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 37 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).