Module Handbook

  • Dynamischer Default-Fachbereich geändert auf WIW

Module WIW-RE-LAE-M-7

Law and Economics (M, 4.5 LP)

Module Identification

Module Number Module Name CP (Effort)
WIW-RE-LAE-M-7 Law and Economics 4.5 CP (135 h)


CP, Effort 4.5 CP = 135 h
Position of the semester 1 Sem. in WiSe
Level [7] Master (Advanced)
Language [EN] English
Module Manager
Area of study [WIW-RE] Environmental Economics
Reference course of study [WIW-88.21-SG#2009] M.Sc. Business Studies (2009) [2009]
Livecycle-State [NORM] Active


Type/SWS Course Number Title Choice in
Presence-Time /
SL SL is
required for exa.
PL CP Sem.
Law and Economics
P 45 h 90 h - - PL1 4.5 WiSe
  • About [WIW-RE-LAE-K-7]: Title: "Law and Economics"; Presence-Time: 45 h; Self-Study: 90 h

Examination achievement PL1

  • Form of examination: Portfolio
  • Examination Frequency: Examination only within the course
    Evaluation will be based on the weekly assignment and on a term paper.

Evaluation of grades

The grade of the module examination is also the module grade.


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 of the module (informal)

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

Requirements for attendance of the module (formal)


References to Module / Module Number [WIW-RE-LAE-M-7]

Module-Pool Name
[WIW-EIE-MPOOL-7] Field of Specialization: Environmental and Industrial Economics