ECON 4650 - Law and Economics

5 credit hours
Applies economic analysis to the American legal system and particularly to the common law. the analysis considers the economic effects of legal rules, whether and how legal rules should be shaped to reflect economic concerns, and the extent to which the law has evolved towards economically efficient outcomes. The course encourages systematic thinking about moral issues and questions of justice.

Prerequisite Course(s): ECON 2110, ECON 3110 recommended