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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.
List of contents
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
Summary
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.
