FLAME University


Learning from some of the best minds in education and in the industry
Prof. Debasis Rooj
Associate Professor - Economics
Email: debasis.rooj@flame.edu.in
PhD in Economics from Northern Illinois University, USA; M.Sc. in Economics; B.Sc. in Economics Honors

Debasis Rooj is an Associate Professor of Economics at the FLAME University. Before joining FLAME, he was an Associate Fellow at the Institute for Human Development, Ranchi, India. He has over 15 years of teaching experience in the US and India. Debasis teaches undergraduate and post-graduate courses in macroeconomics and financial economics. He has previously taught courses in business mathematics, econometrics, and financial econometrics. Dr. Rooj extensively imbibes real-life examples and data analysis in his teaching.

Dr. Rooj’s current research includes exploring the micro-macro linkages using household-level data. He has published in several reputed journals, including World Development, Economic Analysis and Policy, Economics Letters, Spatial Economic Analysis, Review of Economics of the Household, and Economics of Innovation and New Technology.

He has also provided research support for the Economic Survey of Jharkhand 2015-16 and 2018-19, Government of Jharkhand. He was also a part of a Government of Jharkhand sponsored evaluation program on creating awareness about protecting the environment and biodiversity.

His Ph.D. dissertation at Northern Illinois University, USA, explored the simultaneous linkages between the macroeconomy and financial market using a production-based DSGE model with long-run stochastic shocks. His paper titled Asset Pricing Implications in a Production Economy with an Investment-Specific Technology Shock won second prize at the Ph.D. Students’ Thesis Competition organized by the Illinois Economic Association, Illinois in 2010. He also received the Outstanding Teaching Assistant Award from the Department of Economics, NIU.


Published Work

  • Sengupta, R. and D, Rooj, (2016), An Econometric Analysis on the Effect of Janani Suraksha Yojana on the Utilisation of Antenatal Care by Women from Different Socio-Economic and Demographic Backgrounds in P. Sigamani, N. U. Khan and G Ramachandran, (2016), Public Health Infrastructure in Transition, (eds), New Delhi, Bloomsbury Publishers India Pvt. Limited, ISBN:978-93-85936-22-7, pages 86-111.

  • Sengupta, R. & D, Rooj, (2013), Can Poor Health in the Family Affect Individuals’ Labour Supply Decisions? Indian Journal of ResearchISSN: 2231-6655.

  • Sengupta, R. & D, Rooj (2013), Assessing the Impact of School Quality on School Dropouts: A Study of Schools in the Saharanpur District of Uttar Pradesh, Education and Health, Special Focus on Uttar Pradesh, E&H Foundation and Glocal University Collaboration, The Glocal University Press, ISSN: 2347-5072


  • Bayesian Estimation of a Dynamic Asset Pricing Model With Long-Run Risk, September 2013 at 13th International Conference on “Emerging Trends, Challenges & Opportunities in Global Business, Management, Tourism & Information Technology” (IC- GBMTI-2013), Goa, India

  • Assessing the Impact of School Quality on School Dropout Rates: A Study of Schools in Saharanpur, Uttar Pradesh, October 2013 at E &H conference, The Glocal University, Saharanpur, India

  • Implications in a Production Economy with an Investment Specific Technology Shock, Nov 2010 at Southern Economic Association, GA, USA

  • Bayesian Estimation of a Dynamic Asset Pricing Model with Long-Run Risk, Oct 2010 at Illinois Economics Association, IL, USA

  • Asset Pricing Implications in a Production Economy with an Investment Specific Technology Shock, Oct 2010 at Midwest Economic Association, IL, USA

  • Asset Pricing Implications in a Production Economy with an Investment Specific Technology Shock, Dec 2009 at Northern Illinois University, IL, USA

Research Projects

  • Jharkhand Economic Survey 2015-16, Department of Finance, Government of Jharkhand (r esearch contribution: Macroeconomic Overview, Public Finance, Labour and Employment and Education )

  • Evaluation of Harit Chetna Abhiyan, Department of Forest, Government of Jharkhand (survey design, questionnaire development, analytics and report writing)

  • Principal Data Collector, Impact of Reservation Policy on Underprivileged Population of West-Bengal, India, 2002-2003, University Grants Commission

Book Review

  • Principles of Economics, N. Gregory Mankiw, 2014, Cengage Learning

  • Principles of Economics by Dirk Mateer and Lee Coppock, 2014, W.W. Norton