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Economic Analysis of the Law

About the Economic Analysis of the Law

The degree course of the Economic Analysis of the Law specialty is provided at the first (Bachelor in Laws – LLB in Economic Analysis of the Law) and Second (Master in Laws – LLM in Economic Analysis of the Law) levels of higher education. The aim of the program Economic Analysis of the Law is to prepare professional lawyers and covers topics related to how economic principles can be used to understand legal concepts and develop more effective legal policies. International European University, Ukraine – Malta Campus provides students of the Economic Analysis of the Law course with the opportunity to study the role of economics in legal analysis, property rights and externalities, tort law and the economic analysis of accidents, criminal law and deterrence theory, contract law and incentive theory, corporate law and agency theory, antitrust law and market power, intellectual property law and innovation, etc.

The Economic Analysis of the Law degree program at the International European University, Ukraine – Malta Campus is one of the most prestigious law programs in Europe. It was established by the Ministry for Higher Education. Students in an Economic Analysis of the Law course at the International European University, Ukraine – Malta Campus learn how to use economic models and theories to understand the behavior of individuals and firms in legal contexts, and how to apply these models to develop more efficient and effective legal policies. It develops skills in critical thinking, problem-solving, and legal writing that are essential for success in the legal profession. The International European University, Ukraine – Malta Campus designed to teach students how to use economic reasoning to analyze legal problems and evaluate legal policies.

Name of specialty – Economic Analysis of the Law;

Level of Higher Education – First (Bachelor in Laws – LLB in Economic Analysis of the Law) and Second (Master in Laws – LLM in Economic Analysis of the Law) level;

The list of specializations and educational programs – Antitrust Law, Corporate Law, Environmental Law, Intellectual Property Law, Labor Law, Public Finance, Securities Law, and Tort Law.

The total amount of credits from the European Credit Transfer and Accumulation System – 240 credits;

Duration of studying – 3,5 years of full-time studying (Bachelor in Laws – LLB in Economic Analysis of the Law), 2-3 years of full-time studying (Master in Laws – LLM in Economic Analysis of the Law).

The Educational Process

International European Law School aims to provide international students with invaluable knowledge and experience in Economic Analysis of the Law using modern information technologies, software, and technical advancements. We use European study plans and curricula, modernized classrooms, reading rooms, and all necessary equipment to make the educational process more comfortable and effective.

The educational process of an Economic Analysis of the Law course at the IEU, Ukraine – Malta Campus involves a combination of lectures, readings, case studies, and assignments. Professors deliver lectures on key economic concepts and theories, such as supply and demand, market failure, game theory, and cost-benefit analysis. The IEU, Ukraine – Malta Campus students can read academic articles and case studies that apply economic analysis to legal issues.
International European University, Ukraine – Malta Campus students are required to complete assignments that apply economic analysis to legal issues. For example, students are asked to calculate the social cost of pollution or evaluate the efficiency of a particular legal rule.

The educational process in an Economic Analysis of the Law course at International European University, Ukraine – Malta Campus is designed to help students develop the skills necessary to apply economic analysis to legal issues. Students learn how to use economic models to analyze legal problems and evaluate legal policies, as well as how to communicate their findings clearly and concisely.

Future Economic Analysis of the Law professionals obtains the necessary knowledge and competencies to be able to:

  • write organized, concise, and persuasive prose;
  • review and assimilate large volumes of complex information and be able to do so efficiently and effectively;
  • reviewing complex written documents, drawing inferences, and making connections between legal authorities;
  • convey information in clear, concise, and logical terms;
  • communicate persuasively, and be able to advocate a position or a cause;
  • master legal terminology;
  • master the stylistic and mechanical aspects of writing;
  • draft effective documents such as motions, briefs, memorandums, resolutions, and agreements;
  • master rainmaking and client development skills and customer service skills;
  • develop organizational and problem-solving abilities, and structure and evaluate arguments;
  • researching legal concepts, case law, judicial opinions, statutes, and regulations;
  • master research techniques and learn how to locate and synthesize legal authority;
  • master research techniques and learn how to locate and synthesize legal authority;
  • become proficient with legal research software applications and internet research;
  • master a variety of word processing, presentation, and time management;
  • master communications technology such as email, voice messaging systems, video conferencing, and related technology;
  • have a basic knowledge of substantive law and legal procedure;
  • understand the fundamental principles of law in the practice area in which they work;
  • bill time and manage large workloads;
  • develop superior multi-tasking skills, a strong work ethic, and the ability to juggle competing priorities;
  • meet tight deadlines, and this requires calendar and time management skills;
  • develop topnotch organizational skills to manage large volumes of data and documents;
  • sort, order, and manage large volumes of exhibits, documents, files, evidence, data, and other information in paper form;
  • identify objectives, catalog data, and create an effective organizational structure from massive amounts of unrelated information;
  • rely on support staff and team up with co-counsel, experts, and vendors to deliver services;
  • collaborating with others to reach common goals, as well as coordinating and sharing information and knowledge;
  • cultivate relationships with colleagues and clients;
  • ability to perform deep research into topics related to cases they work on;
  • have the ability to analyze details, ascertain information, infer context from clients and witnesses, and other analytical applications are necessary as a lawyer;
  • work with diverse clients across many types of law practices, and detail to spot inconsistencies in clients’ cases, obscure witness information, or other types of data related to the projects they work on;
  • use computer applications to help them keep track of schedules, appointments, hearings, and other job-related events;
  • efficiently dedicate time to different tasks of the job, including researching, compiling paperwork, or gathering information;
  • apply persuasive techniques in their jobs frequently;
  • apply persuasive techniques to achieve positive outcomes for their clients.

Compulsory Subjects

Economic Analysis of the Law degree courses covers a comprehensive range of major and minor subjects. The major subjects (or modules) are:

  • Microeconomics. This course provides an introduction to microeconomic theory, including supply and demand, consumer behavior, and market structure.
  • Macroeconomics. This course provides an introduction to macroeconomic theory, including economic growth, inflation, and monetary policy.
  • Law and Economics. This course explores the relationship between law and economics, including the economic analysis of legal rules, liability, and property rights.
  • Game Theory. This course provides an introduction to game theory, including strategic interactions, equilibrium, and decision-making under uncertainty.
  • Cost-Benefit Analysis. This course explores the principles and applications of cost-benefit analysis, including the evaluation of public policies, projects, and regulations.
  • Empirical Methods in Law and Economics. This course provides an introduction to empirical methods used in legal and economic research, including regression analysis and statistical inference.
  • Behavioral Law and Economics. This course explores the intersection between psychology, economics, and the law, including the study of heuristics, biases, and nudges.
  • Environmental Law and Economics. This course explores the economic analysis of environmental policy and regulation, including pollution control, natural resource management, and climate change.
  • Intellectual Property Law and Economics. This course explores the economic analysis of intellectual property law, including patents, trademarks, and copyrights.
  • Antitrust Law and Economics. This course explores the economic analysis of antitrust law and policy, including market power, competition, and monopolies.

Career Perspectives

After finishing the educational professional program of the specialty “Economic Analysis of the Law” specialists can perform professional work as:

  • Legal Analysts;
  • Economists;
  • Policy Analysts;
  • Consultants;
  • Regulatory Compliance Officers;
  • Risk Management Analysts;
  • Investment Bankers;
  • Securities Analysts;
  • Corporate Lawyer;
  • Patent Attorney;
  • Tax Attorney;
  • Environmental Lawyer;
  • Government Economist;
  • Academic Researcher;
  • Legal Writer;
  • Legal Editor;
  • Forensic Account;
  • Legal Assistants;
  • Paralegal;
  • Legal Researchers;
  • Law Librarians;
  • Law Professors;
  • Judge;
  • Law Clerks;
  • Court Reporter;
  • Law Enforcement Officers;
  • Legal Compliance Officer.

Why Obtain an Economic Analysis of the Law Degree in Europe?

The International European University, Ukraine – Malta Campus is a perfect option for international students to study Economic Analysis of the Law in Europe and discover an excellent opportunity to earn a Law Degree from one of the best universities in the EU. The quality of education is on point as our Law School is consistently ranked among the TOP-10 Law Schools in Europe.

International students who pursue their studies at IEU, Ukraine – Malta Campus will gain not only access to award-winning teaching methods but also internationally recognized qualifications used everywhere in the world. An Economic Analysis of the Law Degree from the International European University, Ukraine – Malta Campus involves the study of how legal rules affect economic behavior and the evaluation of the efficiency of legal systems in achieving economic goals. By studying Economic Analysis of the Law at IEU, Ukraine – Malta Campus students study how legal rules and policies affect market behavior, such as the supply and demand of goods and services, and how they influence economic outcomes, such as prices, wages, and employment.

Career Perspectives with Economic Analysis of the Law Degree in Europe

Pursuing an Economic Analysis of the Law Degree at the International European University, Ukraine – Malta Campus can prepare you for various career opportunities in the public and private sectors of the legal profession, including working as a lawyer, judge, legal researcher, legal writer, mediator, arbitrator, or legal consultant. A Degree in Economic Analysis of the Law from the International European University, Ukraine – Malta Campus can also increase students earning potential and help them stand out in the job market.

Application Process for Economic Analysis of the Law Degree in Europe

The application process for an Economic Analysis of the Law Degree at the International European University, Ukraine – Malta Campus is easy and fast compared to other European Law universities. International students are provided with full support along the way while collecting the necessary documents, submitting their application, and obtaining the Student Visa.

Rich Cultural Experience in Europe

International students of IEU, Ukraine – Malta Campus are always amazed by Maltese culture rich in history and tradition. The islands discovering is always an eye-opening experience for students who have never left their home country before. Students have the opportunity to travel around Europe during their time abroad, which allows them to see how other cultures live and what they value most about life. Obtaining an Economic Analysis of the Law Degree abroad offers some unforgettable experiences students will never forget! For example: visiting museums or historical sites; tasting new foods from around the world; learning how people celebrate holidays differently; meeting new friends from all over the world who share similar interests, and many more!

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