Introduction
How can effective contracts be designed? When should you sue a supplier? What is the economic rationale behind anti-money laundering rules? How can businesses operate in countries with weak legal systems? How can economic theory help us explain and understand existing law?
This course provides an introduction to the economic analysis of law. We will analyze how individual firms can best adapt to legal rules and how the legal system influences markets. We will also use economic theory to explain why our legal rules exist. Economic analysis is a powerful tool for interpreting and understanding existing law and can be used to formulate compelling legal arguments.
The course will focus on economic crimes, contract law, and civil procedure. The teaching will be based on cases that may vary from year to year.