An Insight Into The Specialty Courses Of New York University School Of Law

New-York-Law-School (1)If you are interested in research in the fields of economics and law, you should take up a course from the University of New York from the School of Law. University New York offers both- a joint degree of J.D. /Ph.D. (Economics) and a joint degree of J.D. /M.A. (Economics) coupled with formal and legal training in economics.

School of Law Center for Law, Economics and Organization of the New York University in New York offers interdisciplinary research and training in economics and law at an advanced level via some specialty courses along with degree courses. They are-

Economic Analysis of Law:

At New York University School of Law, this course is the foundation for students which comprises of learning basic principles of microeconomics and game theory and the same are taught to be applied in the legal issues. This course is more emphasized on the methods used by economists who formulate solutions to today’s legal problems.

Law, Economics and Psychology:

The objective of law is to control, guide, and facilitate various aspects of human behavior. To reach these goals, the policymakers should get a proper account about how people take and make decisions. Research in behavioral economics and psychology has manifested that the standard thought-process models in economic fields have failed terribly which is why; a new model needs to be developed which takes into account and inter-relates all the aspects of law, economics and psychology. This course at the University New York has the very objective of comprehensively taking a look at this new model for better decision making.

Quantitative Methods:

This course emphasizes more on the maximal usage of statistics and its significance in the litigation process. Students would be taught about the basic methods important in the legal process. This course only demands algebraic background, and not compulsorily statistics. Students are expected to show active involvement and write a short paper.

Hofstra_University_Law_School_in_Hempstead_New_York_2_40710Corporate finance:

Students are introduced to the basic modern corporate finance practice and theory. Almost all the principles in class are taught via using mathematical models and graphs, thus, only algebra being in use. Students are expected to carry a financial calculator during this course of study.

Accounting for Lawyers:

To learn this course, it is not important to have an accounting background because this course introduces students to the preparation and the importance of standard financial statements such as cash flow statement, balance sheet, and others so that students get knowledge about reading this values and make proper use of them by applying the principles of accounting. This course uses problems extensively.

Foundation of economic Analysis Seminar:

The assumptions of law used implicitly in the practice of economic analysis of law would be looked at during this course. Various aspects of law are taught in this course and the final evaluation is done on the basis of students’ participation in class and a final paper.

Law, economics and Journalism:

This unique course unites the perspective of journalists covering stories wherein law and business come together. The famous Enron Bankruptcy would be taken up as a case study along with other case studies.

Corporate law: Policy Analysis Seminar:

This seminar focuses on investigating various current policy aspects and issues in corporate law and governance. Students are expected to write review papers about various case studies or might make presentations.

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