Economics and Business Law

Tutors
Prof. Laura Maxim, PhD.
Prof. Cristian Popescu, PhD.

Curriculum

General Objectives:

• Train specialists with solid theoretical and doctrinal knowledge, capable to understand the newest international trends in their field of activity;
• Raise awareness on the need for the legislator to consider the economic costs and benefits when drafting and enforcing legislation.

Specific objectives:

• Train the specific skills and the theoretical and practical knowledge required in the fields of Economics and Law;
• Develop skills, abilities and competencies necessary to accomplish job requirements under the best conditions;
• Acquire solid knowledge of legal structures and their economic effects which will allow the graduate to contribute effectively to increasing the market share and developing the new markets of the company where (s)he will be hired;
• Understand that the expansion of the business sphere in the international environment requires cooperation between economists and legal professionals on a ground that is sufficiently known and understood;
• Develop the skills required for professionals in the fields of economics and law to communicate and work together as a team;
• Build the ability to perform the so-called “regulatory impact analyses” before the new rules are introduced, as recommended by the OECD;
• Develop the ex-ante prediction potential and the ex-post measurement of the economic consequences of legal regulations;
• Understand the functions and effects of legal rules in the process of developing contractual and institutional arrangements;
• Better understand the interaction between the fields of law and economics in order to create the prerequisites for improving the quality of the legal system and, thereby, for increasing law effectiveness.