Dr. Mahima Gupta is an economist specializing in Macroeconomics, Public Finance, and Applied Economics. Dr. Mahima Gupta holds over five years of academic experience in teaching and research. Her doctoral thesis, “A Study on Dynamic Fiscal Multipliers,” examines how the effectiveness and transmission of fiscal multipliers evolve across varying structural characteristics of economies.

She previously worked as a Consultant with the Macro Finance Team at the National Institute of Public Finance and Policy (Ministry of Finance, Government of India). Her research portfolio includes exchange rate regime analysis, herding behaviour of Foreign Institutional Investors using Securities and Exchange Board of India data, fiscal sustainability of government health insurance schemes, and district-level health outcome analysis using NFHS and CMIE datasets.

Dr. Gupta has also taught at leading colleges under the University of Delhi and served as Adjunct Faculty with Golden Gate University. Her work integrates empirical methods, econometric modelling, and policy analysis, with a strong commitment to bridging academic research and practical economic decision-making.

Areas of Expertise</4>

• Macroeconomics; Public Policy; Applied Economics

Qualifications/Education

• PhD Economics (IIT Delhi) July 2025
• Masters in Economics ( JNU) May 2017
• UGC-NET Qualified 2017
• BA (Hons) Economics (Delhi University) 2015

Professional Experience

Dr. Mahima Gupta has extensive teaching and research experience in Economics across premier academic and policy institutions. She has taught Microeconomics and Macroeconomics at several leading colleges under the University of Delhi, including Hindu College, Lady Shri Ram College for Women, Sri Guru Gobind Singh College of Commerce, Shyama Prasad Mukherjee College, and Sri Venkateswara College. She has also served as Adjunct Faculty at Golden Gate University for online Microeconomics courses.

Her research experience includes serving as a Consultant with the National Institute of Public Finance and Policy (Ministry of Finance, Government of India), where she worked under senior economists on macro-finance, exchange rate regimes, fiscal sustainability of health insurance schemes, investor behaviour using Securities and Exchange Board of India data, and district-level health economics analysis using large datasets such as NFHS and CMIE.

Her work reflects strong training in empirical research, econometric analysis, and policy-oriented economic inquiry.

Courses Taught

• Macroeconomics
• Microeconomics
• Statistics
• Econometrics

Publications

• Gupta, M., & Dubey, A. – Transition of Sub-National Fiscal Multiplier across Structural Characteristics – Evidence from Indian States Applied Economics. ABDC – A, Taylor & Francis Journal
  (https://doi.org/10.1080/00036846.2025.2542569), WOS SSCI Economics Ranking – Q2, Impact Factor – 2.1, Cite Score – 4.1.
• Gupta, M., & Dubey, A. Structural Characteristics and Non-linear Fiscal Multipliers. Economic
  Systems, Elsevier (https://doi.org/10.1016/j.ecosys.2024.101247). ABDC – B, WOS Journal
  SSCI Economics Ranking – Q1; Impact Factor – 3.3, Cite Score – 5.3.

Presentations

Conducted a session on the Macroeconomic databases at Jaipuria Institute of Management Noida for training Phd and Research scholars.

Awards and Recognitions

• Received an outstanding paper award at Strategic Management Forum 2025 organized at IIM JAMMU in collaboration with NITI Ayog.
• Research Scholar Travel Award by IIT Delhi) for research paper presentation at Prague university of Business and Economics in 2023.

Conferences

International Conference

• Gupta, M., & Dubey, A. (August 20-22nd, 2025) – International Institute of Public Finance, 81 st Annual Congress at USIU, Nairobi, Kenya. (Full-Travel Grant support received from ICSSR)
• Gupta, M., & Dubey, A. (September 11-13 th, 2023) – International Conference on Economics, Finance and Business, Prague, 2023.

Indian Conference

• Gupta, M., & Dubey, A. (February 8-9 th 2024) – Annual Conference in Economics and Finance, Bits Pilani, Hyderabad Campus.
• Gupta, M., & Dubey, A. (March 7-8 th 2024) – International Conference on “Recent Developments in Economics Research: Theory and Evidence” organized by Centre for International Trade and Development, Jawaharlal Nehru University.
• Gupta, M., & Dubey, A. (June 2024) – Annual Conference on Economics and Public Policy, Jindal School of Government and Public Policy, O.P. Jindal Global University.
• Gupta, M. & Dubey, A. (16-19 th December 2025) – Strategic Management Forum 2025 organised a conference at IIM Jammu in collaboration with NITI Ayog (Outstanding Paper Award received).

Key Projects/ Consultancies

• Served as Consultant at NIPFP ( July 2017 – January 2019) – Worked on the project with CAG titled as “Performance Audits of Hospital Management System in Uttar Pradesh

Professional Memberships

• IIPF Membership