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Handbooks Courses Units

ECX5472 - Law and economics

6 points, SCA Band 3, 0.125 EFTSL

Postgraduate Faculty of Business and Economics

Leader: Professor Russell Smyth


Clayton First semester 2008 (Day)


The unit applies the method of economics to the analysis of the law itself - to the structure of the common law, legal processes, legal institutions and statutory regulation, and to the impact of law on the behaviour of individuals and groups and the functioning of the economy. Topics include: is there a role for law and economics in studying the law, economics of crime and capital punishment, punitive damages, interest group theories of judicial independence and the determinants of judicial influence and prestige.


Within semester assessment: 30%
Examination (3 hours): 70%

Contact hours

Three contact hours per week



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