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248.6 sec. 1 - How Lawyers Use Economics (Spring 2011)
Instructor: Suzanne Scotchmer (view instructor's teaching evaluations | profile)
Instructor: Ken Taymor (view instructor's profile)
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Meeting Time: Th 3:35-5:25
Meeting Location: 10
Course Start: January 13, 2011
Course Control Number (Non-1Ls): 49675
Practicing lawyers work with economists as expert consultants in many ways: to calculate damages in patent infringement or breach of contract cases, to calculate damages in tort cases, concepts of takings, valuation of companies, the structuring of securities, theories of discrimination in insurance, theories of discrimination in employment, taxation issues such as the recognition and valuation of taxable income, definitions of a market for different purposes, for example, antitrust, IP damages, and contracts. The purpose of the course is not "economic analysis of the law", but rather to prepare students for a practice that involves interaction with economic experts. The course presumes no economics training.
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Instructor has indicated that no books will be assigned.