Teaching
Undergraduate Courses:
1. Microeconomics: Theory and Practice
2. Principles of Economics
Postgraduate Courses:
1. Managerial Economics
2. Financial Econometrics
3. International Business
4. Entrepreneurship and New Ventures
Designation: Associate Professor
Department: Management Studies and Industrial Engineering
Email: irfan[at]iitism[dot]ac[dot]in
Contact Number:
Personal Page: Click Here
About Me: Prof. Mohd Irfan earned his Ph.D. in Economics from Indian Institute of Technology Kanpur in June 2013. His specialist education in economics has laid the foundation for his research in energy & environment economics. At IIT (ISM) Dhanbad, he is involved in both teaching and research, bridging economics and finance with sustainability, energy systems, and energy markets.
Research Interest: Economics - Energy Economics, Environmental Economics; Finance - Green/Clean Energy Finance, Energy Derivatives, Sustainable Finance
Undergraduate Courses:
1. Microeconomics: Theory and Practice
2. Principles of Economics
Postgraduate Courses:
1. Managerial Economics
2. Financial Econometrics
3. International Business
4. Entrepreneurship and New Ventures
Ph.D. in Economics, Department of Humanities and Social Sciences, IITKanpur
M.Com (Applied Economics), Lucknow University
B.Com, Lucknow University
Associate Professor, Department of Management Studies and Industrial Engineering, IIT(ISM) Dhanbad
Top 2% Scientists as per the Stanford University's List of 2025
Rank in "Energy" Field: 6862 Out of 343394 authors
|
2025 |
Krishna A, Parween K and Irfan, M. Shocks in green and conventional energy consumption and their impacts on economic growth: a revisit for China and India. International Journal of Energy Sector Management 19 (5), 1257–1285. [Q2; IF: 3.3] |
|
2024 |
Nibedita, B and Irfan, M. Energy mix diversification in emerging economies: An econometric analysis of determinants. Renewable and Sustainable Energy Reviews. 189, Part B,114043. [Q1; IF:17.79]
Mahapatra, B. and Irfan, M. Asymmetric adjustments between energy and labour efficiencies in India: new evidence using sectoral panel data analysis. Quality and Quantity 58, 3921-3948. [ ABDC-B]
SK Trivedi, A Singh, M Irfan, P Patra. Energy Transition, the Next Hotspot of Energy Research: A Study Using Topic Modeling. IEEE Transactions on Engineering Management 71. [ABDC- A]
|
|
M Irfan, B Mahapatra, RK Ojha. Energy Efficiency and Carbon Emissions in Developed and Developing Economies: Investigating the Moderating Role of Financial Development. Journal of Quantitative Economics 21, 437–455. [ABDC-B].
Mahapatra, B. and Irfan, M. Estimating energy efficiency using panel stochastic frontier approach: investigating its asymmetric impacts on employment in India. International Journal of Energy Sector Management 17 (2), 410-434. [Q2; IF: 3.3]
Nibedita, B and Irfan, M. The Dynamic Nexus Among Energy Diversification and Carbon Emissions in the E7 Economies: Investigating the Moderating Role of Financial Development. Emerging Markets Finance and Trade. 59, 14, 3968-3981.[Q2; IF: 4.895; ABDC-B] |
|
|
Irfan, M., Mahapatra, B and Shahbaz, M. Energy efficiency in the Indian transportation sector: effect on carbon emissions. Environment, Development and Sustainability. [Q2: IF: 4.895] |
|
|
|
Mahapatra, B. and Irfan, M. Investigating asymmetric impacts of total factor energy efficiency on carbon emissions in India. Environmental Science and Pollution Research. 30, 55340–55353. [Q2; IF:4.23].
|
|
2022 |
Irfan, M. and Muhammad, S. Low-carbon Energy Strategies and Financial Development in Developing Economies: Investigating Long-run Influence of Credit and Equity Markets Development. Mitigation and Adaptation Strategies for Global Change, 27(4):1-26. [Q2: IF:3.583] Nibedita, B. and Irfan, M. Analyzing the asymmetric impacts of renewables on wholesale electricity price: Empirical evidence from the Indian electricity market. Renewable Energy, 194: 538-551. [Q1; IF:8.00]
Irfan, M. and Ojha, R.K. Foreign direct investment inflows and energy diversification in emerging seven economies: Evidence from a panel data analysis. International Journal of Emerging Markets. [Q2; IF:2.488; ABDC-B]
|
|
2021 |
Nibedita, B. and Irfan, M. Non-linear cointegration between wholesale electricity prices and electricity generation: An analysis of asymmetric effects. Quality and Quantity, 56:285-303. [ABDC-B]
Irfan, M. Integration between electricity and renewable energy certificate (REC) markets: Factors influencing the solar and non-solar REC in India. Renewable Energy, 179:65-74. [Q1; IF:8.00] Mahapatra, B. and Irfan, M. Asymmetric impacts of energy efficiency on carbon emissions: A comparative analysis between developed and developing economies. Energy, 227:120485. [Q1; IF:7.14] Irfan, M., Yadav, S. and Shaw, K. The adoption of solar photovoltaic technology among Indian households: Examining the influence of entrepreneurship. Technological Forecasting and Social Change, 169:120815. [Q1; IF:8.59; ABDC-A] Irfan, M. Low-carbon energy strategies and economic growth in developed and developing economies: The case of energy efficiency and energy diversity. Environmental Science and Pollution Research, 28:54608–54620. [Q2; IF:4.23] Nibedita, B. and Irfan, M. The role of energy efficiency and energy diversity in reducing carbon emissions: Empirical evidence on the long-run trade-off or synergy in emerging economies. Environmental Science and Pollution Research,28:56938–56954.[Q2; IF:4.23] Irfan, M., Mahapatra, M. and Ojha, R.K. Examining the effectiveness of low-carbon strategies in South Asian countries: the case of energy efficiency and renewable energy. Environment, Development and Sustainability, 23(8): 11936-11952. [Q2; IF:3.22]
|
|
Das, R., Shaw, K. and Irfan, M. Supply chain network design considering carbon footprint, water footprint, suppliers’ social risk, solid waste, and service level under the uncertain condition. Clean Technologies and Environmental Policy, 22:337-370. [Q2; IF:3.63] Irfan, M., Saha, S. and Singh, S. K. Investigating the existence of environmental Kuznets curve hypothesis for South Asian region. In Chakraborty et al. (Ed.), Contemporary Issues in Sustainable Development: The Case of India, pp.209-228. Routledge Publications. Nibedita, B. and Irfan, M. Investigating the impact of energy use on carbon emissions: Evidence from a non-parametric panel data approach. Proceedings of the 7th International Conference on Advances in Energy Research, pp. 785-794. Springer Publications |
|
|
2019 |
Oppong, G. K., Pattanayak, J. K. and Irfan, M. Impact of intellectual capital on productivity of insurance companies in Ghana. Journal of Intellectual Capital, 20(6): 763-783. [Q1; IF:4.80; ABDC-B] |
|
|
Bandyopadhyay, A. and Irfan, M. Gender-based tobacco policies in Bangladesh and India: A prerequisite to counter the smokeless tobacco epidemic. Women and Health, 59(1):85-100. [Q2; IF:1.09] Bandyopadhyay, A. and Irfan, M. Educational and wealth inequalities in smokeless tobacco use: An analysis of rural-urban areas of Bangladesh and India. Substance Abuse: Research and Treatment, 13:1-8. [SCOPUS] |
|
2018 |
Irfan, M., Saha, S. and Singh, S. K. A random effects multinomial logit model for the determinants of exit modes: evidence from a panel of US manufacturing firms. Journal of Economic Studies, 45(4):791-809. [ABDC-B] |
|
2017 |
Irfan, M. and Shaw, K. Modeling the effects of energy consumption and urbanization on environmental pollution in South Asian countries: a nonparametric panel approach. Quality and Quantity, 51(1):65-78. [Q2; IF:1.07; ABDC- B] |
|
2016 |
Shaw, K., Irfan, M., Shankar, R. and Yadav, S. S. Low carbon chance constrained supply chain network design problem: A Benders decomposition-based approach. Computers & Industrial Engineering, 98:483-497. [Q2; IF:4.13] Irfan, M., Saha, S. and Singh, S. K. Determinants of being acquired in Indian manufacturing sector: a panel data analysis. Journal of Indian Business Research, 8(4): 246-263. [ABDC-C] |
|
2012 |
Irfan, M. Determinants of firms’ liquidation and acquisition in the Indian electronics industry. Margin: The Journal of Applied Economic Research, 6(1):75-90. [ABDC-C] |
|
2011 |
Irfan, M. The role of executives in hostile takeover attempts. Journal of Economic Interaction and Coordination, 6(1):29-40. [Q2; IF:1.56; ABDC-B] |
|
Sl. No. |
Project Title |
Funding Agency |
Role |
Total Outlay (in Lakhs) |
|
1. |
Investigating the Optimal Electricity Generation Mix for India using a Fuzzy Portfolio Optimization Approach |
DST |
PI |
6.60 |
|
2. |
Implementing PM Surya Ghar: Muft Bijli Yojna in Tribal Area of Jharkhand- Investigating the Drivers and Barriers of Solar Rooftop Adoption |
ICSSR |
PI |
25 |
|
3. |
A Comprehensive Study of Socio-Economic and Sustainability Factors Influencing the Implementation of PM Surya Ghar: Solar Bijli Yojna in Rural Areas of South Bihar |
ICSSR |
Co-PI |
13 |
|
|
|
|
Total: |
44.60 |
PI- Principal Investigator
Consultancy/Training Programs
|
Sl. No. |
Title |
Funding Agency |
Role |
Total Outlay (in Lakhs) |
|
1. |
Nurturing Future Leadership Programme (NFLP) March 18-22, 2024 |
MoE |
Co-CI |
20 |
|
2. |
Nurturing Future Leadership Programme (NFLP) June 24-28, 2024 |
MoE |
CI |
20 |
|
3. |
Nurturing Future Leadership Programme (NFLP) October 6-10, 2025 |
MoE |
Co-CI |
20 |
|
4. |
Nurturing Future Leadership Programme (NFLP) November 17-21, 2025 |
MoE |
Co-CI |
20 |
|
5. |
Nurturing Future Leadership Programme (NFLP) January 12-16, 2026 |
MoE |
Co-CI |
20 |
|
6. |
Nurturing Future Leadership Programme (NFLP) March 9-13, 2026 |
MoE |
Co-CI |
20 |
|
|
|
|
Total: |
1.2 Cr. |
CI: Principal Consultancy Incharge
Ph.D. Awarded
|
Sl. No. |
Name |
Thesis Title |
Discipline |
Year of Award |
|
1. |
Anupam Bandyopadhyay |
An Empirical Investigation of Smokeless Tobacco Use in India: Evidence from the New Public |
Economics |
2020 |
|
2. |
Godfred Oppong Kesse (Joint Supervision) |
Impact of Intellectual Capital on Performance of Commercial Banks: A Study of Select African Commercial Banks |
Finance |
2021 |
|
3. |
Rakhi Das |
Developing Sustainable Supply Chain Network Under Uncertain Environment |
Sustainability |
2022 |
|
4. |
Bamadev Mahapatra |
Energy Efficiency and Sustainable Development Goals in India: An Econometric Analysis of Asymmetries |
Economics |
2022 |
|
5. |
Gaurav Singh (Joint Supervision) |
Corporate Bond Market in India: A Study of Allied Issues |
Finance |
2023 |
|
6. |
Barsha Nibedita |
Energy Mix Diversification in Emerging Economies: Econometric Analysis of Determinants |
Economics |
2023 |
Ph.D. Ongoing
|
Sl. No. |
Name |
Research Topic |
Discipline |
|
Year of Joining |
|
1 |
Varsha Sharma (UGC-JRF) |
Low Carbon Technology Trade |
Economics |
|
2024 |
|
2. |
Dhanjeet Kumar (UGC-NET) |
Electricity Markets in India |
Economics |
|
2024 |
|
3. |
MD Asif (UGC-NET) |
Fossil Fuel Subsidies and Carbon Tax |
Economics |
|
2024 |
|
4. |
Srashti Singh (UGC-NET) |
Growth and Energy Nexus |
Economics |
|
2024 |
|
5. |
Adarsh Mishra (UGC-NET) |
Connectedness in Energy Diversity |
Economics |
|
2024 |
|
6. |
Vidyanand Nayak (UGC-JRF) |
Dynamic Linkages between Energy Transition and Critical Minerals Markets |
Finance |
|
2025 |
|
7. |
Jakariya Khan (UGC-JRF) |
Financial Innovations in Energy Markets |
Finance |
|
2025 |
|
8. |
Jyotirmayee Panda (UGC-NET) |
Crowding-out effects of climate and green energy finance |
Finance |
2026 |
|