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ECON 2500 - Introduction to the Economics of Law, Crime and Enforcement U (3-0) [0.50]

An introduction to the economic analysis of law, participation in illegal labour and product markets and optimal law enforcement. Topics covered may include the economics of property, contract and tort law, the costs of crime and crime control, measurement of deterrence, regulatory enforcement, trade-offs in the likelihood and severity of punishment and tax evasion.