Meghnad Desai Academy is conducting its elective on “International Political Economy” for its current batch. The elective is being taught by Dr. Indradeep Ghosh, PhD MIT and Associate Professor, MDAE. We are offering students who are interested in pursuing the post graduate course a chance to attend a few lectures of this elective, in order to get an idea of the teaching style at the Academy & interact with faculty & students.
The timing of the lectures is as follows:
- 11th April – 9 am – 10:30 am
- 12th April – 9 am – 11 am
- 13th April – 9 am – 11 am
These lectures will cover the following topics.
- April 11 (Current Issues – China & US, TPP) – The recommended readings/viewings for this lecture are as follows:
- Youtube, America’s Election 2016: Trump Carolina – https://www.youtube.com/watch?v=ezvBs9SYxIY
- EconTalk, David Autor on Trade, China and US Labor Markets- http://www.econtalk.org/archives/2016/03/david_autor_on_1.html#
- Youtube, TPP: What Is It and What Does It Mean?- https://www.youtube.com/watch?v=CCy7QxjsSy4
- Youtube, Sanders to Senate: No on TPP – https://www.youtube.com/watch?v=J-fawXeTxlE
- April 12 & 13 (Exchange Rate Economics I) – The recommended readings for this class are as follows:
- Wolf, M., Fixing Global Finance, Chs. 3 & 4 (available in admin office for photocopying)
Prof. Ghosh’s Profile
Prof. Ghosh teaches courses in macroeconomics, political economy and financial crises at MDAE. Before MDAE, he taught various courses in macroeconomics, political economy, financial crises, money and banking, and computational economics, for 8 years at Haverford College, a small undergraduate liberal arts college located on the outskirts of Philadelphia in the USA.
In the field of macroeconomics, Prof. Ghosh has published original research in peer-reviewed journals on the relationship between trade and foreign direct investment and the China-US trade imbalance. Currently, his scholarship focuses on the monetary policy framework in India, in particular the tradeoffs that the Reserve Bank of India faces while conducting monetary policy, such as domestic price stability vs. exchange rate stability, or financial stability vs. public debt sustainability. In this area of research, a primary concern is how India’s capital account openness should be measured, and Prof. Ghosh is developing a quantitative index that will address this concern.
Outside of macroeconomics, Prof. Ghosh’s scholarly interest extends to alternative economic paradigms, and he has published work on one such alternative paradigm called “caring economics” which attempts to evaluate the contribution of work done within the household towards aggregate national output, and also highlights the importance of care work, especially work performed for the raising and nurturing of children in their early years. Prof. Ghosh is also interested in economics pedagogy, i.e., how economics is taught at the graduate and post-graduate levels, and in collaboration with one of his students, he has published a paper on the possibility of creating an Introductory Economics course that is pluralistic in orientation, meaning that it introduces students not only to the conventional or mainstream economic models, but also to alternative, heterodox frameworks.
Students who are interested in attending please write to us at info@meghnaddesaiacademy to confirm your place.