Comprehensive Course List

Advanced Departmental Elective Courses

Game Theory: This course explores strategic interactions among rational agents and applications in economics, political science, and biology. Students learn to model situations using payoff matrices, equilibrium concepts, and evolutionary game dynamics. Applications include auctions, oligopoly models, and voting systems.

Behavioral Economics: Combining insights from psychology and economics, this course examines how cognitive biases affect decision-making in economic contexts. Topics include prospect theory, loss aversion, mental accounting, and nudges. Students engage in experiments and policy simulations to understand behavioral interventions.

Development Economics: This course delves into the challenges of economic development in low-income countries. It covers poverty alleviation strategies, infrastructure investment, education and health outcomes, and social programs. Real-world case studies from Africa, Asia, and Latin America provide contextual understanding.

International Trade: This subject analyzes trade patterns, comparative advantage, and the effects of tariffs and subsidies. Students study the Heckscher-Ohlin model, Ricardian model, and modern trade theories. The course also explores globalization, regional integration, and trade policy implications.

Public Finance: This course focuses on government spending, taxation, and fiscal policy. Topics include public goods, externalities, tax incidence, and budget processes. Students examine real-world examples from developed and developing economies to understand fiscal management.

Econometrics II: Building upon foundational econometrics, this advanced course covers time series analysis, panel data models, and causal inference methods. Students learn to use software packages like Stata or R for empirical research and policy evaluation.

Financial Markets: This course examines financial instruments, markets, and institutions. It covers asset pricing models, portfolio theory, derivatives, and risk management. Students analyze current market trends and regulatory frameworks affecting financial sectors.

Environmental Economics: Addressing sustainability issues, this course explores pollution control, natural resource management, and climate change economics. Students study carbon markets, environmental valuation, and policy instruments for ecological protection.

Labor Economics: This subject investigates labor market dynamics, wage determination, employment policies, and human capital theory. It includes analysis of unemployment, minimum wage effects, and workforce training programs.

Health Economics: This course analyzes healthcare systems, medical resource allocation, and health outcomes. Students study insurance markets, pharmaceutical economics, and public health interventions to understand the intersection of health and economic policy.

Project-Based Learning Philosophy

The department's philosophy on project-based learning emphasizes experiential education that bridges theory and practice. Mini-projects are assigned in early semesters to develop analytical and research skills. These projects involve data collection, statistical analysis, and presentation techniques.

Final-year capstone projects allow students to pursue independent research under faculty mentorship. Students select topics aligned with their interests and career goals, working closely with supervisors to design methodologies, conduct literature reviews, and present findings.

Evaluation criteria include research rigor, clarity of argument, data interpretation, and oral presentation skills. Projects are assessed by peer review panels and faculty committees to ensure quality and academic integrity.

Faculty mentors play a crucial role in guiding students through the research process. They provide technical expertise, suggest relevant literature, and offer feedback on progress. The mentorship system ensures that students receive personalized attention throughout their project journey.