ECON 224 - Law and Economics

Second Semester. This course provides an introduction to the economic analysis of legal issues and explores the relationship of legal institutions and laws to economic efficiency and social goals, such as justice. Topics are chosen from among the following: property rights, externalities and environmental control, administrative processes, crime, contracts and liability (e.g. product liability and medical malpractice), public utility and antitrust regulations, individual rights and discrimination. Criticisms of the economic analysis of the law are also examined.

Prerequisites & Notes
Prerequisite: ECON 101.
Mr. Zinser

Credits: 3 hours