The European Master in Law and Economics (EMLE) is a joint programme organized by the EMLE Consortium, of which seven European universities and two non-European university are full members. The EMLE Programme was recognized by the European Commission as an Erasmus Mundus Masters Course in September 2004. In July 2009 the programme has been selected by the Commission as an Erasmus Mundus programme (EM II) for the second time.

The programme covers one academic year. The courses start in the beginning of October and end in July. The academic year is subdivided into three terms. In the first term, courses are offered in Bologna, Hamburg and Rotterdam. In the second term students will study in Bologna, Ghent or Hamburg. In the third term there is a wide gamut of courses and thesis topics to choose from. Students can spend their third term in Aix-en-Provence, Haifa, Hamburg, Mumbai, Rotterdam, Vienna or Warsaw.

In order to make law students familiar with basic economic reasoning, some courses are more economic in orientation. Other courses deal with comparative law in order to internationalize the legal background of the students. Most courses are devoted to the economic analysis of the most important branches of private, public and European law. The references to law in the courses will be of a comparative kind, due to the all-European character of the programme and the international composition of the audience. Students will be confronted with examples of their own and other legal systems.