Economic Analysis of Law

Catalog description

Law and Economics has had a profound influence on modern legal analysis, with its effects being felt in legal theory, court decisions, the law school classroom, and regulatory policy. This course provides an introduction to the economic analysis of legal rules and decision making, including criminal law, torts, property, contracts, and legal procedure. Particular attention is given to how economic thinking confirms and challenges various aspects of traditional legal reasoning, including what is meant by justice. Prerequisite: Economics 201D.