Economics 252 - Law and Economics

Institution:

Bard College

Subject:

Description:

Human Rights The economic approach focuses on the choices people make in the context of given opportunities and constraints, and on how they respond to changes in incentives. This course applies economic principles to study the incentive effects that legal sanctions have on human behavior. In addition to making scientific predictions with regard to individual responses, students evaluate the welfare implications of the law on the grounds of efficiency and equity. Four areas of law are analyzed: property law, contracts, torts, and the concept of crime and punishment. Time permitting, legal issues associated with racial discrimination, sex and marriage, surrogate motherhood, or prostitution are addressed. Algebra and graphs are used intensively as analytical tools. Prerequisites: Economics 101 and at least one additional course in microeconomic theory or applications.

Credits:

4.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.bard.edu

Phone Number:

(845) 758-6822

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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