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ECON 485 - Law and Economics
Fall 2023, Section 001
Instruction Mode: Section 001 is  In Person (see other Sections below)
Subject: Economics (ECON)
Department: LSA Economics
See additional student enrollment and course instructor information to guide you in your decision making.
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 Details  Description  Schedule  Textbooks/Other Materials  Syllabi

Details

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:
Cho,Edward
Start/End Date:
Full Term 8/28/23 - 12/6/23 (see other Sections below)
NOTE: Drop/Add deadlines are dependent on the class meeting dates and will differ for full term versus partial term offerings.
For information on drop/add deadlines, see the Office of the Registrar and search Registration Deadlines.

Description

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 and nonmarket schemes of regulating the environment. Finally, this course will briefly touch on financial regulation in the wake of the US financial crisis.

Course Requirements:

Exams will consist of both multiple-choice and long answer questions.

Intended Audience:

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

Class Format:

Three hours of in-person class instruction per week.

Schedule

ECON 485 - Law and Economics
Schedule Listing
001 (LEC)
 In Person
25105
Open
69
 
-
TuTh 2:30PM - 4:00PMB844 EH
8/28/23 - 12/6/23

Textbooks/Other Materials

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

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Syllabi

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

CourseProfile (Atlas)

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)