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Course Name Regulatory Theory
Course Code LAW 6561
Course Credits 6.0
Pre/Anti-requisites
Course Description

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.

Upcoming Offerings

Not currently scheduled

Specialization Energy and Infrastructure Law
Status Core
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 cpd@osgoode.yorku.ca
NCA Status N/A

All courses and schedules are subject to change.