Course ID
039383
Course Description
This course uses economic analysis to analyze the basic common law areas of property, contract, tort, and criminal law. Economic tools are used both to understand the basic structure of the law, and to suggest how the law might be made more efficient. The course assesses whether individuals or collective action (courts) are better for addressing market failures. Transaction costs and litigation costs (among other things) are crucial to the assessment.
Min Units
3
Max Units
3
Repeatable for Credit
No
Grading Basis
GRD - Regular Grades A, B, C, D, E
Career
Undergraduate
Enrollment Requirements
018028
Course Requisites
May be convened with
Component
Lecture
Optional Component
No