Module 1 : Day 1

Session Date : 23rd Aug, 2025

Session 1 : 10.30 a.m. to 12.30 p.m. (IST)

Module Name : Introduction to Economic Development I (Historical context)

Concepts Covered : 

Economic Development – How it all started?

Learning Outcomes : 

Good understanding of what is economic development, why it is important and historical perspective.

Session 2 : 03.00 p.m. to 05.00 p.m. (IST)

Module Name : Introduction to Economic Development II (A Global and Comparative Perspective)

Concepts Covered : 

Economic Development Across the World

Learning Outcomes : 

Good understanding of the nature of development economics, why study development economics, some critical questions, the important role of values in development economics, economies as social systems: the need to go beyond simple economics, the capability approach.

Module 2 : Day 2

Session Date : 24th Aug, 2025

Session 1 : 10.30 a.m. to 12.30 p.m. (IST)

Module Name : Theories of Economic Growth and Development I (Classical Theories)

Concepts Covered : 

The Economic Revolution; why the economists had so long to wait; classical theories – Adam Smith; Thomas Malthus; David Ricardo; Karl Marx and others

Learning Outcomes : 

Good understanding of economic growth, economic revolution, why economists had so long to wait, classical theories (Adam Smith, David Ricardo, Thomas Malthus, Karl Marx etc.).

Session 2 : 03.00 p.m. to 05.00 p.m. (IST)

Module Name : Theories of Economic Growth and Development II (Theories of Twentieth Century)

Concepts Covered : 

Dual economy/sector model; Harrod Domar Model; Neo-classical/Capital accumulation/Solow Model; Endogenous Growth Models

Learning Outcomes : 

Good (and practical) understanding of economic growth and growth theories (Dual economy model, Harrod Domar Model, Neo-classical/Capital accumulation/ Solow model, endogenous growth models).

Module 3 : Day 3

Session Date : 25th Aug, 2025

Module Name : Poverty; Introduction to Multidimensional Poverty

Concepts Covered : 

Introduction; Measurement and different measures; Multidimensional Poverty; possible causes and consequences of poverty; policy prescriptions

Learning Outcomes : 

Good (and practical) understanding of what is poverty, different kinds of poverty, issues in poverty measurement, different measures of poverty, multidimensional poverty, causes of poverty (Indian context), consequences of poverty and policy suggestions.

Module 4 : Day 4

Session Date : 26th Aug, 2025

Module Name : Inequality; Inequality of Opportunity; Inequality and Growth Debate

Concepts Covered : 

Inequality – introduction, measurement and measures; trends across the globe; causes of inequality; inequality and economic growth debate; Inequality of opportunity; Policy Suggestions for reducing poverty and inequality

Learning Outcomes : 

Good (and practical) understanding of trends in inequality across the globe, what is inequality, measurement of inequality and inequality measures, causes and consequences of inequality, inequality and economic growth debate, policy suggestions for reducing inequality.

Module 5 : Day 5

Session Date : 27th Aug, 2025

Module Name : Reserve Day

Concepts Covered : 

For reflection and review

Learning Outcomes : 

For reflection and review

Module 6 : Day 6

Session Date : 28th Aug, 2025

Module Name : Development Planning in India

Concepts Covered : 

Situation of India at the time of independence; strategies vs. structural constraints; development debate; the five-year plans till 1990/91.

Learning Outcomes : 

Good understanding of Indian development planning experience, problems with the planning process and achievements.

Module 7 : Day 7

Session Date : 29th Aug, 2025

Module Name : Economic Liberalisation; Washington Consensus

Concepts Covered : 

The economic liberalization experience of India and the evolution as well as the role of Washington based institutions.

Learning Outcomes : 

Good understanding of the Indian economic liberalization experience, the Washington consensus and the way forward.

Module 8 : Day 8

Session Date : 30th Aug, 2025

Session 1 : 10.30 a.m. to 12.30 p.m. (IST)

Module Name : Status of Human Development in India

Concepts Covered : 

Human Development – introduction; the central role of education and health; status of education and health in India; measuring human development; HDI

Learning Outcomes : 

Good understanding of Human Development, role of education and health, status of education and health in India, measuring human development, HDI

Session 2 : 03.00 p.m. to 05.00 p.m. (IST)

Module Name : Costs of Economic Development in India; Political Economy of Development in India

Concepts Covered : 

Political economy of development; political institutions; political economy (elite capture, cognitive capture, regulatory capture etc.); costs of economic development/ growth (environmental, social, health etc.)

Learning Outcomes : 

Good understanding of Political economy of development, political institutions, political economy (elite capture, cognitive capture, regulatory capture etc.), costs of economic development/ growth (environmental, social, health etc.).