Economics has a significant component of experimentation and data analytics. This course covers advanced topics of economics laboratory course as a continuation of economics laboratory I course. We cover experimental methods and computational techniques using real life data. Data analysis and experimental methods of analysis feature prominently in this course.

This is an advanced level course in trade. The objective of this course would be to give adequate training to graduate students in economics (and related disciplines) to bring them to the forefront of knowledge in international trade and prepare them to undertake independent work in the areas of trade theory and policy.

This course will introduce students to advanced topics in Economics as decided by the instructor.

This module introduces students in economics and other social sciences to game theory, a theory of interactive decision making. This module provides students with the basic solution concepts for different types of non-cooperative games, including static and dynamic games under complete and incomplete information. The basic solution concepts that this module covers are Nash equilibrium, subgame perfect equilibrium, Bayesian equilibrium, and perfect Bayesian equilibrium. This module emphasizes the applications of game theory to economics, such as duopolies, bargaining, and auctions.

This course deals with the economics of development, focusing on both the theoretical debates and experiences of economic transformations from various parts of the world. It aims to equip the students with an understanding of structural transformation, development planning, agriculture-industry linkages, industrialization debates, and international trade and finance. Students will also be made familiar with issues of poverty, distribution, and social development

On successful completion of this course, a student should be able to understand the important economic reasons for enormous worldwide disparities in income levels and standards of living. Using a selection of the most important papers currently on the frontier of in this field, we will explore two particular questions: 1) Why do people in some countries live prosperous lives, while those in others reel under poverty? and 2) What are potential policies which can improve the lives of the poor? Topics of particular interest are those relating to institution, culture, gender, health, political economy, corruption and conflict.

Though empirical questions are central in motivating the issues on distribution, this course will mostly draw from theory. Papers published in established journals will cover the major references for this course. It will start from some empirical pattern of development (Kuznet‘s hypothesis), country experiences, etc. to motivate the subject. Then it will try to understand the process of distribution, growth and structural change using standard macroeconomic models. This course will be heavily dependent on Mathematics - mainly calculus.

Basics of sample survey; variance and covariance; correlation coefficient; simple regression analysis; Gauss-Markov theorem; estimation of regression coefficients; confidence intervals and hypothesis testing in regression analysis; type-I and type-II errors; transformation of variables; multiple regression analysis; multicollinearity, heteroscedaticity, dummy variables, basics of time-series analysis.