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FOURTH GNLU CERTIFICATE COURSE
ON
LAW & ECONOMICS, 2015
FOURTH GNLU CERTIFICATE COURSE
ON
LAW & ECONOMICS, 2015
ORGANIZED BY
GUJARAT NATIONAL LAW UNIVERSITY
LAW & ECONOMICS COMMITTEE
ORGANIZED BY
GUJARAT NATIONAL LAW UNIVERSITY
LAW & ECONOMICS COMMITTEE
GNLULECGujarat National Law University
Law & Economics Committee
MARCH 6-13, 2015
Gujarat National Law University
The field of Law & Economics
About The Course
2015 Subject Units
Gujarat National Law University (GNLU), Gandhinagar, is one of the premier national law universities of India. GNLU is also a nodal agency mandated to enhance
standards of legal education in 32 law colleges of Gujarat, catering to nearly 12,000 students every year. GNLU aims to advance and disseminate learning and
knowledge of law and legal processes and their respective roles in national development. GNLU offers interdisciplinary legal courses in many faculties, namely B.A.
LL.B., B.Com. LL.B., B.Sc. LL.B., B.S.W. LL.B., B.B.A. LL.B., LL.M. (full-time and distance), Ph.D. programs in law and interdisciplinary fields, and foreign law and
languages programs.
Every lawmaker is faced with two concerns: firstly, how a specific law might affect behaviour and secondly, whether this law secures its intended social goals. There is
a need to move from intuitive and subjective analysis to employing a scientific theory to predict these answers; this is what economics has to do with law.
The field Law and Economics or Economic Analysis of Law is concerned with this interface between the subjects of law and economics. It permits the greater use of
economics to examine the law in addition to recognizing the importance of law to an analysis of the economy. Today, the field of Law and Economics has expanded
and transformed areas such as property, contracts, torts, criminal law and procedure, constitutional law, administrative law, environmental law, family law, etc. The
inherent advantage of this field is that its objective nature permits the legal system to function rationally and more efficiently. Besides, it provides a useful normative
standard for evaluating law and policy.
Over the past few years, GNLU's Committee on Law & Economics has been putting serious academic effort into
conducting several certificate courses and pursuing research projects on Law & Economics.
The first edition of the certificate in February 2013 saw participation from 65 students. The second & the third
editions too showed increasing participation.
Over time, exciting resource exchange has ensured ever growing curiosity about this dynamic discipline and GNLU
has been at the centre of this defining phase for the subject in the Indian Sub-continent. Three successful courses
conducted by distinguished professors like Dr. Ariel Porat, Fischel-Neil Distinguished Visiting Professor of Law at
the University of Chicago, Professor Prasad from IIT Kanpur, Professor T. Somashekhar from NLSIU, Bangalore,
Dr. Sanathkumar from Azim Premji University, Bangalore Dr. Ram Singh from DSE & others served as excellent
tutors for the subject. This, followed by, a camaraderie of shared goals led to six students visiting University of
Chicago for a Summer Course on Law & Economics at the Ronald-Coase Institute.
GNLU has also published a book, "Economic Analysis of Law: An Indian Perspective", in association with
LexisNexis India [ISBN: 9789351430278] The book is divided into eight parts, each of which touches upon
various facets of the law, ranging from an introduction of the basic models of economic analysis of law to the
specialized arenas of the constitutional law, commercial laws, torts, personal laws, crime and environmental laws.
The book makes an easy read for both students and academicians, and serves as a basic guide to laypersons
We are proud to announce the fourth in the series of GNLU's Certificate Courses on Law & Economics with an even more diverse set of instructors.
The course is a weeklong exchange, from March 6 to March 13, 2015. Arrangement for residence during the period will be provided at the GNLU Campus, Koba,
Gandhinagar.
The previous editions have provided insights into subjects ranging from Contract Law and Economics to Corporate Law, Competition Law, Intellectual
Property Rights, Property Law, Law of Torts and Criminal Law (with special reference to anti-rape law in light of the recent Delhi gang rape incident)
and their study with the help of precise economic parameters.
Due to the fortunate timing of the International Conference that follows the Certificate Course, this edition promises to be an even more enriching affair conducted
by experts from across the Globe.For more details on the conference visit
The goal of the course is to provide researchers and academics the advanced tools of law & Economics and exposure to approaches to the subject from world-over.
The course is designed to give the recipients both a holistic view of Law & Economics as a discipline and all the same provide opportunities to explore specific areas
that are affected by its application. Lectures will be conducted by the panel of instructors (given below), entirely in English. This will be done through 30-35 hours of
intensive sessions that are divided keeping these criteria in mind. Required reading material will be provided a week in advance of the course.
Economic Analysis of Corporate Law
Economic Analysis of Competition Law
Economic Analysis of Property Laws
Economic Analysis of Patents Law
E c o n o m i c A n a l y s i s o f C r i m e
Economic Analysis of Tort Law
Economic Analysis of Contract Law
Law & Economics at Gujarat National Law University
www.gnlulec.com
CURRICULUM
GUEST SPEAKER SERIES
THE INSTRUCTORS
Professor Hans-Bernd Schafer- Professor Emeritus at the University of Hamburg, Professor Schafer is German economist and a pioneer
in the field of law and economics in Germany and Europe.
Professor Dr. Norbert Reich- Professor Emeritus of Private Law & European Economic Law at the University of Bremen is a renowned
expert on European Private Law. Dr. Reich has extensive publications in EU Consumer Laws and Economic Constitution Laws.
Professor Reich willshare with the participant's current issues of national and international significance in this interactive series. A lively discussion
on India's economic positioning, and laws as they stand today can be expected!
Professor Thomas S. Ulen- Holds a Swanlund Chair, one of the highest endowed titles on the Urbana- Champaign campus, and is director
of the College's Program in Law and Economics. He has recently completed work on two new books (Co-authored) Cognition, Rationality, and
the Law and Foundations of Environmental Policy. His book, Law and Economics (with Robert Cooter), now in its fourth edition, has been
translated into Chinese, Japanese, Spanish, Korean, French, and Russian.
A skype session by Professor Thomas Ullen will also be conducted where he will discuss Economic Analysis of Empirical Legal Studies!
Professor Dr. Ehud Kamar is a Professor of Law and Director of the Tel Aviv University Batya and Isachar Fischer Center for Corporate
Governance and Capital Markets Regulation. He is also a Research Associate at the European Corporate Governance Institute. He teaches
courses in corporations, securities regulation, mergers and acquisitions, quantitative empirical methods, and deal planning, and has published
articles in leading scholarly journals. He has practiced law in Israel and the United States, and has been a Visiting Professor at Harvard University,
New York University, and the Hebrew University.
Professor Dr. Ram Singh teaching at the Delhi School of Economics specializes in Contract Theory, Law & Economics in India,
Property Rights, Public Private Partnerships & Infrastructure Laws. He isa 2011 Commonwealth Fellow, Department of Economics, London
School of Economics and a visiting faculty at Brown University. He has been awarded the prestigious Ronald Coase Fellowship & the Erasmus
Mundas Scholarship. He is presently working on Procurement Contracts and their incentive structures & Inefficiency of compulsory land
acquisitions.
Professor Dr. George Barker George is Director of the Centre for Law and Economics at the Australian National University, and President
of the Australian Law and Economics Association. He was awarded the Olin Fellowship in Law and Economics at Cornell University in 2000, was
Visiting Fellow at Oxford University Law School 2008, and is currently a visiting Fellow at the British Institute of International and Comparative
Law London and Centre for Law and Economics, University College London. He is the editor of Asia Pacific Law and Economics Review (ANU
Electronic Press), and on the Editorial Board of the European Journal of Law and Economics
Professor Dr. Thomas Eger is Professor at the Law Faculty and at the Faculty of Economics of the University of Hamburg. His
main fields of interest, on which he has written several books andarticles, are the economic analysis of civil law, the law and economics of
Europeanintegration and the transformation of Eastern and Central European economic systems.He has co-authored the Research Handbook
on the Economics of EU Law with Professor Schafer.
Professor Dr. Ranita Nagar is the Dean Research and faculty of Economics at Gujarat National Law University who is credited with having
conceptualised the present course and the Committee of Law and Economics at GNLU. Her main fields of interest include economic analysis,
law and economics, women right issues, Sustainable livelihood matters and vulnerability studies. She has previously headed various government
sponsored and independent studies to enable policy decisions.
Dr. P M Prasad is working as Associate Professor of Economics in the Department of Humanities and Social Sciences, Indian Institute of
Technology Kanpur, India. He works on policy oriented research on “Consumerism” and “Environmentalism” within the domain of
interdisciplinary subject “Law and Economics”. He has published a book on “Business, Consumer and the Government: Economic and Legal
Perspectives (India and Germany).
Dr. Ranita NagarDean, Department of ResearchAssociate Professor of EconomicsHead, Department of Social SciencesConvener, GNLU Law and Economics CommitteeGujarat National Law University+91 8128663923;
Ms. Kundhavi SureshStudent Convener, GNLU Law & Economics CommitteeGujarat National Law University+919586677788
Ms. Rumani SheththCoordinator, 4 Certificate Course on Law and Economics
Gujarat National Law University+91-9998126938
Mr. Hitesh ThakkarAssistant Professor of EconomicsCo-Convener, GNLU Law & Economics CommitteeGujarat National Law University+91 8128650873,
Mr. Soaham BajpaiTeaching and Research Associate, LawGNLU Law & Economics CommitteeGujarat National Law University+918128650845, [email protected]
Ms. ShubhangithMember, 4 Certificate Course on Law and Economics
Gujarat National Law University+91 7567213489
SOCIAL EVENTS
The Certificate Course on Law & Economics at GNLU offers scholars the opportunities to explore Gujarat in all its comfortable & hospitable lifestyle. Tourist sites like the Gandhi Ashram are not far from the college campus.
thThe International Conference on Law & Economics organized on 14-15 March, 2015 will see rich participation of scholars from across the globe. A formal banquet will be organized sometime during the course that will enable interaction between participants from both events!
COST & LODGING
The Course Fees for participants are as follows:
GNLU Student- Rs. 8000/-
Other Student - Rs. 10,000/-
Academician/ NGO's- Rs. 14,000/-
Professional- Rs. 19,000/-
Participants will be housed in the modern GNLU on Campus housing in Koba, Gandinagar from March 5-13, 2015, which is conveniently located near the law school. Meals will be included and will be served at the breakfast hall at the Campus.
Accommodation CostsNon-AC, Double-Occupancy rooms- Rs. 4000/-
Course Fees for Foreign Participants- $850 (inclusive of accommodation costs)
WHO SHOULD APPLY
We invite scholars and students pursuing graduate or post graduate studies. Students in their fourth or fifth year of integrated course in law will be preferred.Professionals in the field of policy making are also encouraged to participate.
Applicants must have sufficient command of the English language to complete the required readings and participate in rigorous classroom discussion. All courses and materials will be offered in English without translation.
HOW TO APPLY
Applications should be made online at http://goo.gl/forms/Uxo5cbr5HQ
The applicants must provide a Statement of Expression outlining their previous experience in the field and present research interest.
The course has a capacity for 60 participants and the application process would be closed on receiving the first 60 eligible candidates. Therefore, we suggest you apply well in time.
thDeadline: 10 February, 2015
For any queries please email us at [email protected] or contact Ms. Rumani Sheth at +91-9998126938 or [email protected]
GNLU LAW & ECONOMICS COMMITTEE