Certificate in Institutional Economics

Institutional Economics focuses on connectedness between emerging and evolving structures of an economy and society and related economic outcomes. Students completing the Certificate in Institutional Economics deepen their understanding of how institutions emerge, evolve and ultimately wield influences on economic outcomes. This Certificate Program welcomes the wisdom that students bring into the classroom. This includes;

  1. currently enrolled undergraduate students
  2. postgraduate students
  3. members of the broader community.

For students majoring in Economics or Quantitative Economics, earning this Certificate requires the completion of an additional 16 credits of approved elective courses. Please note that electives included in the Certificate in Institutional Economics do not count towards the Economics major.

Each of the following courses are for 4 credits.

Required Courses (12 credits total)

EC 201: Principles of Microeconomics
EC 202: Principles of Macroeconomics
EC 460: History of Economic Thought

Elective Courses (16 credits total)

The student may propose up to two alternative electives courses, inside or outside the Economics Department. Alternative electives will contribute to the understanding of economic institutions and meet the educational and career goals of the student.

Elective Courses are not Subject to Program Director Approval:

EC 345 - Marxist Political Economy
EC 350 - Economics of Developing Countries
EC 417 - Women in the Economy
EC 419 - Economics of Race and Ethnicity
EC 442 - The Multinational Enterprise in the World Economy
EC 443 - Global Environmental Economics
EC 445 - Comparative Economic Systems
EC 446 - Institutional Economics
EC 447 - Economics of Transition
EC 448 - East Asian Economic Development
EC 456 - American Economic History: First Century
EC 457 - American Economic History: 20th Century
EC 465 - Labor Economics

Other Requirements:

  • 16 of the required 28 credits must be taken in residency with the Department of Economics at Portland State University.
  • All courses must be taken for a grade (not P/NP), with a grade of C- or better.
  • Award of the Certificate in Institutional Economics requires a GPA in included courses of 2.00 or above.

Program Director: Professor John Hall, hallj@pdx.edu