Brief description
This course provides a further exploration of economic analysis and its application to legal rules and institutions. It begins with an introductory overview of Law and Economics, followed by economic theory of contract law that is the main topic of this course (Law and Economics II). Finally, the course proposes an overview on the economic theory of crime and punishment, as well as legal process.
Course objectives
Students will understand how microeconomic theory can be used to critically evaluate law and public policy; and they will be able to apply economic concepts and methods in the analysis of regulations.
Organization
The course is split up between lectures on the core issues of the program and seminar sessions during which students have to contribute to the learning process by presenting scientific articles on selected relevant topics for the Law and Economics, and actively taking part in discussions concerning the proposed cases studies.
Materials
Cooter, R., & Ulen, T. (2016). Law and economics. Addison-Wesley.
Selected journal articles on the core areas of law: contracts, legal process, and crime.
Frequency | Weekday | Time | Format / Place | Period |
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Module | Course | Requirements | |
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31-MM10_a Managerial Economics | Ökonomische Analyse des Rechts II | Graded examination
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Student information |
31-MM12_a Mikrotheorie und -politik | Ökonomische Analyse des Rechts II | Graded examination
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Student information |
The binding module descriptions contain further information, including specifications on the "types of assignments" students need to complete. In cases where a module description mentions more than one kind of assignment, the respective member of the teaching staff will decide which task(s) they assign the students.
Degree programme/academic programme | Validity | Variant | Subdivision | Status | Semester | LP | |
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Economics and Management (BiGSEM) / Promotion | Economics; Field Courses | 4 |