Economic Law

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E-mail : apply@acasc.cn

  • Application Deadline:2018/04/06
  • Tuition:¥40000.00
  • Application Fee:¥800.00
  • Service Fee:¥0.00
School Information

The Shanghai University of Finance and Economics (SUFE), founded in 1917, is a top-ranked, world-renowned research university. As the oldest financial university in China, SUFE has developed its own spirit over the years. SUFE places much emphasis on bein

Find more information on the university website
How To Apply

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1. Click “Apply Now” button at the top of the page.

2. Fill in online application form.

3. Upload required documents.

4. Pay the application fee and the ACASC service fee

5. Click “Submit” button.

Important notice: In order to apply, you need to create an account with ACASC.

Law is a systemof rules that are created and enforced through social or governmental institutions to regulate behavior. Law as a system helps regulate and ensure that a community show respect, and equality amongst themselves. State-enforced laws can be made by a collective legislature or by a single legislator, resulting in statutes, by the executive through decreesand regulations, or established by judges through precedent, normally in common law jurisdictions.

Private individuals can create legally binding contracts, including arbitration agreements that may elect to accept alternative arbitration to the normal court process. The formation of laws themselves may be influenced by a constitution, written or tacit, and the rights encoded therein. The law shapes politics, economics, history and society in various ways and serves as a mediator of relations between people.

A general distinction can be made between;

(a) civil law jurisdictions(including Catholic canon law and socialist law), in which the legislature or other central body codifies and consolidates their laws, and

(b) common lawsystems, where judge-made precedent is accepted as bindinglaw. Historically, religious laws played a significant role even in settling of secular matters, which is still the case in some religious communities, particularly Jewish, and some countries, particularly Islamic. IslamicSharia law is the world's most widely used religious law.

The adjudication of the law is generally divided into two main areas referred to as;

(i) Criminal law and

(ii) Civil law. Criminal law deals with conduct that is considered harmful to social order and in which the guiltyparty may be imprisoned or fined. Civil law (not to be confused with civil law jurisdictions above) deals with the resolution of lawsuits(disputes) between individuals or organizations.

Law provides a rich source of scholarly inquiry into legal history, philosophy, economic analysis and sociology. Law also raises important and complex issues concerning equality, fairness, andjustice.



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