PUBL 617 - The Economics of Law

[3]

Applies economic theory and reasoning to the classification and evaluation of legal doctrines and practices. Primary areas include property, torts, liability and contracts. Students look at the economics of the legal process, including selection of cases for trial, rules of evidence, criminal procedure and plea-bargaining. The course covers policy areas such as zoning, public utilities, environmental law, copyright and the First Amendment. Critical appraisal of efficiency as a legal standard is emphasized.
Prerequisite: Prerequisite: Consent of instructor. Prior exposure to microeconomics is helpful, but not necessary.