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Legal Systems & SkillsLearn, Develop, Apply

Legal Systems & Skills: Learn, Develop, Apply (4th edn)

Judith Embley, Peter Goodchild, Catherine Shephard, and Scott Slorach
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date: 01 October 2023

p. 58519. Essential economics and financelocked

p. 58519. Essential economics and financelocked

  • Scott Slorach, Scott SlorachDirector of Learning & Teaching, York Law School, University of York
  • Judith Embley, Judith EmbleyAssociate Professor, University of Law
  • Peter GoodchildPeter Goodchildis Associate Professor and Programme & Student Lead for the GDL and MA Law at the University of Law (Bloomsbury)
  •  and Catherine ShephardCatherine ShephardSenior Lecturer, Manchester Law School, Manchester Metropolitan University

Abstract

This chapter focuses on the economic and financial environment, looking at the basics of economics, financial markets, and the major players within those markets. It examines the fundamentals of money and finance: what money is, how to organise and account for it, and what happens when things go wrong. It also discusses the potential political, social, and economic impact of Brexit.

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