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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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".
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Q.I.P. course on "Statistical Analysis using R Software," 3rd–7th September 2018, organized by Mohammad Arshad Rahman and Shalabh (Department of Mathematics & Statistics, IITK).
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The team comprising Ayush Agarwal, Tanisha Mishra, Kartikey Bhargava and Navneet Singh under the mentorship of Prof. Wasim Ahmad has won the national "Reserve Bank of India (RBI) Policy Challenge-2018". The award consists of a trophy, cash prize of 1 lakh and an opportunity to intern with RBI for a period of up to 3 months in a department of their choice.
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Professor Alan Olmstead (UC Davis) is visiting the Department of Economic Sciences during 28th Nov - 10th Dec 2017. He will be giving a series of talks on economic history.
Events/Seminar Corner
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Evolutionary Implementation in a Public Goods Game
Speaker: Saptarshi Mukherjee, IIT Delhi
Date: September 7th, 2018; Time: 3:30 – 4:30 pm; Venue: FB 620 -
Do Price Deficiency Payments Scheme Work? Evidence from the Indian Agricultural Market
Speaker: Shekhar Tomar, Economist at Reserve Bank of India
Date: September 4th, 2018; Time: 11:00 am – 12:00 noon; Venue: FB 620 -
Cooperation in FRPD Games
Speaker: Anujit Chakraborty, University of California Davis
Date: August 8th, 2018; Time: 4:00 – 5:00 pm; Venue: FB 620 -
Labor Market Regulations in the Context of Structural Transformation
Speaker: Priya Ranjan, University of California Irvine
Date: June 26th, 2018; Time: 12:00 – 1:00 pm; Venue: FB 620 -
Engineering for Social Innovation
Speaker: Miguel Amaral, Universidade de Lisboa
Date: June 21st, 2018; Time: 5:00 – 6:00 pm; Venue: FB 620
Recent Publications
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Rahman, M.A. and Vossmeyer, A. (2018), "Estimation and Applications of Quantile Regression for Binary Longitudinal Data," Advances in Econometrics, 40 (forthcoming).
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Singh, M. K., and Mukherjee, D., (2018), "Drivers of Greenhouse Gas Emissions in the United States: Revisiting STIRPAT Model," Environment, Development and Sustainability (Accepted).
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Ahmad, W. (2018), "The Time-varying Risk Reduction Strategies of Clean Energy Equities with Commodities and Financial Assets," Emerging Markets Finance and Trade, (Accepted).
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Singh, K. J. and Ahmad, W., (2018), "Coherence, Connectedness and Dynamic Hedging Effectiveness between Emerging Markets Equities and Commodity Index Funds", Resources Policy (Accepted).
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Ahmad, W., Mishra, A., and Daly, K., (2018), "Financial Connectedness of BRICS and Global Sovereign Bond Markets," Emerging Markets Review (Accepted).