Law and Economics

LAW7135
Section 1, Fall 23

Schedule Information

Enrollment: 17/64
Credits: 3
Days Time Room Start Date End Date

Mon

,

Wed

 		1410-1530 SL262

Course Description

This course provides an introduction to law & economics. The course will provide background in microeconomics, decision theory and game theory, with an emphasis on practical applications. We will then use these tools to illuminate familiar areas of law, including property, torts, contracts, civil procedure, and criminal law. Students will learn how to construct economic models, analyze the incentive effects of legal rules and institutions, and evaluate the implications of different laws for social welfare. No previous knowledge of economics is required. Note: this course will incorporate topics that were previously covered in Quantitative Methods (LAW 7075). Any student who has previously taken Quantitative Methods should consult with the professor before enrolling in this course.

Course Requirements

Exam Information

Final Type (if any): Flex

Description: Flex exam at end of semester.

Other Course Details

Prerequisites: None Concurrencies: None

Exclusive With: Students with background in economics are welcome to take the course. Likewise, students who have taken the Law and Economics Colloquium, Law and Economics II, or both at the Law School are welcome to take the course. However, students who have taken any other law and economics course, including as undergraduates, cannot take the course for a grade. Such students are welcome to audit the course.

Laptops Allowed: Yes

First Day Attendance Required: No

Course Resources: To be announced.

Course Notes: Students with background in economics are welcome to take the course. Likewise, students who have taken the Constitutional Law and Economics, Law and Economics Colloquium, and/or Law and Economics II at the Law School are welcome to take the course. However, students who have taken any other law and economics course, including as undergraduates, cannot take the course for a grade. Such students are, however, welcome to enroll in the course as an Auditor.

Graduation Requirements

Satisfies Understanding Bias/Racism/Cross-Cultural Competency requirement: No

Satisfies Writing Requirement: No

Credits For Prof. Skills Requirement: No

Satisfies Professional Ethics: No

Additional Course Information

Schedule No.: 123820671

Modified Type: Lecture

Cross Listed: No

Concentrations: Economics and Social Science

Evaluation Portal Via LawWeb Opens: Friday, November 24, 12:01 AM

Evaluation Portal Via LawWeb Closes: Friday, December 08, 11:59 PM

Information reflected on this page was last refreshed at: Wednesday, May 01, 2024 - 7:04 AM *

*During open enrollment periods, live enrollment data may be found in SIS.