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Here's what you probably didn’t know about MA Economics degree

This article will guide you through the subjects, syllabus, future career and job opportunities accessible for freshers and experienced MA Economics professionals in India.

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Here's what you probably didn’t know about MA Economics degree

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  1. Here's what you probably didn’t know about MA Economics degree Master of Arts in Economics or MA Economics is a two-year postgraduate course. The programme is divided into 4 semesters, which has been among the top choices of students pursuing the arts stream. With a blend of all the aspects of economics in society, MA in Economics is a programme that gives students a profound insight. This course contains topics like the history of economics, macroeconomics, mathematics for economists, economics research methods, corporate finance, development economics, international economics, economic theory, and mathematical methods for economic analysis. It offers advanced knowledge or skills in the field of Economics with an elaborate knowledge base. This article will guide you through the subjects, syllabus, future career and job opportunities accessible for freshers and experienced MA Economics professionals in India. MA Economics Syllabus & Subjects: MA in Economics covers many subjects that give aspiring economists the knowledge to tackle economic issues. MA Economics syllabus course is listed below. Microeconomics 1. Theory of Consumer Behavior 2. Theory of Firm Production and Cost 3. Factor Market 4. Equilibrium Macroeconomics 1. Classical Economics, Keynesian Economics and Monetarism 2. National Income and output 3. Monetary and Fiscal policy 4. External Sector Mathematics for Economics 1. Functions and Calculus 2. Matrix, Determinant and Differential Equations

  2. 3. Basic Concepts and Linear Algebra Statistics And Computer Applications 1. Software for spreadsheets 2. Probability Theory 3. Descriptive Statistics Agricultural Economics 1. Major Aspects in Indian Agriculture 2. Consumers and Producers 3. Demand and Supply in Agriculture International Finance 1. Exchange rates and Forex risk 2. Balance of Payments 3. Currency Derivatives Some colleges include a project as part of the curriculum in one of the semesters, typically in the 2nd year. In such cases, the learners must present their findings and defend their work in a viva-voce. MA Economics Subjects: MA in Economics degree subject's curriculum are listed below. There are slight variations across the college, but there is a standard prescription per domestic and international trends.  Public Finance  Demographic Economics  Money and Banking  Markets and Financial Institutions  Infrastructure Economics  Insurance Economics  Gender and Developmental Economics  International Trade  Sectors of the Indian Economy  Environmental Economics  Game Theory  Behavioral Economics Job prospects of a Masters Economics

  3. The job career is very high in both the private and government sector. As a result, there is a constant dealing with numbers related to the economy. Research Analyst:A Research Analyst’s work is to examine data and provide helpful information to employers. Data Analyst: Data Analysts collect information and present them through graphs or charts. Economist: Economists directly work with the Government of India. They conduct researches to assist the agencies. In addition, economists collect data and help in policymaking. Project Manager: The project manager is the one who designs a project plan and arranges resources for the same. Financial Analyst: Financial analysts gather information on how trends impact a particular product. According to the BLS, financial analysts' job is projected to grow twelve per cent between 2014 - 2024. Likewise, this is one of the fastest-growing jobs. Financial analysts see how these new regulations or policies may affect investment. Statistician or Econometrician: This job is to collect data and solve real-world issues. This employment will seek a hike of about 34% by 2024. MA Economics degree enables students to apply economic principles and theories to real-life situations. This course hones your analytical skills and guides you to utilise your expertise to come up with creative solutions to a range of problems along with knowledge of various techniques and software. Given the wide scope of scenarios to which such a skill-set can apply, a MA in Economics programme is rapidly becoming a popular choice for those seeking graduate studies, alongside courses such as Accounting, Management, and Finance. So, if you want to establish a promising career in economics and finance, pursuing MA in Economics is the best career opportunity for you.

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