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 316-335 Economics of the Law

Credit Points

12.5

HECS Band

2

Coordinator

Mrs R Smith

Prerequisites

316-202 Intermediate Microeconomics.

Semester

1 (view timetable)

Contact

One 2-hour lecture per week

Subject Description

This subject addresses the economic principles underlying various areas of the law and which are relevant to legal practice. Three main issues will be studied. The first is competition law and consumer protection. The second is property rights, including environmental issues and intellectual property. The third main area concerns issues of contract and valuation issues that arise in compensation cases and disputes resolution, including divorce settlements. The course will develop economic tools to analyse these legal issues. These include incomplete contracting, oligopoly analysis and incomplete information.

Assessment

A 2 hour examination (60%); and written work not exceeding 4000 words (40%).



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Email Enquiries:          Course_Information@registrar.unimelb.edu.au