M.A. (Development Economics)

Courses Prospective

The M.A. (Development Economics) program is offered by the Faculty of Economics. The duration of the program is two years (four semesters). Students take four compulsory courses in each of the first two semesters and one in the third semester, which introduce them to economic theories, techniques and their applications. The compulsory courses consist of a sequence of two courses in Microeconomics, Macroeconomics and Development Economics, along with a course each on Quantitative Methods, Econometrics and South Asian Economic Development.

Year I

Semester ISemester II
Microeconomics-I (4 credits) Microeconomics-II (4 credits)
Macroeconomics-I (4 credits) Macroeconomics-II (4 credits)
Development Economics-I (4 credits) Development Economics-II (4 credits)
Quantitative Methods in Economics (4 credits) Econometrics-I (4 credits)

Year II

Semester IIISemester IV
South Asian Economic Development (4 credits) Optional Course I (4 credits)
Optional Course I (4 credits) Optional Course II (4 credits)
Optional Course II (4 credits) Optional Course III (4 credits)
M.A. Dissertation (2 credits) M.A. Dissertation (6 credits)

In Semesters III and IV, students take two and three optional courses respectively along with dissertation work worth eight credits divided between the two semesters. Students choose at least two optional courses from each of the two groups – (a) Economic Theory and (b) Economic Development. They have to choose at least one course from each of the groups in both semesters. This way, students are exposed to specialized areas in economic theory and specialized fields in economic development. Particularly, selection of courses from Economic Development group facilitates the individual student's M.A. dissertation. In any particular semester, based on available faculty expertise, only a sub-set of the optional courses on the following list may be offered. Also, course offerings are not limited to the list below.


Optional Courses in Economic Theory

Optional Courses in Economic Development

Public Economics

Health and Development

Money and Finance

Gender and Development

Economics and Law

South Asian Economic Development

History of Economic Thought

Agriculture and Development

Population Economics

Technology, Innovation and Industrial Development


Poverty and Inequality

Game Theory

Global Political Economy

International Economics/Trade

Growth and Development

Environmental and Resource Economics

Globalization and Development

Industrial Organization

Natural Resources, Conflict and Development

Economics of Institutions

Economic Development in China and India: A Comparative View

Labour Economics

Governance, Human Security and Development

Advanced Marxian Theory

Urbanization, Migration and Regional Development

Economics of Education and Health

Trade, Capital flows and Development

Political Economy

Imperialism and the Global South

Financial Economics

Economic History of South Asia

Topics in Monetary Theory

Markets, Institutions and Growth

Topics in Growth Theory


Social Choice Theory

Advanced Economic Theory

Topics in non-linear Economic Dynamics

Efficiency and Productivity Analysis

Topics in Macroeconomics



The dissertation is typically a 10,000-12,000 words research paper consisting of original research question(s), an independent and critical review of the relevant literature, and an analytical response to the research questions. In the third semester the student has to come up with a research idea, is assigned a first (primary) and a secondary supervisor and has to defend a research proposal based on the idea by the end of the semester. The student has to complete research, fields visits etc. and write up the research paper by the end of the fourth semester. The total dissertation grades are distributed between the third and fourth semester.

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