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Economic Analysis and the Law
ECON 225
Spring 2021
Section: 01  

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 are studied. 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.
Credit: 1 Gen Ed Area Dept: SBS ECON
Course Format: Lecture / DiscussionGrading Mode: Student Option
Level: UGRD Prerequisites: ECON101 OR ECON110
Fulfills a Major Requirement for: (ECON-MN)(ECON)
Past Enrollment Probability: 75% - 89%

Last Updated on JUL-15-2024
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