Law & Economics: Private Law – 6644

Spring 2021

After an introduction to the methodology of law and economics, this course utilizes the standard tools of economic analysis for the study of law and legal institutions. After a review of some of the basic methods and concepts of economic analysis, the course will consider applications with special focus on: (i) sources of law and models of legal evolution; (ii) economics of property; (iii) economics of contracts; and (iv) economics of tort law.

The course grade will be assigned on the basis of an in-class multiple choice exam (50% of the grade) and a take-home essay problem (50%).