COURSE INTRODUCTION AND APPLICATION INFORMATION


Course Name
Law and Economics
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
LAW 290
Fall/Spring
3
0
3
6
Prerequisites
None
Course Language
English
Course Type
Elective
Course Level
First Cycle
Mode of Delivery -
Teaching Methods and Techniques of the Course
Course Coordinator
Course Lecturer(s)
Assistant(s) -
Course Objectives To connect basic concepts of economy and law and to analyse economic causes of the legal events.
Learning Outcomes The students who succeeded in this course;
  • Explain the connection between law and economics
  • Discuss the connection between basic concepts of microeconomics and law
  • Interpret economic aspect of property, tortious act, contract and crime and punishment
  • Analyze litigation and judicial procedures at the economy level
  • Discuss the relation between economics systems and law
  • Analyze the source of economic theories and theirs’ relation to legal institutions
  • Interpret current economic debates from a legal point of view
Course Description Basic notions of economy will be explained. Property, tortious act, contract, crime and punishment and economic and legal analysis of the litigation and judicial procedures will be assessed. In this way an economic analysis of law will be reached.

 



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 Cooter R., and Ulen T."Law and Economics" (2016), s. 1- 10
2 Basic notions of Microeconomics - I Cooter R., and Ulen T."Law and Economics” (2016) s. 11- 54
3 Basic notions of Microeconomics - II Cooter R., and Ulen T."Law and Economics" (2016) s. 11- 54
4 Basic notions of law and courts Cooter R., and Ulen T."Law and Economics" (2016) s. 55- 69
5 Property law - I Cooter R., and Ulen T."Law and Economics" (2016) s. 70- 111
6 Property law - II Cooter R., and Ulen T."Law and Economics" (2016). s. 70- 111
7 Exclusive issues of property law Cooter R., and Ulen T."Law and Economics" (2016). s. 112-186
8 Midterm
9 Tortious act - I Cooter R., and Ulen T."Law and Economics" (2016). s. 187-229
10 Tortious act - II Cooter R., and Ulen T."Law and Economics" (2016). s. 187-229
11 Law of contracts - I Cooter R., and Ulen T."Law and Economics" (2016). s. 276-306
12 Law of contracts - II Cooter R., and Ulen T."Law and Economics" (2016). s. 276-306
13 Crime and punishment Cooter R., and Ulen T."Law and Economics" (2016). s. 454-484
14 Litigation and judicial process Cooter R., and Ulen T."Law and Economics" (2016). s. 382-418
15 Review of the semester
16 Final
Course Notes/Textbooks

Cooter, Robert and Ulen, Thomas, "Law and Economics, 6th edition" (2016). Berkeley Law Book

Suggested Readings/Materials

VELJANOVSKI CENTO, “The Economics of Law Second Edition”, (2006), Great Britain, The Institute of Economic Affairs,

Parkin Michael, Powel Melaine, Matthews Kent, Essential Economics, European Edition, Pearson, 2012, Essex

Ippolito, R.A. (2005): Economics for Lawyers, Princeton University Press, Princeton and Oxford

 

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
15
3
45
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
173

 

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

To be able to solve the legal problems with an analytic and integral point of view.

X
3

To be able to evaluate the legal knowledge and abilities obtained with a critical approach.

X
4

To be able to evaluate the developments in legal theory and practice by monitoring local, international and interdisciplinary dimensions.

X
5

To be able to have awareness of social, professional and scientific principles of ethic behaviour.

X
6

To be able to take responsibility in solving problems by creative and innovative thinking.

X
7

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
8

Working efficiently and effectively, learning how to be a team member, taking responsibilities, being open minded, constructive, open to criticism and having self confidence

X
9

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

X
10

To be able to inform the related persons and institutions about legal matters both verbally and in written.

X
11

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

X
12

To be able to use 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”).

X

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