UNIT 1 : I

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UNIT 1 : Importance of Economic Laws ( A) Prof. Name: MS. ADITI PATEL Designation: ASSISTANT PROFESSOR Dept, Inst.: PARUL INSTITUTE OF LAW Parul University Study Guide Contents Introduction.......................................................................................................................................................... 1 Core Principles of Law and Economics ................................................................................................................... 1 Importance of Law and Economics ........................................................................................................................ 2 Objectives of Law and Economics.......................................................................................................................... 3 Table: Applications of Law and Economics by Legal Area ....................................................................................... 4 Key Theoretical Contributions ............................................................................................................................... 6 What Are Economic Laws? ..............................................................