ECON 3500 - Law and Economics

(3 credits)

Prerequisites: ECON 2210 and ECON 2220

Introduces economic analysis of various areas of the law. The focus of the course is on legal rules regulating the behavior of individuals, corporations, and groups using the tools of economics and related disciplines. Topics may include the economic function of contracts; remedies for breach of contract; how to correct market failure from externalities with legal actions; the economic motive to commit crimes; the death penalty, gun controls, privacy, negligence versus strict liability; property rules governing areas such as incompatible land uses, nuisance and trespassing.

View the Fall 2024 Schedule of Classes

View the Spring 2025 Schedule of Classes