Indian Economy in Transition

This course offers an in-depth examination of the Indian economy as it undergoes a significant transformation from a traditional agrarian system to a modern industrial and service-based economy. Designed for students with a strong foundation in micro- and macroeconomics, this course applies core economic principles to analyze India’s post-independence economic development, growth dynamics, structural reforms, trends in poverty and inequality, labor markets, urbanization, and macroeconomic policy. Students will gain both analytical skills and substantive knowledge through lectures, readings, and writing assignments that engage with current policy debates. Grading is based on three short op-ed style essays and a final policy paper on a contemporary issue. Pre-reqs: Strong understanding of principles-level microeconomics and macroeconomics.