Economics
Friday, March 29, 2024
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Economics : Eligibility & Course Areas

  
  
  
  
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Educational: Economics very often forms a part of the curriculum in many Indian schools right from class IX itself. However, Minimum requirement to start a career as Economists is graduation. After graduation you can go for Post graduation. Further you can do M. Phil/Ph. D in Development studies with major emphasis on Economics. Alternately, you can specialize in a branch like Business or Agricultural Economics, Financial Economics, Labour Economics, Industrial Economics, Banking Economics, International Economics etc. which are offered only a few universities. Besides departments of economics of some universities have also introduced courses in International Business and Financial Control and Analysis.

Another option is to do Master of Business Economics (MBE). Delhi University is the most reputed one in this subject. Business economics deals with the analysis of the behaviour of firms in markets and industries, and with determination of costs and prices. Courses are at present offered by about 13 universities in India leading to Master of Business Economics or MA in Business Economics.

If you are interested you can go for Econometrics which is another specialisation in this field. Econometrics combines economic theory expressed in mathematical form with statistical methods. At present the subject is available only in University of Madras; Rani Durgavati Vishwavidyalaya, Jabalpur; Sri Venkateshwara University, Tirupati and the Indian Statistical Institutes.

Most of the colleges and Universities in India offer Bachelor and Master's degree course in Economics. Universities offer honours courses leading to the award of B.A (Hons) or B.Sc (Hons). It is only in three Universities, viz., Anna University, Birla Institute of Technology and Science and Chhatrapati Sahu Ji Maharaj University that the nomenclature of the award is M.Sc (Economics). Doctoral courses like M.Phil and Ph.D. courses are also offered by many Universities and specific Economics school within the country. Prominent among them are Delhi School of Economics, Jawaharlal Nehru University, Banaras Hindu University etc. There are two deemed Universities in Economics, viz., Gokhale Institute of Politics and Economics, Pune. It offers only M.A and Ph.D courses and Indira Gandhi Institute of Development Research, Mumbai (IGIDR offers M.Phil (2 Years) and Ph.D (4 Years) Programs in Development Studies. Postgraduate diploma courses are available in Annamalai University; Gujarat University, Ahmedabad, Guru Nanak Dev University, Amritsar.

Personal attributes:

Economists must have

 










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