EMLE Admission 2017
the results for the admission process 2017-2018 have been sent. In case you have not received an email by EMLE, please check your Spam folder or contact firstname.lastname@example.org. Thank you!
Application for the Academic Year 2017/2018
Thank you for applying! The application for the 2017-2018 EMLE year is now closed and will re-open again in September 2017 for the academic year 2018-2019. This 2017-2018 applicants will hear about their status of application in March 2017!
EMLE's real impact on policymaking:
EMLE's real impact on policymaking:
EMLE alumni have contributed to a project by the European Commission, which had a tangible impact on EU policymaking.
On 21 December 2015, the Financial Times published the article "Brussels to crack down on cross-border postal prices”, describing how parcel delivery prices are inconsistent across EU borders and restrain trade in the internal market. A group of EMLE alumni, acting as consultants for the European Commission, have contributed to the dataset on which these findings are based.
Second Term 2015/2016
Second Term (January - March)
(Hamburg, Rotterdam, Ghent)
In this term, students earn 20 ECTS credits. All students must attend the same four fundamental courses. In addition, they must attend one specialized course, which depends on the term university. ECTS credits earned with each course are reported in brackets.
6. Contract Law and Economics (4 ECTS)
This course aims at giving students an overview of the most important insights from the economic analysis of contract law. Focus is, on the one hand, on contract theory and, on the other hand, on contracting failures (e.g., in consumer choice) calling for regulatory intervention. In addition, the course aims at providing a functional understanding of the spectrum of feasible contracts and of their use in legal practice, starting from discrete contracting, via relational contracts, up to the nexus of contracts in organizational hierarchies.
7. Property Law and Economics (4 ECTS)
The course explores the potential and the limits of an economic property rights approach to the law of property, as lawyers conceive it. It integrates the legal and the economic approach to ownership. The course illustrates costs and benefits of different ways to protect entitlements, namely through property rules, liability rules, rules of inalienability, and rules of non-protection. Applications range from traditional conflicts in using physical resources to intellectual property rights.
8. Corporate Law and Economics (4 ECTS)
In a corporate environment, principals and agents have many conflicts of interests. This course focuses on the various legal, contractual and extra-legal mechanisms available to protect (minority) shareholders and other stakeholders from the self-serving behaviour of managers and of controlling shareholders. In addition, the course illustrates how legal institutions address the problem of corporate financial distress and the related conflict of interests between shareholders, management and the different types of creditors.
9. Empirical Legal Studies (4 ECTS)
Modern Law & Economics is unthinkable without empirical tests. This course makes students familiar with the most important aspects of such tests from the design stage, to the collection of data to the actual estimate of simple econometric models. It is a "hands on" course including many practical exercises. Students of this course will learn to:
- Think creatively about research design
- Describe the data
- Run OLS regressions
- Interpret the data as it relates to causality
10.a. Law and Economics in the Courts – Rotterdam (4 ECTS)
This course is designed in order for the students to develop advanced skills concerning the enforcement of law. In particular, students will learn how to use economic arguments and economic evidence in real-life court cases. To this purpose, the course is organized in a 'moot court' format. Students must take the role of plaintiffs, defendants, and judges, and they are supposed to base their arguments and decisions on economic analysis of law. Course materials are adapted from real case law in different jurisdictions.
10.b. Environmental Law and Economics – Ghent (4 ECTS)
This course deals with the fundamental variables of environmental law, the goals and the tools of environmental policies, the most important criteria for their evaluation, cost-benefit analysis and the so-called “instrument theory”.
10.c. Economics of Constitutional and Administrative Law – Hamburg (4 ECTS)
In this course, selected problems of constitutional law and administrative law are analysed, with special focus on comparative and quantitative aspects.
"The EMLE program is a unique chance to broaden one's focus and to dive into interdisciplinary research. Having studied political science before, I wanted to learn more about the economic rationales behind the rules that are governing our everyday life as well as about the potentials to improve them. My expectations were more than fulfilled! With the new tools at hand I was able to start a Ph.D. program at the International Max Planck Research School for Competition and Innovation.
Apart from the outstanding academic quality of the program I cannot think of a better way to get to know energetic people from all around the world. Sitting in a Hamburg dorm and enjoying dinner in a 20sqm kitchen with friends from Italy, Russia, Mexico, Bangladesh, India, China, the Netherlands, Belgium, Brazil, Ireland, Israel, Taiwan and Argentina is what makes the EMLE program an experience of a lifetime."
Thimo Pascal Stoll
[EMLE Student 2008/2009]