101082393 Generated on: Nov 10, 2023

Key Action: Partnerships for cooperation and exchanges of practices

Action Type: Erasmus Mundus Joint Master

Project Title

EMLE - European Master in Law and Economics

Project Coordinator

Organisation ERASMUS UNIVERSITEIT ROTTERDAM

Address 3062 PA , NL

Website www.eur.nl

Project Information

Identifier 101082393

Start Date Sep 1, 2022

End Date Oct 31, 2028

EC Contribution 2,802,000 EUR

Partners UNIVERSITE D'AIX MARSEILLE (FR) , UNIVERSIDAD POMPEU FABRA

(ES) , UNIVERSITAET HAMBURG (DE) , SZKOLA GLOWNA
HANDLOWA W WARSZAWIE (PL) , INDIRA GANDHI INSTITUTE OF
DEVELOPMENT RESEARCH (IN) , LIBERA UNIVERSITA MARIA
SANTISSIMAASSUNTA (IT) , UNIVERSITY OF HAIFA (IL) ,
UNIVERSITEIT GENT (BE)

The content of this page is published for information purposes only. The project was funded by the European Union. However, the communication about the project
that is published through this page expresses the views of the project beneficiaries only and it does not represent the views of the European Union or the European
Commission. It shall not be deemed to constitute legal or official notice on behalf of the European Union or the European Commission. Neither the European Union
nor the European Commission can be held responsible for this content nor the use thereof made by any third parties. Page 1 of 2
101082393 Generated on: Nov 10, 2023

Project Summary

Aim of EMLE is to provide students with advanced knowledge in 'Law and Economics' (L&E). This integrated
discipline studies economic effects of legal rules and the legal bases of economic efficiency. A comparative
approach is used to evaluate strengths/weaknesses of alternative legal rules from an economic viewpoint. L&E
builds on the insight that economics is a behavioural science, able to explain and predict how people act under
various legal conditions, revealing which legal instruments are most efficient in addressing market failures (e.g.
market power, negative externalities (e.g. pollution and risk-creation), and information-asymmetry (e.g. between
producers and consumers)). Economic analysis also informs policymakers about economic effects of rules aiming
at other social goals than efficiency. By studying economic rationales of lawmaking, L&E provides a positive
analysis of and normative benchmark for the actions of policymakers, administrative agencies and courts. L&E
has become increasingly relevant in the modern policy debate. EMLE is a 1-year Master covering all major fields
of L&E, from the traditional fields of private law, competition policy and economic regulation to analyses of
international and EU law, Law & Finance, innovation and the digital economy. Insights from behavioural
economics are included in the curriculum. Due to the increasing importance of empirical methods and their
usefulness for policymaking, Empirical Legal Studies are part of the curriculum. In the 1st and 2nd term, students
(max. 35/class) study in 1 of 3 universities. In the 3rd term, students choose between 6 universities in smaller
classes. In the first 2 terms courses on the core topics in L&E are taught. Specialisation starts in the 2nd term and
is completed in the 3rd term with 2 further specialised courses and a thesis. EMLE-graduates are trained to work
for private companies, public organisations, economic advisors, (multinational) lawfirms, but also for Ph.D.
research.

Link to project card: Show project card

The content of this page is published for information purposes only. The project was funded by the European Union. However, the communication about the project
that is published through this page expresses the views of the project beneficiaries only and it does not represent the views of the European Union or the European
Commission. It shall not be deemed to constitute legal or official notice on behalf of the European Union or the European Commission. Neither the European Union
nor the European Commission can be held responsible for this content nor the use thereof made by any third parties. Page 2 of 2