Areas of Interest & Expertise
Civil conflict, Political Economy Natural Resources, Identity in Politics and Conflict, Informal Institutions , Agent based Modelling , Labour Markets, Economics of Networks
Anand Shrivastava is a faculty with the School of Arts and Sciences.
Anand teaches in areas around the economics of civil conflict, labour and public policy. His current research interests are in the use of computational methods in economics as well as in the role of informal institutions in economic processes.
He has a PhD in Economics from the University of Cambridge. His PhD dissertation was titled Conflict, riots and welfare: Essays on political economy and public finance in India. He also has an MPhil in Economic Research and a Graduate Diploma in Economics from the University of Cambridge and a BTech in Mechanical Engineering from IIT, Madras.
- Shrivastava, Anand. 2012. An argument without any basis’, Economic and Political Weekly, Vol XLVII, No. 38.
- Shrivastava, Anand. 2015. ‘Economic development and Maoist insurgency’, Ideas for India, 7 October, 2015.
- Iyer, Sriya, Anand Shrivastava and Rohit Ticku. 2017. ‘Holy wars? Temple desecrations in medieval India’, Ideas for India, 27 March, 2017.
Modern economic theory has developed a well-suited set of formal analytical techniques that require mathematical comprehension and a set of tools of scientific discovery that require sophisticated understandings of statistics, including analyses of causality. This course introduces students to the formal mathematical and statistical approaches used by economists in modeling and analysing the real world. It seeks to prepare students to develop the skills necessary to engage with more advanced electives in the undergraduate course which rely heavily on such approaches.
The field of microeconomics as practiced has moved very far from that taught in most standard economics courses. The outdated Walrasian approach, the staple of intermediate microeconomics courses assumes that individuals choose actions based on the far-sighted evaluation of their consequences, that they exhibit preferences that are solely self-regarding and exogenously determined and that social interactions take the exclusive form of contractual exchanges. This course, by contrast is designed to introduce students to currently practiced microeconomic theory, a field that is more capacious, that draws insights from multiple disciplines and that employs a far more diverse and sophisticated set of modeling tools than those embodied in the conventional approach.
Data plays a critical role in answering many important economic questions such as: What is the effect of education on wages? What determines economic growth? What was the impact of a given government policy? This is where econometrics come in. This course in econometric methods introduces students to the different econometric tools available to analyse data and equips them with the understanding and ability to choose appropriate methods to answer economic questions using data.
The objective of this course is to equip students with a thorough understanding of widely used microeconomic models. This course builds upon the Intermediate course where students were introduced to problem of social coordination and various approaches to deal with it. This course attempts to continue engaging with the question in a more formal and rigorous manner, while introducing students to advanced topics in game theory, decision theory, behavioural economics, general equilibrium theory and public economics.