Not available in 2020/21
LL4AU      Half Unit
Regulation: Legal and Political Aspects

This information is for the 2020/21 session.

Teacher responsible

Prof Veerle Heyvaert


This course is available on the LLM (extended part-time), LLM (full-time), MPA in International Development, MPA in Public Policy and Management, MPA in Public and Economic Policy, MPA in Public and Social Policy, MPA in Social Impact, MSc in Law and Accounting, MSc in Public Administration and Government (LSE and Peking University), MSc in Public Policy and Administration and University of Pennsylvania Law School LLM Visiting Students. 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 have taken Regulation: Strategies and Enforcement (LL4AT) .

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 LT. 2 hours of seminars in the ST.

There will be a reading week in week 6.

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 summer exam period.

Important information in response to COVID-19

Please note that during 2020/21 academic year some variation to teaching and learning activities may be required to respond to changes in public health advice and/or to account for the situation of students in attendance on campus and those studying online during the early part of the academic year. For assessment, this may involve changes to mode of delivery and/or the format or weighting of assessments. Changes will only be made if required and students will be notified about any changes to teaching or assessment plans at the earliest opportunity.

Key facts

Department: Law

Total students 2019/20: Unavailable

Average class size 2019/20: Unavailable

Controlled access 2019/20: No

Value: Half Unit

Guidelines for interpreting course guide information

Personal development skills

  • Communication
  • Specialist skills