IPEC-334 Law, Economics and International Policy
Fall for 2017-2018
This course examines: 1) the application of economic theory to the study of legal institutions and 2) how legal institutions affect the economic behavior of individuals. The first three weeks are devoted to an overview of the subject and a review of basic ideas in both economics and law. The next several weeks are spent examining how economics has been applied to major areas of the law including constitutional law and public choice, property rights, contracts, torts, criminal law, and antitrust regulation. The final weeks are look at how the discipline can be applied to international issues such as trade, environmental treaties, and comparative law.
Credits: 3
Prerequisites: Either ECON-101 or ECON-103
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