MPhil in Economics

The MPHIL Economics programme requires completion of 30 credit hours of coursework and an MPhil thesis (6 credit hours). The program is broad enough to offer three specializations (streams) that are especially designed keeping in view the future placement of the students.

 Quantitative Economics
 Development Economics
 Trade and Public Policy

The program consists of core courses, specialization courses, electives and brush-up courses to help students to optimally tailor their specialization and course choices according to their learning objectives and professional aspirations. The Quantitative Economics Stream offers strong theoretical and quantitative skills to prepare students for PhD programs. The students graduated with this stream are fully prepared to start a PhD in Economics program at any top university. The Development Economics, and Trade and Public Policy Streams develop applied skills for professional careers with concentration on Micro-development and Macro-development issues, respectively. The students graduated with these streams are fully prepared to take on professional career in central banks, international institutions, government ministries and departments, development sector, and research centers/think tanks.

Core courses (Mandatory for all the streams)
 Mathematical Economics
 Econometrics I
 Theories of Economic Growth
 Decision Theory: Producers and Consumers

	Specialization courses
1: Quantitative Economics	2. Development Economics	3. Trade and Public Policy Stream
Game Theory and Information Business Cycles & Monetary Policy Econometrics II Applied Development	Economic Development Applied Development Econometrics II Market Structures & Firm Dynamics	International Trade: Theory and Evidence Trade in General Equilibrium Business Cycles & Monetary Policy Market Structures & Firm Dynamics
4.
Elective Course 1 Elective Course 2

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1st Year	1st Year	1st Year
STREAM 1: Quantitative Economics Winter Term : Sept. – Dec	STREAM 2: Development Economics Winter Term : Sept. – Dec	STREAM 3: Trade and Public policy Winter Term : Sept. – Dec
1. Mathematical Economics 2. Econometrics I 3. Theories of Economic Growth 4. Decision Theory: Producers and Consumers	1. Mathematical Economics 2. Econometrics I 3. Theories of Economic Growth 4. Decision Theory: Producers and Consumers	1. Mathematical Economics 2. Econometrics I 3. Theories of Economic Growth 4. Decision Theory: Producers and Consumers
Spring Term : Jan. – May	Spring Term : Jan. – May	Spring Term : Jan. – May
1. Business Cycles and Monetary Policy 2. Game Theory and Information 3. Econometrics II 4. Applied Development	1. Economic Development 2. Applied Development 3. Econometrics II 4. Market Structures and Firm Dynamics	1. International Trade: Theory and Evidence 2. Trade in General Equilibrium 3. Business Cycles and Monetary Policy 4. Market Structures and Firm Dynamics
Summer Term : June. – August	Summer Term : June. – August	Summer Term : June. – August
1. MPhil Research Proposal	1. MPhil Research Proposal	1. MPhil Research Proposal

2nd Year	2nd Year	2nd Year
Winter Term : Sept. – Dec	Winter Term : Sept. – Dec	Winter Term : Sept. – Dec
1. (Optional Course) 2. (Optional Course) 3. MPhil Thesis	1. (Optional Course) 2. (Optional Course) 3. MPhil Thesis	1. (Optional Course) 2. (Optional Course) 3. MPhil Thesis

Spring Term : Jan. – May	Spring Term : Jan. – May	Spring Term : Jan. – May
1. MPhil Thesis (Contd)	1. MPhil Thesis (Contd)	1. MPhil Thesis (Contd)

CORE COURSES	FIELD COURSES	OPTIONAL COURSES
1. Mathematical Economics 2. Econometric I 3. Theories of Economic Growth 4. Decision Theory: Producers and Consumers	Quantitative Economics 1. Business Cycles and Monetary Policy 2. Game Theory and Information 3. Econometrics II 4. Applied Development Development Economics 1. Economic Development 2. Applied Development 3. Econometrics II 4. Market Structures and Firm Dynamics Trade and Public Policy 1. International Trade: Theory & Evidence 2. Trade in General Equilibrium 3. Business Cycles and Monetary Policy 4. Market Structures and Firm Dynamics	1. Applied Development 2. Applied Econometrics 3. Game Theory and Information 4. Business Cycles and Monetary Policy 5. Economic Development 6. Developing Economies: Theory and Practice 7. Microeconometrics 8. Experimental Methods and Behavioral Economics 9. Innovation and Technological Progress 10. Theories of Development Economics 11. Market Structures and Firm Dynamics 12. Trade in General Equilibrium 13. International Trade: Theory & EvidenceApplied