LLM Law and Economics 2012

Queen Mary, University of London LLM (Master of Laws) Law and Economics – new for September 2012

www.ccls.qmul.ac.uk www.econ.qmul.ac.uk

Welcome

Welcome to the Centre for Commercial Law Studies (CCLS) and the School of Economics and Finance at Queen Mary, University of London and our new specialist Master of Law programme, the LLM in Law and Economics.

This unique LLM will offer a rigorous training in theoretical and applied economic analysis as a means of analysing law and the legal framework. The interdisciplinary character of the programme makes it ideal for those working or planning a career in legal or economic fields within academia, the public sector, international institutions, the financial or legal industries, or management consulting.

The LLM brings together two highly respected schools of Queen Mary, University of London, which are both ranked within the top 10 of their respective fields in the UK. Expertise from CCLS ensures that the programme offers in-depth expertise in a wide range of commercial law fields, while the School of Economics and Finance provides extensive knowledge of applied economics.This challenging new programme will provide students with the theoretical tools to master two different, albeit related disciplines.

We look forward to welcoming you to Queen Mary and hope that your time with us will be both rewarding and enjoyable.

Dr Rodrigo Olivares-Caminal Co-Course Director

Bursaries available If you wish to study full-time on the LLM in Law and Economics, you will also be able to apply for one of two bursaries specifically created for the course, and designed to reward outstanding applicants:

1x ÂŁ7,500 bursary for a non-Home/EU student 1x ÂŁ5,000 bursary for a Home/EU student For full details about how to apply for the bursary and deadlines, visit:

www.law.qmul.ac.uk/postgraduate/funding/llmlaweconomicsbursary 2 Queen Mary, University of London

Contents

Welcome and bursaries

Why study this programme?

Programme overview

Jurisprudence pathway

Economics pathway

Option modules

Essential information

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• Centre for Commercial Law Studies (CCLS) • The School of Economics and Finance • Where will your classes be taught?

• Part-time study • Assessment • Entry requirements • English language requirements • English language support • Tuition fees for 2012/13 • How to apply • Contact us

Centre for Commercial Law Studies 3

Why study this programme?

Programme overview

You will develop a solid grounding in legal theory and modern economics, enabling you to conduct, assess, and supervise theoretical and applied research in the field.

Duration: one year full-time/two years part-time

If you perform well on the programme you will be encouraged to apply for a joint doctoral study in the School of Economics and Finance and the Centre for Commercial Law Studies.

The programme will also include a number of practical and knowledge transfer components that will help you to develop your career outside of academia. You will, for example, have the opportunity to take part in an academic yearlong Investment Club, gaining hands-on experience in trading and portfolio analysis alongside your studies.

For more information on the Investment Club, visit: www.econ.qmul.ac.uk/postgraduate/mscprogrammes/msc-investment-club

Start date: September Delivery: Taught through a mix of classroom-based teaching and assessed by formal examinations and/or coursework.

Structure: • An introductory pre-sessional course in mathematics and statistics (optional) • Two compulsory taught modules which lay a foundation in law and economic theories • One law option module (full) • Three economics option modules (half) • A 15,000 word dissertation You must take a total of 180 credits to include the dissertation and the remaining 135 credits to be selected from both law and economics modules.

Pathways The LLM is a single programme offering two sublevel pathways: • Jurisprudence – for those with a legal background or with an undergraduate degree in law • Economics – for those with an economics/finance background or with an undergraduate degree in economics or finance.

The pathway structure draws on the specialisations and strengths of the Law and Economics departments, while the foundation courses ensure that you will have a thorough grounding in both fields, whatever your academic or professional background. This structure establishes an integrated programme that provides broad-based instruction in law and economics, developing valuable cross-disciplinary knowledge.

4 Queen Mary, University of London

Jurisprudence pathway

Economics pathway

• Pre-sessional course in mathematics and statistics (optional)

• Pre-sessional course in mathematics and statistics (optional)

Compulsory modules

Compulsory modules

• Law and Economics I (lawyers) – 22.5 credits

• Law and Economics I (economists) – 22.5 credits

• Law and Economics II – 22.5 credits

• Law and Economics II – 22.5 credits

• Dissertation – 45 credits

• Dissertation – 45 credits

Option modules

Option modules

• 3x economics half modules – (15 credits each)

• 3x economics half modules – (15 credits each)

• 1x law full module – 45 credits

• 1x law full module – 45 credits

Centre for Commercial Law Studies 5

Option modules

The options offered in a particular year will be drawn from the following list. This list is representative, not exhaustive, and not all options will be available every year. For full module descriptions, visit: www.law.qmul.ac.uk/postgraduate/llmlaweconomics

• QLLM036 Global Policy and Economics of Intellectual Property Law

• Dissertation

• QLLM045 International and Comparative Law of Copyright and Related Rights

• ECOM001 Macroeconomics A • ECOM002 Microeconomics A • ECOM003 Econometrics A • ECOM009 Macroeconomics B • ECOM010 Microeconomics B • ECOM027 Labour Economics • ECOM032 Econometrics B • ECOM035 International Finance • ECOM036 Mathematics for Economists • ECOM038 Behavioural Finance • ECOM053 Quantitative Methods in Finance • ECOM056 Empirical Macro Economics • Law and Economics I (for economists) • Law and Economics I (for lawyers) • Law and Economics II • Optional Mathematics and Statistics • QLLM 048 International and Comparative Law of Trademarks, Design and Unfair Competition • QLLM007 Banking Law • QLLM010 Communications Law • QLLM017 Computer Law • QLLM025 E-commerce Law • QLLM028 EU Financial Law

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• QLLM040 Intellectual Property • QLLM043 International and Comparative Commercial Arbitration

• QLLM046 International and Comparative Law of Patents, Trade Secrets and Related Rights • QLLM054 International Economic Law • QLLM062 International Tax Law I • QLLM063 International Tax Law II • QLLM069 Law of Finance and Foreign Investment in Emerging Economies • QLLM073 Legal Aspects of International Finance • QLLM082 Regulation of Financial Markets • QLLM085 Securities Regulation • QLLM105 Cyberspace Law • QLLM121 International Trade and Intellectual Property Law • QLLM126 Financial Models and Derivatives in a Legal Context

Pre-sessional course in mathematics and statistics (optional) If you want to review concepts such as statistical distributions and matrix algebra, you will have the option to attend modules during induction week (week zero) and week one of the first term within the School of Economics and Finance. You will also be presented with basic statistics and statistical software during the first term.

Essential information

Centre for Commercial Law Studies (CCLS)

Assessment

Based in Lincoln's Inn Fields in Holborn, CCLS was the first centre of its kind in the UK, designed to develop a body of knowledge and skills in the areas of arbitration, commercial and corporate law, computer and communications law, intellectual property, media law and tax law. CCLS staff advise and act as consultants to national and international governments, the UN, the World Bank, the European Commission, the European Central Bank, legal regulatory authorities and businesses. For more information, visit: www.ccls.qmul.ac.uk/people

In addition to the dissertation, each taught halfmodule will be assessed by a two-hour unseen written examination and each taught full-module by a three-hour unseen written examination.

The School of Economics and Finance Based at the main Queen Mary campus in Mile End, close to Canary Wharf and the City, our expertise covers three key areas: economic theory, econometrics and finance, and applied economics.

We regularly publish the results of our research in leading economic journals and act as consultants to major institutions, including the Bank of England.

For more information about our staff, visit: www.econ.qmul.ac.uk/people

Where will your classes be taught?

Entry requirements A 2.1 honours degree in law or economics or overseas equivalent and/or relevant professional qualification and/or experience.

English language requirements Non-native English speakers are required to have minimum of IELTS 7 or equivalent. For more information on our language requirements, visit www.qmul.ac.uk/international/ englishlanguagerequirements

English language support Queen Mary offers non-native English speakers a range of pre-sessional and in-sessional English language courses to support you with your English.

Find out more: www.qmul.ac.uk/international

Tuition fees for 2012/13 Full time: £9,500 Home/EU; £15,000 non-Home/EU Part time: £4,750 Home/EU; £7,500 non-Home/EU

Most law classes are held at CCLS’s home in Lincoln's Inn Fields, although some classes take place at the Institute of Advanced Legal Studies or Senate House, both in Russell Square, and also at Queen Mary’s Charterhouse Square campus. Economics classes are held at the main campus in Mile End.

Note: At the time of going to press these fees had not been confirmed. For up-to-date information, visit, www.qmul.ac.uk/postgraduate/tuitionfees

Part-time study

Apply online at: www.ccls.qmul.ac.uk/courses/ llmlaweconomics/index.html#Howtoapply

If you are considering part-time study, please be aware that lectures take place during the day as well as in the evening.

How to apply

Contact us Programme administrator Email: llm-economics@qmul.ac.uk Co-Course Director Dr Rodrigo Olivares-Caminal Email: r.olivares-caminal@qmul.ac.uk Centre for Commercial Law Studies 7

Centre for Commercial Law Studies Queen Mary, University of London 67-69 Lincoln's Inn Fields London WC2A 3JB Tel: +44 (0)20 7882 8100 Fax: +44 (0)20 7882 8101 www.ccls.qmul.ac.uk School of Economics and Finance Queen Mary, University of London Mile End Road London E1 4NS Tel: +44 (0)20 7882 7356 Fax: +44 (0)20 8983 3580 www.econ.qmul.ac.uk

This publication has been produced by Creative Services for Law and Finance - Pub9049 Any section of this publication is available upon request in accessible formats (large print, audio, etc.). For further information and assistance, please contact: Diversity Specialist, hr-equality@qmul.ac.uk, 020 7882 5585