Law and Economics

Law and economics has become a central course in U.S. legal education and for students majoring in topics like economics, political science, and philosophy. Cooter and Ulen provide a clear introduction to economic analysis and its application to legal rules and institutions that is accessible to any student who has taken principles of microeconomics. The book's structure is flexible, beginning with an introductory overview of economic tools followed by paired chapters in five core areas of law: property, contracts, torts, legal process, and crime. Students leave the course understanding how microeconomic theory can be used to critically evaluate law and public policy.Chapter 1: An Introduction to Law and Economics Chapter 2: A Brief Review of Microeconomic Theory Chapter 3: An Economic Theory of Property Chapter 4: Topics in the Economics of Property Law Chapter 5: An Economic Theory of Tort Law Chapter 6: Topics in the Economics of Tort Liability Chapter 7: An Economic Theory of Contract Law Chapter 8: Topics in the Economics of Contract Law Chapter 9: An Economic Theory of the Legal Process Chapter 10: Topics in the Economics of the Legal Process Chapter 11: An Economic Theory of Crime and Punishment Chapter 12: Topics in the Economics of Crime and Punishment