MAURIZIO FRANZINI
E-mail: maurizio.franzini@uniroma1.it
Dipartimento di Economia e Diritto, Sapienza Università di Roma
Via del castro laurenziano 9, 00161 Roma
Maurizio Franzini
Lectures will start on Monday, February 17th at 2 p.m. in Aula 1D (6th floor- Ala D)
Lectures will be held according to the following schedule:
Monday, 2-4 p.m. - Aula 1D (6th floor- Ala D)
Tuesday, 2-4 ap.m. - Laboratorio Informatico (6th Floor)
Structure of the Course
Introduction: Institutions and the working of the economic system.
Social Interactions and Institutional Design.
The Self-Organization of Economic Life.
Preferences and Behaviour.
Coordination Failures and Institutional Responses
Decentralized coordination.
Contracts, Norms and Power.
Employment, Unemployment and Wages
Credit market and Wealth contraints
Institutions and recent social and economic problems.
Reference
S. Bowles, Microeconomics - Behaviour, institutions and evolutions, Princeton University Press 2004; (Prologue, Ch. 1, 2, 3, 4, 6, 7, 8,9). Further specific readings will be provided during the lectures.
Objective of the Course
The Course has the objective of introducing the students to that branch of research in microeconomic analysis which addresses real world problems and make use of analytical tools and conceptual assumptions foreign to the traditional microeconomic approach. In particular, the student, through the analysys of several models, will learn how important institutions are and in which ways they can influence the working of the economic system.
Registration to the course
Students are requested to register to the course by sending an email (maurizio.franzini@uniroma1.it) where they state ‘I register to the Course of Economics of Institutions’.
Exam
The exam consists in a written test with four broad questions out of which the students have to choose three to answer
To be admitted to take the exam, students are required to register on the Infostud System about one week before the date of the exam.
Students who wish to contact me for explanations and clarifications can write to me at my email address.