Course: Economics and Economic Policy

Structural unit: Faculty of Economics

Title
Institutional and Evolutionary Economics
Code
ОК 1.11
Module type
Обов’язкова дисципліна для ОП
Educational cycle
Second
Year of study when the component is delivered
2021/2022
Semester/trimester when the component is delivered
3 Semester
Number of ECTS credits allocated
5
Learning outcomes
PLO 1. Formulate, analyze and synthesize solutions for scientific and practical problems. PLO 4. Develop socio-economic projects and a system of all-inclusive actions for their implementation, taking into account the goals, expected socio-economic outcomes, risks, legislative, resource, and other constraints. PLO 6. Assess personal performance, demonstrate leadership skills to manage staff and work as part of a team. PLO 7. Select effective methods for managing economic activity, ground proposed solutions based on relevant data and scientific and applied research. PLO 10. Apply modern information technology and specialized software in socioeconomic and political-economic research and management of socio-economic systems. PLO 17. Use modern educational and research technologies in the field of economics.
Form of study
Full-time form
Prerequisites and co-requisites
Mastering academic disciplines "Economic Theory and Economic Policy", "History of Economic Thought", "Microeconomics", "Main Streams of Modern Economic Theory", "New Political Economy". Knowledge of theoretical foundations: organization of market relations and economic activity; functioning and development of economic systems; content and tasks of state regulation of economy; principles of formation and implementation of economic policy; main stages and directions of economic development, economic thought. Skills in general scientific and specific methods of economic research.
Course content
The content of discipline are origins, genesis and development of theoretical and methodological foundations of institutional economic theory, its main research programs - Origional and New Institutional Economics, its structure and analytical tools, scientific and practical application. The following main problems are studied: essence of institutions as basic elements of institutional analysis; nature and classification of transaction costs; property rights; institutional structure of the economy; institutional nature of organizations, state, illegal economy; content of the evolutionary approach in institutional economic theory; structure and mechanisms of institutional changes, features of its implementation in transformational economy.
Recommended or required reading and other learning resources/tools
1. Аузан О. Економіка всього. Як інститути визначають наше життя. Київ : Laurus, 2017. 2. Аджемоглу Д., Робінсон Дж. Чому нації занепадають? Походження влади, багатства і бідності. 2-ге вид., випр. / пер. з англ. Київ : Наш формат, 2017. 3. Гайдай Т. В. Парадигма інституціоналізму : методологічний контекст : монографія. Київ : ВПЦ «Київський університет», 2008. 4. Гайдай Т. В. Інституційна та еволюційна економіка : Навчально-методичний комплекс для студентів спеціальності 051 «Економіка», освітніх програм «Економіка та економічна політика», «Економіка та право». Київ : ЗАТ «Нічлава», 2017. 5. Grazhevska N., Gaidai T., Mostepaniuk A., Zavazhenko A. Institutional Dysfunktions as a Factor of Convergent-Divergent Institutional Development of Post-Socialist Countries. АCCESS Journal: Access to Science, Business, Innovation in Digital Economy. 2021, 2 (3), P. 290-308.
Planned learning activities and teaching methods
Lecture, seminar, self-dependent work
Assessment methods and criteria
Participation in discussions at seminars, fixed speeches, presentations, essays, abstracts of primary sources
Language of instruction
Ukrainian

Lecturers

This discipline is taught by the following teachers

Tetiana Viktorivna Gaidai
Department of Economic Theory, Macro- and Microeconomics
Faculty of Economics

Departments

The following departments are involved in teaching the above discipline

Department of Economic Theory, Macro- and Microeconomics
Faculty of Economics