IMEI Control Institutional Economics

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Question 1. What is the institutions, what is their classification?
Question 2. How and why institutions change?
Question 3. What is the impact on the economic development institutions?
Question 4: The main element of the informal institutional environment?
Question 5. The institutions of a market economy, prevailing in Western Europe during the Middle Ages and the role of government in this process?
Question 6. What is the treatment of institutions in economic analysis, what is their place in different economic theories?
Question 7: Why do different types of economic activities correspond to different forms of economic organization, even in the same legal framework?
Question 8. What is the economic logic of various types of contractual devices (companies) that are used for the organization of production and exchange?
Question 9. What is the transaction costs and what is their value in the economy?
Question 10. Give the basic version of the classification of transaction costs?

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