DismalScientist wanted to get a feel of the undergrad programme in India. So here is my view. It comes under the Arts section so we are awarded a Bachelors in Arts(BA) rather than BSc.
There are broadly two kinds of approach here in India. The northern states of India stress the importance of math while in the south, math papers are less.
I studied in a college in the south which is ranked as one of the top 10 colleges for Arts in the country.(I am of the opinion that the ranking was flawed to a large extent)
In the south, we are made to learn Microeconomics by H L Ahuja, which is dismal vis-a-vis Varian. We had more of Indian authors. But since, our college was autonomous and had a restructured curriculum, we had a paper in Econometrics, mathematical economics ans one in Computer applications in economics(SPSS was taught). We were given a bird’s eyeview of economics but we never went in depth. Moreover, the students were not very keen in learning economics too. There was never any books we referred to in my college.
As per the information what i have gathered, in the north, they refer to books by Varian, Gould & lazear, Pindyck & rubinfeld for micro; dronbusch & fischer for macro; a c chiang and sydsaeter for mathematical eco and finally freunds mathematical statistics. These are books referred to by the University of Delhi.