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Course Details

Law and Economics of the Firm (Klick)

Summer 2026   LAW 628-001  

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Faculty
Jonathan Klick

Professor of Law

jklick@law.upenn.edu
Additional Information
Satisfies Senior Writing Requirement

No

Location

Class meets in person.

Meeting Times/Location
TBA TBA

Category
Upper-Level

Credits
3.0

Laws and regulations affect the incentives, constraints, and choices faced by modern business entities. Corporate lawyers help determine how well firms can navigate those legal opportunities in their roles as “transaction cost engineers.” This course will cover the framework of transactions cost economics as it applies to corporate governance, antitrust, corporate reorganizations, and personnel issues. The methodology of the course will include case studies, theoretical models, and more systematic empirical evidence.

The course meets in Gittis 214.

Course Subject Areas

Business and Corporate Law Learning outcomes: Demonstrate a core understanding of business and corporate law; Perform legal analysis in the context of business and corporate law; Communicate effectively on topics related to business and corporate law; Demonstrate an understanding of the interconnection between the world of business and finance and that of business and corporate law, and how they affect other areas of law and society.