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New Course in Forensic Economics Teaches Students How to Assess Damages in Litigation

Dec. 8, 2006

Starting Spring semester, Baylor University's Hankamer School of Business will be the only school in Texas offering a class in Forensic Economics. In fact, only a handful of universities in the entire United States offer a comparable course.

"This is one of the few places in America where students can get hands-on experience with one of the fastest-growing areas of juris prudence and business," said Kent Gilbreath, who will teach the class. He is professor of Economics and Stevens Chair of Private Enterprise and Entrepreneurship at the school.

The advanced economics class is aimed at junior and senior-level undergraduate students who are considering law, economics, accounting or consulting. "This is perfect for undergraduate students who are nearing the end of their student career and are ready to see some action," said Gilbreath.

As part of the class, students will see real cases, measure real damage and attend depositions and trials, many in which Gilbreath will be testifying for the defense or plaintiff in the legal dispute.

"Every day we will have topics of discussion based on the news of the day," said Gilbreath. These topics may include the economic damages resulting from product defects such as exploding batteries, harmful side-effects of pharmaceuticals or lost profits from patent infringements, as well as other topics from the news.

With 28 years of experience as a practicing forensic economist, Gilbreath has worked hundreds of cases as an expert witness using methodologies that will be taught in this course. Gilbreath has been a professor of Economics at Baylor for 33 years and also served as a Member of the Board of Directors of the Federal Reserve Bank of Dallas for seven years. He is a charter member of the National Association of Forensic Economists.

For more information about the Forensic Economics course, contact Dr. Kent Gilbreath at 254-710-3535 or Kent_Gilbreath@baylor.edu.

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