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Mrinal Datta Chaudhuri

Mrinal Datta Chaudhuri is a astronomy topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand Mrinal Datta Chaudhuri rather than just read about it. In short: Mrinal Datta-Chaudhuri (1934–2015), popularly known as MDC, was an Indian theoretical economist, academic and a professor of the Delhi School of Economics. He was a member of the Institute for Advanced Study, Princeton.

Key takeaways

  • Mrinal Datta Chaudhuri belongs to astronomy; place it in that map before memorising details.
  • Learn the definition first, then one example that makes the definition concrete.
  • Connect Mrinal Datta Chaudhuri to a quantity you can measure, compute or draw — that is where exam questions come from.
  • Reproduce the core statement of Mrinal Datta Chaudhuri from memory before moving on to harder problems.

Reference excerpt

Mrinal Datta-Chaudhuri (1934–2015), popularly known as MDC, was an Indian theoretical economist, academic and a professor of the Delhi School of Economics. He was a member of the Institute for Advanced Study, Princeton. The Government of India awarded him the third highest civilian honour of the Padma Bhushan, in 2005, for his contributions to literature and education.

Biography Mrinal Datta-Chaudhuri was born on 4 January 1935 at Srigauri, a small village in Cachar, Assam, in East Bengal of the British India. He did his college education at Shantiniketan where he studied with Amartya Sen, who later won the Nobel Prize for economics, and Sukhamoy Chakraborty. He completed his post graduate education at Presidency College, Calcutta. Receiving a full-paid scholarship to pursue his doctoral studies at Massachusetts Institute of Technology, he studied under the guidance of Paul Samuelson, the first American Nobel Laureate in Economics who was later described by The New York Times as the foremost academic economist of the 20th century. The stint at MIT also gave him opportunity to study under Nobel Prize winners such as Robert Solow, Franco Modigliani and Kenneth Arrow and mingle with Joseph Stiglitz and George Akerlof, who would also go on to win Nobel Prize later. Datta-Chaudhuri secured his PhD in economics in 1966 and returned to India the same year to start his career at the Indian Statistical Institute to work for the next two years there as well as at Jadavpur University. He moved to Delhi School of Economics in 1968, reportedly on invitation from K. N. Raj, the author of the introductory chapter of the first Five Year Plan of India, as a professor of Economics and worked there until his superannuation in 1999. During this period, he served as the Head of the Department of Economics from 1974 to 1977 and as the director of the institution from 1986 to 1991. He also served as a visiting professor at University of California, Berkeley, University of Minnesota and Harvard University. Datta-Chaudhuri, a member of the Institute for Advanced Study, Princeton, was credited with several articles which included Market Failures and Government Failures published in the Journal of Economic Perspectives (1990) and contributions to texts such as the 75-page chapter on Interindustry Planning Models for a Multiregional Economy in the book Economy-wide models and development planning. He co-wrote one book, Regional Development Experiences and Prospects in South and Southeast Asia with Louis Lefeber and edited another, Development and Change: Essays in Honour of K. N. Raj. He had close association with Manmohan Singh and when the latter became the Finance Minister of India in 1991 during the economic crisis, Datta-Chaudhuri assisted him in the formulation of many policy decisions and remained a member of the unofficial think-tank during Singh's tenancy as the Finance Minister and later, as the Prime Minister. The Government of India awarded him the civilian honor of the Padma Bhushan in 2005. Towards the later days of his life, he had chronic obstructive pulmonary disease and moved to Pune to stay with his brother, Malay Dutta Choudhury. He died, aged 82, on 19 May 2015 reportedly due to cardiac arrest, at his brother's residence, survived by two sons from his second marriage, Timir Datta-Chaudhuri and Mihir Datta-Chaudhuri, his first wife had predeceased him.

References

Further reading Mrinal Datta-Chaudhuri (4 March 2002). "An eye for economy". Book Review — Glimpses of Indian Economic Policy By I.G. Patel. India Today. Retrieved 4 June 2016. Mrinal Datta-Chaudhuri (1990). "Market Failure and Government Failure". Journal of Economic Perspectives. 4 (3): 25–39. doi:10.1257/jep.4.3.25. S2CID 153956240. Mrinal Datta -Chaudhuri (October 1966). "The New Export Subsidy Scheme-A Note". Economic and Political Weekly. 1 (9).

External links "Mrinal Datta Chaudhuri". Economic and Political Weekly: 7–8. 2016. Retrieved 4 June 2016.

Worked examples

Example 1 — a first encounter with Mrinal Datta Chaudhuri

Start with the simplest possible case. Write down what Mrinal Datta Chaudhuri claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In astronomy, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to Mrinal Datta Chaudhuri before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about Mrinal Datta Chaudhuri ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of Mrinal Datta Chaudhuri

In research
Mrinal Datta Chaudhuri appears in astronomy research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry
Engineering practice reuses Mrinal Datta Chaudhuri in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom
Mrinal Datta Chaudhuri is common in secondary-school and first-year university syllabi. It links to neighbouring topics 1934 births, 2015 deaths, 20th-century Indian economists, so understanding it makes those chapters shorter.
In everyday life
Look for Mrinal Datta Chaudhuri outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.

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How to study Mrinal Datta Chaudhuri in 20 minutes

  1. Read the reference excerpt below once, without taking notes.
  2. Close the page and write down what Mrinal Datta Chaudhuri means in your own words.
  3. Compare your version with the excerpt and mark what you missed.
  4. Work through the three examples above with pen and paper.
  5. Explain Mrinal Datta Chaudhuri out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is Mrinal Datta Chaudhuri in simple terms?

Mrinal Datta-Chaudhuri (1934–2015), popularly known as MDC, was an Indian theoretical economist, academic and a professor of the Delhi School of Economics. He was a member of the Institute for Advanced Study, Princeton.

Why does Mrinal Datta Chaudhuri matter?

Because it connects several astronomy ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study Mrinal Datta Chaudhuri?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on Mrinal Datta Chaudhuri.

Tags

  • 1934 births
  • 2015 deaths
  • 20th-century Indian economists
  • 20th-century Indian educational theorists
  • Academic staff of Delhi University
  • Academic staff of Jadavpur University
  • Academic staff of the Indian Statistical Institute
  • Bengali scientists
  • Harvard University faculty
  • MIT School of Humanities, Arts, and Social Sciences alumni
  • People associated with Shantiniketan
  • People from Cachar district

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