ECON 451 - Law and Economics
Legal rules and jurisprudence can have a significant effect on resource allocation. A key question is whether legal regimes affect the optimality of an equilibrium and succeed in bringing society closer to a welfare maximizing outcome. From another perspective, a relevant question is on the objective or motivation behind the enactment of specific legislation. Recent studies suggest that much legislation is consistent with simple welfare concepts developed by economists. The course focuses on these issues with examples drawn from property, contract, tort, and criminal law.
Prerequisites
ECON201, ECON211; or ECON391; Level at least 3A Honours students or Economics majors
Offerings
Fall 2025 [1259]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 8826 | 43 / 45 | 11:30 - 12:50 | M,W | | |
Fall 2023 [1239]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 4173 | 41 / 50 | 13:00 - 14:20 | M,W | | |
Fall 2022 [1229]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 9365 | 37 / 50 | 14:30 - 15:50 | M,W | RCH 309 | Phil Curry |
Fall 2019 [1199]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 8779 | 41 / 50 | 11:30 - 12:50 | M,W | PAS 1229 | Phil Curry |
Fall 2017 [1179]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 8543 | 48 / 50 | 13:00 - 14:20 | M,W | HH 2107 | Philip A Curry |
Winter 2016 [1161]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 4259 | 40 / 40 | 11:30 - 12:50 | T,Th | EV3 3412 | Philip A Curry |
Winter 2015 [1151]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 4338 | 40 / 40 | 14:30 - 15:50 | M,W | RCH 207 | Philip A Curry |
Winter 2014 [1141]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 7724 | 40 / 40 | 10:00 - 11:20 | T,Th | DWE 1502 | Philip A Curry |
Spring 2013 [1135]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 5372 | 39 / 40 | 11:30 - 12:50 | T,Th | HH 150 | Anindya Sen |
Winter 2012 [1121]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 7188 | 29 / 30 | 14:30 - 15:50 | M,W | EV1 132 | Philip A Curry |
UW Flow Ratings
Liked: 100.00%
Easy: 100.00%
Useful: 100.00 %
ECON 451 leads to