Arvind Subramanian is the Chief Economic Advisor to the government of India. He was Assistant Director in the Research Department of the IMF, served at the GATT, and taught at Harvard University's Kennedy School of Government and at Johns Hopkins School for Advanced International Studies. In 2011, Foreign Policy Magazine named him one of the top 100 global thinkers. He obtained his undergraduate degree from St. Stephens College, Delhi; MBA from IIM, Ahmedabad; and M.Phil. and D.Phil. from the University of Oxford, UK.
This course will cover the history of Indian economic development and the current progress, challenges and strategy going forward. It will cover these themes through the analysis presented in the Economic Surveys of the previous three years (2014-15 to 2016-17). The detailed overview of the syllabus is provided below. This course is suitable for students and teachers of Economics both at the undergraduate and advanced levels as well as policymakers interested in the Indian economy.
This course will help in developing an in-depth understanding of the Indian economy- its history, recent developments, and impending challenges. The participants will become proficient in understanding and analyzing macroeconomic developments and policy. They will also become familiar with the current dominant thoughts and tools used for economic policy making and research.
|Sr. No.||Name of Lecture||Date||Time|
|M1||Global and Indian Economic History Video Part 1 Video Part 2 Video Part 3||Sunday June 11||12:00 PM-2 PM|
|M2||Fiscal Policy, Fiscal Rules, and the GST I Video Part 1||3 PM-5 PM|
|M3||Fiscal Policy, Fiscal Rules, and the GST II Video Part 2 Video Part 3||Monday June 12||10:30 AM-1 PM|
|M4||Monetary Policy and Inflation Targeting Video Part 1 Video Part 2||3:00 PM-5:30 PM|
|M5||Reviewing Macro-Economic Developments and Understanding Macro-Economic Policy Video Part 1 Video Part 2||Tuesday June 13||10:30 AM-1 PM|
|M6||Economic Crises and the Twin Balance Sheet Problem in India Video||3:00 PM-5:30 PM|
|M7||7A. Subsidies for the Poor and Rich Video||Wednesday June 14||10:30 AM-1 PM|
|7B. Universal Basic Income (UBI) Video||10:30 AM-1 PM|
|M8||State of the States: Today and Over Time Video||3:00 PM-5:30 PM|
|M9||Transforming Indian Agriculture: Do We Need to Love Some Agriculture Less and the Rest More? Video Part 1 Video Part 2||Thursday June 15||10:30 AM-1 PM|
|M10||10.1 Structural Change: Manufacturing, Services, and Urbanization Video||3:00 PM-5:30 PM|
|10.2 India's International Trade Integration & Internal Integration (Trade & Labour) Video||3:00 PM-5:30 PM|
|M11||Public Utilities: Power & Railways, Cutting the Gordian Knot Video Part 1 Video Part 2||Friday June 16||10:30 AM-1 PM|
|M12||State Capacity, Fiscal Capacity, and the Social Sector in India Video||3:00 PM-5:30 PM|
|M13||13A. Demonetisation Video||Saturday June 17||3:00 PM-5:30 PM|
|13B. India's Meta-Challenges: Exit and Ideas Video||3:00 PM-5:30 PM|
This will be converted into an appropriate MOOC course shortly