Universities With Law and Economics Programs
Almost every major American law school, and most leading economics departments, offer courses in law and economics and has faculty working in the field.
Two of the leading law schools focusing on Law and Economics are the University of Chicago Law School, whose faculty includes Judge Richard A. Posner, Ronald Coase and Gary Becker, and the George Mason University School of Law, whose faculty used to include Nobel laureate Vernon Smith (though Smith and his team have since moved to Chapman University), and perennial Nobel finalist Gordon Tullock. In the spring of 2006, Vanderbilt University Law School announced the creation of a new program to award a Ph.D. in Law & Economics. A ranking of law and economics Ph.D. programs was published in the Southern Economics Journal in 2008, and also includes among the top 10 programs (based on publications in the field) the economics departments at UC Berkeley, Harvard University, University of Connecticut, UC San Diego, Princeton University, MIT, University of Wisconsin - Madison, Florida State University, Central Michigan University, and the University of Michigan.
In Europe, a consortium of universities from ten different countries is running the European Master Program in Law and Economics, also known as EMLE, which is a European program in the field since 1990. This programme offers the unique opportunity for interdisciplinary studies of law and economics at two or even three European and Non-European universities. Each partner university awards a Master degree (LL.M. / M.A. / M.Sc.). The programme also provides students with an advanced understanding of the economic effects of divergent laws and prepares students for a professional career, for example, in public organisations, in multinational law firms or consultancy firms. Graduates are also well prepared for doctorate research in a PhD programme such as the European Doctorate in Law and Economics (EDLE), which is operated by three European centers in Law and Economics. http://www.edle-phd.eu]
The University of Toronto's Faculty of Law offers a combined J.D./M.A. Economics, as well as a J.D./Ph.D. Economics.
In 2009 the University of Copenhagen and the Copenhagen Business School established an interdisciplinary elite master program in International Law, Economics and Management that is jointly offered by both institutions. The program is not only a Copenhagen Master of Excellence, but also one of only twelve elite programs in Denmark and attracting students from all over Europe.
Since 2009 there has been created a new PhD program in Law and Economics of Finance and Money from Goethe University in Frankfurt am Main/Germany. The program is entirely created for the purpose of research in fields such as regulation of Financial Institutions and Market Regulation. The program is thought to be finished within four years and is entirely taught in English.
The Collegio Carlo Alberto in Turin, Italy hosts an International Ph.D. Program in Institutions, Economics and Law within the Centre for the Comparative Analysis of Law and Economics, Economics of Law, Economics of Institutions. Members of the teaching staff come from various academic institutes in Europe and the United States. A separate Doctoral Program in Law and Economics is currently run by the School of Economics at the University of Siena. Also in Italy, the International University College of Turin, with students and faculty from worldwide, runs a biennial Master of Sciences in Comparative Law, Economics and Finance, which challenges mainstream views on the subject. In 2012 the Università Cattolica del Sacro Cuore opened the first faculty of economics and law in Italy.
Central European University in Budapest, Hungary offers both an MA and LLM in Law and Economics. The program is offered in both the university's Economics Department, as well as in its Legal Studies Department. This program is registered in the United States by the Commission on Higher Education of the Middle States Association of Colleges and Schools.
Switzerland's University of St. Gallen has a Law and Economics Program on both the undergraduate (Bachelor of Arts in Law and Economics) and graduate levels (Master of Arts in Law and Economics). The graduate program was initiated in October 2005 at the first international scientific conference on Law and Economics by the President of the University, Ernst Mohr and the St. Gallen Professor and leading business lawyer Peter Nobel. The Law and Economics Program is supported by an International Academic Council lead by leading experts in the field of law and economics, such as Richard A. Posner, Ronald J. Gilson, Victor Goldberg or Geoffrey P. Miller.
Operating outside this particular framework, Utrecht University offers students the possibility to major in law and economics as part of their undergraduate studies, or to specialize in law and economics in a one-year post-graduate programme.
University of Economics, Prague, specifically the Department of Institutional Economics at the Faculty of Economics and Public Administration, offers Law and Economics as a possible specialization for graduate students, while a complete graduate program is being prepared.
The University of Leicester runs a degree program called "Economics and Law", with various modules taught in the specific area.The University of Cambridge offers the option of a 'Law and Economics' paper within the Land Economy Tripos. The University of Manchester Law School, Nottingham University Business School and City University Law School, London have undergraduate courses in Law and Economics. University College London offers undergraduate courses in Law and Economics in its Economics Faculty and post-graduate courses in its Law Faculty.
The Centre for Economic Studies and Planning, Jawaharlal Nehru University, was the first to introduce a Post-graduate Optional course in Law and Economics in India. In the past few years Law and economics has also become one of the major research areas at the centre. The Delhi School of Economics also offers law and economics courses at the post graduate level. The National University of Juridical Sciences (NUJS) offers two courses in Law and Economics to its undergraduate students, as does NALSAR University of Law. A Post-graduate Optional Course is now offered in University of Hyderabad by the Department of Economics, School of Social Sciences.
Bilkent University Faculty of Law in Turkey has also launched a graduate degree program on September 2010, titled "Law and Economics". The program runs for one year, containing courses and seminars on conventional economic analyses of law, along with the application of these analyses on the energy and telecommunication sectors of Turkey. Seminars and courses are taught in both Turkish and English.
In the National University of Singapore, a Double Honours Programme in Law and Economics was launched in 2005, whereby students complete two Bachelors' degrees in five years. Similarly, the Singapore Management University offers a Double Degree Programme in Law and Economics whereby students graduate with Bachelor's degrees in both subjects. Economic Analysis of Law is also offered as a module for students in the School of Law at Singapore Management University.
The University of Bonn has recently founded a Center for the Advanced Studies of Law and Economics (CASTLE).
The International Max Planck Research School for Competition and Innovation is a PhD program offered jointly by the Max Planck Institute for Intellectual Property and Competition Law and the Ludwig Maximilians University in Munich (Germany). The program selects outstanding candidates from the fields of law and economics to produce doctoral research in the area of the law and economics of intellectual property and competition law.
China University of Political Science and Law provides a Master/PhD program of Law and Economics. Its Center for Law and Economics, which was established in 2005, hold lectures and exchange activities regularly.
The University of Reading has launched a new LLM/MSc in Law and Economics providing a critical approach to the interrelation between the two disciplines. The programme shall enable law students to understand the economic effects of legal rules and economics students to understand the institutional legal framework of market economies.
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