Course 2024-2025

Economic Law [ECGEB232]

  • 5 credits
  • 45h+15h
  • 2nd quarter
Language of instruction: French / Français

Learning outcomes

At the end of the course, the student should be able to:
 
- define, understand and mobilise the legal concepts that shape Economic Law;
 
- explain the aims pursued by the legal rules seen during the lecture and during the practical work sessions;
 
- propose, with regard to a concrete case, a legal solution based on correctly named and precisely identified legal provisions;
 
- read, understand and comment on a court decision dealing with a legal issue seen in the lecture or in the practical sessions;
 
- demonstrate a critical and reflective mind by mobilising the rules that govern Economic law in the light of current technological, societal, economic and political changes.
 
The student must also be able to :
 
- show discernment when faced with a legal rule or a caselaw solution;
 
- construct a legal reasoning in the face of a problem;
 
- communicate precise and intelligible legal reasoning in writing;
 
- demonstrate rigour in the study of a subject (in this case, Economic Law) and in the analysis of a problem;
 
- demonstrate autonomy in the implementation of the tools leading to the success;
 
- reflect on the environmental and social impacts of the legal standards that govern the economy.
 

Objectives

The objective of the course is to enable tomorrow's economists and managers to master legal vocabulary, to understand the legal rules governing economic activity and their ratio legis, and to identify and apply the main legal rules to a given situation, while enabling them to develop a critical sense in the light of current events. 

Particular attention is paid to sustainable development and transition, according to its various components (planet, people, prosperity, peace, partnership). In particular, the course contributes to achieving Sustainable Development Goals 3 (health), 8 (sustainable economic growth), 10 (reduced inequality), 12 (responsible consumption and production), 16 (peace, justice and effective institutions).

 

Content

The subject matter is grouped into three different areas:
I.    Elements of Contract Law
II.    Elements of Business Law
III.    Elements of Corporate Law

 

Table of contents

 
  • PART 1. ELEMENTS OF CONTRACT LAW (+ 1 TP) 
I. General principles of contract law
 
1. Guiding principles of contract law
 
2. Classification of contracts
 
II. The formation of the contract
 
1. Dynamic approach
 
2. Static approach
 
III. The life of the contract
 
1. The execution of the contract
 
2. Interpretation of the contract
 
IV. Breach of contract
 
1. Without contractual clause
 
2. With contractual clause
 
V. Examples of some special contracts 
 
 
  • PART 2. ELEMENTS OF BUSINESS LAW (+ 1 TP) 
Subpart 1. Private business law
 
I. General theory of business law
 
1. The sources of business law
 
2. The principles of business law
 
3. The notion of enterprise
 
4. The rules governing the company
 
II. Market practices and consumer protection
 
1. The advertising regime
 
2. Contracts concluded with consumers (B2C)
 
3. Framework for e-contracts 
 
III. Some of the company's contracts
 
1. The concession contract
 
2. The franchise contract
 
 
 
Subpart 2. Public business law
 
IV. Protection of fundamental rights
 
1. The protection of whistleblowers
 
2. The data protection
 
 
  • PART 3. ELEMENTS OF CORPORATE LAW (+ 1 TP) 
I. General principles of corporate law
 
1. The sources of corporate law
 
2. The concept of company
 
3. Legal personality
 
4. The incorporation of a company
 
5. Dissolution of the company
 
II. General rules relating to unlimited liability companies
 
III. General rules relating to limited liability companies
 
 
 
N.B.: The table of contents may be amended slightly to reflect current political or legislative developments.


 

 

Exercises description

There are three practical exercises, relating to the three parts of the course (contract law, business law and corporate law).
 
Participation in the practical exercises is free but highly recommended in order to maximise the chances of passing with success the Economic Law exam, which includes a casus to be solved and a court decision to be analysed. 

Teaching methods

Learning is based on three pillars:
 
i. a lecturing in the classroom or, where appropriate, online (PowerPoint presentation with audio recording); 
 
ii. a teaching support, consisting of PowerPoint slides (Amanote version),caselaw and models of legal acts;
 
iii. interactive practical work (e.g. resolution of cases, drafting of contractual clauses, etc.) in the classroom or, where appropriate, with distance tools.
 
If the theme is appropriate, the lecture will include the analysis of caselaw or contractual clauses. 

Evaluations

The examination takes the form of a written examination with four types of questions:
 
i. Tests (True or False, MCQ)
 
ii. Resolution of a case 
 
iii. Commentary on a court decision 
 
iv. Transversal issue selected from a list of questions published in advance on WebCampus and drawn up on the basis of questions proposed by students in accordance with the instructions and timetable communicated by the teacher.
 

Recommended readings

The course material consists of PowerPoint slides (Amanote version), caselaw and legal acts available on the WebCampus platform. Pay attention that PowerPoint slides are not a substitute for taking notes or attending class.
 

Language of instruction

French / Français

Location for course

NAMUR

Organizer

Faculté des sciences économiques, sociales et de gestion
Rue de Bruxelles, 61
5000 NAMUR

Degree of Reference

Undergraduate Degree