What is Law and Economics?

The law and the economy interact in many ways.

Private law assists individuals and groups willing to enter into agreements in a free market. Public law seeks to correct the outcomes of a free market system by means of economic and social regulation.

Economists should be informed about the legal environment in which economic activities must be conducted. Lawyers should be aware of the economic effects of current legal rules and the expected outcome under a different legal regime.

Useful Links

American Law and Economics Association

Encyclopedia of Law and Economics

Erasmus Law and Economics Review

European Association of Law and Economics

European Doctorate in Law and Economics (EDLE)

Findlaw

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Student Voices

"Dear Prospective EMLE Students,
Dear Professors,

I am very happy for being an EMLE student and in particular having had the chance to study in two renowned universities, respectively ILE/Hamburg University-Germany and RILE, Eramus University Rotterdam.

Being a non EU student, I was eligible and lucky to be granted the Eramus Mundus Merit Scholarship from the European Commission for Education and Science.

This programme has enabled me to make use of economic methods to explain the efficiency of laws. I was impressed from the high profile of lecturers and their devotion to this school of thought. EMLE Programme is not like a usual LL.M. programme - it goes beyond by providing new insights and approaches.

Furthermore, the EMLE programme helped me to build up precious friendship with young people coming all over the continents! I miss my EMLE friends.

Last but not least, My special thanks and gratitude go to Prof. Dr. Thomas Eger for his patience, very high teaching performance and kindness.

Best Wishes,

Zamira Xhaferri"
(Albania)

[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.

European Master