Law and Economics

Catalog description

** Transfer course offered by NT752 ** 4550. Law and Economics. 3 hours. An introduction to the mutual interaction between legal systems and economic activity. Topics include an introduction to legal systems and institutions, legal analysis, application of economic concepts to various legal doctrines, contracts, torts, criminal law, constitutional law, regulation, antitrust. Emphasis is placed on using economic theory to develop and test hypotheses regarding the effects of laws on incentives and economic behavior, the allocation of resources, the distribution of income. Prerequisite(s): ECON 1100.