Module Directory

 

Module Description

 
 
Module Name
Module Code
Lecture Hrs
Practical Hrs
Credits
Economics of Law
ECON3010Y(5)
3
0
3

Description
The Nature of Law. Economists and Law. Lawyers and Economics. Sources of Law- Cost Analysis of Common Law vs Statute/Legislation. Efficiency and Law. Cost Analysis of Contractual terms and Enforcement. Asymmetries of Information. Standard Contract vs Negotiated Contract terms. Moral Hazard and Adverse Selection: Incentive Compatible Contracts. Principle-Agent Theory. Risk and Insurance. Contracting and Theory of the Firm.
Faculty Department
FACULTY OF SOCIAL SCIENCES AND HUMANITIES Department of Economics and Statistics
Contact Details
Administrative assistant: DILMAHOMED BOCUS Bibi Swaleha
Telephone: 4037400
Email: s.dilmahomed@uom.ac.mu
 

 

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