Module Handbook

  • Dynamischer Default-Fachbereich geändert auf WIW

Course WIW-RE-LAE-K-7

Law and Economics (3V, 4.5 LP)

Course Type

SWS Type Course Form CP (Effort) Presence-Time / Self-Study
3 V Lecture 4.5 CP 45 h 90 h
(3V) 4.5 CP 45 h 90 h


CP, Effort 4.5 CP = 135 h
Position of the semester 1 Sem. in WiSe
Level [7] Master (Advanced)
Language [EN] English
Area of study [WIW-RE] Environmental Economics
Livecycle-State [NORM] Active


1. An economic model of tort law

2. Applying the economic model of tort law

3. The economic model of contract law

4. The economics of property law

5. The economics of crime and law enforcement

6. The economics of legal procedures

Competencies / intended learning achievements

The Economic Analysis of Law is the application of economic theory (especially microeconomic theory and game theory) to provide a positive and a normative analysis of the law. The Module will be taught at the MSc. level. Teaching will be based on the flipped classroom concept. To increase student engagement and learning, participants are required to complete a 20–30-page home read and give a 2-3-page summary each week. Class time we will be reserved for discussing some of the concepts and will avoid frontal teaching. Moreover, each week a significant portion of class time will be allocated to work jointly on problem solving.


  • Thomas Miceli 2017: Economic Approach to Law, Stanford: Economics and Finance.
  • published research papers

Requirements for attendance (informal)

  • basic knowledge in microeconomics
  • no knowledge or experience in law required

Requirements for attendance (formal)


References to Course [WIW-RE-LAE-K-7]

Module Name Context
[WIW-RE-LAE-M-7] Law and Economics P: Obligatory 3V, 4.5 LP