Microeconomics Syllabus 2025: Semester Subjects, Electives, Books, Specializations

Introductory Microeconomics

This course is about the basic concepts of microeconomic theory. The focus of will be on thinking like an economist and demonstrating how to apply microeconomic concepts to real-world problems.

Mathematical Methods in Economics-I

This is the first of two mandatory courses. This series aims to teach the body of basic mathematics required for UG economic theory study, namely the courses on microeconomic theory, macroeconomic theory, statistics and econometrics included in this syllabus.

Mathematical Methods in Economics-II

Focuses on the body of fundamental mathematics essential for UG study of economic theory, especially the courses on microeconomic theory, macroeconomic theory, statistics and econometrics indicated in this syllabus.

Statistical Methods for Economics

This is a course on statistical methods for economics. It begins with some fundamental concepts and terminology associated with statistical analysis and inference. Following that, the idea of probability is introduced, followed by probability distributions of discrete and continuous random variables and joint distributions.

Introductory Econometrics

This course provides a detailed overview of key econometric ideas and methodology. It covers statistical concepts, including hypothesis testing, estimation and diagnostic testing for basic and complex regression models.

Economics of Health and Education

United Nations member nations designated education and health as Millennium Development Goals, indicating their importance in improving well-being. These goals are universal primary education, child mortality, improved mother health and disease prevention.

1

Applied Econometrics

This course's goal is to provide a foundation in applied econometric analysis and develop skills needed for economics research.

2

Introductory Macroeconomics

This course is designed to expose students to the fundamental concepts of macroeconomics. The study of the whole economy is known as macroeconomics.

3

Comparative Economic Development

The course focuses on a group of countries that followed different growth trajectories and patterns to achieve their industrial transition. It compares the outcomes of these various trajectories on sectoral change, inter sectoral relations, labour processes, industrial relations and the role of the state in facilitating the respective trajectories.

4

Intermediate Microeconomics

The course provides the students with a solid basis in microeconomic theory, allowing them to explore the behaviour of individual agents formally.

5

Public Economics

The study of government policy from economic efficiency and equality standpoints is known as public economics. 

6

Indian Economics

This course examines important patterns in economic statistics and policy debates in India since independence, focusing on changes and turning points identified via the use of suitable analytical frameworks.

Principles of Microeconomics

Principles of Microeconomics

N. Gregory Mankiw

Applied Econometrics

Freakonomics: A Rogue Economist Explains the Hidden Side of Everything

Steven Levitt and Stephen J. Dubner

Statistical Methods for Economics

Prices and Quantities: Fundamentals of Microeconomics

Rakesh V. Vohra

Statistical Methods for Economics

Thinking, Fast and Slow

Daniel Kahneman

Applied Econometrics

Microeconomics

Paul Krugman and Robin Wells