Welcome!
The Department of Economic Sciences has 14 permanent faculty members with research and teaching interests that covers a broad range of fields. Apart from having strength in traditional areas like microeconomics, macroeconomics and econometrics; the department has expertise in agricultural economics, Bayesian econometrics, behavioral economics, development economics, efficiency and productivity analysis, environmental economics, financial economics, health economics, industrial economics, international trade, labor economics, law and economics, optimization theory, political economy and public policy.
The department primarily offers three degrees in economics: 4 year B.S., 1 year M.S. and Ph.D. in Economics. Admission for the 38 seats (per year) in the B.S. program is through the advanced joint entrance examination (JEE). B.S. students who satisfy certain eligibility criterion can opt for a 1 year M.S. program in Economics. There is also a provision for dual degree for undergraduate students of IITK. The entry to the Ph.D. program is through a written test and a viva exam conducted once at the beginning of each academic year.
The department's administrative office is located in Room 622 of the Faculty Building, IITK academic area.
Latest News
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Debayan Paakrashi (IIT Kanpur), Asadul Islam (Monash University) and Marcel Fafchamps (Stanford University), (2019-20, Co-PI) “Addressing Financial Inclusion in Rural India: The Role of Information and Peer Pressure,” funded by the International Growth Centre India (Bihar), £20,000.
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Society for Economic Research in India (SERI) Annual Conference (2019) is hosted by the Department of Economic Sciences, IIT Kanpur. Please see the scheduled program for details.
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Institute Lecture by Professor Debraj Ray, on 12th July 2019 in L16 between 6:15 - 7:15 pm.
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One-week Q.I.P. workshop on "Financial Time-Series Modelling in R: FinMODE-2018", 24th-28th September 2018, in collaboration with Indian Econometric Society (TIES), organized by Wasim Ahmad.
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Prof. Wasim Ahmad has been awarded the "RBI Faculty Scholarship for Members from Academic Institutions: 2018".
Events/Seminar Corner
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Title: Unearthing Zombies: Regulatory Intervention to Aid Bankruptcy Reform
Speaker: Subrata Kumar Ritadhi, RBI
Date: September 9th, 2019; Time: 5:00 pm – 6:00 pm; Venue: FB 620 -
Title: Volatility Index in the Indian Stock Market: Information Content and Asset Pricing
Speaker: Pratap Chnadra Pati, XIMB
Date: September 6th, 2019; Time: 5:00 pm – 6:00 pm; Venue: FB 620 -
Title: Central Bank’s Money Market Operations and Daily Stock Returns
Speaker: Radeef Chundakkadan, IIT Madras
Date: September 6th, 2019; Time: 3:30 pm – 4:30 pm; Venue: FB 620 -
Title: Optimal Mechanisms for Selling Two Heterogeneous Items
Speaker: Thirumulanathan D, Qualcomm
Date: September 3rd, 2019; Time: 4:00 – 5:00 pm; Venue: Skype -
Title: India’s Choice: Brazil or China? The Story of the Theatre of Development and India’s Future Place
Speaker: Rathin Roy, NIPFP
Date: August 19th, 2019; Time: 10:00 am – 11:00 am; Venue: FB 620
Recent Publications
- Nirola, N. and Sahu, S. (2019), The Interactive Impact of Government Size and Quality of Institutions on Economic Growth – Evidence from the States of India, Heliyon, 5(3), Article No 1352.
- Saakshi, Sahu, S., and S. Chattopadhyay. (2019), Epidemiology of Inflation Expectations and Internet Search: An Analysis for India, Journal of Economic Interaction and Coordination, (Forthcoming)
- Frijters, P., Islam, A. and Pakrashi, D. and Lalji, C. (2019), Roommate Effects in Health Outcomes, Health Economics (Accepted).
- Frijters, P., Islam, A. and Pakrashi, D. (2019), "Heterogeneity in Peer Effects in Random Dormitory Assignment in a Developing country," Journal of Economic Behavior and Organization (Accepted).
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Lyngdoh, G. A., Rahman, M.A., and Mishra, S.K. (2019), "Bayesian Updating of Structural Model with a Conditionally Heteroscedastic Error Distribution," Journal of Engineering Mechanics-ASCE (Accepted).