An appropriate text for both undergraduate and graduate/law school Law and Economics courses.

Describing and explaining the interrelations of law and economics, this text is authored by an economist and a law professor; mathematics is kept to a minimum and the analysis language is clear and jargon-free. Sufficient explanations of concepts, principles, and arguments enable novices and graduate students alike to follow along without great difficulty–all readers will possess a basic understanding of fundamental economic principles, the structure of the U.S. legal system, and the importance of combining legal and economic analyses. Common-law topics, such as property, contracts, torts, and crime are comprehensively covered.

An appropriate text for both undergraduate and graduate/law school Law and Economics courses.

Describing and explaining the interrelations of law and economics, this text is authored by an economist and a law professor; mathematics is kept to a minimum and the analysis language is clear and jargon-free. Sufficient explanations of concepts, principles, and arguments enable novices and graduate students alike to follow along without great difficulty—all readers will possess a basic understanding of fundamental economic principles, the structure of the U.S. legal system, and the importance of combining legal and economic analyses. Common-law topics, such as property, contracts, torts, and crime are comprehensively covered. 

Written for undergraduates and law students–Is the first text on the market written for those with limited backgrounds in economics.

        -Gives students a text that is neither too sophisticated, too sketchy, nor too simplistic; yet is comprehensive enough to cover the material sufficiently.

Full chapter on both introduction to economics and introduction to law.

        -Has coverage to bring all student experiences up to the same level.

Concise introductions to the principles of economics and to the American legal system.

        -Gives students the background they need to pursue further information about the economic regulation of business, including antitrust and regulated industries.

OTHER POINTS OF DIFFERENTAITION:

Substantial materials on environmental law and economics.

        -Shows students the importance of regulatory law, the modern state of the law system in this country.

Utilization of various approaches as well as question sets at the end of each chapter–Includes conventional economic analysis (with descriptive figures), excerpts from fundamental works in the law and economics literature, statistical analyses, actual judicial decisions, a bit of game theory, and even some history.

        -Enhances the relevance of the material and students'use of the text while providing instructors with strong pedagogy.

Full chapter on Tort Reform -- This coverage is typically scattered around in other texts.

        -This concentrated coverage allows for professors to condense this content.

 1. A Primer on Economic Concepts and Institutions. 
 2. An Introduction to the American Legal System. 
 3. Putting Law and Economics Together: Frameworks, History, and Perspectives. 
 4. “The Problem of Social Cost” and Modern Law & Economics. 
 5. Property I: Acquisition. 
 6. Property II: Protection. 
 7. Property III: Limits. 
 8. Contracts I: Formation & Enforcement. 
 9. Contracts II: Remedies.
10. Torts I: Negligence.
11. Torts II: Strict Liability.
12. Torts III: Tort Reform.
13. Crime and Punishment.
14. Antitrust and Regulated Industries.
15. Environmental Protection.

Instructor's Manual Online
Grossman & Cole
©2005  |  Prentice Hall  |  On-line Supplement; 0 pp  |  Live
ISBN-10: 0131854372  |  ISBN-13: 9780131854376

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