This course will offer a macro-economic-cum-development perspective on the Indian economy. Following a historical understanding of India’s early development policy choices, growth trajectory, and the distinctive Indian development model, the course will cover a number of topics such as trade and financial globalization, fiscal and monetary policies, agriculture, infrastructure, tax reform, including GST, federal structure, economic and social inequality, financial system, regional convergence and divergence, migration, demonetization etc. The approach will be to start from the present, using contemporary themes and priorities as the perspective and springboard to understand underlying analytical concepts and India’s experience and distinctiveness from a cross-country perspective, as well as to think about avenues for future reforms.
Pre-reqs: ECO-2101 (Microeconomic Theory), ECO-2201 (Macroeconomic Theory I)
