COURSE UNIT TITLE

: LAW AND ECONOMICS

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
ECO 4421 LAW AND ECONOMICS ELECTIVE 3 0 0 5

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

INSTRUCTOR ŞULE GÜNDÜZ

Offered to

Economics

Course Objective

The course aims to introcude learners to gain an understanding of the law and economics underpinning the legal regulation of competition. The course also aims to utilize the standard tools of economic analysis for the study of law and legal institutions, with special focus on economics of competition.

Learning Outcomes of the Course Unit

1   Recognize the role of economic reasoning in the legal system
2   Understand the interaction between economics and law in the decision making process
3   Recognize the general economic rationale underlying the competition law
4   Appy general economic principles in the study law of competition and legal institutions

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction
2 Emergence of Law
3 Economics of Property Law
4 Economics of Contract Law
5 Economics of Tort Law
6 Collective Decision-Making and Public Choice Theory
7 Regulation Theory
8 Efficiency of the Common Law Hypothesis
9 Case Discussions
10 Case Discussions
11 Case Discussions
12 Case Discussions

Recomended or Required Reading

1. Robert Cooter-Thomas Ulen, Law and Economics, 5th ed. (Addison-Wesley, 2008)
2. Francesco Parisi and Vincy Fon, Economics of Lawmaking, (Oxford University Press, 2009)

Planned Learning Activities and Teaching Methods

1. Lectures
2. Class discussions
3. Case studies

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MT Midterm
2 ASS Assignment
3 FN Final
4 FCG FINAL COURSE GRADE MT * 0.30 + ASS * 0.30 + FN * 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MT * 0.30 + ASS * 0.30 + RST * 0.40


*** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will understand the mutual interaction between legal system and economic system.
2. The learner will demonstrate ability to show the role of law in economic decision making.
3. The learner will have knowledge about law addressing to the problem of market failure.
4. The learner will demonstrate ability to apply general economic principles to the study of law of competition and legal institutions.

Language of Instruction

English

Course Policies and Rules

1. Attending at least 70 percent of lectures is mandatory.
2. Plagiarism of any type will result in disciplinary action.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 12 2 24
Tutorials 12 1 12
Preparations before/after weekly lectures 12 1 12
Preparation for final exam 1 20 20
Preparing presentations 1 10 10
Preparation for midterm exam 1 15 15
Preparing assignments 1 35 35
Midterm 1 2 2
Final 1 2 2
TOTAL WORKLOAD (hours) 132

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14
LO.15555
LO.2533
LO.3555
LO.4555