ECON 225
Spring 2023 not offered
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This course uses economic analysis as a way of understanding the structure and evolution of the legal system from an economic perspective. Selected rules and institutional forms are drawn from the common law of tort, contract, property, and crimes. Students will be able to apply microeconomic theories (and thus develop economic intuition) by learning how legal rules evolve to handle imperfect information and especially moral hazard, which lead to disputes and lawsuits. |
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| Credit: 1 |
Gen Ed Area Dept:
SBS ECON |
| Course Format: Lecture / Discussion | Grading Mode: Graded |
| Level: UGRD |
Prerequisites: ECON101 OR ECON110 |
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Fulfills a Requirement for: (ECON-MN)(ECON) |
Major Readings:
MICELI, Thomas J.; The Economic Approach to Law, Stanford Univ. Press, 3rd Edition, 2017, ISBN-13: 978-1503600065.
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Examinations and Assignments:
: assign 6-8 HMs, have midterm and final while assigning no paper. |
Additional Requirements and/or Comments:
Students who complete ECON 225 cannot receive credit towards the major for ECON 325, or vice versa depending on your needs for major credit |
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