Why is most economic activity taking place in incorporated firms? Why are trading partners sometimes allowed not to execute the contracts which they have previously signed? Why are cartels prohibited all over the world? Can big firms run whatever commercial policy they want so as to eliminate competitors? Why do countries negotiate trade concessions at the World Trade Organization? How does that affect export-oriented firms?- Teachers use theory and examples from practice to lead the discussion on the abovementioned questions.- The course first reviews some fundamental notions of law and economics that shape the environment in which economic agents operate before focusing on the economic analysis of the general features of contract law, competition law, and international trade law.- It discusses both how legal institutions should be designed in order to foster economic activity, and how private parties are likely to respond to the incentives created by legal rules.- Interactive lectures are given every morning while afternoons are reserved for reading and preparing for class discussion.- The course is crowned by a role game where groups of students play the role of the plaintiff%E2%80%99s team, the defendant%E2%80%99s team, and the court in a fictitious court case that brings all the covered material to the fore.

Course leader
Prof. Cdric Argenton and Prof. Panagiotis Delimatsis

Target group
Undergraduate students in law, economics, political science or business with at least one successful year of study behind them

Course aim
This course aims at providing a non-technical introduction to the main legal and economic issues encountered in today's global business life. By blending law and economics, it allows students from various backgrounds to understand the legal and economic logic of the constraints that determine the environment of any economic enterprise: contract law, competition law, and trade law. The course is offered by the Tilburg Law and Economics Center (TILEC), a Center of Excellence at Tilburg University, globally renowned for its research on the governance of economic activity.

Fee info
EUR 990: Registration completed by May 1: EUR 790Registration completed after May 1: EUR 990

Tilburg University
Address: International Office, PO Box 90153 International Office P 2.219
Postal code: 5000LE
City: Tilburg
Country: Netherlands
Website: http://tilburguniversity.nl/summerschool
E-mail: summerschool@tilburguniversity.nl
Phone: 0031134663743 (or 8911)