2. Old institutionalism, emergence of the institutional tradition, method of analysis
3. Property rights theory, transaction costs
4. Contracts, agency costs, information costs
5. What are institutions? Types of institutions
6. Institutions as collective choices, conceptions of the state
7. Social conflict view of institutions (rent seeking)
8. Institutions and economic performance
9. Norms, culture, social conventions
10. Institutional change, path dependence
11. Theory of the firm
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