The Economics Area provides the basic foundation for various managerial theories in other Areas such as Finance, Strategy, Marketing and Operations. The Area offers a number of core and elective courses such as Microeconomics, Macroeconomics, Econometrics, Development and Game Theory. The faculty members in the Economics Area are experts on a wide range of topics ranging from Microfinance, Industrial Organization, Corporate Governance and Development Economics. The courses in this area help students to apply economic logic to understand business decisions, firm strategies and impact of public policies on the economy and society at large.