Syllabus
Syllabus:
Lecture 1: Introduction
Lecture 2: Microeconomic paradigm and core concepts
Lecture 3: Economic theory of property law
Lecture 4: Economic theory of contract law (1/2)
Lecture 5: Economic theory of contract law (2/2)
Lecture 6: Economic theory of tort law (1/2)
Lecture 7: Economic theory of tort law (2/2)
Lecture 8: Economic theory of Crime
Lecture 9: Economics of litigation
Lecture 10: Economic theory of international law
Course Goals:
Upon successful completion of the course, participants should:
- obtain a general understanding of important law and economics concepts and methods;
- should possess the knowledge and skills to recognize the economic issue in a legal proplem;
- should be qualified to systematically engage a basic economic analysis of a legal problem.
Annotation
Annotation:
This course offers an introduction to the basic concepts of law and economics. The course provides an overview on classical methods of law and economics and the departures from those classical concepts.
The course is organized along two lines. First, the course introduces basic concepts about, e.g., human behavior according to the economic model, institutions and their typology, economcis as a toolkit. Second, the course applies these basic concepts to various legal context and, in so doing, highlights how the classcial economic model evolves in order to make meaningful predictions about rule-subjected individuals.
The course is designed with law students in mind, who did not have much exposure to economics.