Information Package / Course Catalogue
| Course Code | : İKT380 |
| Course Type | : Area Elective |
| Couse Group | : First Cycle (Bachelor's Degree) |
| Education Language | : Turkish |
| Work Placement | : N/A |
| Theory | : 3 |
| Prt. | : 0 |
| Credit | : 3 |
| Lab | : 0 |
| ECTS | : 5 |
The aim of this course is to provide a systematic introduction to the economic analysis of law and to enable students to evaluate legal rules, institutions, and disputes in terms of economic efficiency, incentives, welfare, distribution, and behavioral responses. The course covers property law, contract law, tort law, criminal law, the economics of litigation, competition law, regulatory economics, public choice, and behavioral law and economics.
Law and Economics examines the incentive effects of legal rules on individual and social behavior using the analytical tools of economics. The course covers the Coase theorem, Kaldor-Hicks efficiency, transaction costs, property rights, breach of contract, tort liability, optimal sanctions, litigation theory, competition law, and behavioral law and economics.
| 1. | Understand and apply the core concepts and methods of economic theory. |
| 2. | Analyze legal institutions and regulatory frameworks from an institutional economics perspective. |
| 3. | Evaluate individual and collective decision-making processes through economic models. |
| 4. | Integrate ethical and normative dimensions with economic analysis for policy evaluation. |
| 5. | Use the findings and methods of behavioral and experimental economics. |
| 6. | Examine market structures, competition policy, and sectoral regulation with analytical tools. |
| 7. | Engage with national and international academic literature through critical reading and academic writing skills. |
| 8. | Design original research, collect and analyze data, and communicate findings effectively. |
| 1. | Cooter, R., & Ulen, T. (2016). Law and Economics (6th ed.). Pearson. |
| 2. | Posner, R. A. (2014). Economic Analysis of Law (9th ed.). Wolters Kluwer. |
| 3. | Shavell, S. (2004). Foundations of Economic Analysis of Law. Harvard University Press. |
| 4. | Friedman, D. D. (2000). Law's Order: What Economics Has to Do with Law and Why It Matters. Princeton University Press. |
| 5. | Kaplow, L., & Shavell, S. (2002). Fairness versus Welfare. Harvard University Press. |
| 6. | Sunstein, C. R., & Thaler, R. H. (2009). Nudge. Penguin. |
| 7. | Becker, G. S. (1968). Crime and punishment: An economic approach. Journal of Political Economy, 76(2), 169-217. |
| 8. | Coase, R. H. (1960). The problem of social cost. Journal of Law and Economics, 3, 1-44. |
| 9. | Calabresi, G., & Melamed, A. D. (1972). Property rules, liability rules, and inalienability. Harvard Law Review, 85(6), 1089-1127. |
| 10. | Jolls, C., Sunstein, C. R., & Thaler, R. H. (1998). A behavioral approach to law and economics. Stanford Law Review, 50(5), 1471-1550. |
| Type of Assessment | Count | Percent |
|---|---|---|
| Attending Lectures | 1 | %10 |
| Presentation | 1 | %10 |
| Midterm Examination | 1 | %20 |
| Final Examination | 1 | %60 |
| Activities | Count | Preparation | Time | Total Work Load (hours) |
|---|---|---|---|---|
| Lecture - Theory | 14 | 2 | 3 | 70 |
| Presentation | 1 | 3 | 1 | 4 |
| Individual Work | 12 | 1 | 2 | 36 |
| Midterm Examination | 1 | 8 | 1 | 9 |
| Final Examination | 1 | 9 | 1 | 10 |
| TOTAL WORKLOAD (hours) | 129 | |||
PÇ-1 | PÇ-2 | PÇ-3 | PÇ-4 | PÇ-5 | PÇ-6 | PÇ-7 | |
OÇ-1 | 4 | 4 | 5 | 3 | 5 | 5 | 4 |
OÇ-2 | 3 | 5 | 4 | 4 | 5 | 5 | 5 |
OÇ-3 | 5 | 5 | 5 | 4 | 4 | 3 | 4 |
OÇ-4 | 5 | 5 | 3 | 3 | 4 | 5 | 5 |
OÇ-5 | 5 | 5 | 4 | 4 | 3 | 5 | 5 |
OÇ-6 | 5 | 4 | 5 | 4 | 4 | 4 | 5 |
OÇ-7 | 5 | 5 | 4 | 4 | 5 | 3 | 4 |
OÇ-8 | 4 | 4 | 5 | 5 | 3 | 5 | 4 |