LAW AND ECONOMICS
Economic analysis of legal rules and institutions with emphases on how different areas of law influence individual incentives. Specific topics include: (1) property, (2) contracts, (3) torts, (4) legal procedure and (5) criminal law.
Topics
- (1) property, (2) contracts, (3) torts, (4) legal procedure and (5) criminal law
Topics explicitly listed in official catalogue description
Prerequisites & course information
Requisites: ECON 301 or 311 Course Designation: Core GenEd - Social & Behavioral Science Breadth - Social Science Level - Advanced L&S Credit - L&S Liberal Arts and Science Repeatable for Credit: No Last Taught: Fall 2026 Learning Outcomes: 1. Explain basic features of the Common Law and Civil Law traditions, their origins, their key differences, and some particular legal doctrines. Audience: Undergraduate 2. Apply basic microeconomic ideas and models to particular legal settings. Audience: Undergraduate 3. Analyze the effect of a law or aspect of the legal system on behavior, and judge which law will lead to better outcomes in a particular setting. Audience: Undergraduate Learning Outcomes: 1. Explain basic features of the Common Law and Civil Law traditions, their origins, their key differences, and some particular legal doctrines. Audience: Undergraduate 2. Apply basic microeconomic ideas and models to particular legal settings. Audience: Undergraduate 3. Analyze the effect of a law or aspect of the legal system on behavior, and judge which law will lead to better outcomes in a particular setting. Audience: Undergraduate
Sources
- Course catalogue ↗2026-2027