MA in Economics is a two-year postgraduate program that offers in-depth knowledge of economic theories, models, policies, and applications. The course is designed to build a strong theoretical foundation in economics while developing practical skills in data analysis, research methodology, and policy evaluation.

This program explores how economies function at the micro (individual/firm level) and macro (national/global level), and how economic agents make decisions under conditions of scarcity, uncertainty, and evolving markets. It blends classroom learning with practical applications, preparing students for both research and professional careers.

📖 Semester 1: Core Foundations

1. Microeconomic Analysis – I

2. Macroeconomic Analysis – I

3. Quantitative Techniques for Economic Analysis

4. Indian Economy

5. Optional/Elective (e.g., Agricultural Economics / Urban Economics)

📖 Semester 2: Theory & Tools

1. Microeconomic Analysis – II

2. Macroeconomic Analysis – II

3. Public Economics

4. Econometrics – I

5. Optional (e.g., Labour Economics / Demography)

📖 Semester 3: Application & Analysis

1. International Trade and Finance

2. Development Economics

3. Econometrics – II / Applied Econometrics

4. Research Methodology

5. Optional (e.g., Environmental Economics / Health Economics)

📖 Semester 4: Specialization & Research

1. Monetary Economics / Financial Economics

2. Optional Paper I (e.g., Industrial Economics)

3. Optional Paper II (e.g., Game Theory / Behavioral Economics)

4. Dissertation / Project Work / Viva Voce

5. Seminar Presentation

🧠 Skill Development Focus:

• Economic modeling and forecasting

• Policy analysis and impact assessment

• Data interpretation using econometrics

• Writing policy briefs and economic reports

• Proficiency in tools like Stata, R, SPSS, Excel

📌 Popular Electives (Varies by Institute):

• Agricultural Economics

• Gender Economics

• Energy Economics

• Urban and Regional Economics

• Global Political Economy

• Business and Financial Economics

🧑‍💼 Top Career Options

💡 Higher qualifications and experience required for global roles

🏢 Top Employers

• Government Bodies: RBI, NITI Aayog, Planning Commission, Finance Ministry, IES

• Financial Sector: Banks, Insurance companies, SEBI, NABARD, Credit Rating Agencies

• Corporate Sector: Deloitte, EY, PwC, McKinsey, Tata Group, Infosys, etc.

• International Organizations: World Bank, IMF, UNDP, ADB (often after PhD)

• Academic/Research: Indian Statistical Institute (ISI), Institute of Economic Growth (IEG), universities, colleges

📚 Higher Education & Competitive Exams

• Ph.D. in Economics / Development Studies / Public Policy

• UPSC Exams (especially IES, IAS with Economics optional)

• UGC-NET for teaching/research

• MBA/PGDM in Finance or Data Science (for corporate roles)