LL4AU      Half Unit
Regulation: Legal and Political Aspects

This information is for the 2016/17 session.

Teacher responsible

Prof Gordon Baldwin NAB7.08


This course is available on the MSc in Law and Accounting, MSc in Public Administration and Government (LSE and Peking University), MSc in Public Management and Governance, MSc in Public Policy and Administration, Master of Laws and Master of Laws (extended part-time study). This course is available with permission as an outside option to students on other programmes where regulations permit.

This course is NOT available for students of the MSc Regulation programme.

This course will be relevant to the following LLM specialisms: Banking Law and Financial Regulation; Corporate and/or Commercial Law; Criminology and Criminal Justice; Information Technology, Media and Communications Law; Intellectual Property Law; Legal Theory; and Public Law.

 This course is capped at 30 students. Students must apply through Graduate Course Choice on LSE for You.


Students must be taking Regulation: Strategies and Enforcement (LL4AT) concurrently with this course.

Course content

The course aims to give students an essential grounding in theories of regulation as these relate to the evaluation of regulatory regimes and the challenges of accounting for regulatory practice. Different ways of understanding regulatory developments will be discussed as will the set of challenges that arise when regulation is carried out by numbers of regulators at different levels of government. Topics dealt with will include: • What is Good Regulation? • Accountability & Regulation • Regulation and Cost Benefit Analysis • The Better Regulation Movement • Self-Regulation • Rules, Standards and Principles • Regulatory Competition • Regulatory Networks • Lenses for Viewing Regulation • The Future of Regulation


20 hours of seminars in the MT. 2 hours of seminars in the ST.

Formative coursework

One 2,000 word essay.

Indicative reading

R Baldwin, M Cave and M. Lodge, Understanding Regulation 2nd ed.(OUP, 2012); R. Baldwin, M. Cave and M. Lodge (ed.) Oxford Handbook on Regulation (OUP, 2010) R Baldwin, C Hood & C Scott, Socio-Legal Reader on Regulation (OUP, 1998); Responsive Regulation: Transcending the Deregulation Debate by Ian Ayres and John Braithwaite (OUP, 1992). B. Morgan and K. Yeung (2007,) An Introduction to Law and Regulation (Cambridge University Press, 2007); J. Jordana and D. Levi-Faur (2004/eds), The Politics of Regulation (Edward Elgar, 2004) A Ogus, Regulation (OUP, 1994); R Baldwin, Rules and Government (OUP, 1995); I Ayres & J Braithwaite, Responsive Regulation (OUP, 1992).


Exam (100%, duration: 2 hours, reading time: 15 minutes) in the main exam period.

Key facts

Department: Law

Total students 2015/16: 13

Average class size 2015/16: 13

Controlled access 2015/16: Yes

Value: Half Unit

Guidelines for interpreting course guide information

Personal development skills

  • Communication
  • Specialist skills