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Understanding Economic Models (Course)

Understanding Economic Models (Course)

Course code: FILM-353, Understanding Economic Models, 5 cr, University of Helsinki Syllabus (from 2016 fall–to be revised) This is a course that will improve your understanding of economics, and broaden your horizon concerning what economists do. We will present you the necessary tools and tricks to tackle very difficult questions concerning the status of economics as a science. The course will cover many exemplary models and their use in theory and policy in order to improve your understanding of economics….

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New Paper: Institutions, Economics and the Development Quest

New Paper: Institutions, Economics and the Development Quest

Institutions, Economics and the Development Quest Date: 2012-04 By: Duarte N. Leite, Sandra T. Silva, Óscar Afonso URL: http://www.fep.up.pt/investigacao/workingpapers/wp457.pdf Institutions, crucial for the analysis of how agents deal with uncertainty, have been gaining increasing relevance on the Economic research agenda. In this paper, we analyze the institutional literature that provides insights into different research fields, aiming to explain why this perspective obtains better results than others, in the field of growth and Development Economics. In particular, we stress the relevance…

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EC487 Institutional Economics Reader

EC487 Institutional Economics Reader

Here is the reading list for my Institutional Economics course at Bogazici University (Istanbul, Turkey): EC 487 (2011) READER Individuals and Institutions Henrich, Joseph (2000) “Does Culture Matter in Economic Behavior? Ultimatum Game Bargaining Among the Machiguenga of the Peruvian Amazon” American Economic Review, 90 (4): 973—79. Carpenter, Jeffery & Juan Camilo Cardenas (2006) “Behavioural Development Economics:  Lessons from field labs in the developing world” Middlebury College Economics Discussion Paper No. 06-16 Online: http://sandcat.middlebury.edu/econ/repec/mdl/ancoec/0616.pdf Camerer, Colin F. & Ernst Fehr…

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The Oxford Handbook of Philosophy of Economics

The Oxford Handbook of Philosophy of Economics

The Oxford Handbook of Philosophy of Economics, Harold Kincaid and Don Ross (eds). Oxford University Press, 2009, xviii + 670 pages I just finished reading The Oxford Handbook of Philosophy and Economics. Reading it was a marathon… You know very few individuals read handbooks from the beginning to the end. Exceptions are some reviewers and students. Yet it is an interesting experience.  True, handbooks give you an interesting and thoughtful review of the state of the art concerning its subject…

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A Review of The Company of Strangers: A Natural History of Economic Life by Paul Seabright

A Review of The Company of Strangers: A Natural History of Economic Life by Paul Seabright

Seabright’s The Compnay of Strangers is an interesting book and some parts of it may be considered as a supplementary reading for undergraduate courses concerning philosophy of economics and history of economic thought. But before that it may be useful to read  Haim Ofek’s review of the book which was published by EH.NET: