Contents - General Outline

The course "European Law and Economics"

• = Wahlfach Kurs I - Europäisches Wirtschaftsrecht (Elective Course I - European Economic Law) and
• = Course I - European and International Economic Law (BBE), respectively

covers both legal and economic aspects of European integration. Therein it corresponds to the increasingly pluri- and interdisciplinary requirements of the present business world.

In particular, the course will deal with the following subjects:
- The European Union – “a snapshot”
- Key European Law Principles (main focus),
- The Institutional Framework of the EU (main focus),
- The Decision Making Process at the European Level (main focus),
- Introduction to the European Single Market,
- Introduction to the European Monetary Union (EMU).

While it is possible (and perfectly fine) to attend this course on its own, participants may also wish to attend the course (# 5336) “Advanced Issues of European Business Law“ [= Wahlfach Kurs II - Europäisches Wirtschaftsrecht (Elective Course II - European Economic Law) and Course II - European and International Economic Law (BBE), respectively]. Taken together, both courses form the elective subject “European Economic Law” (for students of the Bachelor Program in Business, Economics and Social Science) or the specialization “European and International Economic Law” (for students of the Bachelor Program in Business and Economics). Please note: It is possible to attend both courses in the same semester!

What is an elective subject?
Students of the Bachelor Program in Business, Economics and Social Science have to choose out of several "elective subjects" with "European Economic Law" being one of them.

What is a specialization?
Students of the Bachelor Program in Business and Economics (BBE) choose from a variety of specializations in phase 3 of the bachelor’s program. BBE students have to complete specializations totalling 40 ECTS credits. The specialization “European Economic Law” is worth 10 ECTS credits in total (i.e. in order to complete the specialization students must attend the courses “European Law and Economics” and “Advanced Issues of European Business Law”). For further information on how to choose and combine your specializations, please visit the university’s website on specializations.

It is assumed that in-person teaching at WU will be possible at the time the course takes place. If not, MS Teams sessions would be organized instead (and are therefore mentioned in brackets in the following text, please ignore if not applicable). The aforementioned MS Teams online sessions would be shorter, but would still take place the same day as the envisaged in-person meetings. The precise timing of the MS Teams online sessions would be communicated on a separate basis.

Participation in [the MS Teams online] sessions is mandatory.

Despite this general rule and with the exception of the first [MS Teams online] session, missing three hours in total is possible without any explanation. Further absences, however, only on an exceptional basis and for serious and stated reasons. A foreseeable absence (which would imply a total absence of more than three hours) must be discussed and agreed in advance. In any case, reasons for an absence (which would imply a total absence of more than three hours) must be announced as soon as possible. Participation in the first [MS Teams online] session is necessary. If you cannot participate in the first [online] meeting it is required to get in touch with K. Forgó asap.

Assumption: in-person teaching at WU is possible

The grade is based on the overall performance during the entire course, taking into account active participation in class (including the preparation of several case studies/exercises) as well as the final written exam result.

The final grade is calculated as follows:

1. final written exam result: 70 %
2. a group work distributed at the seminar's first meeting, to be prepared at home and presented in class: 20 %
3. other active participation in class (ad hoc analysis of small cases/exercises, contributions to discussions etc.): 10 %. In case of exceptionally good active participation in class additional 10 % (i.e. in total 20 %) might be achieved (to compensate for deficiencies in the area of 1. and 2. (see above) where applicable).

In case you wish to see your corrected exam pls. contact katrin.forgo@gmx.net preferably within two weeks after the publication of the (provisional) final grade.

Grading scale:
100-85 % (points) .... Sehr gut/very good/1; 84-75 % (points) .... Gut/good/2; 74-61 % (points) .... Befriedigend/satisfactory/3; 60-50 % (points) .... Genügend/sufficient/4; <50 % (points) .... Nicht genügend/not sufficient/5

Required reading (to be done before session 2):
-> The following pages of the ABC of EU Law (introduction to EU law, available online):
p. 11-79
p. 89-92
p. 98-105
p. 111-115
p. 133-145

All slides and additional material relevant to the course will be made available to students in due time.