Aditya Goenka

• PhD Cornell University (1991)
• MS Cornell University (1989)
• BA St. Xavier’s College, University of Bombay (1985)

Professor Aditya Goenka did his undergraduate studies in India, and his graduate studies at Cornell University, USA.

His first position was at London School of Economics. Prior to joining University of Birmingham in 2015, he spent most of his academic career at University of Essex and the National University of Singapore. 

He has taught microeconomics (undergraduate to PhD levels), macroeconomics (undergraduate to PhD levels), mathematical economics (undergraduate to PhD levels), monetary economics (undergraduate to PhD levels), corporate finance (masters), market microstructure (masters), asset pricing (masters), industrial organization (undergraduate). 

Aditya led the reform of the PhD programmes in Economics at University of Essex and National University of Singapore to 4-year integrated PhDs. He initiated two new MSc programmes at University of Essex, and has served as External Examiner to London Guildhall University, London School of Economics, University of East Anglia University of Essex, University of London (External Studies), and University Manchester, 

He has taught internationally in USA (Carnegie-Mellon University), Singapore (NUS), Mexico (ITAM), and Vietnam (VCREME).  He has been a research visitor to CEPREMAP, Cornell University, INET (Cambridge University), Kyoto Institute of Economic Research, Syracuse University, University of Cagliari, University of Paris I, and University of Rochester. 

Professor Goenka has been on the programme committees of major international conferences (Royal Economic Society, Society for Advancement of Economic Theory, Workshop on General Equilibrium Theory, Frontiers in Economics 4 Ukraine) and has organised over 20 conferences and workshops. 

• Advanced Microeconomic Theory, Third Year BSc
• PhD Microeconomics

• Currently supervising one PhD student and second supervisor to one student.
• Primary supervisor of 12 PhD’s in the past, and supervisory committee for 11 PhDs.

Professor Goenka current main research is in the area of economic epidemiology which is the interaction of infectious diseases with the economy. Motivated by the effect of new pandemics like SARS and endemic diseases such as malaria, TB, and HIV/AIDS,along with his co-authors, he was one of the first to model this key problem in a dynamic general equilibrium approach well before the Covid-19 pandemic. This expertise has led him to the only academic economist advising the UK Government on a permanent basis of Covid containment policies. 

The focus of his doctoral thesis and subsequent research was on the possibility of self-fulfilling economic fluctuations (also known as sunspot equilibrium and extrinsic uncertainty) and their stabilization. This is at the intersection of general equilibrium theory and non-linear dynamics. 

He has published on issues such as existence of competitive equilibrium, incomplete markets, indeterminacy and chaos in dynamic general equilibrium models, and strategic use of information. 

The motivation of his research is to solve real-world problems whether they be stabilization of business cycles, growth and poverty, credit market imperfections, pollution and climate change, and the effect of infectious diseases on welfare.

• Advisory committee on moneylending, Ministry of Law, Singapore, 2015.

 Please see CV for more details.