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COURSE UNIT TITLECOURSE UNIT CODESEMESTERTHEORY + PRACTICE (Hour)ECTS
LAW AND ECONOMY LAWG239 - 2 + 1 4

TYPE OF COURSE UNITElective Course
LEVEL OF COURSE UNITBachelor's Degree
YEAR OF STUDY-
SEMESTER-
NUMBER OF ECTS CREDITS ALLOCATED4
NAME OF LECTURER(S)-
LEARNING OUTCOMES OF THE COURSE UNIT At the end of this course, the students;
1) Understand the relation between law and economics.
2) Learn the economic concepts with respect to law.
3) Evaluate economic events in relation with law.
4) Understand reflections of economic events in the field of law.
MODE OF DELIVERYFace to face
PRE-REQUISITES OF THE COURSENo
RECOMMENDED OPTIONAL PROGRAMME COMPONENTNone
COURSE DEFINITIONLaw and other economy in general, addressed the economic analysis of law and economic efficiency in terms of legal issues to be assessed is based on an approach.
COURSE CONTENTS
WEEKTOPICS
1st Week Overview of the historical development of law and economics
2nd Week Chicago School: price theory, event, compensation principle.
3rd Week Chicago School: Maximum social welfare.
4th Week Chicago School: Value as legal rules, effective legal rules format.
5th Week Public Choice Theory: Direct and representative democracy, rant watch activity.
6th Week Corporate Law and Economics: the historical development of institutional economics public administration and efficiency.
7th Week The new corporate law and economics
8th Week Midterm Exam
9th Week Legal-economic analysis of the institutional framework-I
10th Week Legal-economic analysis of the institutional framework-II
11th Week Property rights, power of attorney relationship, transaction costs
12th Week Analysis of institutional arrangements: Incentives and political relationship with the property
13th Week Income distribution I
14th Week Income distribution with relationship to law
RECOMENDED OR REQUIRED READINGUlen, Thomas; Cooter, Robert: Law and Economics.
Mercuro, Nicholas ve Steven G. Medema (1997) Economics and The Law. Princeton: Princeton University Press.
Dau-Schmidt, Kenneth ve Thomas S.Ulen (1998) Law and Economics Anthology. Ohio: Anderson Publishing Co.
Oğuz, Fuat (2002) Piyasa "Hukukun Ekonomik Analizi: Genel Bir Değerlendirme". 1(2), Bahar 2002.
Oğuz, Fuat (2003) Piyasa"Bankacılık Regulasyonu ve Ekonomik Etkinlik". 2(5), Kış 2003.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODSLecture,Questions/Answers
ASSESSMENT METHODS AND CRITERIA
 QuantityPercentage(%)
Mid-term140
Total(%)40
Contribution of In-term Studies to Overall Grade(%)40
Contribution of Final Examination to Overall Grade(%)60
Total(%)100
LANGUAGE OF INSTRUCTIONEnglish
WORK PLACEMENT(S)No
  

KEY LEARNING OUTCOMES (KLO) / MATRIX OF LEARNING OUTCOMES (LO)
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K2  X   X   X   X
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K7  X   X   X   X
K8  X   X   X   X
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K11  X   X   X   X
K12