|Course Name||Regulatory Theory|
|Course Code||LAW 6561|
This course addresses two basic questions: What is regulation; and why do we do it? Both of these questions will be critically analysed from three perspectives: legal, economic and political. From the legal lens, we will examine regulators as a creature of statute, exercising executive (not judicial) authority; the process of regulatory decision making; adjudication and policy making (rules and codes); and judicial oversight of and deference towards regulatory bodies. From the economic perspective, we will focus on market failure as the need for and extent of regulation; regulation as a form of public finance; and Regulatory agencies and the "capture" theory. From the political perspective, we will hone in on the challenge of defining regulation and its forms; the creation of the "regulatory state"; and the creation and oversight of quasi-independent agencies and their policy instruments.
Not currently scheduled
|Specialization||Energy and Infrastructure Law|
|CPD Hours||Eligible CPD Hours: LSUC (ON): 36.0 Substantive Professional LLM courses may be eligible for CPD/MCLE credits in other Canadian jurisdictions. To inquire about credit eligibility, please email firstname.lastname@example.org|
All courses and schedules are subject to change.