The rapid improvement of the relationship between law and economics brought multidisciplinary studies into the centre of 21st century legal education and practice. In today’s world, where interaction between law and economics has become clearer under the light of the developments in relation to globalisation, the need for experts, who not only know the legal framework of market economy well, but also can comprehend the economic effects of legal rules and analyze the economic sides of different legal regimes, is growing. In order to meet this need, it is important to train university degree holders in economics as well as law.

Recent and rapid approximation of the objectives of law and economics that had been considered totally diverse academic fields for many years indicates some important points about the relationship between law and economics. Investors require experts, who can interpret the legal rules by taking economic points of view into consideration and comment on a certain economic behaviour in the contexts of different legal systems, rather than standard legal consultancy. Competition Law and the Law of Economic Regulation are the most significant ones of the law fields prominent regarding this perspective.

Main purpose of the LLM Programme of Bilkent Law Faculty is to provide students with expertise on the legal framework of market economy as well as in the fields of Competition Law and Economic Regulation and with ability to adopt the interaction between law and economics in modern practice of these disciplines.