Economics of Public Policy

This course explores the profound impact of public policy on economic systems. The objective is to familiarise scholars with the essentials of an economic system and how various public policy instruments influence it. Participants will delve into the basic concepts and analytical frameworks of Macroeconomics and Public Finance, providing a robust foundation for understanding fiscal and monetary policies. The course critically examines specific policy measures implemented in India, assessed through the conceptual lens introduced in the sessions. Additionally, scholars will engage with case studies that explore specific objectives and the practical application of public policies. This comprehensive approach ensures a deep and practical understanding of the economic implications of public policy, making it an essential course for those looking to navigate and influence economic policy effectively.

Pronab Sen

Professor at ISPP, Former Principal Economic Adviser, Planning Commission