ABSTRACT
This book is an economics text that shows the interaction of law and economics, and how economics has helped to shape legislative and judicial decisions. More precisely, it shows how law and judicial decisions are contingent on perceptions of economic theories and models, and how the interaction of law and economics shape the evolution of national and international jurisprudence. The book presents a unique interface of law and economics that is essential to understand legislative and judicial decisions in domestic and international courts of law. It provides economic concepts with far-reaching cognitive implications for law and rule adjudication. The essential areas of economics that are considered include microeconomics, macroeconomics, finance, econometrics, and international economics. The intricate combination of the branches of economics presents a pedagogical advantage for confronting the practical and worldwide challenges of law and economics in courts of law.
