Law and Economics
- The goal of this course, therefore, is to acquaint students with an introduction to law and economics, from an empirical perspective.
- to analyse how households’ and firms’ supply and demand of products and services are affected by changes in market conditions, such as changes in legal rules
- to analyse in a qualified way private law problems from a law and economics perspective.
- to explain the basic theories of law and economic concerning prominent private law topics such as ownership, contract, tort and company law,
- to explain the content and consequences of different economic definitions of efficiency,
- Part 1: Empirical Analysis of Law and Economics and Conceptual Issues
- Part 2: Judicial Independence, Political Influence and Development
- Part 3: Judicial Bias
- Part 4 (if time): Russian Justice
- 2-page summary and discussion20% of the final grade
- Executive summary with discussion of an academic paper and a take-home exam50% of the final grade
- Class participation10% of the class
- Write a paper and present in classOptionally (replaces take-home exam)
- Class presentation20% of the final gradre
- 2021/2022 3rd module
- 2021/2022 4th modulePlease keep in mind that if a student receives a failing grade for a course, he or she gets two chances for a make-up. The first make up involves doing the 2-page summary and discussion (20%) i.e. executive summary with discussion of an academic paper and a take-home exam (50%). This is graded by the course instructor. The second make up is another chance to pass the course doing the same assignments. It is important to notice, that the formula for the course grade does not change. So if you do not take part in any assignments then you get zero, then your maximum grade will be 70% grade of retake. If presentation is missed due to a valid reason, the student will be required to hand in a 2-page report on a different paper similar to the mandatory one (summary and discussion of a published article).
- Jean-Bernard AUBY. (2017). Law and Economics.
- Dana Gold. (2009). Law and Economics : Toward Social Justice. Emerald Group Publishing Limited.
- Posner, R. A., & Yoon, A. H. (2011). What Judges Think of the Quality of Legal Representation. Stanford Law Review, 63(2), 317–349.