Jul 03, 2020  
Undergraduate Catalog 2011-2012 
Undergraduate Catalog 2011-2012 [ARCHIVED CATALOG]

ECO 470 - Law and Economics

3 cr.

(Prerequisite: ECO 361 or permission of the instructor) 

This course focuses on the public-policy implications of law and economics.  It is based on the notion that legal rules establish implicit prices for different types of behavior and that consequences of these rules can be analyzed using microeconomics.  In particular, microeconomic theory is used to analyze economic aspects of property, contracts, torts, and crime.