Global Business Law and Economics

label Diverse autorenew 2025-09-29, 17:01 history_edu Diana Ignat
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? Should firms be held responsible for any failure of the products they sell? Why should cartels be 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 and domestic firms? The course leaders use examples from theory and everyday practice to lead the discussion on those 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, liability 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 giant role game where groups of students play the role of the plaintiff's legal team, the plaintiff's economic expert, the defender's legal team, the defender's economic expert, and the court in a fictitious court case that brings all the covered material to the fore.

Period
14-07-2014 - 25-07-2014 (2 weeks)

Target group
Advanced undergraduates or recent graduates who have already been exposed to management, law, economics, or political science.

Course aim
This course is offered by the Tilburg Law and Economics Center (TILEC), a Center of Excellence at Tilburg University renowned globally for its research on the governance of economic activity. It aims at providing a non-technical introduction to the main legal and economic issues encountered in todays 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, tort liability, competition law, and trade law.



Credits
4.0 ECTS credits

Course fee
EUR 990[Convert to USD]This fee includes the administrative fee, study material as well as the provision of a certificate upon successful completion of the course.

Course leader
Prof. Cdric Argenton, Prof. Panagiotis Delimatsis, Prof. Pierre Larouche

Tilburg University International Office
Address: 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)