European Master of Laws in Law and Economics

The Law and Economics programme offers a unique opportunity for interdisciplinary studies of law and economics. It provides students with an advanced understanding of the economic effects on divergent laws. The programme covers one year and is divided in three terms, you will choose at least two different universities of the consortium.

Subsequent Master's Programme
1 year 60 credits
Faculty of Law and Criminology
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About the programme
Programme summary
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Off to a good start
After graduation


This programme offers a unique opportunity for interdisciplinary studies of law and economics. It provides students with an advanced understanding of the economic effects of divergent laws. For Law students knowledge of the specific regulations of their home country is too narrow a base for counseling firms active in interstate trade. Additionally, knowledge of the economic effects of legal rules has become indispensable for understanding their clients' commercial needs.

Similarly, Economics students will profit from an accurate understanding of the institutional legal framework of market economies. Hence, for both lawyers and economists, knowledge of the other discipline and international contacts are crucial for a successful future career.

Borders in Europe are becoming less and less meaningful. For law studies, internationalisation creates a specific problem. The legal systems in the different European countries became increasingly divergent due to the increasing importance of specific regulations regarding areas such as social security, industrial policy, protection of the environment, equal treatment of minority groups etc. The economic analysis of law, often briefly called 'law and econo­mics', is certainly a good candidate as a standard for relevant comparison of law. Economics should be able to develop thoroughgoing and systematic insights into law, on the explanatory as well as on the normative level. The Law and Economics programme allows students to compare the legal institutions of their country and to evaluate them on the basis of a solid analytical framework in the hope for a new European 'ius commune' in which insights of Law and Economics are to play an important role.

For whom

The admission requirements depend on your prior education (type of degree, country of issue etc.) or additional experience.


The study programme comprises three kinds of course units. In order to make law students more familiar with basic economic reasoning, some courses are more economic in orientation. Other course units deal with comparative law in order to internationalise the legal background of the students. From the second term onwards, students can opt for one of three specialist: corporate law, innovation law, or public law. The references to law in the course units will be of a comparative kind, due to the all-European character of the programme and the international composition of the audience.

Student mobility
The programme covers one academic year, for which successful students will receive sixty credits. The academic year is divided into three terms. The unique international and interdisciplinary character of the EMLE programme is secured through an intensive co-operation between lawyers and economists at no less than eight European Universities and three non-European partners:

  • students may study at up to three different universities but cannot spend all terms at the same location;
  • in the first term course units will be offered at Universität Hamburg, Erasmus University Rotterdam, and the University of Haifa;
  • in the second term students will study at Ghent University, Universität Hamburg or Erasmus University Rotterdam;
  • in the third term course units are offered in Aix-en-Provence, Barcelona, Prague, Rome, Rotterdam, University of Arizona, Warsaw, Mumbai and Haifa.

> Master’s Dissertation

Completing the Master's dissertation is a requirement for any student who wants to obtain their Master’s degree. The Master’s dissertation is an original piece of research. Its aim is to develop and strengthen the students’ research skills. Students select a topic and receive guidance from a supervisor. The Master’s dissertation consists of a literature review, practical research, and an original analysis of the chosen topic.

Labour Market

Law and economy interact in many ways. Private law assists individuals and groups willing to enter into agreements in a free market. Public law seeks to correct the outcomes of a free market system by means of economic and social regulation.
Economists should be informed about the legal environment in which economic activities must be conducted. Lawyers should be aware of the economic effects of current legal rules and the expected outcome under a different legal regime.

The Master's programme 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.