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Viewing: ECON 2167 : Economics of Crime

Last approved: Mon, 17 Jul 2017 08:02:08 GMT

Last edit: Wed, 12 Jul 2017 20:17:42 GMT

Catalog Pages referencing this course
Columbian College of Arts and Sciences
Economics (ECON)
ECON
2167
Economics of Crime
Economics of Crime
Fall 2017
3
Course Type
Lecture
Default Grading Method
Letter Grade

No
No
ECON 1011 or HONR 2043; and ECON 1012 or HONR 2044
Corequisites

70

Frequency of Offering

Term(s) Offered

Are there Course Equivalents?
No
 
No
Fee Type


No


Analysis of crime, both empirical and theoretical, that examines the links between law and economics, the economics of criminal participation, and the economics of law enforcement.
1) Understand the rational for criminalizing activities
2) Assess the economic cost of criminal activity to society
3) Manipulate the supply and demand for crime diagram
4) Model the supply of crime using the state-preference model
5) Be familiar with the literature on the effects of sanctions on criminal activity
6) Understand the difficulties of statistical testing and identify spurious statistical tests
7) Use simple phase diagrams to understand the concentration of crime
8) Use game theory through mixed strategy equilibria to understand enforcement problems
9) Become familiar with the use of natural experiments, differences in differences and other techniques used by economists when straightforward structural estimation is not possible

Course Attribute
CCAS - GCR:Social & Behavioral
SEAS - Soc. Science Electives

Key: 2509