Answer to Question #72968 in Economics for chimith

Question #72968

Institutions and Economic Behavior

Expert's answer

Institutional economics focuses on understanding the role of the evolutionary process and the role of institutions in shaping economic behaviour.
Source:
https://en.m.wikipedia.org/wiki/Institutional_economics

Learn more about our help with Assignments: Economics

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. How is scarcity a major problem to economics
2. . Assume that the demand for a product X is: Qdx = 4,500 – 0.5Px + Py – 6Pz + 0.05M, where Px
3. calculate standard deviation X: 2 4. 6. 8. 10 Y: 2. 3. 4. 2. 4
4. relevant example because many state governments have been forced to cut the provision of medical car
5. Assume the price elasticity of demand for eggs in India is -0.75. Everything else equal, by what % w
6. What part of the legislation provides details of how much income tax must be paid and what does it s
7. If an economy produces computers and pizzas and a technological innovation makes the production of c