Microeconomic Predicates to Law and Economics

This book presents the microeconomic fundamentals necessary to evaluate legal doctrines in a rigorous manner without introducing what many law students consider to be complex mathematics such as calculus or even sophisticated geometry. Where mathematical tools are helpful, such as in explaining the notions of budget constraints and marginality, the necessary mathematical concepts are developed in the book. Most of the illustrations of economic concepts draw on examples which should be familiar and of interest to law students.