Regulatory Theory and Practice

Module code: LAW7035-B

This module will provide a theoretical underpinning to enable you to deconstruct the various forms of regulatory theory within a legal context. Three key questions will be initially discussed to enable a broad foundation to be established: (1) Is regulation necessary at all? (2) What approach to regulation should be adopted? and (3) What should the regulatory architecture be comprised of. From these deceptively simple questions a number of key themes will be explored including but not limited to the approaches based on risk, better, public choice, public interest and responsive based regulation. This module aims to provide an understanding of the legal challenges and the key issues regarding the theory and practice of regulation. Students will develop a critical understanding of the regulatory approaches and frameworks in which disputes are resolved. Download the PDF for LAW7035-B_2023_4.pdf