Economics 394LI - Law and Economics

In this course, we will look at the legal system as an economic system, where penalties and damages act as prices for various activities. We will ask whether the enforcement of legal rules leads to an efficient allocation of resources. Much of the focus of the course will be on property, contract and tort law. Satisfies the Integrative Experience requirement for BA-Econ majors.

PreReq:Econ 103 or Res-Ec 102 Open to Econ primary majors only until after juniors enroll, then open to all on April 11th.
May be used to fulfill IE requirement for Econ primary majors.