Welcome Message
The Department of Economic Sciences has 18 permanent faculty members with research and teaching interests that cover 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, family economics, and public policy.
The department primarily offers three degrees in economics: 4 years 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 criteria can opt for a 1 year M.S. program in Economics. There is also a provision for the 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.
-Prof. Vimal Kumar
Head, Department of Economic Sciences
- Special Faculty Recruitment Drive for SC, ST, OBC, EWS and PwD Categories
- Dr Sukumar Vellakkal has been awarded a research grant titled "Food Insecurity, Intra-household Dynamics, and Life-course Outcomes", funded by UK Research and Innovation (UKRI) through the lead collaborator Lancaster University UK. The grant Period is 2021- 2025.
- Advertisement details and the call at the IITK-LTU Research Academy
- Placement of Recent PhD Students
- Dr. Wasim Ahmad has been selected for the ICSSR-ESRC-UKRI Call for Collaborative Research on the "Future of UK-Indian trade and cross-border investment in a changing global environment".
Title: Sectoral Productivity Impacts of Trade Liberalization, Huuman capital formation and industrial policy with macroeconomic dynamics: An expost partial and ex ante general equilibrium analysis
Speaker: Prof. S.K. Mathur, session at the ISID (Institute for Studies in Industrial Development, Delhi) Capacity Building Programme
Date: February 25th, 2022
Title: Impact of Public Procurement on Private Sector: Evidence from Indian Pharmaceutical Industry
Speaker: Prof. Samarth Gupta, National Council of Applied Economic Research (NCAER)
Date: February 8th, 2022; from 6:00 PM to 7:00 PM Venue: Virtual meeting
Title: Why Does Consumption Fluctuate in Old Age and How Should the Government Insure It?
Speaker: Prof. Jeanne Commault , Sciences Po
Date: October 6th, 2021; Venue: Virtual meeting
Title: Till Dowry Do Us Part: Bargaining and Violence in Indian Families
Speaker: Prof. Rossella Calvi, Rice University
Date: September 21st, 2021; Venue: Virtual Meeting
Title: Can Pesion Reforms Solve the “Missing Women” Problem?
Speaker: Prof. Avraham Ebenstein, Hebrew University of Jerusalem
Date: September 6th, 2021; Venue: Virtual Meeting
Title: Why do people stay poor?
Speaker: Prof. Maitreesh Ghatak, London School of Economics
Date: February 19th, 2021; Venue: Virtual Meeting
- Shila Mishra, Manish Chauhan and Somesh K Mathur (2022), Digital Economies and Evolving Regulations: A Parametric and Non-parametric Approach with Bad Output Across Countries, Artnet Working Paper NO. 212, March 30th, 2022, UNESCAP , Bangkok. The paper is now published here
- Archana Srivastava, Somesh K Mathur and Prabir de(2022), Ex-ante evaluation of India's trade alliance with Indo-Pacific region : A general equilibrium analysis, AWP 211, February 2022, UNESCAP , Bangkok
- Dar, S. S., & Sahu, S. (2022). The effect of language on financial inclusion. Economic Modelling, 105693.
- Dutta, J., & Martínez-Legaz, J. E. (2021). Error bounds for inequality systems defining convex sets. Mathematical Programming, 189(1), 299-314.
- A Kanya, T Marthias, S Vellakkal, N Carvalho, R Atun, A Morgan, Y Zhao, E Hulse, B McPake, J Lee (2021). Socioeconomic inequalities ineffective service coverage for reproductive, maternal, newborn, and child health: a comparative analysis of 39 low-income and middle-income countries, EClinicalMedicine-LANCET, Volume 40
- Singh, A., & Vellakkal, S. (2021). "Impact of public health programs on maternal and child health services and health outcomes in India: A systematic review". Social Science & Medicine, 113795.
- Saini, S., Ahmad, W., & Bekiros, S. (2021). "Understanding the credit cycle and business cycle dynamics in India". International Review of Economics & Finance, 76, 988-1006.
- Khan, M. A., & Ahmad, W. (2021). "Fresh Evidence on the Relationship between Market Power and Default Risk of Indian Banks". Finance Research Letters (Forthcoming).
- Dempe, S., Dinh, N., Dutta, J., & Pandit, T. (2021). "Simple bilevel programming and extensions". Mathematical Programming, 188(1), 227-253.