Spring 2015
    Law No.: LAW7135
    Sched. No.: 115219173

Law And Economics
Section 1
Gilbert, Michael

Administrative Information:
During SIS enrollment, check on SIS for real-time enrollment numbers
Days, Times (Room):TR, 1000-1120 (SL294)
Capacity:64 **This information is current as of 05/22/2015 06:14:34 AM**
Current Enrollment:57 **This information is current as of 05/22/2015 06:14:34 AM**

Course Description:

The economic analysis of law has generated foundational insights and a handful of Nobel prizes. It guides many scholars, judges, practitioners, and policy-makers, and it provides one of the major theoretical perspectives on the study of law. This course introduces the topic. Students will learn how to construct economic models, analyze the incentive effects of legal rules and institutions, and evaluate the implications of different laws for efficiency and social welfare. We will use these tools to illuminate familiar and important areas of law, including criminal law, torts, contracts, property, and civil procedure. By the end of the semester, students will be able to generalize and apply the tools to other topics. No previous knowledge of economics is presumed or required.