Mar 28, 2024  
Undergraduate Catalog 2017 - 2018 
    
Undergraduate Catalog 2017 - 2018 [ARCHIVED CATALOG]

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ECN 450 - Economics of Law

[3 credit(s)]
Pre-req: Gen Ed Eng/Comp, ECN 302. The economic concepts of public and private goods, externalities, and benefits vs. cost will be used to analyze the economic basis for and effects of property, contract, and tort law. Important cases will be discussed and issues such as the rules for determining the liability for accidents will be explored. In addition, the trade-offs involved in the use of the legal system itself will be explored in such areas as plea bargaining, trial vs. settlement of civil cases, and various arrangements for payment of legal costs.

General Education Category: Writing Across Curriculum, Capstone


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