International Agricultural CooperationA

Numbering Code G-AGR06 7FA85 LB82 Year/Term 2022 ・ First semester
Number of Credits 2 Course Type Lecture
Target Year Target Student
Language Japanese Day/Period Tue.2
Instructor name Not fixed (Kyoto University)
Outline and Purpose of the Course The objectives of this seminar course is to give lectures and read academic textbooks in turn on comparative institutional analysis or new institutional economics related to agricultural development.
Course Goals This course will provide students an opportunity to:
Master the basics of new institutional economics; and Learn how to apply the concepts to explain economic problems, instead of simply understanding them. Students will study new institutional economic theories in detail once they master the overall basic principles.
Schedule and Contents 1) Transaction cost
 Concept of transaction cost, modeling transaction cost

2) Property right
 Basic concept, property right inphysical objects, common pool resource

3) Contract theory
Principal agent, implicit contract, imcomplete contract

4) Comparative institutional analysis
Moral hazard, adverse selection

5) New institutional economics of rural economy



 
Evaluation Methods and Policy Grading will be based on an overall assessment of criteria such as attendance, the content of presentation, and understanding of basic theories.
Course Requirements Basic knowledge of economics
Study outside of Class (preparation and review) Students are encouraged to work on exercises on the topics studied to enhance their level of understanding.
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