What is Economics?: Fees 2025, Subjects, Top Colleges, Admissions

Why not! In simple words, Economics is the study of humans in the regular business of life. It analyzes how they get their income and how they use it. That's why, on one side, it's the study of wealth and on the other, it's a part of the study of man.

It is a part of the Social Science where we study about the production, distribution, and consumption of resources in the society.

Yes, you'll find Economics subjects a bit different in the Commerce stream. Though the core concepts are the same, you'll find more statistical methods, supply and demand, inflation, national income, market structures, etc., topics. In the Arts, you'll find economic development, international trade, or public policy types topics.

To be eligible for MA Economics you should have completed either BA Economics or BSc Economics. Apart from that you should have scored at least 50% or 5.5 CGPA in your graduation. Youb need not worry about age limit as most colleges do not prescribe minimum or maximum age bar for the course. You can apply for the course after you have completed the graduation or when you are in your final year. 

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Economics Course Admission

The eligibility criteria for CUET-PG entrance exam for the Master's in Economics course are to obtain a bachelor's degree in a relevant discipline from a recognised university. Reservation quotas mandate 15% seats for SC, 7.5% seats for ST, and 27% seats for other backward classes. Though there is no age limit for Master's1 you must check the age criteria for your desired college specifically. 

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Economics Course Admission

In my opinion, Edusure and Ecopoint are the two best options for the MA in Economics entrance exam preparations. Both of them have their own ways to coach students, for example, Edusure will provide the best study materials, mock tests, and doubt-clearing sessions. Meanwhile, Ecopoint has the Economics-based tailored content for students. Their success rate is also high compared to other institutes.

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Economics Course Admission

BA Economics revolves aorund the optimal use of resources and concentrates on the major conceptual bifurcations of Economics, namely Macroeconomics and Microeconomics. It delves into the various types of financial markets, the operation of an economy, and current economic trends. Some of the common/popular BA subjects available under the Economics specialisation:

• Econometrics
• Introduction to Statistical Methods in Economics
• Introductory Macroeconomics
• Economics of Banking
• The Economics of Labour
• Economic Analysis of Agriculture
• Business Economics

 M.A. in Economics is a Post Graduate degree that can be done by any aspirant with an undergraduate degree whereas M.Sc. Economics is a Post Graduate Academic degree course that can be accomplished by an aspirant with a Bachelor of Science degree. M.A. Economics focuses on the study of economics as a discipline at an advanced level whereas M.Sc. Economics focuses on the study of scientific principles in the field of economics. The job opportunities, job profiles as well as the salary packages offered for an M.Sc. In Economics graduate is better than that of an M.A. In Economics graduate.

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Economics Course Admission

Here are some top Economics book options you can consider, along with your regular syllabus, for extra knowledge and exposure

• What Went Wrong With Capitalism by Ruchir Sharma.
• Economics Beyond the Millennium by Alan Kirman.
• The Deficit Myth by Stephanie Kelton.
• THE shortest HISTORY OF ECONOMICS by Andrew Leigh.
• ECONOMICS IN ONE LESSON by henry Hazlitt.

Hope you'll like them!

Yes, you'll find a significant amount of Maths used in Economics courses, especially at the UG-level courses. Though UG, Diploma, and Certificate level courses with basic concepts have simpler Mathematical models used in the program, you'll find more complex Maths concepts in the further level courses.

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Economics Courses

About 4,300+ best Economics colleges are there in India. Of these, 1,400+ are government colleges, 1,000+ are private colleges and 800+ are semi-government colleges. Students can secure admission to the best BA Economics colleges in India after passing Class 12 boards or through entrance exam like CUET.

Top Economics colleges are Hansraj College, St. Xavier's College, Mumbai, Miranda House, Lady Shri Ram College for Women, Kirori Mal College, Hindu College, Loyola College, Atma Ram Sanatan Dharma College, MCC, and many others.

Hello, getting admission to an Economics course online is more simpler and you won't even need to prepare for any entrance exams, because most online courses are offered a merit basis.

You just need to apply online, upload your documents, wait for the college to verify your application, if you get shortlisted, the college with send you a confirmation email.

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Economics Course Admission

RBI Grade B Officer can get promoted to various other job profiles. The promotion is based on the officer's work performance, seniority and internal exams. These job titles as per hierarchical structure of RBI are as follows:

• Assistant Manager
• Manager
• Assistant General Manager
• Deputy General Manager
• General Manager
• Chief General Manager
• Executive Director
• Deputy Governor

The highest salary of an Economist may differ on the basis of the company. However, the senior level Economists are known to get high salaries based on their experience.

• After pursuing Economics, one can pursue either a postgraduation or a doctorate in Economics and establish a career in academics. One can also pursue a Bachelor of Education (B.Ed) and work as a TGT or PGT in popular schools.
• You gain an insight into how economics works globally.
• Different economics-related careers are well-paid.
• Economics skills apply across industries and roles.
• Economics graduates are also hired by public and private banks and other commercial companies.
• Graduates can also pursue professional courses such as Chartered Accountancy, Company Secretary,  Cost and Management Accounting (CMA), Chartered Financial Analyst (CFA),  Bachelor of Laws (LLB), etc. after studying Economics.
• Learn about international trade and global markets.
• Professionals are hired by top multi-national companies for various job profiles such as Analyst, Administrator, Economist, Banker etc.

Anyone who wishes to pursue a promising career in academics or economic policy-making or the banking industry can pursue Economics.Those candidates who have pursued Mathematics are favoured for UG courses in Economics since Statistics is one of the major subjects offered both in UG and PG courses in Economics.Many candidates also aspire to join government services through UPSC CSE, or State PSCs or UPSC IES and Economics is a popular optional subject in these examinations. Students who possess Research, Analytical, and Statistical skills can be admitted to Economics courses.

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Economics Career

Of course, here are some top recommendations for Economics books you can read:

• POOR ECONOMICS: Rethinking Poverty & the Ways to End It by Abhijit V. Banerjee & Esther Duflo.
• Popular Economics by John Tamny.
• The Fundamentals of Economics by Veerareddy Prabhakar Reddy.
• Principles Of Economics by Dr. RK Mishra.
• Good Economics for Hard Times Abhijit V. Banerjee & Esther Duflo.
• The Undercover Economist by Tim Harford.

Why not! Every student in Class 11, when they opt for a specific stream, has an option to choose their desired study medium as well. If you want to pursue your further Economics studies in Hindi, you're free to opt for it. In fact, you can also pursue undergraduate courses after Class 12 in Hindi only. Many colleges offer BA Economics, etc., courses in Hindi medium.

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Economics Course Admission

The CUET Syllabus 2026 for Arts students determines your analytical skills, logical reasoning, understanding of humanities, aptitude, and knowledge in the Arts and Humanities stream. Some core subjects in the stream include History, Political Science, Sociology, Economics, Geography, and Psychology. 

You can check out the link below for a detailed breakdown of the subject-wise syllabus for the CUET 2026.

- CUET Syllabus 2026 for Arts/Humanities Students

There are mainly two streams where you can opt for an Economics subject in Classes 11 and 12, i.e., Humanities and Commerce. If you're a Commerce student (with maths), you can pursue your career in Finance, accounting, business, etc. Being an Arts student, you can study policy, international relations, socio-economics, etc.

Both streams are the best and offer diverse career options; you just need to choose what suits you best.

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Economics Course Admission