Economics is of fundamental importance for law students. As future legal academics, judges, lawyers, or public officials, law students will be routinely confronted with fundamental questions about the economic underpinnings of certain legal rules or commercial practices, their impact on society, and their desirability. The purpose of this minor is to offer students a basic understanding of the economic principles and methods that are most relevant for legal scholars. Students are expected to learn how to critically read theoretical and empirical economic analyses of legal problems and to apply such methods in an analytical essay.
Class meets once a week for two hours. Attendance is Mandatory. Classes are taught in English according to the Socratic method typical of US law schools. Students will be asked to prepare in advance on a judicial decision or an academic publication, which will then be examined in detail during the following class. Economic principles will be distilled from actual legal cases or practices. Classes will be interactive with most of the time devoted to questions and critical appraisal of existing theories and empirical analysis. L&E III consists of a short research paper.
The minor is organized in three separate courses:
|Credits||15 ECTS, 6 months|
|Language of instruction||English|