This track deals with the highlights of Law & Economics and Europe. In the first part, the effects of European Competition Law on the economy are discussed. In the second part of this track the effects of Financial Law on the (European) Economy and the Eurocrisis are discussed. In both weeks students are asked to formulate sustainable solutions for current issues in the domain of European Law and Economics.
This track deals with the highlights of Law & Economics in Europe. In the first part of this course we deal with the effects of European Competition Law on the behavior of businesses in the European Union. An effective common market within the EU requires a fair and undistorted competition. The European Commission (EC) vigorously attacks cartels within the European Union. The aim is to give students insight in how unfair competition occurs in practice, how this can be prevented and how to react if unfair competition is detected within a company.
In the second part of this course we will deal with the effects of Financial Law on the economy. Inefficient regulation of securitizations (of mortgage products) and poor governance of banks contributed to the financial crisis that started in 2008. The Eurocrisis showed the effect of the lack of rules and tools at the level of the European economy; financial institutions collapsed and bank lending was disrupted. By way of lectures and workshops, students get thorough insights in these issues while learning to formulate solutions for a more sustainable financial system. The special track consists of: European Competition Law & Economics: cartels and other evils & Financial Law and Economics: the (next) Financial Crisis and Europe.
We have not decided yet whether this track will be in a physical, online or hybrid version. That will depend on the course of events due to the Covid-19 crisis. The price for participating online will be 150 Euro lower than the price for participating in the physical classroom. At first, this track will only be offered as the physical course, if this changes we will send an email to all students who have already applied for this programme.
Aim of the course
To give advanced bachelor and master students (Law, Economics) an insight into the effects of rules, or the lack of these, on the (European) economy, and vice versa, i.e. into how the economy affects rule-making, and to make students familiar with the career opportunities after a Master in Law & Economics or Economics & Law. This course is an excellent introduction to the LLM program Law & Economics and the Msc programme Economics & Law of Utrecht University.
Contact hours daily: 4-5 hours (lectures, group assignments); Self-study daily: 4 hours (preparation and research). A written exam will be part of each course week for students which need a grade. The other students will be required to write and present a group paper on a topical issue in the Law and Economics of their own country and connected with the subject of their course.
Prof. dr. Wilco J. Oostwouder (professor Corporate Finance Law Utrecht University and attorney at law at Loyens & Loeff NV) | E: email@example.com | T: +31 (0)622938313