Economic law is a branch of law that encompasses the rules, regulations, and statutes that govern the production, distribution, and consumption of go...
Economic law is a branch of law that encompasses the rules, regulations, and statutes that govern the production, distribution, and consumption of goods and services in an economy. The enactment of economic law is usually the responsibility of a government or intergovernmental organization, with laws established to promote competition and protect consumers, among other things. Economic law is comprised of a complex network of public and private legal acts, including case law, arbitration and adjudication, and international treaties. Economic law applies to any and all economic activities, including banking, finance, commerce, transportation, investment, securities, and taxation. Its principles also deal with the regulation of property rights and the facilitation of exchange. Economic law is necessary for the successful functioning of a market economy, and its aim is to prevent market distortions as well as competition-restricting monopolies.
Study program curriculum
The Economics Law Study Program is designed to develop students' skills in the areas of economics, legal principles, and business law as well as provide them with a comprehensive knowledge of the global economy. In this program, students will gain a deep understanding of the underlying principles, concepts, and theories of economics, legal terminology, and basic business law, including the ability to interpret and apply economic and legal principles. Furthermore, students will develop the ability to assess economic and legal issues, analyze economic and legal data, evaluate economic development strategies, and understand the implications of global economic, legal, and regulatory trends.
In addition, the program also offers a comprehensive overview of the various business laws and regulations governing different economic sectors. Students will learn about the various types of agreements, contracts, and documents used for business transactions, and understand the different laws applicable to them. The program will also provide an opportunity for students to develop an understanding of ethical and responsible economic behaviors, as well as the principles of corporate governance and accountability.
Top universities to study Economic Law
QS World University Rankings recently published the top universities to study economic law in 2021. Here is a look at the best universities in different countries for economic law, based on this ranking.
In the United Kingdom, the University of Cambridge tops the list for economic law. With a world-renowned reputation, the university has a 98.8% student satisfaction rate, strong research performance, high employability rate and numerous collaborations with leading organisations.
In the United States, Stanford University comes in at number one, with an impressive score in the fields of research and teaching. Located in a highly sought-after location in California, the university offers an excellent range of programs in economics and law, as well as valuable access to global legal networks.
In Australia, the University of Melbourne has been recognized as the best for economic law. The university offers a wide range of courses in the disciplines of economic law and legal studies and has a renowned faculty drawn from leading international legal and economic institutions.
In Canada, the University of Toronto is the best for economic law. It offers internationally recognized facilities and programming in both economics and law, and has a strong reputation for research excellence. The university has multiple international research center collaborations, providing students with invaluable access to global networks and resources.
In the Netherlands, the University of Amsterdam ranks at the top, with an impressive score across a range of metrics. The university has a variety of international partnerships, including collaborations with legal institutions in the USA, Australia, Germany, and other countries.
Finally, in Germany, the Freie Universität Berlin is a top choice for economic law. The university offers a wide range of degree programs, including the Bachelor of Law and Economics, the Master of Law and Economics, the Master of International Law, and the Master of International Economic Law.
In any case, before choosing a university and a program that interest you, first have a good look at them on our website. The program that is right for you may not necessarily be one of the "top ten" universities, but that doesn't mean it provides a bad education. Good luck!