Welcome - Economic Analysis of Law LAWS 2246   Economic Analysis of Law
CREDIT HOURS: 3
The purpose of this course is to introduce to students the analysis of law from the perspective of economics. Economics offers an important theoretical perspective in the understanding of law and legal institutions. The economic analysis of law involves analysing the impact of law on society, as well as examining the question of what laws are most desirable for society. The fundamental objective is to understand and evaluate legal rules by asking how rational individuals can be expected to respond to them. Through the course, this approach will be applied to the law of property, contract, torts, procedure, criminal law and public law.
NOTES: This course does not fulfil the major paper requirement. Assessment Method: Based on two assignments, a final essay and class participation.
FORMAT COMMENTS: 3 credits, 3 hours per week