Studies are undertaken jointly by the industrial and Economics Departments. The end product is either a 4 or 5 years plan for the development of the industrial sector for a country or a region. Some of the important tasks performed in such studies include: 

• Macro-economic analysis of the industrial sector. Sub-tasks include study of domestic supply and demand of industrial products, industrial exports, macro-economic projections, capital funds, capital market, and the Labour market.
• Appraisal of the institutional framework for industrial development. This includes institutions concerned with industrial development, physical infrastructure, technology transfer and direct foreign investment.
• Appraisal of development strategy.
• Appraisal of industrial development policies,
• Intersectional analysis of the economy and the construc­tion of input-oulput tables.
• Study of industrial sub-sectors, such as growth trends, present structure, efficiency bottlenecks and operational problems.