Course: Economic Analysis of Law

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Course title Economic Analysis of Law
Course code KPO/EAL
Organizational form of instruction Seminar
Level of course Master
Year of study 2
Semester Winter
Number of ECTS credits 4
Language of instruction English
Status of course Compulsory-optional
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
  • Bellová Jana, Ing. Ph.D.
  • Filipec Ondřej, Mgr. et Mgr. Ph.D.
Course content
1. Posner, Hayek, and the Economic Analysis of Law 2. Posner, Economics and the Law: From "Law and Economics" to an economic analysis of law 3. Law and Economics versus Economic Analysis of Law 4. Calabresi and behavioural tort law and economics 5. Consent, choice, and Quido Calabresi´s heterodox economic analysis of law 6. The role of the Chicago school of economics in the genesis of a new field of research: the Economic Analysis of Law 7. Economic Analysis of Law: An Inquiry of its Underlying logic 8. Law, Morality and Economics: Integrating Moral Constraints with Economic Analysis of Law 9. The Economic analysis of precontractual liability 10. Lawyers economics versus economic analysis of law: a critique of professor Posner´s "economic" approach to law 11. Economic Analysis of environmental Law : An Introduction 12. The economic analysis of law - will the Romanian doctrine finally catch up with it?

Learning activities and teaching methods
Dialogic Lecture (Discussion, Dialog, Brainstorming), Work with Text (with Book, Textbook)
Learning outcomes
The aim of the one term subject is to get the students acquainted with a reasonably new interdisciplinary approach connecting findings of law and economics. It is a significantly practically orientated subject with the aim to get the students actively acquainted with the individual areas of application of this field and at the same time to provide space for the student to practice their active knowledge of English language.
The students will be able to understand the possibilities of interdisciplinary approach of Law and Economics in individual areas of law and due to the applied educational methods such as analysis of real life situation they will be able to apply this skill in the future.
Prerequisites
Knowledge of English, Legal and Economics terminology

Assessment methods and criteria
Student performance

- Active participation in the lessons - Written work on selected area of application - Oral presentation of the written work
Recommended literature
  • Cooter, R., Ulen, T. (2011). Law and Economics -6th edition. Pearson.
  • Polinsky, A., M. (2011). An Introduction to Law and Economics -4th edition. Aspen Publishers.
  • Posner, R. (2014). Economic Analysis of Law -9th edition. Aspen Publishers.
  • Shavell, S. (2004). Foundations of Economic Analysis of Law.. Belknap Press.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester
Faculty: Faculty of Law Study plan (Version): European Studies Focusing on European Law (2017) Category: Social sciences 2 Recommended year of study:2, Recommended semester: Winter