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ECON-4310: Law and Economics
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<meta property="og:description" content="Market-based economies depend upon legal systems that establish and protect property rights. In this and many other instances the law is designed to encourage and support economic activity; in others it is designed to restrain certain types of otherwise rational economic behavior. This course will apply fundamental economic concepts, such as supply and demand, competition, monopoly, externalities, and Pareto efficiency to a range of legal topics, including contracts, torts, criminal, and intellectual property law to explain the economic motivation and consequences of the legal framework. For those students considering law school, this course offers an exposure to many of the legal concepts found in the first year law school curriculum.">
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<h1 id="name">
Law and Economics
</h1>
<h2 id="code">
ECON-4310
</h2>
<p>
Market-based economies depend upon legal systems that establish and protect property rights. In this and many other instances the law is designed to encourage and support economic activity; in others it is designed to restrain certain types of otherwise rational economic behavior. This course will apply fundamental economic concepts, such as supply and demand, competition, monopoly, externalities, and Pareto efficiency to a range of legal topics, including contracts, torts, criminal, and intellectual property law to explain the economic motivation and consequences of the legal framework. For those students considering law school, this course offers an exposure to many of the legal concepts found in the first year law school curriculum.
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4 credits
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Prereqs:
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one of:
</div>
<div class="pr-or">
<a class="course-pill" href="ECON-1200">ECON-1200 Introductory Economics</a>
<a class="course-pill" href="INQR-1200">INQR-1200 Principles of Economics</a>
<a class="course-pill" href="INQR-1200">INQR-1200 Principles of Economics</a>
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Past Term Data
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Offered as Cross-Listing Only
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<th></th>
<th class="spring season-label">Spring</th>
<th class="summer season-label" colspan="2">Summer</th>
<th class="fall season-label">Fall</th>
</tr>
<tr>
<th colspan="2"></th>
<th class="summer2 midsum-label">(Session 1)</th>
<th class="summer3 midsum-label">(Session 2)</th>
<th></th>
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</thead>
<tbody>
<tr>
<th class="year">2024</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=202401&subj_in=ECON&crse_in=4310&schd_in=">Law & Economics (4c)</a>
</span>
<ul class="prof-list">
<li>Robert W. Jones</li>
</ul>
<span class="course-capacity">
Seats Taken: 18/19
</span>
</div>
</td>
<td colspan="2" class="term summer unscheduled">
</td>
<td class="term fall unscheduled">
</td>
</tr>
<tr>
<th class="year">2023</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=202301&subj_in=ECON&crse_in=4310&schd_in=">Law & Economics (4c)</a>
</span>
<ul class="prof-list">
<li>Robert W. Jones</li>
</ul>
<span class="course-capacity">
Seats Taken: 19/19
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2022</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=202201&subj_in=ECON&crse_in=4310&schd_in=">Law & Economics (4c)</a>
</span>
<ul class="prof-list">
<li>Robert W. Jones</li>
</ul>
<span class="course-capacity">
Seats Taken: 18/19
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2021</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=202101&subj_in=ECON&crse_in=4310&schd_in=">Law & Economics (4c)</a>
</span>
<ul class="prof-list">
<li>Robert W. Jones</li>
</ul>
<span class="course-capacity">
Seats Taken: 17/25
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2020</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=202001&subj_in=ECON&crse_in=4310&schd_in=">Law & Economics (4c)</a>
</span>
<ul class="prof-list">
<li>Robert W. Jones</li>
</ul>
<span class="course-capacity">
Seats Taken: 21/19
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2019</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201901&subj_in=ECON&crse_in=4310&schd_in=">Law & Economics (4c)</a>
</span>
<ul class="prof-list">
<li>Robert W. Jones</li>
</ul>
<span class="course-capacity">
Seats Taken: 29/29
</span>
</div>
</td>
<td class="term summer2 offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201905&subj_in=ECON&crse_in=4310&schd_in=">Law & Economics (4c)</a>
</span>
<ul class="prof-list">
<li>Robert W. Jones</li>
</ul>
<span class="course-capacity">
Seats Taken: 19/25
</span>
</div>
</td>
<td class="term summer3 not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2018</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201801&subj_in=ECON&crse_in=4310&schd_in=">Law & Economics (4c)</a>
</span>
<ul class="prof-list">
<li>Robert W. Jones</li>
</ul>
<span class="course-capacity">
Seats Taken: 26/19
</span>
</div>
</td>
<td class="term summer2 offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201805&subj_in=ECON&crse_in=4310&schd_in=">Law & Economics (4c)</a>
</span>
<ul class="prof-list">
<li>Robert W. Jones</li>
</ul>
<span class="course-capacity">
Seats Taken: 7/20
</span>
</div>
</td>
<td class="term summer3 not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2017</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
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<th class="year">2016</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
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<th class="year">2015</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2014</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2013</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2012</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2011</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2010</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2009</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2008</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
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<th class="year">2007</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
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<th class="year">2006</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2005</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2004</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2003</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2002</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2001</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2000</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">1999</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">1998</th>
<td class="term spring unscheduled">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
</tbody>
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