ECON 485 - Law and Economics
Section: 001
Term: FA 2019
Subject: Economics (ECON)
Department: LSA Economics
Credits:
3
Waitlist Capacity:
unlimited
Enforced Prerequisites:
ECON 401 with a grade of at least C-; or Graduate standing.
Repeatability:
May not be repeated for credit.
Rackham Information:
Rackham credit requires additional work.
Primary Instructor:

This course examines important legal issues using economic analysis. Topics include property rights, torts, contracts, and crime. We will explore how the structure of the law can induce efficient incentives in each of these areas. Furthermore, we will also study the relative benefits and costs of market (cap-and-trade) and nonmarket (command-and-control) schemes of regulating the environment. Finally, this course studies financial regulation in the wake of the U.S. financial crisis.

Course Requirements:

final exam, midterm, 5 problem sets, and class participation

Intended Audience:

Economics majors who are interested in practical and real world applications of traditional microeconomic models.

Class Format:

lecture and regular discussion of current events

ECON 485 - Law and Economics
Schedule Listing
001 (LEC)
P
30660
Closed
0
 
-
TuTh 2:30PM - 4:00PM
The partner U-M / Barnes & Noble Education textbook website is the official way for U-M students to view their upcoming textbook or course material needs, whether they choose to buy from Barnes & Noble Education or not. Students also can view a customized list of their specific textbook needs by clicking a "View/Buy Textbooks" link in their course schedule in Wolverine Access.

Click the button below to view and buy textbooks for ECON 485.001

View/Buy Textbooks
Syllabi are available to current LSA students. IMPORTANT: These syllabi are provided to give students a general idea about the courses, as offered by LSA departments and programs in prior academic terms. The syllabi do not necessarily reflect the assignments, sequence of course materials, and/or course expectations that the faculty and departments/programs have for these same courses in the current and/or future terms.

Click the button below to view historical syllabi for ECON 485 (UM login required)

View Historical Syllabi
The Atlas system, developed by the Center for Academic Innovation, provides additional information about: course enrollments; academic terms and instructors; student academic profiles (school/college, majors), and previous, concurrent, and subsequent course enrollments.

CourseProfile (Atlas)