Macmillan Education Elt Institutional Economics

This wide-ranging and highly accessible introduction presents both the key theories of Original Institutional Economics and New Institutional Economics in a balanced and intuitive way, reserving technical discussions mainly for appendices. The authors have assumed only minimal, principles-level, knowledge of economics on the part of the reader, making the text ideally suited for use as core reading in undergraduate courses as well as in graduate courses where the backgrounds of students are diverse.