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Research HighlightsThe 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


Events/Seminar Corner


  • Title: Distortion in Credit Availability in India’s Lead Bank Scheme
    Speaker: Samarth Gupta, NCAER
    Date: October 21st, 2019; Time: 5:30 am – 6:30 pm; Venue: FB 620

  • Title: Import Competition and Contract Labor: The Trade and Informality Debate Revisited
    Speaker: Vidhya Soundarajan, IIM Bangalore
    Date: October 18th, 2019; Time: 12:00 noon – 1:00 pm; Venue: FB 620

  • Title: A Statistical Machine Learning Approach to Yield Curve Forecasting
    Speaker: Saurish Das, Chennai Mathematical Institute
    Date: October 14th, 2019; Time: 5:30 pm – 6:30 pm; Venue: FB 620

  • Title: Asymmetric Business Cycles in Segmented Labour Markets
    Speaker: Srinivasan Murali, IIM Bangalore
    Date: September 23rd, 2019; Time: 10:00 am – 11:00 am; Venue: FB 620

  • Title: Refugee Crisis: The Economic Impacts of Humanitarian Assistance
    Speaker: Anubhab Gupta, UC Davis
    Date: September 16th, 2019; Time: 11:00 am – 12:00 noon; Venue: FB 620

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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).
  • 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).

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