This article examines how studying these issues affected the graduate students. Law and economics or economic analysis of law is the application of economic theory specifically microeconomic theory to the analysis of law that began mostly with scholars from the Chicago school of economicsEconomic concepts are used to explain the effects of laws to assess which legal rules are economically efficient and to predict which legal rules will be.
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It analyzes the reflective accounts written by the students using qualitative content analysis and Grounded Theory.
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