Economics & Strategy

Economics and Strategy is one of the key academic areas having a link with all post graduate programmes of NITIE. The area combines two broad disciplines, viz. Applied Economics and Strategic Management.

The area faculty members are interested to teach in a wide variety of contemporary courses and teach in the fellow programme, post graduate and executive programmes of the institute.

Faculty members undertake theoretical and empirical research on a large number of inter-disciplinary areas and engage in sponsored research from the industry, government agencies and international organizations. Faculty members regularly contribute in reputed international journals (Scimago, Scopus, ABDC), books, popular media, conferences and seminars.

The area regularly organises Management Development Programmes (MDPs) and Unit based Programmes (UBP) for the working executives for both the public and private sectors. The area has the expertise in offering need based management consultancy in performance evaluation and design of incentive schemes, economic impact analysis and policy evaluation, workforce planning, strategic consultancy, business analytics, quantitative analysis and corporate governance.

PG and Fellow programmes

Core Courses

  • Managerial Economics
  • Strategic Management


  • Macroeconomic Environment and Policy
  • Business Analysis and Econometric Applications
  • Economics of Regulation
  • Economics of Strategy
  • Environmental Economics
  • Global Trade and Institutions
  • Industrial Organization
  • International Business Strategy
  • Mergers and Acquisitions
  • Strategy and Organization
  • Strategy Planning and Organisation
  • Public Systems and Policy
  • Resource Economics
  • Industrial Resource Economics
  • Indian Economy
  • Behavioural Economics
  • Economic Application of Game Theory
  • Digital Economics
  • Economics of Retail and Distribution
  • Network Economics
  • Development Economics
  • Economics of Agri Business
  • Rural Economy
  • Public Finance
  • Carbon Market Analysis
  • Economics of Climate Change
  • Corporate Governance
  • Economics of innovation
  • Money and Banking
  • Growth and Structural Change
  • Urban Economics
  • Agglomeration Economics
  • Advanced Econometrics
  • Econometrics for Programme Evaluation
  • Environmental Valuation
  • Market Design

Management Development Programmes

  • Business Decision Making
  • Managerial Skills for Technical Personnel
  • Strategy and Leadership Development for Managers
  • Corporate Performance Measurement
  • Economic Tools for Managers
  • Productivity, Efficiency and Business Forecasting
  • Competition Policy
  • Economic Indicators for Managerial Decision Making
  • Network Market for Business Decision Making
  • Business Analytics for Customer and Employee Relationship Management
  • Business Analytics using Machine Learning Techniques in R and Python

Area Faculty

Prof. Binilkumar Amarayil Sreeraman
Prof. Binilkumar Amarayil Sreeraman
Research Areas - Economic of Renewable Energy and Distributed Energy Systems, Multi-modal mobility choice studies, Moral hazard of drivers and road safety, Regional Innovation Systems and Competitiveness of Industrial Clusters, Economics of Climate Smart Agriculture, Environmental and Natural Resource Economics, Non-market Valuation of Natural resoruces, Environmental Policy.

Prof. Som Sekhar Bhattacharyya
Prof. Som Sekhar Bhattacharyya
Research Areas – Strategic Management, International Business Strategy, Mergers and Acquisitions, Strategy and Organization,Strategic Corporate Social Responsibility

Prof. Utpal Chattopadhyay
Prof. Utpal Chattopadhyay
Research Areas- Globalisation and global competitiveness, economic environment of business, macroeconomic policies, economics of strategy, innovation and entrepreneurship, micro, small and medium enterprises.

Prof. Vijaya Gupta
Prof. Vijaya Gupta
Research Areas- Socioeconomic impacts of climate change, adaptation strategies in agriculture due to climate change, vulnerability assessment due to climate change, environmental policy, growth and environment, environmental valuation, industrial productivity, social entrepreneurship, developmental issues.

Prof. Mainak Mazumdar
Prof. Mainak Mazumdar
Research Areas -Applied game theory, Innovation networks, Micro, Small and Medium enterprises, Productivity and efficiency, Poverty

Prof. Poonam Singh
Prof. Poonam Singh
Research Areas-Firm Competition, Corporate Governance in Family Firms, Financial Inclusion, International Trade and Policy, Mergers and Acquisitions, Micro, Small and Medium Enterprises, Public Policy.
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