Law in Business and Economics

Objectives

The aim of the Course is to introduce students to simple concepts of Law. This, in order for students to master the basic structure of legal thinking in the Western Legal Tradition. Moreover, it lays the groundwork for another course in Law offered at the School, European Law in Course 1402. The Aims of the Course are to make students familiar with (English) Legal Terminology in order to allow them to address the literature; to decompose daily occurrences as legal relationships; to contrast Law and Morality; to identify the basic steps of Legal Design in State Building; to compare purposes of Property and Liability rules and to finally address the issue of Incentives and Legal Paternalism and its effects on the Economy.


General characterization

Code

1464

Credits

3.5

Responsible teacher

Leonor Rossi

Hours

Weekly - Available soon

Total - Available soon

Teaching language

Portuguese and English

Prerequisites

n/a

Bibliography

Law a Very Short Introduction , R WACKS, Oxford University Press

Handbook on Economic Analysis of Law , S SHAVELL, Harvard, Belknap» Ch: The Economics of Litigation,

Law's Order, What Economics has to do With Law and Why it Matters , D FRIEDMAN, Princeton. Ch Defining and Enforcing Rights, Property, Liability and Spaghetti, Ch Mine Thine and Ours, the Economcs of Property Law, Ch The Economcs of Contract

W SHAKESPEARE The Merchant of Venice , Oxford Student Companion 


Teaching method

Students attend 12 weeks of Lectures that are divided into 8 main Topics (see Course Content), and the Last week is devoted to the analysis of Shakespeare's the Merchant of Venice: work of literature in which all 8 main topics are present: the point being to a) recognize and to b) discuss each of the 8 topics as portrayed in the play.

Evaluation method

Mid term Test = 30%

Final exam = 70%

There is a cutt-off mark of 6/14 in the final Exam. Furthermore Mid term mark is held constant in both calls of Final Exam. 


Subject matter

  • 1. Introduction to: The future of the Law.

  • 2. Persons: Human Beings and Collective Entities (the State and Undertakings).

  • 3. History of the Law in the Western Legal Tradition.

  • 4. The Content of legal Relationships: Rights and Duties.

  • 5. The Object of Legal Relationships.

  • 6. Enforcement.

  • 7. The Political System in the Constitution.

  • 8.  Property.

  • 9. Contract.

  • 10. The General Data Protection Regulation..

  • 11. Putting Everything Together: Legal Issues in "The Merchant of Venice".