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ECON 657

Law and Economics

Catalog2026-2027
Credits3 units
LevelGraduate
Average gradeA-
Standard

Overview

Description

Examines economic efficiency implications and objectives of legal institutions and legal rulemaking; including common law, public regulation of the market and legal procedures.

Units

Lecture3

Catalog Details

Offering

Offered: Every Fall - Odd Years

Terms

fall

Attributes

Standard

Learning Outcomes

  • demonstrate understanding of the basic concepts involved in common law jurisprudence with an emphasis on property law, contracts, torts and family law.
  • demonstrate understanding of the relationship between law, ethics, morals, and economic efficiency.
  • demonstrate understanding of the relationship between legal processes, economic efficiency and the Coase Theorem.