Author Description

Economics for Law offers a rigorous, law-centred introduction to microeconomic reasoning and demonstrates how economic analysis informs the design, interpretation and enforcement of legal rules. The text is written specifically for law students and focuses on the motivations behind legal rules, the consequences of legal decisions and the efficiency of alternative legal regimes. The author employs economic tools to analyse legal issues and restricts coverage to the concepts that first-year LL.B. students actually need, presenting them in eight carefully selected chapters. To make the material concrete, the book uses practical examples and short 'stories,' showing, for instance, how the Polluter Pays Principle (Pigou) and private bargaining (Coase) map to pollution taxes and out-of-court settlements. This book is intended for the following audience: • LL.B. Students (especially first year) seeking a rigorous yet accessible introduction to economic reasoning in law • Law Teachers & Tutors who want a structured, story-led way to embed economic tools in doctrinal teaching • Policy & Regulatory Professionals (competition/antitrust, consumer, environment) who need a compact microeconomics refresher attuned to legal problems • Early-career Litigators & Transactional Lawyers looking to sharpen arguments with efficiency analysis, incentive design, and evidence from elasticity or market structure The Present Publication is the Latest Edition, authored by Dr Anu Singh, with the following noteworthy features: • [Law-first Orientation] Each topic is developed for legal use-cases rather than abstract economics • [Accessible Pedagogy] Chapters open with Learning Objectives and close with a concise Summary to aid revision • [Direct Legal Linkages] Dedicated sub-sections connect core results to doctrine, including 'Market in legal context,' 'Legal implications of demand elasticity,' 'Relevance for la