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as of 7/2/2022
LAW AND ECONOMICS
Country - Partner Institution - Programs:	Netherlands - Utrecht University - 'Utrecht Univ.'
UC Course Subject	Economics
Number & Suffix:	125
Full UC Title:	LAW AND ECONOMICS
Transcript Title:	LAW & ECONOMICS
UC QTR Units - Division:	6.0 - Upper Division
Course Description:	In this course the correlation between economics and law are examined by analyzing the main fields of law using the economic notions and methods studied so far. The literature of law and economics examines the problems related to incentives, cost of transaction, and risk that form the basis of legislation and the extent to which individual legal rules produce the desired effect. The following fields of law are discussed in particular: property law, contract law, liability law, procedural law and criminal law. Through this course students are able to analyze legal issues by means of microeconomic theoretic tools (incentive, cost of transaction and risk analysis) and develop policy based on insights derived from the domain where economics and law coincide. Students are expected to have basic knowledge of economics at the level of the Microeconomics and Institutions or Principles of Microeconomics.
Language of Instruction:	English
Partner Title:	LAW AND ECONOMICS
Partner University Department:	Economics
Partner University Course Number:	ECB3RE