LEANZ, Law and Economics in New Zealand



Europe Education

Short courses

The Mises Institute, Auburn, Alabama

www.mises.org

Mises offers:

(1) a summer Mises University a one week intensive course in Austrian economics designed primarily for economics graduates but will take lawyers with some economics background. Austrian economics is much more integratable with law than neo-classical economics and leads to a law'n'economics approach rather than a Law and Economics approach. The syllabus of the week is heavily concerned with law and economics topics such as the role of the state and market regulation. A prime attraction for lawyers is that Austrian economists do not go in for maths, statistics or empirical research but base their theories on logical deduction from premises.

(2) a self study course in Austrian economics, 52 hours of lecture on CD together with substantial amount of reading material and a shelf of books. The course can be bought and used by oneself, or for a substantial extra payment one can obtain on line tuition.

Degree programmes in law for economists and in law and economics for law graduates.

European Union

European Masters in Law and Economics

A one year LLM or MSc in which one can study at two or three universities in Europe (incl UK). All teaching and assessment is in English. In the first two terms seminars are available in the same basic law and economics subjects at all the participating universities. In the third term one completes a thesis and attends one or two seminars which differ from university to university. In the October term, one studies at Rotterdam, Hamburg or Bologna. In the January term at Ghent, Hamburg or Bologna. In the May term, seminars and supervision are offered in Aix-en-Provence, Bologna, Hamburg, Manchester, Rotterdam, Warsaw and Vienna.  It is also possible to study in Haifa or Mumbai for the May term. The exact degree received depends on the university attended in the third term. The programme is explained at http://www.emle.org/_EMLE_Main_rubric/index.php?rubric=Home. It is possible to proceed to a PhD based at Hamburg or Bologna with some study at the other of the two.  Generous scholarships for New Zealanders are available through the Erasmus Mundus scheme.

College of Europe at Bruges, Belgium

Good working knowledge of French required, language brushing up available. Offers a one year, three term, LLM in EU law and MAs in economics, politics, and international relations. Given the nature of EU law, both the law and economics syllabuses are quite 'law and economics' oriented but LLM and MA(Econ) students can opt for a 'law and economics' specialisation. The course follows the common European pattern of two terms of seminars followed by a third term of dissertation writing. All students take some interdisciplinary seminars, mainly in the first term. 'Law and economics' students take papers from the law and economics syllabuses together with special joint seminars. EU citizens can apply via a national selection committee, otherwise one applies directly to the College. Alberto Costi at VUW law faculty is a graduate of the College. By tradition the College is the breeding ground for future top EU public servants and is said to have a freemason-like alumni association!

College of Europe, Natolin, Warsaw

Good working knowledge of French required, language brushing up available. The College of Europe Natolin campus teaches a one year, two semester, MA. The first semester all students follow a common multidisciplinary course in the law, economics, politics and history of european integration. In the second semester students choose one of five special topics, all of which have some law and economics content, but the topic The Single Market has an entirely law and economics syllabus. Admission as per Bruges.

European University Institute, Florence

Working knowledge of a second EU language required, language training available. The EUI is primarily a research institution offering PhDs in politics, law, economics and history. The law department also offers a one year, three term, LLM. Unlike the College of Europe, it is not focused on the exposition of EU law but has a more general and comparative approach. The focus has recently become very much on private law, regulation and law and economics. The first two terms of the LLM are spent taking a research seminar, an advanced course and three other seminars and the third term spent on writing a dissertation. Of the four advanced courses on offer this year, one is a law and economics course and so are several of the seminars. There are also research and working groups which LLM students can attend, including a working group on law and economics. All teaching is in English but students are required to complete at least one assessed item (which may be a literature review) in another EU language. Andrew Butler of Russell McVeagh is a graduate of the EUI.

Germany

Frankfurt

A highly practice-oriented LLM. The Institute for Law and Finance at the University of Frankfurt offers an LLM which includes economic, financial and practical business angles. The focus is on financial regulation, but with a deliberately international and principled approach, not an EU slant. Some economics and finance papers must be taken and economic analysis is built in to the law papers. All teaching is in English but a two month internship must be completed in one of the international organizations, German organizations or a law firm in Frankfurt.

Bucerius Law School, Hamburg

Offers a one year LLM in law and business which includes law, economics and finance papers.

Netherlands

Utrecht

Offers an LLM in Law and Economics consisting of a paper on Law and Economics theory, a microeconomics paper and electives in competition law, business regulation, international trade etc. This is a state-subsidised course and so fees, even for non-EU students, are lower than for the LLM in Global Business Law, which is law and economics oriented, and there are opportunities for fee waivers and grants in some circumstances.

Switzerland

World Trade Institute, University of Berne

The Institute teaches a one year Master of International Law and Economics (MILE) which is of unusual structure. All students follow the same course of seminars for three terms and then have three months in which to write a thesis. The seminar courses are in weekly modules following a logical progression starting with modules in microeconomics and in international law and then moving on to more detailed aspects of international trade regulation. The institute itself cannot offer progression to doctorate level but one can move into other departments of the university after the MILE. A feature of the weekly module system is that practitioners, professionals and others can attend individual modules and so a wide range of people may be met at various times. The Institute offers other short courses and international forums, a five week summer school and a distance learning diploma which requires one week of attendance at the Institute.

United Kingdom

Dundee

The Centre for Energy, Petroleum and Mineral Law and Policy offers LLM and PhD degrees by research thesis in its areas of environmental and natural resource law and encourages interdisciplinary approaches. This law school is very small by international standards, about the size of Canterbury but is of course located at a centre of activity in the energy and petroleum industries.

London, Intercollegiate

The LLM is offered jointly by all the University of London law schools except LSE: ie University College, London, Queen Mary and Westfield, King's College, London and the School of Oriental and African Studies. In practice LLM students spend most of their time at the Institute of Advanced Legal Studies, an intercollegiate postgraduate facility. A vast range of papers is offered including an Economic Methods for Lawyers paper and papers on competition law, market regulation and intellectual property which specifically include economics. Students must register at one of the four schools, which must offer two of the law papers being taken, which can include a dissertation. It is also possible to take one economics paper in place of a law paper from the economics department of the school at which the student is registered but the structure of the economics degrees differs from the LLM which may restrict the choice of economics papers available. For economists, each of the four colleges teaches its own Masters degrees in economics and each has its own rules and practice about crediting in an LLM paper or half paper.

Oxford

The Law Faculty and the Said Business School will offer an MSc in Law and Finance from October 2010 for graduates in law. The syllabus will consist of a core paper 'Law and Economics of Corporate Transactions', two BCL papers chosen from the corporate and regulatory areas, which are taught through the year and classes in micro-economics and finance which start at a basic level and progress to more specialized material. Progress to DPhil will be possible but there is not yet any arrangement for a one year extension to MPhil. The BCL now offers a substantial number of papers in law and economics issues, competition law, property rights and so on, so that one will be able to create a law and economics oriented BCL. After the BCL a one year extension to obtain an MPhil by a thesis is possible. Professor John Armour is newly arrived and would be interested to supervise students taking research degrees in law and economics.

London School of Economics

There is no special law and economics programme but the LLM can be taken in law and economics oriented subjects and one out of four papers can be taken from the economics MSc syllabus. There is also a one year MSc in Economics and Philosophy to which it is possible to give a jurisprudential bent.

Cambridge

The Cambridge Law Faculty is not law and economics oriented, although there is an LLM paper on �Political theory and private law which examines law and economics. However, the Department of Land Economy offers a one year MPhil in environmental policy and planning-related subjects based on law, economics and other disciplines.


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