As mechanisms of social cooperation, institutions are manifest in both objectively real, formal organizations, such as the U.S. Congress, the Roman Catholic Church or the Bank of England, and, also, in informal social order and organization, reflecting human psychology, culture, habits and customs. Most important institutions, considered abstractly, have both objective and subjective aspects: examples include money and marriage. The institution of money encompasses many formal organizations, including banks and government treasury departments and stock exchanges, which may be termed, "institutions," as well as subjective experiences, which guide people in their pursuit of personal economic well-being and wealth. Powerful institutions are able to imbue a paper currency with certain value, and to induce millions into cooperative production and trade in pursuit of economic ends abstractly denominated in that currency's units. The subjective experience of money is so pervasive and persuasive that economists talk of the "money illusion" and try to disabuse their students of it, in preparation for learning economic analysis.
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Christchurch College of Education - Teacher and business education, performing arts, professional development for teachers , sport coaching and science, modular computing, community courses, special education and adult teaching. Contact details and information on courses, education, resources, employment, research and staff.
College House - Canterbury University accommodation taking students from all faculties. History, plus information on accommodation, facilities, College life, academic standards, the College House Association and contacts.
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