Jul 12, 2024  
2014-2016 Undergraduate Catalog 
2014-2016 Undergraduate Catalog [ARCHIVED CATALOG]

EC 3750 - Law and Economics

The purposes of government intervention in markets are the focus of the course. The market failures that government is designed to correct are weighed against government failures. Industry studies are used to illustrate public choices about regulation, deregulation, antitrust, and other legal interventions in markets. Students learn the role of property in our legal system and economic analysis. The structure of the U.S. and foreign legal systems are examined from an economic perspective. Students learn to read, interpret, and apply Supreme Court cases to economic analysis of markets. A prior course in economics is helpful.

Prerequisite or Concurrent: (with permission of the department): EC 1000  or EC 1000 ; withdrawal from concurrent course will result in automatic drop of EC 3750.