Minor Area in Economics

Minor Area

The economics unit of the Department of Humanities and Social Sciences of IIT Delhi wishes
to propose a Minor Area program for the undergraduate students (B.Tech.) of the Institute.
We believe that the Economics Minor would provide students a rigorous toolkit for thinking
about the economy and about economic policy.

Minor Area Announcement (must read)


Objective
The objective of the Minor Area program in Economics is to acquaint students with the
economic aspects of modern society, to familiarize them with techniques for the analysis of
contemporary economic problems, and to develop in them an ability to exercise judgment in
evaluating public policy.
The minor area in Economics has two main goals. The first is to acquaint engineering
students with the basics of economic theory that are required for an understanding of working
of an economy. The second is to allow students to build basic competence in the application
of this theory in various fields of economics.
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The Credit Requirement
An undergraduate student needs to earn a minimum of 20 credits in the area of economics.
This is over and above their Humanities and Social Sciences (HU) credit requirement which
is 15 credits as of now.
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CORE courses (eight credits)

A student opting for a minor area in Economics should do AT LEAST TWO courses from
the 200 level (CORE=eight credits=2 courses at 200 level X four credits/course). Currently,
we have the following four courses at the 200 level:

List of 200 level courses in Economics

  • HUL211 Introduction to Economics
  • HUL212 Microeconomics
  • HUL213 Macroeconomics
  • HUL217 History of Economic Thought
ELECTIVE courses (12 credits)

The remaining 12 credits can be done from any of the courses in the economics basket
including the 200 level courses listed above as well as below.

List of 200 level courses

  • HUL286 Social Science Approaches to Development

Other than the 200 level, elective courses can also be taken from the basket of courses at the
300 and 700 levels. A partial list of approved courses (as of now) in the 300 and 700 levels
are given below.

List of 300 level courses

  • HUL311 Applied Game Theory
  • HUL312 Distribution and Growth
  • HUL314 International Economics
  • HUL315 Econometric Methods
  • HUL316 Indian Economic Problems and Policies
  • HUL318 Public Finance and Public Economics
  • HUL319 Comparative Development Paths: Asia and the world
  • HUL320 Selected Topics in Economics
  • HUL372 Agrarian India: Past and Present
  • HUL735 Research Methods in Economics
  • HUL736 Planning and Economic Development
  • HUL737 Advanced Growth Theory
  • HUL738 International Economics
  • HUL755 Advanced Econometrics
  • HUL756 Time series econometrics and forecasting
  • HUL762 Industrial Economics
  • HUL731 Perspectives on Development

Intake Capacity
We start with an initial number of 20 students (in each year) as Minor area intake capacity.
However, this number may change depending on the undergraduate level course cap system
as determined at the Dept level.


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