Dr. Harivansh Rai Bachchan Mahavidyalaya MA in Economics Admission 2024-25, Placements, Important Topics, Answer Key

Master of Arts in Economics About

MA Economics or Master of Arts in Economics is a 2 years long post graduation course that is divided into 4 semesters. With a blend of all the aspects of economics in society, MA Economics broadly and commonly focuses on topics like macroeconomics, microeconomics, public economics, econometry, international and financial economics. Economics deals with production and consumption and supply and demand changes in the markets. To be eligible to pursue this course, one needs to hold a bachelor degree in economics or in a related field with a minimum of 50%. After completing this course, one can proceed further with a PhD in Economics as it not only becomes a lot easier post qualifying this course, but also gives a good career opportunity. Top recruiters like ICICI Bank, RBI, Citi Bank, Bank of India, Indian Institute of Technology, Accenture, HSBC etc.

Master of Arts in Economics Course Highlights

Master of Arts in Economics Eligibility Criteria

• A bachelor degree in economics or in a relevant field of study.
• A minimum percentage of 50% at the level of graduation is required.

Why pursue Master of Arts in Economics?

• MA Economics gives a good hold of the subject to the students as it teaches the value of increasing demands and limited means to fulfill the growing needs.
• Pursuing MA Economics can get you a good scope of high paid jobs than other bachelor degrees. Banking, academic and organizational, government, and investment sectors are good career options for these degree holders.
• Being qualified also opens the doors for pursuing PhD in the same field of study.
• Economists are considered very important, as they are responsible in identifying the on-going structural changes in the market as well as dealing with the stability and national security of an economy.
• This course can also be a perfect choice to get one-step closer to qualifying the Indian Economic Services.

Master of Arts in Economics Duration

The Master of Arts in Economics course duration is two years.

Master of Arts in Economics How to Apply

For selection for MA Economics, students should visit the college websites and look into the course details. Applications for the course can be availed by students through both offline and online procedures. For the offline method, students need to visit the college admissions office, collect the form, fill in the details and make the payment of the registration fee. While applying online for a Master in Economics, students are required to download the form, fill in the details and make the payment online. For both procedures, valid documents for the same are required to be submitted for the verification process.

Master of Arts in Economics Admission Process

• Step 1: For admission to the course students must fulfill the minimum eligibility criteria as set by their respective colleges.
• Step 2: The student should complete the college application form by giving the required details.
• Step 3: As per the college requirement students should clear the entrance exam scores accepted by the college.
• Step 4: Further, the candidate can also be called for GD or Personal Interview process.
• Step 5: After the final merit list is out, the candidate needs to complete the process of document verification and then pay the admission fees.

Master of Arts in Economics Application Process

• Visit the institution's website and download the application form or obtain it from the admission office.
• Fill in the details asked in the application form.
• Attach the required documents and pay the application fee.
• Submit the application form online or offline as per the institution's guidelines.

Master of Arts in Economics Selection Process

The selection process for the MA Economics course duration is either based on merit or the entrance exam procedure. Students must ensure the basic eligibility for MA Economics by securing a minimum of 50% marks in the Bachelor’s degree. In addition to the merit-based selection, the MA Economics best colleges conduct an entrance exam to select the best suitable candidates for the course duration. The admit card and other details of the entrance process are published on the college portal beforehand. Students can view their results by logging in to the college portal or receiving them directly via email.

Master of Arts in Economics Top Colleges

• Miranda House College
• Presidency College
• Ramjas College
• Fergusson College
• Christ University
• St. Mira’s College for Girls
• Symbiosis College of Arts and Commerce
• St. Xavier’s College
• Kristu Jayanti College
• Mithibai College of Arts

Master of Arts in Economics Syllabus

Semester 1

• Microeconomic Theory
• Introductory Mathematical Economics
• Introductory Econometrics
• International Trade

Semester 2

• Macroeconomic Theory
• Theory of Pricing and Distribution
• International Finance
• Quantitative Methods

Semester 3

• Development Economics
• International Economics
• Econometrics-1
• Industrial Economics (Electives)
• Environmental Economics (Electives)
• Globalization and Economics (Electives)

Semester 4

• Public Economics
• Econometrics-2
• Project Work
• Financial Economics (Electives)
• Economics of Infrastructure (Electives)
• Economic Demography (Electives)
• Economics and Law (Electives)

Master of Arts in Economics Career Opportunities

MA in Economics is an integrated master level Commerce program. Students have widespread job opportunities both in government and private sectors, after passing this course successfully. The world that enables us to understand and improve decision making and throws light on issues such as  inflation, poverty, environment, unemployment, globalisation and trade it is the best way of thinking about this. Economics states that how original, firms and the government make choices. Students are equipped with a range of quantitative, analytical and communication skills passing the course. Term both graduation and post-graduation are covered after the five year. The time of the course is 5 years.

MA in Economics Employment Zone:

• KPOs
• Financial Dept. (Industry)
• MNCs
• Commerce/Finance Ministries
• NGOs
• Public/Private Banks
• BPOs
• Stock Exchanges

MA in Economics Scopes:

• Statistician
• Economics Teacher/Lecturer
• Financial Market Advisor
• Financial Analyst
• Stock Broker
• Economist