Course Structure Across 8 Semesters
| Semester | Course Code | Course Title | Credits (L-T-P-C) | Prerequisites |
|---|---|---|---|---|
| 1 | ECON101 | Introduction to Economics | 3-0-0-3 | - |
| 1 | ECON102 | Microeconomics I | 3-0-0-3 | ECON101 |
| 1 | MATH101 | Calculus I | 3-0-0-3 | - |
| 1 | STAT101 | Statistics for Economics | 3-0-0-3 | - |
| 1 | ECON103 | Macroeconomics I | 3-0-0-3 | ECON101 |
| 1 | ECON104 | Introduction to Econometrics | 3-0-0-3 | MATH101, STAT101 |
| 2 | ECON201 | Microeconomics II | 3-0-0-3 | ECON102 |
| 2 | ECON202 | Macroeconomics II | 3-0-0-3 | ECON103 |
| 2 | MATH201 | Calculus II | 3-0-0-3 | MATH101 |
| 2 | ECON203 | Mathematical Methods in Economics | 3-0-0-3 | MATH101, MATH201 |
| 2 | ECON204 | Development Economics | 3-0-0-3 | ECON101 |
| 3 | ECON301 | Industrial Organization | 3-0-0-3 | ECON201 |
| 3 | ECON302 | Public Finance | 3-0-0-3 | ECON103 |
| 3 | ECON303 | Financial Economics | 3-0-0-3 | ECON202, MATH201 |
| 3 | ECON304 | Behavioral Economics | 3-0-0-3 | ECON102 |
| 3 | ECON305 | Environmental Economics | 3-0-0-3 | ECON204 |
| 4 | ECON401 | Econometrics II | 3-0-0-3 | ECON104, ECON203 |
| 4 | ECON402 | Quantitative Methods in Economics | 3-0-0-3 | ECON203, ECON401 |
| 4 | ECON403 | International Trade | 3-0-0-3 | ECON201, ECON202 |
| 4 | ECON404 | Research Methods in Economics | 3-0-0-3 | ECON401 |
| 5 | ECON501 | Advanced Microeconomics | 3-0-0-3 | ECON201, ECON203 |
| 5 | ECON502 | Advanced Macroeconomics | 3-0-0-3 | ECON202 |
| 5 | ECON503 | Economic Policy Analysis | 3-0-0-3 | ECON402, ECON501 |
| 5 | ECON504 | Data Science for Economists | 3-0-0-3 | MATH201, ECON401 |
| 6 | ECON601 | Capstone Project I | 2-0-0-2 | ECON501, ECON503 |
| 6 | ECON602 | Capstone Project II | 2-0-0-2 | ECON601 |
| 7 | ECON701 | Special Topics in Economics | 3-0-0-3 | ECON501, ECON502 |
| 7 | ECON702 | Thesis Writing and Research | 4-0-0-4 | ECON602, ECON503 |
| 8 | ECON801 | Final Thesis | 6-0-0-6 | ECON702 |
Detailed Course Descriptions
The Economics department at Adani University Ahmedabad offers a wide range of advanced elective courses designed to deepen students' understanding of specialized areas within the field. These courses are taught by leading faculty members who are actively engaged in research and policy work.
Econometrics II is an advanced course that builds upon foundational econometrics knowledge. Students learn to apply complex statistical models to economic data, using software like Stata and R. The course covers topics such as time series analysis, panel data methods, instrumental variables, and causal inference techniques.
Quantitative Methods in Economics focuses on the application of mathematical tools in economic modeling. Students explore optimization theory, game theory, and dynamic programming models to understand strategic interactions between agents in markets and policy environments.
Environmental Economics examines the economic dimensions of environmental issues, including pollution control, natural resource management, climate change, and sustainability. The course explores market failures and regulatory mechanisms that can address environmental challenges.
Behavioral Economics investigates how psychological biases affect economic decisions and outcomes. Students study concepts such as loss aversion, present bias, and social preferences to understand deviations from rational choice theory.
International Trade analyzes the theoretical and empirical foundations of international commerce. Topics include trade theories, tariff policies, exchange rates, and global supply chains. The course emphasizes real-world applications through case studies and simulations.
Economic Policy Analysis teaches students how to evaluate policy interventions using economic principles and evidence-based approaches. Students learn to design impact assessments, conduct cost-benefit analyses, and propose solutions to pressing societal problems.
Data Science for Economists integrates data science techniques with economic analysis. Students gain proficiency in machine learning algorithms, big data processing, and visualization tools that are essential for modern economic research and policy work.
Advanced Microeconomics delves into complex models of market behavior and individual decision-making. The course covers topics such as general equilibrium theory, information economics, and mechanism design.
Advanced Macroeconomics explores contemporary macroeconomic theories and their applications to current global challenges. Students study business cycles, inflation dynamics, monetary and fiscal policy, and international macroeconomics.
Research Methods in Economics prepares students for conducting independent research. The course covers experimental design, survey methodology, and qualitative data analysis techniques used in economic research.
Special Topics in Economics allows students to explore emerging issues in economics such as fintech, labor markets, urban economics, or health economics. This course is offered on a rotating basis based on faculty expertise and current trends.
Project-Based Learning Philosophy
The Economics program at Adani University Ahmedabad places significant emphasis on project-based learning to ensure that students develop practical skills alongside theoretical knowledge. The approach integrates classroom instruction with hands-on research experiences, enabling students to apply economic concepts in real-world contexts.
Students begin their project journey in the second year through mini-projects that require them to collect and analyze data using econometric methods. These projects are supervised by faculty mentors who guide students through the process of formulating hypotheses, selecting appropriate models, interpreting results, and drawing meaningful conclusions.
The final-year thesis/capstone project is a comprehensive endeavor that requires students to conduct original research on a topic of their choice under the guidance of a faculty advisor. The project typically involves literature review, data collection, econometric modeling, and policy implications. Students present their findings in both written and oral formats, demonstrating their ability to communicate complex economic ideas effectively.
Project selection is based on student interests and faculty availability. Students are encouraged to align their projects with current issues in economics, such as climate change, inequality, or financial stability. The department provides access to databases, software licenses, and research facilities to support these efforts.
Evaluation criteria for projects include the clarity of research questions, methodological rigor, data quality, analytical depth, and presentation skills. Feedback from faculty mentors is integral to the learning process, helping students refine their approach and improve their work over time.