Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Economics
The social science dealing with the production, distribution, and consumption of goods and services.
law and economics
1. A discipline advocating the economic analysis of the law, whereby legal rules are subjected to a costbenefit analysis to determine whether a change from one legal rule to another will increase or decrease allocative efficiency and social wealth. ( Originally developed as an approach to antitrust policy, law and economics is today used by its proponents to explain and interpret a variety of legal subjects. 2. The field or movement in which scholars devote themselves to this discipline. 3. The body of work produced by these scholars.