This module is for students on the LLM in Law and Economics programme.
The course aims at showing the students how economics is intertwined with certain areas of the law so they can develop economic based legal argument or develop their own research.
This module further dives into the intersection of law and economics. First, this course looks at the theory of the firm: why firms are formed, financed, etc. Second, this course looks at the economics of antitrust through market definition and merger and acquisitions. Third, this course looks at how intermediaries like credit agency attempt to address information asymmetries and discusses signalling theory. Finally, this course looks at the rational agent hypothesis by looking at the empirical literature on criminal law.
3 hr 15 min Exam