ECO 317 ECONOMIC ANALYSIS OF THE LAW

Economics and law with special reference to how the law promotes efficiency when it creates incentives for problems to be solved in the most cost efficient way and when it reduces transaction costs so that parties to a dispute can reach low-cost solutions. Topics will include basic price theory, definitions of efficiency, the Coase Theorem, and the economics of contract law, tort law, and antitrust.

Credits

4

Prerequisite

ECO 205.

Enrollment Limit

Enrollment limited to 28 students.