Law and Economics LLB/BA
Study of how legal systems and economic policies shape society - combining the principles of law, business, and finance to understand how rules and markets interact.
Is this for you?
This degree could suit you if you:
Are interested in law and economics
Enjoy analysing systems and markets
Want a career in finance or law
Like problem-solving
Are analytical
Popular Career Fields
Law & Legal Services
Finance & Banking
Government & Public Sector
Consulting
Your Personality Might Be:
Analytically strong
Finance & Banking
Logical thinker
Policy-aware
What is it?
What Is a Law and Economics Degree?
Law and Economics explores how legal frameworks influence economic behaviour, trade, and public policy. You’ll learn about contracts, regulation, taxation, and competition, while developing a deep understanding of how laws shape markets and protect people and organisations.
Why Study Law and Economics?
This degree is ideal if you enjoy analysing how societies make decisions about money, justice, and policy. It suits students who are strong in reasoning and analysis and want careers in law, government, or finance.
Course Summary
Study of how legal systems and economic policies shape society - combining the principles of law, business, and finance to understand how rules and markets interact.
What you'll study
Most Law and Economics degrees cover:
Contract, company, and commercial law
Microeconomics and macroeconomics
Public and international law
Economic theory and policy
Competition and regulation
Law and finance
Quantitative and research methods
Later in your course, you can often specialise - for example, in environmental economics, international trade law, or financial regulation.
Degree Type
LLB (Bachelor of Laws): Focuses on legal systems with economic applications and may qualify you for solicitor or barrister training.
BA (Bachelor of Arts): Focuses on economic theory and policy with a strong legal foundation.
Skills You'll Gain
A Law and Economics degree helps you build strong analytical and professional skills, which might include:
Economic Analysis – applying micro- and macro-economic principles to legal and policy issues.
Legal Reasoning – interpreting statutes, cases, and regulations in commercial and economic contexts.
Quantitative & Analytical Skills – using data and economic models to evaluate legal outcomes.
Commercial Awareness – understanding markets, incentives, competition, and regulatory impacts.
Critical Evaluation – assessing policies, legal frameworks, and economic arguments with evidence-based reasoning.
Pathways, Placements and Work Experience
CAREERS
Career Pathways
Law and Economics graduates are highly valued for their analytical and problem-solving abilities and work across many sectors, including:
Corporate and commercial law
Financial services and banking
Government and public policy
Economic consultancy and research
International trade and regulation
Work Experiences & Placements
Many universities offer:
Placements or sandwich years with law firms, financial institutions, government departments, or think tanks.
Research opportunities on economic policy or legal reform projects.
These placements help you gain practical experience and develop professional insight into how law and economics shape public life and business.
Salary Profile
Coming soon
Qualifications, Personal Satement, What to do Next?
AM I ELIGIBLE?
Entry Requirements
A-levels or equivalent. Most universities prefer at least one essay-based subject. Economics, Maths, History, English, Politics, or Law are beneficial.
Personal Statement Tips
Show your interest in both legal systems and economics.
Mention relevant subjects like Economics, Business, or Politics.
Reflect on how law influences markets, trade, and fairness.
Include examples such as debating, research projects, or entrepreneurship.
What to do Next
Compare courses to see whether they focus more on economics, law, or policy.
Attend open days or virtual sessions to explore teaching and placement options.
Follow current affairs, business news, and legal developments.
Volunteer or intern in business, legal, or government settings.
Wider Reading
Freakonomics by Steven D. Levitt and Stephen J. Dubner – An entertaining look at economics and human behaviour.
The Rule of Law by Tom Bingham – A clear guide to how law underpins fairness and stability.
Thinking, Fast and Slow by Daniel Kahneman – How people make decisions and what that means for policy.
Capitalism and Freedom by Milton Friedman – Classic ideas on economics and individual rights.