PETIT Nicolas - Law & Economics of EU Law (25h)

Professor: N. PETIT

The purpose of this course is to give students a first economic understanding of EU law. To that end, the course asks a simple question: can economic theory explain what EU law is today, what it does, and how it developed? That question requires to undertake three possible types of investigations: can we find economic explanations behind EU law (law and economics of EU law), can we study the economic consequences of EU law (economic analysis of EU law), and is it possible to determine the economic
power structure that underpins EU law (political economy of EU law)?
To study the law and economics, economic analysis, and political economy of EU law, the course will leverage broad array of economic theories, including the theory of economic federalism, regulatory competition, ordoliberalism, neoliberalism, transaction costs economics, and so on. The course will also cover a spectrum of EU policies: Competition law, Economic Regulation, Industrial
Policy, Finance, Banking, Capital, and Money, Environment, Agriculture, Social Protection, and Migration.