Law and Economics

Semester: Spring 2015
Course ID: 279M
Credit Hours: 2
Unique: 28625

Course Information

Grading Method: Pass/Fail Not Allowed

Registration Information

Upperclass-only elective

Meeting Times

Day	Time	Location
MON, WED, THU	3:45 - 5:35 pm	JON 5.201

Evaluation Method

Type	Date	Time	Location
Paper

Description

Economic theory provides the jurist and the lawyer with tools to analyze the effects of legal rules on the behavior of individuals and firms. Based on the assumption that individuals act rationally, economic analysis of the law allows one to examine the expected outcomes from adopting a certain legal rule, and the welfare effects of such a rule, including its implications over efficiency, equality and fair distribution. This course provides a one semester introduction to the field of law and economics. Topics to be covered include property law, tort law, contract law, procedure, and criminal law.

Textbooks ( * denotes required )

Foundations of Economic Analysis of law *

shavell, steve

Harvard-Belknap , edition: 2004
ISBN: ISBN-13: 978-0674011

(this book is optional but recommended) Introduction to Law and Economics (optional)

A Mitchell Polinsky

Wolters Kluwer , edition: 2011
ISBN: ISBN-13: 978-07355

Instructors

Klement, Alon