globe
  1. Introduction 5 items
    1. 1. A Short History of Economic Thinking 5 items
      1. Essential Reading 2 items
      2. Further Reading 3 items
        1. The Wealth of Ideas: A History of Economic Thought - Alessandro Roncaglia 2005 (electronic resource)

          Book Further See: Chapters 5 ‘Adam Smith’; 7 ‘David Ricardo’; 9‘ Karl Marx’; and 10 ‘The Marginalist Revolution: The Subjective Theory of Value’.

        2. A history of economics: the past as the present - John Kenneth Galbraith 1991

          Book Further

  2. Part I. Conceptualising the Market 31 items
    1. 2. Mainstream Economic Thinking: Introduction to Neoclassical Economic Theory 8 items
      1. Essential Reading 1 item
        1. Principles of economics - N. Gregory Mankiw 2015

          Book Essential See: chapters 1 (pp. 3-18), 4 (pp. 65-88), 6 (pp. 111-31) and 7 (pp. 135-53). Available via Online Resource Button.

      2. Further Reading 7 items
        1. Neoclassical Economics - L. Boerger 18 December 2016

          Article Further

        2. Microeconomics: a very short introduction - Avinash K. Dixit 2014

          Book Further See: chapters 1-4.

        3. Principles of economics - N. Gregory Mankiw 2015

          Book Further See: Appendix of Chapter 2 “Graphing: a brief review” (pp. 40-48). Students may want to read this appendix if they have problems preparing the Essential Readings. This Appendix provides a basic introduction to the use of graphs in economic analysis. Alternatively, students may want to read chapters 2 and 3 from Dixit’s book.

        4. Principles of economics - N. Gregory Mankiw 2015

          Book Further See: chapters 13, 14 and 21. These chapters develop in greater detail the assumptions that consumers and firms make rational decisions to maximise their utility and profits, respectively. No need to know this in detail. For the purposes of the course, the reference to rationality in Chapter 1 will suffice.

    2. 3. Legal Applications of Neoclassical Theory: Law & Economics 7 items
      1. Essential Reading 3 items
        1. The firm, the market and the law - R. H. Coase 1990, c1988

          Book Essential See: chapter 1 (pp. 1-31).

        2. Economic analysis of law - Richard A. Posner c1998

          Book Essential See: chapter 2 (pp. 25-31). Available via Online Resource Button.

      2. Further Reading 4 items
        1. Institutionalist Economics - A. Dimmelmeier, F. Heussner 18 December 2016

          Article Further

        2. Studies in philosophy, politics and economics - Friedrich A. von Hayek 1967

          Book Further See: chapter 1. As an introduction to this reading, students may want to first read the summary of Hayek’s ideas in relation to “spontaneous order” in Vanberg, V., “Spontaneous market order and social rules: a critical examination of FA Hayek's theory of cultural evolution” (1986), Economics & Philosophy, 2(1), pp.75-100. In particular, pp. 75-79.

    3. 4. Alternative Economic Thinking: Heterodox and Sociological Perspectives on Markets 7 items
      1. Essential Reading 2 items
      2. Further Reading 5 items
        1. The laws of the markets - Michel Callon 1998

          Book Further

        2. Behavioral law and economics - Cass R. Sunstein 2000

          Book Further See: Christine Jolls, Cass. R. Sunstein, and Richard H. Thaler, ‘ A Behavioural Approach to Law and Economics’.

    4. 5. Legal Institutionalism: Theorising the Role of Law in the Market 9 items
      1. Essential Reading 3 items
        1. Legal institutionalism: Capitalism and the constitutive role of law - Simon Deakin, David Gindis, Geoffrey M. Hodgson, Kainan Huang 02/2017

          Article Essential

      2. Further Reading 6 items
        1. The Approach of Institutional Economics - Geoffrey M. Hodgson 1998

          Article Further An attempt to systematise “old” institutional economics, with a particular emphasis on explaining its demise in the 1930s and to criticise “new” institutional economics.

        2. What Is the Essence of Institutional Economics? - Geoffrey M. Hodgson 2000

          Article Further An attempt to systematise “old” institutional economics, which a particular emphasis on the lack of normative propositions.

  3. Part II. Constituting the Market 65 items
    1. 6. Contract (I): Law & Economics, New Institutional Economics 11 items
      1. Essential Reading 2 items
        1. Law, Economic Analysis of - A. Mitchell Polinsky

          Article Essential In particular, the "Contract" section (pp. 7677-80).

      2. Further readings 9 items
        1. The New Palgrave Dictionary of Economics - SpringerLink (Online service) 2018 (electronic resource)

          Book Further

        2. The economic institutions of capitalism: firms, markets, relational contracting - Oliver E. Williamson c1985

          Book Further See: chapters 2 and 3.

        3. Law's order: what economics has to do with law and why it matters - David D. Friedman c2000

          Book 

        4. Contract theory - Patrick Bolton, M. Dewatripont 2005

          Book 

    2. 7. Contract (II): Alternative Perspectives 6 items
      1. Essential Reading 1 item
      2. Further Reading 5 items
        1. Are Property and Contract Efficient - D. Kennedy, F. Michelman 1980

          Article Essential

    3. 8. Firms (I): Law & Economics Perspectives 11 items
      1. Essential Reading 3 items
        1. The Nature of the Firm - R. H. Coase 11/1937

          Article Essential

        2. The economic nature of the firm: a reader - Louis G. Putterman, Randy Kroszner c1996

          Book Essential See Introductory chapter, in particular pp. 7-19.

        3. Theories of the firm: contractual and competence perspectives - Nicolai Juul Foss 1993-6

          Article Essential See pp. 129-132.

      2. Further Reading 8 items
        1. Firm, Theory of the - G. C. Archibald

          Article Further

        2. The economic nature of the firm: a reader - Louis G. Putterman, Randy Kroszner c1996

          Book 

        3. The economic institutions of capitalism: firms, markets, relational contracting - Oliver E. Williamson c1985

          Book Further See Introduction, chapters 1-3, 6 and Conclusion.

        4. The Contractual Nature of the Firm - Steven N. S. Cheung 1983

          Article Essential

    4. 9. Firms (II): Alternative Perspectives 9 items
      1. Essential Reading 3 items
      2. Further Reading 6 items
        1. Did Ronald Coase Get Economics Wrong? - S. Denning 25 September 2013

          Article Essential

        2. A Team Production Theory of Corporate Law - Margaret M. Blair, Lynn A. Stout 03/1999

          Article Essential

        3. The corporation: a critical, multi-disciplinary handbook 2017

          Book Further See: Simon Deakin, ‘The Corporation in Legal Studies’, pp. 47-63.

        4. Theories of the firm: contractual and competence perspectives - Nicolai Juul Foss 1993-6

          Article Further The article compares alternative approaches to the theory of the firm. The two main approaches confronted are the contractual (Coasian) perspective and the competence (evolutionary) perspective.’ (Abstract).

    5. 10. Perfect competition (I): Neoclassical economics 4 items
      1. Essential readings 1 item
        1. Principles of economics - N. Gregory Mankiw 2018

          Book Essential See chapters 13 (pp. 247-266), 14 (pp. 267-288), and 15 (pp. 289-317). You can also use the 5th, 6th or 7th editions of this book, which are available at the library.

      2. Further readings 3 items
        1. Principles of economics - N. Gregory Mankiw 2018

          Book Further See chapters 16 and 17. You can also use the 6th, 7th or 8th editions of this book, which are available at the library.

        2. Law's order: what economics has to do with law and why it matters - David D. Friedman c2000

          Book Further See ch 16.

        3. The economic institutions of capitalism: firms, markets, relational contracting - Oliver E. Williamson c1985

          Book Further See ch 14.

    6. Seminar 11. Perfect competition (II): Alternative Perspectives 7 items
      1. Essential Reading (40 pages approx) 3 items
        1. Mergers, Concentration, and the Erosion of Democracy - Richard B. Du Boff, Edward S. Herman 2001

          Article Essential

      2. Further Reading 4 items
        1. Capitalism: competition, conflict, crises - Anwar Shaikh 2016

          Book Further See: Anwar Shaikh, ‘Debates on Perfect and Imperfect Competition’

        2. The Oxford handbook of capitalism - Dennis C. Mueller 2012

          Book Further See: Keith Cowling and Philip R. Tomlinson, ‘Monopoly Capitalism’

        3. Competition law and development 2013

          Book Further See: Introduction, Chapter 1 and Chapter 2

    7. Seminar 12. Externalities (I): Neoclassical economics 9 items
      1. Essential readings 3 items
        1. Principles of economics - N. Gregory Mankiw 2018

          Book Essential See Chapter 10. You can also use the 6th, 7th or 8th editions of this book, which are available at the library.

        2. The firm, the market and the law - R. H. Coase 1990, c1988

          Book Essential See pp. 10-16, 20-31.

      2. Further readings 6 items
        1. Principles of economics - N. Gregory Mankiw 2018

          Book Further See Chapter 11. You can also use the 6th, 7th or 8th editions of this book, which are available at the library.

        2. The firm, the market and the law - R. H. Coase 1990, c1988

          Book Further See "Notes on the Problem of Social Cost"

        3. Revolution justified - Roger H. J. Cox, Elizabeth Manton 2012

          Book Further See chapter 3.

        4. The Problem of Externality - Carl J. Dahlman 04/1979

          Article Further

        5. Revolution justified - Roger H. J. Cox, Elizabeth Manton 2012

          Book Further See Chapter 3.

    8. Seminar 13. Externalities (II): Alternative Perspectives 8 items
      1. Essential Reading 3 items
        1. Pareto Efficiency, the Coase Theorem, and Externalities: A Critical View - Andrea Ventura, Carlo Cafiero, Marcello Montibeller 02/07/2016

          Article Essential

        2. Externalities and Public Goods: Theory OR Society? - Sanjay reddy, Institute for New Economic Thinking 19/11/2015

          Article Essential

      2. Further Reading 5 items
        1. The firm, the market and the law - R. H. Coase 1990, c1988

          Book Further See: pp. 10-16, 20-31.