Economics for Law offers a rigorous, law-centred introduction to microeconomic reasoning and demonstrates how economic analysis informs the design, interpretation and enforcement of legal rules. The text is written specifically for law students and focuses on the motivations behind legal rules, the consequences of legal decisions and the efficiency of alternative legal regimes. The author employs economic tools to analyse legal issues and restricts coverage to the concepts that first-year LL.B. students actually need, presenting them in eight carefully selected chapters. To make the material concrete, the book uses practical examples and short 'stories,' showing, for instance, how the Polluter Pays Principle (Pigou) and private bargaining (Coase) map to pollution taxes and out-of-court settlements.
This book is intended for the following audience:
The Present Publication is the Latest Edition, authored by Dr Anu Singh, with the following noteworthy features:
The coverage of the book is as follows:
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