Apr 15, 2026  
2025-2026 Franklin & Marshall College Catalog 
  
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2025-2026 Franklin & Marshall College Catalog
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ECO 360 - Law and Economics

Description
The course is a study of the relationship between economic analysis and legal rules and institutions. Topics include: the neoclassical concept of”efficiency” as applied to legal rules; the relationship between efficiency, preferences, and distribution; the Coase theorem; cost-benefit analysis in environmental law; and positive and negative conceptions of “liberty” as manifest in varying fields of law, including US Constitutional jurisprudence and government “regulation” of the market. Throughout the course, we will be asking what sort of norms and values provide the ground for differing theories of “law and economics.”
Prerequisite
ECO 100  AND ECO 103  AND ECO 200  AND ECO 203  

Credits: 1

Course Attribute(s):
SOCS Gen Ed: Social Science Req


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