Webinar Series

Reflections on Development Economics


The Economics Department, Presidency University regularly organizes online lectures by distinguished faculty members from renowned institutes in India and abroad.

Interested persons are welcome to register. Participants should register for each event separately using the link given with each event. Registration event will close two days before the event. A Google meet link will be sent on the day of the event to all those who register before the deadline.

Please note that we are not providing any certificate, e-certificate or feedback form.

Contact email: presiecon2019@gmail.com for further details

Dipak Banerjee Memorial Lecture, 2021:

The Challenge of Morality in Economics

Kaushik Basu

Professor of Economics and Carl Marks Professor, Cornell University

Much of traditional economics makes no reference to morals. Yet we know from our experience, even if not from our textbooks, that morals matter, affecting not just social and political outcomes, but economic growth and welfare. The lecture will delve into this subject, showing that the connection between moral behavior and economic outcomes is more complex than may appear at first sight. It will be shown that, in strategic environments with many individuals, having the moral intention may not be sufficient. In fact, it can backfire, causing a deterioration in overall welfare. The lecture will delve into questions of how we can solve this challenge of morality, answering some questions but also leaving some open ones for the future.

Date: 22 December 2021 (Wednesday) at 8.00 PM IST

Registration is free but compulsory. Please register using this Google form. Last date for registration is 20 December 2021 (5.00 PM).

Please see brochure for information about the event.

Nirmal Kanti Majumdar Endowment Lecture 2021


Prof. Amitava Krishna Dutt, Notre Dame University: Varieties of Macroeconomics in the 21st century, 25 October 2021 (7.00 PM IST)

Video of lecture

Prof. Sudipto Dasgupta, Chinese University of Hong Kong: Stakeholder governance, 29 October 2021 (3.30 PM IST)

Video of lecture

Prof. Kaushik Mitra, Birmingham University: Adaptive learning in Macroeconomics, 29 October 2021 (6.00 PM IST)

Video and Slides of lecture

Prof. Gary Dymski, Leeds University: Caught between the wheels of empires and the enchanted financial world?  India at the global macroeconomic crossroads, 12 November 2021 (3.30 PM IST)


You are requested to register for the events by 10 November 2021 before 5.00 PM by filling in this form

For more details about the vent, including abstracts and introduction to speakers: Brochure

Mausumi Das

Professor, Institute of Economic Growth, Delhi

Culture and Market : A Macroeconomic Tale of Two Institutions

(with Priyanka Aurora)

Date: 30 September 2021 (Thursday) at 5.30 PM

In this paper we model endogenous evolution of cultural traits which is mediated through the market, and examine its impact on long run economic growth. Historically culture has played an important role in the process of economic development. Yet, economic development itself impacts upon the pre-existing cultural values and beliefs. We interact culture with market and show that such interaction may generate multiple growth trajectories depending on the initial distribution of cultural traits in the economy. In particular, an economy may end up in a culture-induced low growth trap in the long run. We also show that over time, with economic development, culture takes a back seat but its initial influence continues to impact long run outcomes.

Kaustav Das

Department of Economics, Finance and Accounting at the University of Leicester, School of Business

Exogenous Shock and Electoral Outcomes: Re-examining the Rational Voter Hypothesis

Co-authored with Atisha Ghosh (Warwick University) and Pushkar Maitra (Monash University)

Date: 24 August, 2021 (Tuesday) at 5.00 PM IST

Video of lecture

Sanchari Roy

Senior Lecturer in Development Economics, Department of International Development, King’s College, London

The gendered crisis: Livelihoods and mental well-being in India during COVID-19 Co-authored with Farzana Afridi (ISI Delhi) and Amrita Dhillon (King's College London)

Date: 20 August, 2021 (Friday) at 5.00 PM IST

Video of lecture

Upcoming lectures

Mausumi Das, Institute of Economic Growth, New Delhi

Sumit Agrawal, National University of Singapore

Nirmal Kanti Majumdar Endowment Lecture Series (In October-November 2021)

Professor Abhirup Sarkar of Economic Research Unit, Indian Statistical Institute, Kolkata, will deliver a lecture on “Understanding the Economic Consequences of Farm Billson February 15, 2021 at 6.00 PM. Professor Soumyen Sikdar of Indian Institute of Management Calcutta will chair the session.

The lecture is in honor of Prof. Amita Dutta, former faculty of the department (1969-1983).

Mon 15 Feb 2021 17:45 – 20:15 India Standard Time - Kolkata

To listen to the lecture: Video of lecture

Prof. Jonathan Morduch: The past and future of microcredit

Date: 8 January (Friday) 2021

Time: 7.30 PM IST (9.30 AM New York Time)

Prof. Jonathan Morduch is currently Professor of Public Policy and Economics at the Robert F. Wagner Graduate School of Public Service, University of New York. He is a development economist most well known for his significant academic contributions to assessing the impact of microfinance since the early years of the movement.

Prof. Morduch has taught on the Economics faculty at Harvard University, and has held visiting positions at Stanford, Princeton, Hitotsubashi University, and the University of Tokyo. Prof. Morduch has worked with the United Nations and World Bank, and advises global NGOs.

Video of his talk is posted on Youtube.

Prof. Kaivan Munshi: Cooperation in Networks

Date: 16 & 17 December 2020

Time: 7.30 PM IST (9.00 AM Connecticut Time)

Prof Kaivan Munshi is currently Professor of Economics at Yale University and previously Frank Ramsey Professor of Economics at the University of Cambridge. His research career has been devoted to the analysis of social institutions and their interaction with economic activity.

His current research focuses on the relationship between economic development and health and on the community origins of entrepreneurship in India and China.

He was the recipient of the Infosys Prize in the Social Sciences in 2016.

Lecture 1: 16 December (Wednesday)

Social capital and social quilts: Network patterns of favor exchange

Lecture 2: 17 December (Thursday)

The community origins of private enterprise in China

Please register using this link.

Past lectures in series

Anindya Sundar Chakrabarti,

Assistant Professor of Economics, Indian Institute of Management Ahmedabad

Pandemics and economic development: Evolution of institutions, inequality and technology

6th August (Thursday), 5.00 PM


Anup Kumar Sinha

Professor, Economics Group,

Indian Institute of Management Calcutta

COVID-19: Managing health and wealth

14th August (11.30 AM)

Video: Click here

Sumon K Bhaumik

Chair Professor of Finance, Management School, University of Sheffield & Research Development Director (Finance), Accounting & Financial Management division.

Governance: Some issues

21st August (Friday) at 5.00 PM IST

Video of talk: Click here

Dr. Kaushik Chaudhuri

Leeds University Business School

Dr. Anindita Chakrabarti

Leeds University Business School

Mortality from COVID-19: The interaction of ethnicity and deprivation, and its spillover in England

24th August (Monday), 5.00 PM Video of talk: Please click here

Ranjit Manchanda

Professor of Gynaecological Oncology, Barts Cancer Institute, Queen Mary University of London

Population testing: A new paradigm for cancer prevention

28th August (Friday), 5.00 PM


Chinmay Tumbe

Assistant Professor, Indian Institute of Management Ahmedabad

India and the influenza epidemic of 1918

1st September (Tuesday), 11.00 AM


Lakshmi Iyer

Associate Professor, Economics

Notre Dame University, USA

Title: Gender quotas and crimes against women: Evidence from India and Indonesia

Date: 7 September 2020 (Monday) at 7.00 PM

Subhasish Dey

Economics Department,

University of Warwick

Does a legal ban on pre-natal sex determination improve female educational attainment? Evidence from India

Date: 11 September, 2020 (Friday) at 5.00 PM

Video of talk: Click here

Maitreesh Ghatak, FBA

Professor of Economics, London School of Economics

Parikshit Ghosh

Associate Professor, Delhi School of Economics

On the design of a safety net for the poor

Date: 17 September, 2020 (Thursday) at 5.00 PM

For slides of talk: click here

For video of talk: click here

Sushanta Kumar Mallick

Professor of International Finance,

School of Business and Management,

Queen Mary University of London

Does easing access to foreign financing matter for firm performance?

Date: 18 September, 2020 (Friday) at 5.00 PM

For video of lecture: Click here

Sudipta Sarangi

Professor & Head

Economics Department,

Virginia Polytechnic & State University

Chandan Kumar Jha

Assistant Professor,

Madden School of Business,

Le Moyne College, USA

Arable land in antiquity and modern gender inequality

Date: 25 September 2020 (Friday) at 6.30 PM

Video of talk: Click here

Pushkar Maitra

Professor, Dept. of Economics,

Monash University, Australia

The long shadow of infrastructure development: Railways in Colonial India

Date: 2 October 2020 (Friday) at 11.30 AM IST

Video of talk: Click here

Tridip Ray

Professor, Economics & Planning Unit,

Indian Statistical Institute, Delhi

Congested Markets: Public versus Private Provision, Inequality and Competition

Date: 16 October, 2020 (Friday) at 5.00 PM