The University of Basel, established in 1460, offers the intellectually rigorous course “Fundamentals of Law and Economics.” This program is designed for students who want to move beyond the “what” of the law to understand the “why”—using economic logic to analyze how legal rules influence human behavior. Set in the global banking and pharmaceutical hub of Basel, the course provides a cross-jurisdictional perspective, comparing legal systems in the United States, the UK, Germany, and Switzerland. While the university provides the elite academic instruction, world-class research facilities, and official academic credits, Edulux Summer manages the high-end logistics and travel services required for your stay in this cultural capital.
What You’ll Learn (at University of Basel)
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The Economic Analysis of Law: Investigating how concepts like efficiency, incentives, and externalities can be used to predict the impact of legal regulations.
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The Coase Theorem: A deep dive into the foundational principle of law and economics regarding property rights, transaction costs, and bargaining.
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Accident & Tort Law: Analyzing the economic incentives for “optimal care” and how liability rules (Negligence vs. Strict Liability) distribute the costs of accidents.
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Contract Law & Theory: Exploring the economic functions of contracts and how legal systems address “incomplete contracts” and opportunistic behavior.
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Property Rights & Regulation: Investigating the economic justification for private property and the legal mechanisms used to protect intellectual and physical assets.
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Economics of Criminal Law: Utilizing the “Rational Choice” model to analyze criminal behavior, deterrence strategies, and the optimal level of law enforcement.
Our Travel & Experience Services
We manage the journey and the experience so you can focus on the logic of the law:
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Rhine River & Cultural Tours: Curated excursions to the Kunstmuseum Basel, the historic Old Town (Altstadt), and private boat tours along the Rhine where Switzerland, France, and Germany meet.
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Ticketing & Flights: Full management of your round-trip airfare and international travel itinerary into EuroAirport Basel-Mulhouse-Freiburg (BSL) or Zurich (ZRH).
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Guaranteed Housing: Vetted boutique living arrangements or high-end student residences within Basel’s “Grossbasel” district, known for its safety and architectural beauty.
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Visa & Insurance: Professional guidance on Swiss/Schengen entry requirements and comprehensive travel health coverage for the duration of the program.
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Local Transfers: Seamless arrival pickup via private car and support for all official off-campus academic, legal, and institutional site visits.