World Economy About,Highlights, Entrance Exam, admission, Eligibility, Duration, Selection Criteria, How to Apply, Application Form, Application Process, fee, Syllabus,Salary and Jobs,career opportunities,Top College in india
The world economy refers to the global system of economic activity, including the production, distribution, and consumption of goods and services. It encompasses the economies of all countries, as well as the interdependent relationships between them.
The world economy is influenced by a wide range of factors, including trade policies, government regulations, monetary policies, technological advancements, natural resources, and human capital. It is also affected by events such as wars, pandemics, and natural disasters.
There are several important indicators used to measure the health of the world economy, including gross domestic product (GDP), trade balances, employment rates, inflation rates, and stock market performance.
The world economy has experienced significant growth and transformation over the past several decades, driven in large part by globalization and the increasing interconnectedness of countries and markets. However, it is also characterized by significant inequalities and disparities, both within and between countries.
As the world continues to evolve and face new challenges, such as climate change and technological disruption, the global economy will continue to adapt and transform.
World Economy highlights
Here are some highlights of the world economy:
Size: The world economy is massive, with a total GDP of around $85 trillion in 2021. The United States, China, and Japan are the largest economies in the world.
Trade: International trade is a key driver of the world economy, with the total value of goods and services traded globally reaching around $20 trillion in 2021.
Inequality: There are significant disparities in wealth and income within and between countries. For example, the top 1% of the world's population holds more wealth than the bottom 50%.
Emerging economies: Countries such as China, India, and Brazil have seen significant economic growth in recent decades, and are expected to continue to be major drivers of the world economy.
Technology: Technological advancements are transforming the world economy, with innovations such as artificial intelligence, blockchain, and renewable energy creating new opportunities and disrupting traditional industries.
Sustainability: Environmental sustainability is becoming an increasingly important issue for the world economy, with efforts to address climate change and other environmental challenges creating both risks and opportunities for businesses and governments.
Pandemics: The COVID-19 pandemic has had a significant impact on the world economy, causing widespread disruption and economic hardship. The pandemic has highlighted the need for greater resilience and adaptability in the face of global crises.
It is important to note that there is no single "World Economy Entrance Exam" or program that offers admission to study the world economy. However, here is some general information that may be useful if you are interested in pursuing a degree or program related to the world economy:
World Economy Eligibility:
The eligibility criteria will vary depending on the program and institution. However, most programs will require a minimum level of education, such as a high school diploma or bachelor's degree. Some programs may also have specific prerequisites, such as coursework in economics, math, or statistics.
World Economy Duration:
The duration of the program will depend on the type of degree or program. For example, a bachelor's degree in economics typically takes 3-4 years to complete, while a master's degree may take 1-2 years. PhD programs in economics may take 4-5 years or more.
World Economy Selection Criteria:
The selection criteria for admission will also vary depending on the program and institution. In general, applicants will be evaluated based on their academic background, test scores (such as the GRE or GMAT), letters of recommendation, and personal statement.
World Economy How to Apply:
To apply for a program related to the world economy, you will typically need to submit an application to the institution offering the program. The application process will usually involve submitting transcripts, test scores, letters of recommendation, and a personal statement. Some programs may also require an interview or additional materials, such as a writing sample or research proposal.
In addition to traditional degree programs, there are also many online courses and certifications available related to the world economy. These may be shorter in duration and have less stringent eligibility requirements than degree programs. To find these programs, you can search online or check with professional organizations in the field.
World Economy Application Process:
The application process will vary depending on the program and institution. In general, you will need to submit an application form, transcripts, test scores (such as the GRE or GMAT), letters of recommendation, and a personal statement. Some programs may also require an interview or additional materials, such as a writing sample or research proposal.
World Economy Fee:
The application fee will vary depending on the program and institution. In general, the fee can range from $50 to $150 or more.
World Economy Syllabus:
The syllabus for a degree or program related to the world economy will vary depending on the level and focus of the program. In general, you can expect to study topics such as macroeconomics, microeconomics, international trade and finance, economic development, and statistics. Some programs may also offer specialized courses in areas such as environmental economics or behavioral economics.
World Economy Salary and Jobs:
Graduates with degrees or programs related to the world economy may pursue a variety of careers in fields such as finance, consulting, government, international organizations, and academia. Salaries for these positions can vary widely depending on factors such as the level of education, type of employer, and geographic location. According to data from the Bureau of Labor Statistics, the median annual wage for economists was $108,350 in May 2020.
World Economy Career Opportunities:
Graduates with degrees or programs related to the world economy may pursue careers in fields such as banking, consulting, international trade and finance, economic development, and government. Some specific job titles may include economist, financial analyst, international trade specialist, development economist, and policy analyst.
World Economy Top Colleges:
There are many institutions around the world that offer programs related to the world economy. Some top-ranked institutions include Harvard University, Massachusetts Institute of Technology, Stanford University, University of Chicago, University of Oxford, and London School of Economics and Political Science. However, it is important to note that the "best" institution for you will depend on your individual needs and goals.
PH.D. ADMISSION PROCEDURE
DOCUMENTS CHECKLIST
FAQs About Ph.D. Program
Q.1 - What is the procedure for Ph.D.? Admission to the University?
ANSWER: - The Ph.D. and M.Phil. programs of prestigious Universities are conducted and guided strictly as per the provisions and regulations dictated by the UGC (Minimum Standards and Procedure for Award of Ph.D./M.Phil. Degrees) (1st Amendment) Regulations, 2018 and subsequent amendments. The entire procedure for admission to the research programs encompasses a Research Entrance Exam (RET) and then an Interview/Viva Voce. The performance of a candidate in the RET is given 70% weightage, and the remaining 30% weightage is given to his/her performance at the Interview.
Q.2 - What are the modes of pursuing M.Phil. & Ph.D. programs at the University?
ANSWER: -Both the full-time and part-time modes are available at University for pursuing its Ph.D. programs and only the full-time mode is available for M.Phil. program in the desired subjects/fields. These highly-qualitative and prolific research programs are available in a rather broad range of fields/subjects. At University, the minimum time duration of the M.Phil. and Ph.D. programs is 1.5 Years and 3 Years, respectively, in general.
Q.3 - Are the Ph.D. and M.Phil. Degrees granted by any University valid abroad?
ANSWER: -Yes, of course. If the University is properly recognized under section 2(f) of the UGC Act of 1956 and is a prestigious member of the AIU (the Association of Indian Universities). It is an M.Phil. and Ph.D. degrees granted in various fields/subjects are duly valid across India and the world.
Q.4 - What are the main eligibility criteria for participating in the University Research Entrance Exam (RET)?
ANSWER: -The following are the main eligibility conditions for participating in the RET: - A rigorous Master’s Degree in the proposed subject/field obtained from any recognized university/institution located in India or abroad, with a minimum 55% marks in aggregate or an equivalent grade. Candidates belonging to SC/ST/OBC/Differently-abled categories are given a 5% relaxation in respect of this eligibility criterion. Candidates with an M.Phil. degree in the proposed field/subject, or have qualified for the UGC (JRF) Examinations/ NET/ SET/ SELT, etc., will be allowed to appear directly for the interview, without appearing in the RET. Impressive academic records, and any prior experience in research work, will be given additional advantages.
Q.5 - What relaxations are granted to the reserved categories for Ph.D.? Admission to the University?
ANSWER: - Candidates belonging to the categories of SC/ST/OBC (Non-Creamy layer)/Differently-Abled, and so on, are given all relaxations prescribed by the Govt. of India and the UGC. These relaxations are provided in form of 5% reduced marks for them at post-graduation, and also in the minimum qualifying marks at RET. Thus, candidates belonging to these categories only need to score a minimum of 45% marks at RET, to qualify for the final interview.
Q.6 - How will be the pattern of RET?
ANSWER: - The syllabus or pattern of RET consists of subject-specific matters, research methodology, and aptitude (covering logical reasoning, numerical ability, analytical reasoning, statistics, etc.).Thus, RET will contain a total of 70 multiple-choice questions (MCQs).
Q.7 - Are M.Phil. Holders/UGC- NET (including JRF)/ UGC-CSIR NET (including JRF)/ SLET/ GATE exempted from appearing at RET?
ANSWER: - Yes. The holders of M.Phil. degrees in their respective fields/subjects are made exempt from appearing in RET. The same is the situation in cases of aspiring candidates who have qualified exams like UGC-NET (including JRF)/ UGC-CSIR NET (including JRF)/ SLET/ GATE, etc.
Q.8 - How is the application fee paid?
ANSWER: - The Application Fee (i.e. the fee for getting participated in RET) can be paid online or offline, like the Application Form. Payment Modes: DD (in Favor of the University) / NEFT/ Cash Deposit.
Q.9 - Do working candidates require to obtain NOC from employers for pursuing research at any University?
ANSWER: - Yes, necessarily. Working Professionals who are interested in research at any University are required to obtain the NOC (No Objection Certificate) from their respective employers, in order to avert any intrusion ever during the entire doctoral course.
Q.10 - Does an M.Phil. holder require to undergo Ph.D. coursework?
ANSWER: - Yes. M.Phil. holders are again required to undergo the coursework in Ph.D. at some Universities. However, their prior knowledge in the field/subject will be very supportive to them for learning and performing efficiently during the Ph.D. program.
Q.11 - Can I pay the yearly program/course fee in installments?
ANSWER: - Yes, you can pay the yearly course fee as many as in two installments, but well within the yearly session.
Q.12 - Does Any University provide any scholarship or stipend to pursuing scholars?
ANSWER: - Yes, of course. Many Universities offer scholarships as well as stipends to meritorious and talented candidates who undertake research studies at the University. Scholarships are granted to those candidates who come under the top 21 by scoring higher marks in RET and interviews. And, stipends are provided to those scholars who also give lectures to UG or PG students at the University, in addition to doing their Ph.D. coursework. The amount of the monthly stipend will be commensurate with the candidate’s qualifications and capabilities and may go up to Rs. 20,000.
Q.13 - What other many facilities are provided to research scholars at the University Campus?
ANSWER: - All necessary and constructive resources, amenities, and facilities are offered by well-established and prestigious universities to research scholars in various streams/subjects. These facilities include the following - spacious and peaceful study rooms, erudite and well-experienced academicians and research experts, Wi-Fi and diverse IT devices, state-of-the-art laboratories, well-stocked libraries, lavish R&D amenities, separate amenities for lodging and foods for male and female candidates, peaceful and constructive environment within the university campus, and many other comforting and convenient facilities and services.