CREDITS 2 (LV) 3 (ECTS) - 30 Contact Hours
The multi-disciplinary field of Law and Economics - which complements the study of legal rules with economic concepts such as ‘incentive’ and ‘efficiency’ - allows to answer these questions. The Law and Economics course is precisely designed in order to provide 3rd-year Bachelor students with a comprehensive overview of this subject. While showing concrete examples of its real-world application, the course illustrates that the economic analysis of legal rules fulfils both a descriptive function and a normative function and represents a fundamental item in the toolbox of any student pursuing a career in Law. The course overviews the relevant features of property law, contract law, accident law and litigation, as well as the issues related to the enforcement, structure and optimality of law.