This course will introduce students to methods of quantitative economic research using primary and secondary data source. The purpose is to provide training for Ph.D. scholars in the department

This course aims to equip the students with a good understanding of India’s economic problems. The development challenges faced by India during the colonial period and again during the initial decades after independence will be discussed in detail. The primary concern of the course will be on contemporary issues, including social inequalities, constraints to agricultural and industrial growth, and the revolution in the services sector. The coursework will emphasise on a set of readings, classroom interactions and debates.

The course provides a graduate level introduction to Industrial Organization. It is designed to provide a broad introduction to topics that current researchers are studying in the areas of industrial organization. It will expose students to a wide variety of techniques in the area of industrial economics and applied game theory. The course will try to integrate theoretical models as well as empirical studies on industries.

Basic concepts of national income accounting, money, and balance of payments; output and exchange-rate determination under fixed and flexible exchange-rate regimes; fiscal and monetary policies in an open economy; international capital movements and their impacts; Case Studies: East Asian crisis, global financial crisis; theories of international trade including factor-proportions and economies of scale; the international trading regime and its implications for developing countries.

This course deals with international trade and finance, covering both the theoretical models and policy experiences. The course will help students understand questions such as how and why countries trade with each other and on how the globalization of finance poses challenges to macroeconomic policymaking. It will also cover historical and contemporary issues in in-ternational economics.

Current economic problems. Alternative economic systems. An overview of the economy. The market mechanism. National product and income. Consumption, savings and investment. Determination of national income. Aggregate demand and supply. Fiscal policy. The nature of money and monetary policy. Inflation and unemployment. Basic concepts of price theory. Determination of price by supply and demand. Elasticity of demand and supply. Theory of production. Theory of costs. Pricing in competitive and monopoly markets. The gains from international trade. Theory of exchange rates. Balance of payments. Economic growth, and development. Inequality and poverty.

The course aims to introduce the students to broad issues of development, particularly from an Indian or developing country context. The topics covered in the course relate to not only issues of economic development but also other hurdles faced by developing societies, which have deeper historical and political roots. The course will equip the students with a good understanding of the problems of development, and provide them a larger perspective to the economic theories they will learn in other courses.

The primary objective of this course is to provide an introduction to the study of labour markets with particular emphasis on India.