ECON 327 - Economics of Crime
Section: 001
Term: WN 2018
Subject: Economics (ECON)
Department: LSA Economics
Waitlist Capacity:
Enforced Prerequisites:
ECON 101 (completed with a minimum grade of C or better).
Advisory Prerequisites:
ECON 102 (unless ECON 101 completed with B or higher).
May not be repeated for credit.
Primary Instructor:

This course applies economic theory and methods to the study of crime. We will use basic supply and demand principles to think about why, where, and when illegal behavior occurs, and what the government might do to reduce it. We will also explore the empirical literature to understand what incarceration and policing do, how illegal markets (and their regulation) work, whether policies outside of criminal justice matter, and how benefit/cost analysis informs decisions about crime prevention. By the end of the course, students will be able to use an economic framework to analyze illegal behavior, to read and evaluate an empirical paper, and to think critically about findings from the crime prevention literature. Although public discourse about crime often involves philosophical discussions about justice, this course will eschew such arguments, focusing instead on how individual decision-making under constraints helps to explain crime and its prevention.

Course Requirements:

Calculus, statistics, and econometrics are not required; however, the course will teach aspects of all of these areas, so basic numeracy, including reading and generating graphs as well as manipulating and interpreting equations, will be necessary to succeed. Course grades will be based on quizzes, problem sets, exams, and a final group project that includes a presentation and a paper.

ECON 327 - Economics of Crime
Schedule Listing
001 (LEC)
TuTh 4:00PM - 5:30PM
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