Economics of Crime

About this course

The rise of organized crime at an international level has created huge illicit markets – in drugs, environmental exploitation, human trafficking, fraud, and weapons trading – which are now managed through sophisticated business models. To come to terms with this phenomenon, it is necessary take into account the dynamic developments in globalization, international relations, and international finance and law.

In this course, we explore ways to cope with threats posed by the illicit criminal markets to the open society, examining the costs of crime and crime prevention to society and the behavior of criminals and potential criminals. Adding tools from monopolistic behavioral theory and related fields to analyze the markets for organized crime and the goods and services produced in them we look at the need for revising public policy responses, including coordinating criminal justice systems at the international level.

Pre-requisites

One course each in macro- and microeconomics at university level.

Faculty

Kristian Sørensen

Faculty

Cand. polit. (Economic and Social Science, University of Copenhagen). Former Director at United Nations Development Program (UNDP) in NY. Head of Dialogue Development, carrying out consultancy services for mostly EU in Eastern Europe, Russia and the Middle East. External Lecturer in International Business at Copenhagen Business School (CBS). With DIS since 2011.