Economic analysis of law

Abstract

The economic analysis of law has become of the common concepts in field of social studies in Western world; we rarely find a study of legal problems did not address the data and results of the school of law and economics. This importance stems from the close relationship between law and the economy in general, which is as old as the existence of social relations between individuals. However, the new is the use of economics methods in analyzing legal issues by adopting precise methodological processes to study the content of legal rules, the results of their application, their impact on the behavior of individuals, and there contribution to development of law.