Indira Gandhi Institute of Development Research

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The Indira Gandhi Institute of Development Research is a research institution dedicated to promoting scientific research on the developmental issues facing India. It was founded by an alumnus of the Indian Institute of Technology Kharagpur.

Located at Goregaon (east),the institute is at 15 minutes distance by public bus from the Goregaon railway station in Mumbai suburban railway system and 20 minutes drive from Mumbai’s national and international airports. The institute has a 14 acre campus campus, whose architecture is enthused by the historical Elephanta Caves and Jogeshwari Caves.

[edit] History

The Indira Gandhi Institute of Development Research (IGIDR) is an enhanced research institute recognized by the Reserve Bank of India for hauling out research on development issues from a multi-disciplinary points of views. After its registration as an independent society on November 14, 1986 and as a public trust in January 15,1987, then Prime Minister, Shri Rajiv Gandhi instate the campus at Goregaon on December 28, 1987. Subsequently, the Institute was established as a Deemed University under Section 3 of the UGC Act.

[edit] Courses Offered

M.Sc. IN ECONOMICS This is a two-year programme, which teach students with a thorough and hands-on training in Economics, with special emphasis on analytical and problem solving skills as well as exposure to rising policy issues at the national and international levels. This programme involves a successful completion of either 16 courses or 14 courses and a Masters thesis. It is aimed at all those with necessary quantitative prerequisites who would like to be grounded in economic analysis.

This is a two-year programme. First Year course work exclusively focuses on the following compulsory courses:

Microeconomics-I and II,
Macroeconomics-I and II,
Statistics and Econometrics-I and II,
Mathematics for Economics,
and Development Economics.

In the second year, students need to take three additional compulsory courses viz., (i) Indian Economy (ii) Energy and Environment-I and (iii) Public Economics.

In addition, they need to complete five optional courses or three optional courses and a Masters thesis. The following is a list of possible optional courses: Games and information, Industrial organization, Topics in public economics, Time series analysis, Applied econometrics, Monetary economics, Applied general equilibrium models, Economy-wide models, Issues in industrial economics and corporate finance, Financial economics, Agricultural economics, Theory of institutions, Topics in economic theory, Themes in human deprivation, International political economy, Energy systems studies, Environmental economics, Energy and Environment-II, Environmental science and technology and Environmental management.

M.Phil. IN DEVELOPMENT STUDIES M.Phil. programme involve successful execution of course work as well as submission of thesis. M.Phil./Ph.D. stream students who would like to register for a Ph.D. degree need to pass a set of comprehensive examinations, additionally to the prescribed course and grade requirements.

M.Phil. students need to take ten courses (six compulsory and four optional) with a minimum of eight of these to be completed in the first year. Of the courses completed in the first year, six must be selected from the following set of core courses, viz.,

Microeconomics I and II,
Macroeconomics I and II,
Statistics and Econometrics I and II,
Energy and Environment I and II,

with at least two complete sequences covered (a complete sequence for example would be Microeconomics I and II). The remaining four courses must be chosen from the list of possible optionals. This list includes all the optionals as well as those core courses (listed in the M.Sc. programme) that the student has not taken as compulsory. If a student so chooses, s/he can complete all ten courses in the first year. Those students who already possess a Masters degree in Economics may get a pass-through in certain courses provided they clear a set of examinations. In addition, students who wish to have the M.Phil. degree, are required to submit an M.Phil. dissertation. For continuation in the programme as a Ph.D. student, the student has to pass a set of comprehensive examinations and is expected to write a Ph.D. thesis within the stipulated time frame.

Ph.D. IN DEVELOPMENT STUDIES The Ph.D. programme is designed to create academic researchers as well as professionals who are competent of conducting policy analysis, concerning to national and global economic and development issues, in a quantitative and inter-disciplinary manner. While an interdisciplinary loom is encouraged, the programme rests somewhat larger prominence on economics to provide an integrating framework within which various development issues can be addressed. Ph.D. students are likely to submit their thesis within four years of joining the Institute.