Economics And The Law

Catalog description

This course is a study of the economic consequences of law. The focus is on the impact of laws on the efficient use of resources in a society. The relevant microeconomic theory underlying social decision making will be examined. The economic foundations of property rights and contract law will be examined, including issues of risk allocation and liability associated with tort law. Typically offered Fall Spring. Prerequisite(s): ECON 25100 FOR LEVEL UG WITH MIN. GRADE OF C View Class Schedule