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.

Econ Primary Majors only PreReq:Econ 103 or Res-Ec 102 Open only to Econ Primary majors until September 6, then open to all if space allows after add/drop..
May be used to fulfill IE requirement for Econ primary majors.