UNSW Handbook - Back to Home

Direct Find

Use this search only if you have an exact code for a Program, Stream, or Course, e.g. 3400, ACCTA13502, ACCT1501 or ACCT*.

Course

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:

Pre-requisite: 36 UOC of JURD courses for students enrolled prior to 2013. For students enrolled after 2013, pre-requisite: 72 UOC of JURD courses.

Excluded: LAWS3335

CSS Contribution Charge: 3 (more info)

Tuition Fee: See Tuition Fee Schedule

Further Information: See Class Timetable

View course information for previous years.

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.
Science students

Study Levels

Undergraduate Study Postgraudate Study Postgraduate Research Study Non-Award Study

UNSW Quick Links

Apply Online Fees and Financial Assitance Academic Calendar