An appropriate text for both undergraduate and graduate/law school Law and Economics courses.

Describing and explaining the interrelations of law and economics, this text is authored by an economist and a law professor; mathematics is kept to a minimum and the analysis language is clear and jargon-free. Sufficient explanations of concepts, principles, and arguments enable novices and graduate students alike to follow along without great difficulty–all readers will possess a basic understanding of fundamental economic principles, the structure of the U.S. legal system, and the importance of combining legal and economic analyses. Common-law topics, such as property, contracts, torts, and crime are comprehensively covered.