After completing this course you are able to:
- Define and explain key concepts in economic and organizational perspectives on institutions;
- Identify a societal problem and explain the role of institutions in causing and solving these issues;
- Explain and critically assess the effect of institutions on the founding pillars of business: management, marketing, accounting and finance;
- Critically assess the theories in the field of institutional economics;
- Present and debate academic literature on institutions.
For non-LAS students the number of places in this course is limited. For registration, please contact Gerwin van der Laan (email@example.com) at least three weeks prior to the start of the course.
Institutions are the humanly devised rules that shape economic exchange. Rules are everywhere in society and have a major impact on the strategic choices individuals and organizations make. This course offers a thorough introduction into institutions and covers the development of institutions, their (lack of) adoption by relevant actors and their influences on the founding pillars of the field of business: management, marketing, accounting and finance. The course also introduces students to the effect of institutions on economic development. The course is interactive, implying that the specific topics are jointly selected with the students.|