Law/Business Economics

Law combined with business economics is a degree that connects the formal framework within which commercial activity is regulated with the economic principles that explain why business decisions are made the way they are. Law develops the skills of legal analysis: reading statutes and cases carefully, identifying the relevant principles, applying them to new situations, and communicating the results with precision. Business economics examines the resource allocation decisions that firms make and the competitive and regulatory environments in which they operate, drawing on microeconomic theory, industrial organisation and real-world case studies to build practical understanding of modern commercial life.

At the University of Glasgow you will study law and business economics over four years of full-time study, with a year abroad built into the programme that allows you to study in a different legal and economic context, broadening your comparative understanding. The law component of the degree covers the core subjects of Scots law and its relationship to the broader Common Law tradition, developing rigorous analytical skills and detailed doctrinal knowledge. The business economics strand develops your understanding of how firms operate in markets and how economic reasoning can inform commercial strategy and policy analysis.

The typical tariff of 232 reflects the combined academic demands of two exacting disciplines at one of the UK's leading universities.

Graduates are well placed for careers in legal practice, commercial law, corporate finance, management consulting, regulatory affairs, competition policy and a wide range of analytically demanding roles in business and the public sector. For those who wish to qualify as solicitors or advocates, the law degree provides the foundation for subsequent professional training. Others apply the combination of legal and economic reasoning in roles in banking, investment, policy, international trade law and compliance.

Many graduates go on to postgraduate study in law, economics, business or public policy, using the dual expertise developed in the degree as a platform for specialist or advanced study.