Courses

    This course covers a variety of selected economic concepts that have relevance for the study and practice of law, including economic incentives, decision theory, bargaining, game theory, externalities, risk sharing, adverse selection, and error analysis. The course does not provide a broad overview of the debate over "law and economics." Instead, it reviews certain basic concepts in economics that are useful for lawyers and applies them to selected legal issues. Besides the reading, the course requirements include a number of economics problems which form the basis for the discussion and are turned in each week. There is no economics prerequisite. This course will be aimed at students who do not have an extensive economics background but want to learn to utilize economic arguments.