Law, Economics and Justice

This course is a "capstone" course that will review basic doctrines covered in the first year courses (property, contracts, torts, criminal law, and procedure), and possibly other topics, with the purpose of exploring the extent to which those doctrines and areas of law can be explained, justified, criticized, or revised from the perspectives of economic efficiency and justice. Students who take the course should benefit from a more systematic analysis and review of the basic legal doctrines that form the foundation for most of the law, an understanding of basic (microeconomic) efficiency theory as applied to the law, a better understanding of the principles of justice and their application to various areas of the law, and an ability to recognize, employ and criticize efficiency and justice arguments in and outside the law. 
(added 11/06)

Credit Hours

Three credit hours.