Centre for Studies in Diplomacy, International Law
and Economics
The International Trade &
Development Division
TEACHING
The ITD
Division runs three programmes of study:
M.A. Economics (with specialisation on
World Economy)
A new and
unique Master’s programme in Economics was introduced by the Division in
1995. Keeping in mind the changing economic environment of India and its
growing integration with the global economy, this new M.A. programme was
designed with a clear emphasis on emerging global issues like trade,
technology, environment, natural resources, currency and finance, which makes
it unique and distinct from conventional MA programmes in economics offered
elsewhere in India. The broad objectives of the M.A programme:
·
To teach the latest developments
in the principles of economics
·
To teach applications of theories
in analysing current economic problems
·
To equip students with tools of
econometrics for applied economic research
·
To provide a first hand idea of
how professional economists function in various government, semi-government and
corporate organisations though the summer internship
programme
Special
emphasis is laid on developing the articulation skills of students. Many of the
courses are evaluated on the basis of presentations
in addition to written examinations. Besides, every
student has to participate in a weekly departmental student seminar cum debate on issues
of current economic interest.
The M.A.
programme consists of ten core courses which include micro and macro theories,
trade theory, international monetary economics, development economics,
mathematical economics and statistics and econometrics. In addition, six
optional papers are to be selected from amongst a wide range of courses including
environmental economics, corporate finance, investment finance and economic
policy, natural resources, technology, contemporary development of the world
economy and of regions like the Asia-Pacific, international economic
institutions, and advanced courses on trade theory, econometrics and
mathematical economics. In lieu of an optional course, students may opt for a
summer internship where they are placed with various research and business
organizations. For detailed course descriptions, please click on to the Courses page below.
Student Profile
The
Division is running one of the most successful and popular M.A. programmes in
Economics in the country. The popularity of the programme is revealed by the
increasing number of applications every year (800-1000 for 20 seats). Its
success is evident from the placement of our students even within this short
9-year span of the existence of our MA programme. Many students opt for higher
studies and research after completing their MA. MA's from the department have
received offers from MIT, Stanford,
M.Phil in International Trade and Development
The M.Phil/Ph.D programme in International
Trade and Development has been running for
over four decades. Presently, the two-year M.Phil
programme consists of 5 courses to be completed in the first year followed by a
dissertation to be written in the second year. The courses are:
·
Advanced Economic
Theory
·
Advanced Trade
Theory
·
Quantitative Methods
in Economics
·
Balance of Payments
·
Seminar (Every student is required to present a paper on any aspect of
economics. The paper could be either a critical survey of the literature or
original theoretical or empirical research.)
Ph.D. in
Economics
The
Division runs an active Ph.D. Programme in Economics for full time as well as
part time (professional) students. The department has produced about 10 Ph.D.s
in the last three years. Presently, there are 10 students registered for and actively
working towards their Ph.D.
Students
who have completed their Ph.D from the Division are
now established economists teaching at universities and colleges of repute in
India and abroad (including JNU, Delhi School of Economics, Universities of
Bombay and Chennai, IIM Bangalore and Ahmedabad,
Copenhagen Business School) and occupying positions of great responsibility in
the government (e.g., Ministries of Commerce and Finance, RBI) as well as in
international organisations (e.g., UNIDO and The
World Bank).