UNSW Handbook Course - Economic Analysis of Law

Economic Analysis of Law - JURD7335


	Faculty: Faculty of Law
	School: Faculty of Law
	Course Outline: http://www.law.unsw.edu.au/
	Campus: Kensington Campus
	Career: Postgraduate
	Units of Credit: 6
	EFTSL: 0.12500 (more info)
	Indicative Contact Hours per Week: 4
	Enrolment Requirements:
	36 UOC completed in Juris Doctor Program (9150)
	Excluded: LAWS3335
	CSS Contribution Charge:Band 3 (more info)
	Tuition Fee:See Tuition Fee Schedule
	Further Information: See Class Timetable

Description

This course provides an introduction to economic analysis of law and policy. For instance, the law against insider trading prohibits trading based on material, non-public information. In this course we examine what exactly is meant by “materiality”; we examine methods to determine whether information is public and to what degree it is reflected in the financial markets; and we analyse how this affects the legal liability of a trader in possession of the information.

Recommended Prior Knowledge (if any)

No prerequisites.

Main Topics

Economic theory of contracts, including bargaining theory
Economic analysis of tort liability
Economic analysis of property law, including intellectual property and economics of information
Law and economics of mergers and acquisitions
Event studies in emperical analysis of corporate law, including financial frauds and market manipulation

Assessment

Class participation 10%
Periodic assignments 20%
Final Exam 70%

Course Texts

Recommended

A. Mitchell Polinsky,An Introduction to Law and Economics, 3rd ed, 2003, Aspen Publishing
David D. Friedman,Law's Order, 2000, Princeton U. Press
Robert Cooter and Thomas Ulen,Lalw & Economics,5th ed, 2007, Pearson Australia
Richard A. Posner, Economic Analysis of Law, 7th ed, 2007, Aspen Publishing
Ward Farnsworth, The Legal Analyst

Resources

Refer to the course outline which will be provided by the lecturer at the beginning of the relevant semester.

URL for this page:

© The University of New South Wales (CRICOS Provider No.: 00098G), 2004-2011. The information contained in this Handbook is indicative only. While every effort is made to keep this information up-to-date, the University reserves the right to discontinue or vary arrangements, programs and courses at any time without notice and at its discretion. While the University will try to avoid or minimise any inconvenience, changes may also be made to programs, courses and staff after enrolment. The University may also set limits on the number of students in a course.