The Economic Analysis of Law

At the end of the course, participants will be to :

• Understand how economists analyze legal problems;
• Understand how economics contribute to the understanding of the legal system; and
• Apply the principles of economics in specific legal contexts.

What You'll Learn

This course is offered under the Faculty of Law's Graduate Coursework Programmes in Corporate & Financial Services Law.

In this course, we will look at the way economists analyze legal problems and how economics has contributed to our understanding of the legal system. In order to do that, we'll want to get a firm grounding on what an economist's lens looks like. We'll run through the main principles of economic thought.

After this introduction to economic thinking, we'll look at how the principles of economics are applied in specific legal contexts. For these basic applications, we shall take examples from four courses (Property, Contracts, Torts, Criminal Law) to see how an economist might approach these problems.

Following on from these basic applications, we'll look at various extensions to the basic model and special topics.

Minimum Entry Requirement

A good Bachelor's or Juris Doctor degree in Law