Law and Economics I and II, taken together, provide a comprehensive survey of the subject.
Students can take either or both courses in any order.
We will compare the economic consequences of different legal rules and remedies for their violation. Graphs and algebra will be used routinely in class. The lectures parallel the text, so lecture notes are not very valuable compared to reading the book. The class will be taught by lectures with some questions posed to students. Students should read the assigned materials before coming to class so as to be prepared to answer questions in class.