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The PhD (Economics) program (with an enrolment capacity of 20 scholars per year/session) consists of two parts. The first part consists of three papers (which are common to PhD and MPhil programs), each carrying 4 credits, totaling 12 credits together, to be taught in a Semester, followed, in the second part, by a thesis/dissertation to be prepared by the student under the guidance of a research supervisor.

Course No.	Name of the Course	Contact Hours	Credits
Paper-I	Research Methodology in Economics	48	04
Paper-II	Contemporary Economic Issues	48	04
Paper-III	Recent Advances in Economic Theory	48	04
Dissertation/Thesis

It may be noted that the PhD program of the Department is regulated by the UGC (Minimum Standards and Procedure for Awards of MPhil/PhD Degree) Regulation, 2009 published in the Gazette of India, July 11, 2009 (Vol III-Sec 41).

As mentioned earlier, all PhD students have to undergo the Pre-PhD Course Work conducted by the Department. The course work has three papers, each of them carrying four credits, and thus the course work carries 12 credits in all. In Paper-I (Research Methodology), Credit-I deals with methodological issues in economics research, while Credits II and III contain topics in Basic Statistics and Basic Econometrics which are rather essential for research students in economics. The students are expected to be familiar with the research studies of famous economists listed in Credit-IV. Papers on Contemporary Economic Issues (Paper-II) and Recent Advances in Economic Theory (Paper-III) are divided into two groups. Each group consists of a number of topics and the students are required to choose any two topics from each group. Each topic carries one credit. The syllabus may be downloaded for details.

The assessment of the performance of the students may include (i) Assignments, (ii) Literature review on any given topic (ii) Book review (iii) Presentation of any two topics from papers II & III and (iv) Written examination based on the relevant Ordinance and Regulation of the University.