Relationship of the exchange process to the system of institutions and rules that society develops to carry out economic transactions. Topics covered include: Property rights; torts, negligence, and liability; contracts and exchanges; criminal control and enforcement; equity and efficiency issues.
Prerequisites/Rules:
1 course with a minimum grade of C- from (ECON306, ECON326); and 1 course with a minimum grade of C- from (ECON230, BMGT230, ECON321).
Restriction: Must be in one of the following programs (Economics Bachelor of Arts; Economics minor; Social Data Science-Economics).
Credits: 3
Grading Method: Regular, Pass-Fail, Audit