P. Murali Prasad

PhD (University of Hyderabad)

Professor, Department of Economic Sciences

Research Interest



  • PhD, University of Hyderabad, Hyderabad, 1999
  • Master in Law and Economics, University of Hamburg,
    Hamburg. 1996
  • M.Phil, S. V. University, Tirupati, 1990
  • M.A., S. V. University, Tirupati, 1987
  • B.A., S. V. University, Tirupati, 1985



  • 22 courses in 4 years (i.e., 2008-09 to 2011-12):

  • 1. MSc., Integrated (5 Years) Economics

  • 2. PhD Economics Program, and Environmental Engineering and Management programs

  • 55 courses in 14 years. 37 Courses were of our specialized areas:

  • 1. Law and Economics

  • 2. Environmental Economics.


  • December, 2019- to date: Indian Institute of Technology Kanpur, Kanpur: Professor

  • May, 2009-December, 2019: Indian Institute of Technology Kanpur, Kanpur: Associate Professor

  • December, 2003- May, 2009: Indian Institute of Technology Kanpur, Kanpur: Assistant Professor

  • July, 2001- December, 2003: Gokhale Institute of Politics and Economics, Pune: Lecturer

  • May, 1999- June, 2001: National Council of Applied Economic Research, New Delhi: Consultant


  • Books

  • Panta Murali Prasad, and Ranita Nagar, Ed., Law and Economics: Markets, Non-markets and Network Transactions, Vernon Press, Spain, 2019

  • Ranita Nagar, Prasad P M, and Pavan Mamidi, Ed., Breaking New Ground: Dispatches on Law and Economics, Eastern Book Company (EBC), India, 2016

  • Business, Consumer and Government: Economic and Legal Perspectives (India and Germany), New Delhi, Mittal Publications, 2001

  • Articles

  • Panta Murali Prasad and Manoj Dalvi, Credence Services: The Role of Liability System in India, Artha Vijnana, Vol. 62, No. 1, pp. 62-74.

  • Naveen Bali, Panta Murali Prasad, and Manal Antelo., Sustainable performance-oriented production practices in Indian iron and steel industry: An empirical investigation, Journal of Cleaner Production, 226, pp. 379-391.

  • Prasad Panta, et al., The impact of groundwater contamination on households expenditure: The Indian metropolitan cities, Water Utility Journal, Issue 18, pp. 39-50.

  • P M Prasad, “E-Flows in the Ganga River: A case Study of Tourism”, Journal of Administrative Reforms, Department of Administrative Reforms & Public Grievances, GoI, pp. 19-33.

  • "Environmental Protection: The Role of Regulatory System in India", Economic and Political Weekly, Vol. 41, Number 13, April 1, 1278-1288.

  • “WTO and Its Implications for Sustainable Development: The Role of Engineers” Directions (Interface between Economics and Technology), Indian Institute of Technology Kanpur, Vol. 7 (4), May 2006, pp. 86- 91.

  • "Environmental Protection: The Role of Liability System in India", Economic and Political Weekly, Vol. 39, Number 3, January 17-23, 257-269.

  • "The relative efficiency of Liability vs. Regulation in providing incentives to the tortfeasor" Journal of the Indian Law Institute, Vol. 41, Numbers 3&4, pp.405-428.

  • Papers published in Conference Proceedings

  • P M Prasad et al., Sustainable Development Cities: The Role of Zoning Policy in India”, International Sustainable Development Research Conference, June, Trondheim, Norway.

  • Dr. Manoj Dalvi, Dr. P. Murali Prasad and Dr. Blaine Walgren, “Hedging Judicial Risks: An Application to US versus Microsoft”, Northeast Business & Economic Association Conference Proceedings, Montclair State University, Montclair, New Jersey, October 3-4, 2003.


  • P M Prasad et al., “Health Care Professionals and the Consumerism in India”, Scholars’ Colloquia, as part of the Summer 2019 program, Chicago Law School, Chicago, USA.

  • P M Prasad et al., “Scientific and Economic Analysis of Groundwater Contamination at Chennai in India”, EEA, New York, USA.

  • P M Prasad & Manoj Dalvi, “Credence Services: The Role of Liability System in India” , 4th ICLE, GIPE, Pune, India.

  • P M Prasad et al., “The Impact of Urban Land Use on Groundwater in Chennai”, 3rd ICLE, IIMA, Ahmadabad, India.

  • P M Prasad et al., “Standard Form of Contracts and the Housing Market in India from the Perspective of Efficient Breach of Contract”, 3rd ICLE, IIMA, Ahmadabad, India.

  • P M Prasad & Sebastian V. “Credence Services in India: The Role of Consumer Disputes Redressal Agencies”, 1st ICLE, GNLU, Ahmadabad, India.

  • P M Prasad et al., “Economics of Contract and the Market for Houses:The Role of Liability System in India”, 1st ICLE, GNLU, Ahmadabad, India.

  • P M Prasad, “Credence Services and the Liability System in India: A Preliminary Study” SSSIHL, Prasanthi Nilayam Puttaparthi, India.

  • P M Prasad, “Ganga River Resources and the Livelihood: In the Perspectives of River bed Farmingand Ferry Services”, ISSRM, Hannover, Germany.

  • P M Prasad et al., “Sustainable Development Cities: the role of Zoning Policy in India”, ISDRC, Trondheim, Norway.

  • P M Prasad, “Zoning Policy in Indian Mega Cities: An Over View”, TUM Alumni Expert Seminar: Megacities- Urban development with focus o transportation and water, Sao Paulo, Brazil

  • P. M. Prasad, “Sustainable E-Flows in the River Ganga: A Livelihood Perspective”, ISDRC, New York, USA.

  • P. M. Prasad & Amruthanshu, “Zoning and the Environment: Study of New Delhi”, AsLEA, Fukuoka, Japan.

  • P. M. Prasad & K N Narasimha, “Nations’ Security and the Environment: A Case Study of Intensive Military Training Activities in India”, ISSRM, Park City, Utah, USA,

  • P. M. Prasad, “Intensive Shrimp Farming in Fertile Coastal Agricultural Land and Its Implication on Sustainable Development of Rural India”, GBPUA&T, Pantnagar, India.

  • P. M. Prasad & Amruthanshu, “Zoning Policy in Indian Mega Cities”, IPHS, New Delhi, India.

  • P. M. Prasad, “Urban Land Use in India: A Case Study of Urban Development Authorities”, JNU, New Delhi, India.

  • P M Prasad, “Environmental Protection: The Role of Liability System in India” Environmental Policy Research Centre (FFU), Berlin, Germany.

  • P. M. Prasad, "Liability versus Regulation in the context of Private Practitioners: With reference to Consumer Protection Act, 1986", ISEC, Bangalore, India.

  • P. M. Prasad, "Consumer Protection: The role of Alternative Legal Systems in India”, CESP, JNU, New Delhi, India

  • P. M. Prasad, "Consumer Protection: Role of Consumer Dispute Redressal Agencies (CDRAs) as an Ex-post Approach in India”, LALEA, Caracas, Venezuela.




  • Naveen Bali, “The Economics of Global Warming: A Case Study of Iron and Steel Industry in India”, 2015.
    Methodology: Sustainable-Structure-Conduct-Performance (S-SCP) Paradigm

  • Mukhul Joshi, “A Study of Innovative Entrepreneurs and Entrepreneurial Innovators in the context of New Venture Creation: Holistic Value Centric Innovation-Entrepreneurship Model”, 2018. (Joint Supervisor)

On going:

  • Abhishek Kumar “Urban Water Resources Sustainability and the Residential Water Prices in India”. 22 courses in 4 years (i.e., 2008-09 to 2011-12):
    M. Tech., Environmental Engineering and Management Programme



  • Lt Col Narasimha, “Nation’s Security and the Environment: A Case Study of Intensive Military Training Activities in India”, 2006.

  • A Srivastava, “Zoning Policy and the Environment: A Case Study of New Delhi”, 2007

  • Avantika, “Social Cost of Thermal Power Plants: A Scientific and Economic Perspective”, 2013 (Joint Supervision)

  • M Gupta, “Sustainable Development Cities: A Case Study of Chennai”, 2015

  • Rathnesh Kumar, “Ground Water Contamination in Chennai: Health and the Associate Costs to the Households”, 2016 (Joint Supervision )

M.Sc., Economics (5 Years) Integrated Program


  • Ajit Kumar Ranjan “Oil Price Shocks and Inequality” , 2009-10, (DAAD-Subject specific project- Joint Supervision)

  • Amit Bhawashinghka “Designing a Cap-and – Trade System for India” 2009-10, (DAAD-Subject specific project- Joint Supervision)

  • Anges Stimpul “Analysis of Factors Influencing Sales of Automobiles in India”, 2010 (DAAD-Subject specific project- Joint Supervision)

  • Benjamin Hein “Customer Segmentation in the Indian Chemical Industry” 2011-12, (DAAD-Subject specific project- Joint Supervision)

  • Namrata Kiran “Economic and Legal Aspects of FPOs in India”, 2015


  • DAAD Sandwich Model Fellowship, 1995-97

  • DAAD: Honorary Advisor, 2006-09

  • Erasmus Mundus Faculty Mobility Scholarships


Total Funding: Rs. 10 million

On going project-

  • Socio-economic costs of Road Crashes – the Role of ex-ante and ex-post policies

  • Operationalising Ethical Frameworks in the critical technologies industries operating in India and Australia

  • MSc., Economics Integrated (Five Years) Program, 2005

  • Generation of funds for the Program- Euros 100000, 2009-2012

  • DAAD Lectureship in Economics

  • Department of Economic Sciences, 2017

  • Coordinator, Erasmus Mundus Mobility Programs, Students/faculty mobility- Euros 12,00,000, 2009-2015

  • Chairman, Senate Post-Graduate Committee, 2012-2013


Office Phone: 0512-259-7693 (O) / 0512-259-8355 (R)

Email: pmprasad[AT]iitk.ac.in, pmuraliprasad[AT]gmail.com


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