Nova School of Business and Economics

Law in Economics and Business

Code

1405

Academic unit

null

Department

null

Credits

4,0

Teacher in charge

Leonor Rossi

Teaching language

English

Objectives

The Aims of the Course are to make students familiar with (English) Legal Terminology in order to allow them to address the literature; to decompose daily occurrences as legal relationships; to contrast Law and Morality; to identify the basic steps of Legal Design in State Building; to compare purposes of Property and Liability rules and to finally address the issue of Incentives and Legal Paternalism and its effects on the Economy.

Prerequisites

N/A

Subject matter

1. Legal relationships

2. Legal personality and capacity

3. Law and Morality

4. State Building

5. Litigation

6. Property

7. Contract

8. Legal paternalism and its effects on the Economy

Bibliography

Main Text Book: Law a Very Short Introduction, R WACKS, Oxford University Press
From Handbook on Economic Analysis of Law, S SHAVELL ,Harvard, Belknap
Ch: The Economics of Litigation,
From Law?s Order, What Economics has to do With Law and Why it Matters, D FRIEDMAN, Princeton.
Ch Defining and Enforcing Rights, Property, Liability and Spaghetti
Ch Mine Thine and Ours, the Economics of Property Law
Ch The Economics of Contract
W SHAKESPEARE The Merchant of Venice, Oxford Student Companion

Teaching method

Students attend 12 weeks of Lectures that are divided into 8 main Topics ( see Course Content), and the Last week is devoted to the analysis of Shakespeare?s the Merchant of Venice: work of literature in which all 8 main topics are present: the point being to a) recognize and to b) discuss each of the 8 topics as portrayed in the play.

Evaluation method

Mid term Test covering topics 1-4 = 30%
Final exam covering Topics 1-8= 70%

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