Have you ever wondered how we create, access, use and distribute money? What role does credit play in our economic, social and political lives? In this module, you will explore some key concepts and theories underpinning credit and the role it plays in the economy as well as the wider structures of social, political and cultural development. Credit is the lifeblood of capitalism. The law that regulates household and commercial credit is of significant economic and social importance in developed and developing economies. You will study how law facilitates, shapes and determines the flow of credit to households and businesses domestically as well as internationally. You will investigate the rationales that underpin the creation, production and supply of credit. Importantly, you will critically examine and evaluate these rationales taking into consideration principles of social justice and equality. You will critique the mainstream understanding of commercial credit through different approaches including historical, gendered, cultural, and sociological approaches.
Lectures/Seminars 20
Workshop 4
Independent Study 116
Assessment Preparation 60
Written -Extended writing -Short Essay -1,200 words -30%
Written -Extended writing- Extended Essay -2,800 words- 70%
Reassessment methods: Single instrument 100% written assessment ( 2,800 words)
See the library reading list for this module (Canterbury)
On successfully completing the module, you will be able to:
1. Critically evaluate the legal, economic and social role of commercial credit in the economy.
2. Critically appraise the politics of commercial credit and the assumptions underlying international initiatives to promote credit markets.
3. Apply an independence of mind in undertaking critical, independent and interdisciplinary research on commercial credit and the law.
4. Critically apply normative principles and draw on other disciplines to evaluate and critique commercial law.
5. Critically examine the legal forms relating to commercial credit which arise and operate within complex historical and political conditions.
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