BAHÇEŞEHİR UNIVERSITY BİLGİ PAKETİ / DERS KATALOĞU
| ECONOMICS AND FINANCE | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
Course Introduction and Application Information
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| ECO4561 | Economic Analysis of Law | Fall | 3 | 0 | 3 | 6 |
| This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester. |
Basic information
| Language of instruction: | English |
| Type of course: | Departmental Elective |
| Course Level: | Bachelor’s Degree (First Cycle) |
| Mode of Delivery: | Hybrid |
| Course Coordinator : | Assoc. Prof. EMİN KÖKSAL |
| Recommended Optional Program Components: | Optional Course Materials: videos, games, etc. |
| Course Objectives: | The course aims to put the interaction between the legal system and the market system. It examines why law is necessary for markets to function and it uses economic principles to analyze laws. |
Learning Outcomes
|
The students who have succeeded in this course; 1. Defines the economic theory of property 2. Defines the Coase theorem 3. Defines the economic theory of tort law 4. Defines the social cost of accidents 5. Identifies the optimum precaution 6. Defines an economic theory of crime and punishment 7. Identifies the optimum deterrence 8. Defines antitrust law and regulated industries 9. Analyzes regulated industries 10. Defines privatization and deregulation |
Course Content
| Week1: An introduction to law and economics Week 2: An economic theory of property Week 3: Topics in the economics of property law Week 4: An economic theory of tort law Week 5: Topics in the economics of tort liability Week 6: An economic theory of crime and punishment Week 7: Visa exam Week 8: Topics in crime and punishment Week 9: An economic theory of contract Week 10: Topics in the economics of contract law Week 11: Antitrust law and regulated industries Week 12: Topics in antitrust law and regulated industries Week 13: Privatization Week 14: Privatization & Deregulation Week 15: A General Assessment on Law and Economics Week 16: Final Exam |
Weekly Detailed Course Contents
| Week | Subject | Related Preparation |
| 1) | An introduction to law and economics | |
| 2) | An economic theory of property | |
| 3) | Topics in the economic theory of property | |
| 4) | An economic theory of tort law | |
| 5) | Topics in the economics of tort liability | |
| 6) | An economic theory of crime and punishment | |
| 7) | Review | |
| 8) | Topics on crime and punishment | |
| 9) | An economic theory of contract | |
| 10) | Topics in the economics of contract law | |
| 11) | Antitrust law and regulated industries | |
| 12) | Topics in antitrust law and regulated industries | |
| 13) | Privatization | |
| 14) | Privatization & Deregulation |
Sources
| Course Notes / Textbooks: | Law & Economics, Robert Cooter & Thomas Ulen; Pearson Education |
| References: | The Economist Businessweek HBR |
Evaluation System
| Semester Requirements | Number of Activities | Level of Contribution |
| Presentation | 1 | % 20 |
| Midterms | 1 | % 30 |
| Final | 1 | % 50 |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 50 | |
| PERCENTAGE OF FINAL WORK | % 50 | |
| Total | % 100 | |
ECTS / Workload Table
| Activities | Number of Activities | Duration (Hours) | Workload |
| Course Hours | 14 | 3 | 42 |
| Study Hours Out of Class | 14 | 2 | 28 |
| Quizzes | 8 | 1 | 8 |
| Midterms | 1 | 15 | 15 |
| Final | 1 | 15 | 15 |
| Total Workload | 108 | ||
Contribution of Learning Outcomes to Programme Outcomes
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | Build up a body of knowledge in mathematics and statistics, to use them, to understand how the mechanism of economy –both at micro and macro levels – works. | 1 |
| 2) | Understand the common as well as distinctive characters of the markets, industries, market regulations and policies. | 3 |
| 3) | Develop an awareness of different approaches to the economic events and why and how those approaches have been formed through the Economic History and understand the differences among those approaches by noticing at what extent they could explain the economic events. | 4 |
| 4) | Analyze the interventions of politics to the economics and vice versa. | 4 |
| 5) | Apply the economic analysis to everyday economic problems and evaluate the policy proposals for those problems by comparing opposite approaches. | 4 |
| 6) | Understand current and new economic events and how the new approaches to the economics are formed and evaluating. | 3 |
| 7) | Develop the communicative skills in order to explain the specific economic issues/events written, spoken and graphical form. | 2 |
| 8) | Know how to formulate the economics problems and issues and define the solutions in a well-formed written form, which includes the hypothesis, literature, methodology and results / empirical evidence. | 2 |
| 9) | Demonstrate the quantitative and qualitative capabilities and provide evidence for the hypotheses and economic arguments. | 4 |
| 10) | Understand the information and changes related to the economy by using a foreign language and communicate with colleagues. | 3 |