LAW AND ECONOMICS

ECO403

Course Type

Elective Course

Course Level

Bachelor's Degree

Year of Study

Semester

ECTS

Name of Lecturer(s)

Learning Outcomes

At the end of this course, the students;

Students who succeed in this interdisciplinary course improve their mastery of analyzing the legal issues using economic way of thinking. They also get familiar with the contributions of law to the economics.

Mode of Delivery

Face to face

Prerequisites

Recommended Optional Programme Components

None

Course Description

This course examines the interrelationship between law and economics.

Course Contents

WEEK	TOPICS
1^st Week	Course Outline, Introduction to Law and Economics
2^nd Week	Review of Microeconomic Theory, Basic law concepts and review of Turkish legal system
3^rd Week	History of and the Schools of Thought in Law and Economics
4^th Week	An Economic Theory of Property
5^th Week	Topics in the Economics of Property Law
6^th Week	An Economic Theory of Tort Law
7^th Week	Midterm
8^th Week	Topics in the Economics of Tort Liability
9^th Week	An Economic Theory of Contract Law
10^th Week	Topics in the Economics of Contract Law
11^th Week	An Economic Theory of Crime and Punishment
12^th Week	Topics in the Economics of Crime and Punishment
13^th Week	Behavioral Law and Economics
14^th Week	Future of Law and Economics

Recommended or Required Reading

Robert Cooter & Thomas Ulen (2012), Law & Economics, Sixth Edition, Pearson.

Planned Learning Activities and Teaching Methods

Assessment Methods and Criteria

	Quantity	Percentage (%)
Mid-term	1	40
Total(%)		40
Contribution of In-term Studies to Overall Grade(%)		40
Contribution of Final Examination to Overall Grade(%)		60
Total(%)		100

ECTS Allocated Based on Student Workload

Activities	Quantity	Duration (Hour)	Total Workload (Hour)
Midterm exam	1	1	1
Preparation for Quiz	0	0	0
Individual or group work	14	3	42
Preparation for Final exam	1	30	30
Course hours	14	3	42
Preparation for Midterm exam	1	25	25
Laboratory (including preparation)	0	0	0
Final exam	1	1	1
Homework	0	0	0
Total Work Load			141
Total Work Load / 30 (h)			4.7
ECTS Credit of the Course			5

Language of Instruction

English

Work Placement(s)