COURSE INTRODUCTION AND APPLICATION INFORMATION


Course Name
Economic Analysis of Law
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
LAW 294
Fall/Spring
3
0
3
6
Prerequisites
None
Course Language
English
Course Type
Elective
Course Level
First Cycle
Mode of Delivery face to face
Teaching Methods and Techniques of the Course Discussion
Q&A
Lecture / Presentation
Course Coordinator
Course Lecturer(s)
Assistant(s)
Course Objectives The aim of this course is to establish the relationship between basic economics and legal concepts and to analyze the economic aspects of legal events.
Learning Outcomes The students who succeeded in this course;
  • Establish the connection between law and economy.
  • Explain the relationship between basic microeconomic concepts and legal issues
  • Define the economic dimension of property, tort, contract, crime and punishment.
  • Analyze the economic results of litigation and legal processes.
  • Interpret current legal debates from an economic point of view.
Course Description In this course, the basic economics and law concepts will be explained. Economics and legal aspects of property, tort, contract, crime and punishment, litigation and legal processes will be examined together. Thus, an economic analysis of the law will be made.

 



Course Category

Core Courses
Major Area Courses
X
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Required Materials
1 Relation between law and economics Robert Cooter/Thomas Ulen, "Law and Economics”, Berkeley Law Book, p. 1- 10..
2 Basic notions of microeconomics - I Robert Cooter/Thomas Ulen, "Law and Economics”, Berkeley Law Book, p. 11- 54
3 Basic notions of microeconomics - II Robert Cooter/Thomas Ulen, "Law and Economics”, Berkeley Law Book, p. 11- 54
4 Basic notions of law and courts Robert Cooter/Thomas Ulen, "Law and Economics”, Berkeley Law Book, p. 55- 69
5 Property law - I Robert Cooter/Thomas Ulen, "Law and Economics”, Berkeley Law Book, p 70- 111
6 Property law - II Robert Cooter/Thomas Ulen, "Law and Economics”, Berkeley Law Book, p. 70- 111
7 Exclusive issues of property law Robert Cooter/Thomas Ulen, "Law and Economics”, Berkeley Law Book, p. 112-186
8 Midterm Exam
9 Tortious act - I Robert Cooter/Thomas Ulen, "Law and Economics”, Berkeley Law Book, p 187-229
10 Tortious act - II Robert Cooter/Thomas Ulen, "Law and Economics”, Berkeley Law Book, p. 187-229
11 Law of contracts - I Robert Cooter/Thomas Ulen, "Law and Economics”, Berkeley Law Book, p. 276-306
12 Law of contracts - II Robert Cooter/Thomas Ulen, "Law and Economics”, Berkeley Law Book, p. 276-306
13 Crime and punishment Robert Cooter/Thomas Ulen, "Law and Economics”, Berkeley Law Book, p. 454-484
14 Litigation and judicial process Robert Cooter/Thomas Ulen, "Law and Economics”, Berkeley Law Book, p. 382-418
15 Review of the Semester
16 Final Exam
Course Notes/Textbooks

Robert Cooter/Thomas Ulen, "Law and Economics”, 6th edition, Berkeley Law Book, 2016, ISBN -13: 978-0-13-254065-0.

Suggested Readings/Materials

Alan Devlin, “Fundamental Principles of Law and Economics”, London, Routledge, 2015, ISBN 978-1-315-75188-7;

Cento Veljanovski, “The Economics of Law”, 2nd edition, The Institute of Economic Affairs, Great Britain, 2006, ISBN-13: 978-0- 255-36561-1.

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
1
15
Presentation / Jury
Project
Seminar / Workshop
Oral Exam
Midterm
1
35
Final Exam
1
50
Total

Weighting of Semester Activities on the Final Grade
2
50
Weighting of End-of-Semester Activities on the Final Grade
1
50
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Course Hours
(Including exam week: 16 x total hours)
16
3
48
Laboratory / Application Hours
(Including exam week: 16 x total hours)
16
Study Hours Out of Class
13
4
52
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
1
10
Presentation / Jury
Project
Seminar / Workshop
Oral Exam
Midterms
1
30
Final Exams
1
40
    Total
180

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1

To be able to possess the knowledge in legal terminology, concepts and principles.

X
2

Solves the legal problems with an analytic and integral point of view.

X
3

Evaluates the legal knowledge and abilities obtained with a critical approach.

X
4

Evaluates the developments in legal theory and practice by monitoring local, international and interdisciplinary dimensions.

X
5

Is conscious of social, professional and scientific principles of ethic behaviour.

6

Takes responsibility in solving problems by creative and innovative thinking.

7

Interprets the sources of law by ways of legal methodology.

X
8

To be able to interpret the legal norms with a sense of justice respectful to human rights and in the light of principles of democratic, secular and social state of law.

X
9

To be able to use the daily scientific sources and court judgments in the framework of life time learning approach.

X
10

Informs the related persons and institutions about legal matters both verbally and in written.

11

Monitors the daily legal information/court decisions and interacts with the colleagues in a foreign language (“European Language Portfolio Global Scale” Level B1).

X
12

Uses the information and communication technology together with the computer programs in a level required by the area of law (“European Computer Driving Licence, Advanced Level”).

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest