Economics of the Law

⊕ Instructor
Dr. Ryan Safner
118 Rosenstock
safner@hood.edu
@ryansafner
Office hours: Tu/Th 3:30—5:00 PM

Course
TuTh
February 1–May 21, 2021
11:30 AM–12:45 PM
Meets on Zoom
Slack


This site contains the syllabus, schedule, and assignments for ECON 315 — Economics of the Law, held during Spring 2021 at Hood College.

By the end of this course, you will:

• Predict the consequences of various laws, institutions, and customs
• Predict what law will emerge under given conditions
• Determine whether law is economically efficient, and discuss whether the law should be economically efficient
• Derive the economic functions of key concepts, legal maxims, and rules in the substantive areas of law: torts, property, contracts, and criminal law
• Identify the sources of law in the United States
• Identify the key legal institutions of the United States

Given these objectives, this course fulfills all three of the learning outcomes for the George B. Delaplaine, Jr. School of Business Economics B.A. program:

• Use quantitative tools and techniques in the preparation, interpretation, analysis and presentation of data and information for problem solving and decision making […]
• Apply economic reasoning and models to understand and analyze problems of public policy […]
• Demonstrate effective oral and written communications skills for personal and professional success[…]