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Second cycle
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Law School
Course unit
GI06102285, A.A. 2013/14

Information concerning the students who enrolled in A.Y. 2013/14

Information on the course unit
Degree course 5 years single cycle degree in
GI0270, Degree course structure A.Y. 2008/09, A.Y. 2013/14
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Degree course track GENERICO - SEDE DI TREVISO [999TV]
Number of ECTS credits allocated 6.0
Type of assessment Mark
Course unit English denomination INSTITUTIONAL ECONOMICS
Website of the academic structure
Department of reference Department of Public, International and Community Law
Mandatory attendance No
Language of instruction Italian
Single Course unit The Course unit CANNOT be attended under the option Single Course unit attendance
Optional Course unit The Course unit can be chosen as Optional Course unit

Teacher in charge STEFANO SOLARI SECS-P/01

ECTS: details
Type Scientific-Disciplinary Sector Credits allocated
Educational activities in elective or integrative disciplines SECS-P/01 Political Economy 6.0

Course unit organization
Period First semester
Year Student choice
Teaching method frontal

Type of hours Credits Teaching
Hours of
Individual study
Lecture 6.0 42 108.0 No turn

Start of activities 23/09/2013
End of activities 11/01/2014
Show course schedule 2019/20 Reg.2017 course timetable

Examination board
Board From To Members of the board
6 A.A. 2018/19 sede di Treviso 11/10/2018 30/09/2019 SOLARI STEFANO (Presidente)
5 A.A. 2017/18 sede di Treviso 02/10/2017 30/09/2018 SOLARI STEFANO (Presidente)
4 A.A. 2016/17 sede di Treviso 01/12/2016 30/09/2017 SOLARI STEFANO (Presidente)
3 A.A. 2015/16 sede di Treviso 01/10/2015 30/09/2016 SOLARI STEFANO (Presidente)
2 A.A. 2014/15 sede di Treviso 01/10/2014 30/09/2015 SOLARI STEFANO (Presidente)
1 A.A. 2013/14 sede Treviso 24/10/2013 30/09/2014 SOLARI STEFANO (Presidente)

Prerequisites: Propedeutic exam: "Economia Politica e Scienza delle Finanze".
The student is required to have a good knowledge of the Italian language and an ordinary knowledge of contemporary history.

Some capacities of autonomous study of the text are required.
In order to get the full benefits of the course, the student should have some standard informatics competences in order to file and connect to the School site and download the studying materials.
Some reading will be in English.
Target skills and knowledge: The student will develop the ability to understand and communicate the arguments of the program. A particular attention is paid to lexical precision. She/he will acquire the ability to develop his reasoning in an autonomous and logically correct way concerning the micro and macro analysis of the institutional set-up. She/He will be able to analyze concrete issues by framing them with the conceptual instruments acquired in the course. The comprehension of specialistic texts is required. Finally, the student must acquire all the conceptual instruments useful to the Law studies involving the understanding of notions concerning the institutional configuration pertinent to contracts, the Italian, European and international institutions.
Examination methods: The examination of Economics of Institutions includes six open questions and a set of terminological definitions concerning specialistic notions. The time of the test is 60'.

The lecturer will supply a single public correction of the test. The student can discuss and refuse the evaluation of her/his test before the recording.
Assessment criteria: The student is expected to answer questions with the appropriate terminology and to show analytical and reasoning abilities by using the theoretical instruments presented in the course. She/He is expected to have acquired the meaning of specialistic terms and the role of the fundamental economic and financial institutions. She/He is expected to be able to apply some simple calculation (interest rate, tax imposition...).
The maximum value attributed to each question is reported in the questions' sheet of the written examination. However, minimum requirement to pass the test is given by the terminological precision and the knowledge of the fundamental function of the main economic institutions. The minimal level of sufficiency is determined by a comprehension and discussion capacity relative to the level of economic articles on specialistic newspapers or magazines (e.g. FT). The level of excellence is represented by a comprehension and discussion capacity relative to the level of scientific reviews (even if not using mathematical formalization).
Course unit contents: General part:

1. Collective action and institutions: Coordination and efficiency in economic systems. The relationship between freedom, justice and efficiency. Institutional economics vs. Law and economics. (Solari chap.1; reading on justice)
2. The foundations of economics of institutions: rights, rules and choices. Regulating mechanisms and transaction costs. (Solari chap.2; reading on property rights)
3. Public goods, collective action and economic constitution (Solari chap.3.1-5)
4. The development of institutions and governance mechanisms. (Solari chap.4, reading on guilds)
5. Economic organization (Solari chap.5. 1-14)
6. Production models and models of capitalism. (Solari chap.6.1 e 6.7, reading on the strategy-structure framework )
7. Monetary and financial institutions. (Solari chap.6.3)
8. Institutions regulating competition. (Solari chap.6.6)
9. Labour and welfare institutions.(Solari chap.6.4 e 6.5)
10. The role of the state in the economic system (Solari chap.7.1-7.7)

Special part (compulsory)
Study a one of the following texts including the topics: a) banks; b) labour in Veneto; c) welfare; d) company governance; e) public goods.
Planned learning activities and teaching methods: The course consists in 42h of frontal lectures on the whole programme. The themes not trated in the lectures are excluded from the programme. A weekly account of the arguments effectively discussed in the lectures, as well as the answer to student's questions is posted in the moodle area in the School's web-site. The slides of the lectures are freely downloadable from the same site. Students are allowed to discuss and pose questions (even by e-mail) to the lecturer.
Two seminar lectures on some specific theme are integrating parts of the programme.
Additional notes about suggested reading: The lecturer supplies the detailed programme, readings and other materials on
Students are allowed to submit questions - even by e-mail - which will find public answers on the site.

Students should study one of the texts proposed in the list below
Textbooks (and optional supplementary readings)
  • Stefano Solari, Istituzioni ed organizzazione dei processi economici. Milano: Giuffré, 2005. Testo base Cerca nel catalogo
  • Giuseppe Mastromatteo, Adelmo Tedeschi, Evoluzione dell'attività creditizia in Italia dall'unità nazionale alla realizzazione dell'UME. Milano: Vita e Pensiero, 2012. testo a scelta su SISTEMA BANCARIO Cerca nel catalogo
  • Veneto Lavoro, 20° Rapporto 2012: un lento dimagrimento. Le ricadute della crisi sul sistema occupazionale.. Milano: Franco Angeli, 2012. testo a scelta su ISTITUZIONI DEL MERCATO DEL LAVORO Cerca nel catalogo
  • Maurizio Ferrera, Valeria Fargion, Matteo Jessoula, Alle radici del welfare all’italiana : origini e futuro di un modello sociale squilibrato. Venezia: Marsilio, 2012. testo a scelta su ISTITUZIONI DELLA SICUREZZA SOCIALE Cerca nel catalogo
  • Giorgia Profumo, Proprietà e governo delle grandi imprese in Italia. Torino: Giappichelli, 2008. testo a scelta su GOVERNANCE AZIENDALE Cerca nel catalogo
  • Raymond Geuss, Beni pubblici, beni privati. Origine e significato di una distinzione. Roma: Donzelli, 2005. testo a scelta su BENI COLLETTIVI Cerca nel catalogo