What can Law and Economics do?

The model of rational choice, which underlies much of modern economics, is also very useful for explaining (and predicting) how people act under various legal constraints.

Explain: Positive economic analysis seeks to explain the behaviour of legislators, prosecutors, judges and bureaucrats.

Inform: The positive aspect of Law and Economics informs the normative branch of the discipline. If effects of divergent legal rules and institutions are known, the normative analyst will be able to discern efficient rules from those that are inefficient and formulate reform proposals to increase the efficiency of the law.

Improve the quality of the legal system: In the last decades, an impressive literature has developed, showing the strength of both positive and normative economic analysis in various areas of law. Students will study this literature and learn how to apply the relevant economic insights to their own legal system.

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Student Voices

"Please know that I had one of the best years of my life with the EMLE program, academically and culturally.

Most thankfully yours,

Federico Wesselhoefft"
(Argentina)

[EMLE Student 2008/2009]

EUA Joint Masters Programme

This project of the European University Association analysed the possibilities of joint degree programmes in Europe as innovative examples of inter-university cooperation and as pillars of the future European higher education development. EMLE was among the eleven programmes that were selected for this pilot project.

Accreditation by NVAO and ZEvA

In August 2004, the EMLE programme in Rotterdam and Ghent was accredited by the NVAO, the Dutch Flemish Accreditation Agency. The NVAO is the official agency in the Netherlands and Flanders to certify that a programme meets the quality criteria as formulated by the Dutch and Flemish government.
In February 2005 the EMLE programme in Hamburg was accredited by the ZEvA, the Central Accreditation Agency of the Federal State of Lower Saxony. The ZEvA is one of the official agencies in Germany to certify that a programme fulfils the national German quality standards set by the German Conference of the Ministers of Education.

Erasmus Mundus Masters Course

The Erasmus Mundus programme is a co-operation and mobility programme in the field of higher education. It aims to enhance quality in European higher education and to promote intercultural understanding through co-operation with third countries. The programme is intended to strengthen European co-operation and international links in higher education by supporting high-quality European Masters Courses, by enabling students and visiting scholars from around the world to engage in postgraduate study at European universities, as well as by encouraging the outgoing mobility of European students and scholars towards third countries.