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.

This class is only open to students whose primary major is Economics. PreReq:Econ 103 or Res-Ec 102 Fulfills IE requirement only for Econ primary majors. Open only to students whose primary major is Economics until classes begin, then open to all January 25th during Add/Drop.