TROY UNIVERSITY
MASTER SYLLABUS
SORRELL COLLEGE OF BUSINESS
ECO 4458
Law & Economics
Prerequisites
ECO 2251 and ECO 2252
Description
An economic analysis of the legal system that explores the efficiency of different legal decisions.
Objectives
On completion of the course, the student should be able to:
1.
2.
3.
4.
5.
Conduct a detailed examination of property law, contract law, and tort law;
Explain the economic theory of property, contract, and tort;
Discuss the economic theory of crime and punishment;
Introduce students to comparative law and economics;
Explore how different legal arrangements affect economic development.
Purpose
To provide a comprehensive overview of the economic approach to law. The course is both
theoretical and applied. Students taking this elective should already have satisfied all of their
2000-level core and specified-elective requirements. This is an unspecified elective course.
Master Syllabi are developed by the senior faculty in each business discipline. This Master Syllabus must be used as the basis for developing the
instructor syllabus for this course, which must also comply with the content specifications outlined in the Troy University Faculty Handbook.
The objectives included on this Master Syllabus must be included among the objectives on the instructor’s syllabus, which may expand upon the
same as the instructor sees fit. The statement of purpose seeks to position the course properly within the curriculum and should be consulted by
faculty as a source of advisement guidance. Specific choice of text and other details are further subject to Program Coordinator guidance.
19 April 2011
Master Syllabus: ECO 4458 (Revised August 2013)
Approved Texts
Cooter, R., and Ulen, J. (current). Law & Economics. Prentice Hall.
Deserpa, A. (current). Economics and the Common Law. Cengage.
Dnes, A. (current). Economics of Law: Property Contracts and Obligations. South-Western.
Troy University Faculty Handbook (2010): Section 3.9.2.8 [extract] — essential elements of the syllabus (somewhat modified for space):
1. Course title
2. Course number +
section
3. Term
4. Instructor
5. Prerequisites
6. Office hours
7. Class days, times
8. Classroom
location
9. Office location +
e-mail address
10. Office telephone
11. Course
description,
objectives
12. Text(s)
13. Other materials
14. Grading methods, 16. General supports
criterion weights,
(computer works,
make-up policy,
writing center)
mid-term grade
17. Daily assignments,
reports
holidays, add/drop
15. Procedure, course
& open dates, dead
requirements
day, final exam
18. ADA statement
19. Electronic device
statement
20. Additional
services,
statements
21. Absence policy
22. Incomplete-work
policy
23. Cheating policy
24. Specialization
requirements
(certification,
licensure, teacher
competencies)