DEPARTMENT OF ECONOMICS ECON315 M24W70: ECONOMICS OF CRIME Course Outline Professor: Office: Tel. (Office): E-mail: Office Hours: Ahmed Hoque, PhD N/A N/A Ahmed.Hoque@viu.ca Please see below. Communication: Email communication and, if needed, ZOOM video meeting replace the conventional Office Hours of the professor during the term. Students are encouraged to communicate via email for any specific question/issue. Emails would be replied assessing the importance of the subject matter in a timely fashion. Students are requested to follow standard email writing style, particularly about the salutation and student identification. 1. Calendar course description An introduction to economics and econometric models towards explaining issues of crime and punishment. Deals with the economic approach of evaluating incentives and disincentives associated with criminal activity. Role of social factors and the criminal justice system in shaping policies set forth to deal with such crime is also examined. 2. Learning outcomes At the end of the course the student should be able to ➢ understand various concepts, issues and models of crime in economics. ➢ apply models in the areas such as property crimes, crimes against people, victimless crimes and crimes against the state. ➢ understand the empirical evidence and debates about ways to deal with crimes ➢ understand an introductory level of the criminal justice system as it relates to the main players that determine crime outcomes. ➢ critically consider and evaluate at the intermediate level policies aimed at prevention or reduction of crime from an economic viewpoint. ➢ observe an improvement in their research and communication skills to a point where they can question the methods and standards of economic knowledge 1 3. Prerequisites One of ECON 211, ECON 212, MGMT 292, third-year standing, or permission of instructor. 4. Course materials Text (optional) D. Hellman and N. Alper (2006) Economics of Crime, 6th edition, Pearson Publishing B. L. Benson and R. L. Zimmerman (2010) Handbook on the Economics of Crime, Edward Elgar Publishing Yezer, Anthony (2014). Economics of Crime and Enforcement. Routledge - Taylor & Francis, New York Earling, E. et al. (2006). Economics of Crime. Foundation and Trends in Microeconomics, Vol 2 (3), p. 205-279 Supplementary readings Throughout the course, a number of academic papers/articles published in economic, law, criminology and sociology journals will be read and discussed. Articles will be announced during the term in a timely manner. For historical and contemporary data on crime, students are requested to visit, but not limited to, the following websites: • RCMP database (http://www.rcmp-grc.gc.ca/en) • Statcan (http://www5.statcan.gc.ca) • FBI Uniform Crime Reporting (https://www.fbi.gov/about-us/cjis/ucr/ucr) • Bureau of Justice Statistics (http://www.bjs.gov/) • Interpol crime areas (http://www.interpol.int/Crime-areas) All course materials, i.e., lecture notes, reading materials, papers, etc., and announcements will be posted on VIULearn course page. Students are strongly advised to visit the course site regularly and keep their email information up to date with the system. 5. Basis of student assessment The final grade will be determined based on the following assessment criteria Tests (2) Individual term paper 50% 50% Test (50%) There are two exams for this course, and each of them is worth 25% of the final grade. Exams contain long answer questions. Questions are drawn from text/study materials and related academic papers/reports referred to the lecture notes. It is students’ responsibility to collect/obtain the papers/reports and study them (that are mostly available online and in some cases a student may need to search through the university library platform). Exam dates and syllabus are as follow: Test I May 29, 2024 Syllabus: Topic 1-4 Test II June 21, 2024 Syllabus: Topic 5-8 2 Term Paper (50%) Students are required to write an individual term paper for this course. Each student finds a crime topic of his/her interest. It is a student’s responsibility to collect related data and evidence from reliable/authentic sources for the research. Please see your VIULearn page for more information/instructions on the paper writing. You must submit your proposal and final paper in dropboxes created in VIULearn page – no email attached submission will be considered. Proposal (5%): Students are required to write a proposal of their research approved by the Professor by no later than fourth week of the course (May 31, 2024). The proposal contains a proposed title, a brief description on importance of the topic, methodology (what kind of analysis to be done) and expected outcomes/concluding remarks. The proposal is generally 2-3 pages long with references. Final Report (45%): The final report is normally due on the last day of the course. However, given the test on the last day of the course, the submission date for the report is set on June 24. A term paper is normally 20-25 pages long including the reference list and appendices. Please make sure that your paper maintains standard formatting style. Writing style and help Faculty of Management (Business) requires the APA style of referencing for academic papers. Resources for using APA are available from the VIU Writing Centre (Library, Room 474). You can find their hours of operation and access to online student resources (including tutorials and a printable Quick Guide at: http://sites.viu.ca/writingcentre/ Academic Misconduct Academic misconduct includes, but is not limited to, giving and receiving information during any test or exam, using unauthorized sources of information during any test; plagiarizing; fabrication, cheating, and, misrepresenting the work of another person as your own, facilitation of academic misconduct, and under certain conditions, nonattendance. Plagiarism and Cheating Students are expected to observe the same standards of scholarly integrity as their academic and professional counterparts. Students, who are found to have engaged in unethical academic behaviour are subject to penalty by the University. 6. Grading Scale Letter Grade A+ A AB+ B B- Mark (%) 90-100 85-89 80-84 76-79 72-75 68-71 Grade Point 4.33 4.00 3.67 3.33 3.00 2.67 Letter Grade C+ C CD F 3 Mark (%) 64-67 60-63 55-59 50-54 0 - 49 Grade Point 2.33 2.00 1.67 1.00 0.00 7. Course Schedule and Exams Week Topic Topic 1: Introduction to the Economics of Crime Issues: Definition of economics of crime, interpreting and comparing crime statistics, and determinants of crime 1 Topic 2: Economic impacts of criminal activity and the rationality of crime Issues: Defining crime, measuring the cost of crime and valuation methods. Economic analysis of illegal activities 2 Topic 3: An economic model of criminal behavior Issues: A cost-benefit analysis of crime. Expected values, supply curve of crime and public policy options. 3 Topic 4: Allocation of criminal justice resources Issues: A comparative study of costs of preventative alternatives. Costs of the legal system, victims and agencies. Exam 1: May 29 4 5 6 7 Topic 5: Crimes against property Issues: Use of elasticity concepts to determine the economic costs of crimes against property Topic 6: Crimes against persons Issues: Use of elasticity concepts to evaluate the impact of crimes on price and output. For example, market for murder. Lecture 7: Victimless Crimes Issues: An analytical framework for victimless crimes, Economic costs of, and public policies towards victimless crimes. Topic 8: Market for Heroin and Cocaine Issues: History and market for Heroin and Cocaine, Heroin and Cocaine in Canada Exam 2: June 21 4