Economic analysis of basic common law and legal institutions. The course will begin with an in-depth treatment of the development and enforcement of property rights. The tools of economic analysis will be used to discuss property, contract, and torts law. No prior knowledge of law is expected of the students.

Antirequisite(s): Economics 3366A/B.

Prerequisite(s): Economics 2150A/B.

Extra Information: 3 lecture hours.