Bachelor
2024/2025
Law and Economics
Type:
Elective course (HSE/NES Programme in Economics)
Area of studies:
Economics
Delivered by:
Undergraduate Programmes Curriculum Support
Where:
Faculty of Economic Sciences
When:
3 year, 3, 4 module
Mode of studies:
offline
Open to:
students of one campus
Language:
English
ECTS credits:
6
Course Syllabus
Abstract
How does law shape economics? What implications does legal environment has on economic and political development? What legal institutions promote rule of law? How and why are courts biased? These questions have animated both economists and political scientists since centuries. In this course, we answer these questions by introducing students to the vibrant “law and economics” field. First, we explore what kind of legal institutions promote economic development and democratic accountability? Second, we discuss different determinants of judicial bias and provide evidence for them. The goal of this course, therefore, is to acquaint students with an introduction to law and economics, from an empirical perspective.
Learning Objectives
- The goal of this course, therefore, is to acquaint students with an introduction to law and economics, from an empirical perspective.
Expected Learning Outcomes
- to analyse how households’ and firms’ supply and demand of products and services are affected by changes in market conditions, such as changes in legal rules
- to analyse in a qualified way private law problems from a law and economics perspective.
- to explain the basic theories of law and economic concerning prominent private law topics such as ownership, contract, tort and company law,
- to explain the content and consequences of different economic definitions of efficiency,
Course Contents
- Part 1: Empirical Analysis of Law and Economics and Conceptual Issues
- Part 2: Judicial Independence, Political Influence and Development
- Part 3: Judicial Bias
- Part 4 (if time): Russian Justice
Assessment Elements
- 2-page referee report
- Presentation
- Pre-report presentation and a research report
- Class participation
Interim Assessment
- 2024/2025 4th module0.25 * 2-page referee report + 0.2 * Class participation + 0.3 * Pre-report presentation and a research report + 0.25 * Presentation
Bibliography
Recommended Core Bibliography
- Jean-Bernard AUBY. (2017). Law and Economics.
Recommended Additional Bibliography
- Dana Gold. (2009). Law and Economics : Toward Social Justice. Emerald Group Publishing Limited.
- Posner, R. A., & Yoon, A. H. (2011). What Judges Think of the Quality of Legal Representation. Stanford Law Review, 63(2), 317–349.