This course applies microeconomic theory to the analysis of legal rules and institutions.  Topics include property rights, externalities, contract theory, bargain theory, remedies, industrial organization, patents, damages, and antitrust.

Prerequisites/Rules:
Prerequisite: ECON 641 and ECON 644 (can be taken concurrently with ECON 644)
Credits: 3
Grading Method: Regular, Pass-Fail, Audit