MA Economics Course: Full Form, Admission 2024, Fees, Syllabus, Entrance Exam, Top Colleges, Career Scope
The full form of MA Economics is Master of Arts in Economics. It is a 2-year postgraduate level course that can be pursued in regular and distance mode. The programme aims to offer comprehensive knowledge of the fundamentals of Economics. The course imparts the requisite knowledge and skills in the students preparing them for the workforce. The MA Economics coursework comprises theoretical and numerical-based subjects along with elective subjects related to statistics and finance.
On completing an undergraduate degree with an Economics specialization, one becomes eligible to apply for an MA economics course. Admission to the course is usually offered through entrance exams such as CUET PG, PUCET PG, URATPG, IPU CET and Jamia Milia Islamia (JMI) Entrance Exam.
Q: What is M.A Economics course?
MA Economics is a master’s degree in Arts offered with Economics as a specialization. It can be completed in 2 years. The course equips students to comprehend fundamental concepts of advanced Economics topics such as Econometrics.
Q: What is economics all about?
Why Pursue MA Economics Course?
MA Economics is a popular choice among candidates due to several reasons. Some of these are listed below:
- Economics graduates can work in a wide range of fields such as banks, academia, financial institutions, corporations and consultancies.
- MA Economics graduates can earn a handsome salary even in entry-level jobs. They can earn up to 21.3 LPA in various foundational jobs.
Q: What is the scope of MA in economics?
Q: What is the scope after doing MA economics?
Q: What is the scope of MA in economics after B.Com?
MA Economics Eligibility Criteria
The eligibility parameters for admission to the MA Economics course are framed by universities and colleges as per the rules and guidelines of the University Grants Commission (UGC). Some MA Economics colleges may consider the candidate’s Class 12 marks for shortlisting purposes. The candidates should have pursued an Economics course from a recognized institute.
Given below are the basic eligibility parameters that have to be fulfilled by candidates who wish to secure admission to the MA Economics course:
Particulars |
Details |
---|---|
MA Economics Academic Qualifications |
The candidates should have completed any of the following degrees: |
MA Economics Marks Criteria |
They should have scored at least 50% marks in graduation. |
MA Economics Appearing or Passed Criteria |
Graduates as well as students in the final year of graduation are eligible. |
MA Economics Age Limit |
There is no age limit prescribed. |
Note: The eligibility criteria mentioned above may vary depending on the college.
Q: Can I pursue M.A Economics after B.Sc Economics?
Yes, you can pursue MA Economics after completing BSc Economics. This is because BSc Economics course covers all the fundamental concepts of Economics courses that you will be expected to have to pursue MA Economics course. It is not necessary that you should have completed BA Economics to apply for MA Economics course.
MA Economics Course Types
Given below are some types of MA Economics course:
Type of MA Economics Course |
Description |
---|---|
Full-time MA Economics |
In a full-time MA Economics course, candidates must attend a regular classroom programme. |
Distance MA Economics |
MA Economics pursued through distance mode, does not offer a regular classroom programme. The candidates only have to be physically present for the semester and practical exams. |
Online MA Economics |
In online mode of education, MA Economics students pursue the course in online mode. |
Candidates can refer to:
MA Online Courses
Popular Courses
- M.A. in EconomicsBanaras Hindu University
- M.A. in EconomicsAmity University, Noida
- M.A. in EconomicsJawaharlal Nehru University
- M.A. in EconomicsIGNOU - Indira Gandhi National Open University
- M.A. in EconomicsLoyola College
- Discontinued (Apr 2022)- M.A. in Applied EconomicsUniversity of Lucknow
- M.A. in EconomicsDelhi School of Economics (DSE), University of Delhi
- Discontinued (Aug 2024)- M.A. in EconomicsCalcutta University
- M.A. in EconomicsEthiraj College for Women (Ethiraj)
- M.A. in EconomicsPanjab University
Q: What is the difference between M.A Economics and M.Com course?
Given below are some basic differences between MA Economics and MCom courses:
Particulars | MA Economics Details | M.Com Details |
---|---|---|
Full form | Master of Economics | |
Area of focus | Core Concepts of Economics | General Accounting |
Domain | ||
Eligibility | BA Economics or BSc Economics with a minimum of 50% marks | BA Economics or Humanities3 a minimum of 50% marks |
Curriculum | Microeconomics, Macroeconomics, Trade, Financial Economics, Public Finance | Taxation, Research Methodologies, Advanced Accounting, Financial Analysis |
Q: Are there any M.A Economics courses offered in online mode?
Yes, an MA Economics course is offered in online mode as well by various colleges, universities and online learning platforms.
Given below are online courses of MA Economics and related courses along with the course provider, course duration and fees:
MA Economics Online Courses | Course Provider | Course Duration | Course Fee (in INR) |
---|---|---|---|
Jain Deemed-to-be University | 24 months | 90,000 | |
Online Dr. M.G.R. Educational and Research Institute | 24 months | 1.00 Lakh | |
George Mason University | 18 months | 21,300 | |
London School of Economics | 8 weeks | 2.24 Lakh | |
Lancaster University | 24 months | 12.03 Lakh |
MA Economics Entrance Exams 2024
Many government and private colleges offer admission to MA Economics course based on CUET. It is a national-level entrance exam in India. Candidates can also secure admission in University of Rajasthan, Punjab University, Indraprastha University, Jamia Milia Islamia and its affiliated colleges through university-level entrance exams such as URATPG, PUCET, PG, IPU CET and Jamia Milia Islamia entrance exam.
Given below are some entrance exams through which candidates can secure admission to MA Economics course in India:
MA Economics Entrance Exams |
MA Economics |
MA Economics |
---|---|---|
Mar' 25 (Tentative) |
||
Punjab University Common Entrance Test- Postgraduate (PUCET PG) |
15 Jun '24 - 16 Jun '24 |
|
University of Rajasthan Admission Test for Post Graduate (URATPG) |
Jul' 24 (Tentative) |
|
Apr '25 (Tentative) |
||
Apr '25 (Tentative) |
Note: The entrance exam schedules and dates mentioned above may vary depending on the latest updates.
Important Exam Dates
Dates | Upcoming Exam Dates |
---|---|
Dec '24 - Feb '25 | CUET PG 2025 Application Process TENTATIVE |
Dec '24 - May '25 | NMIMS NPAT Registration Window TENTATIVE |
Jan '25 - May '25 | NPAT Exam Dates TENTATIVE |
13 Jan '25 | Pearl Academy Application Form 2025 (January Cycle) - Last Date to Apply |
17 Jan '25 - 19 Jan '25 | Pearl Academy 2025 (January Cycle) - Conduct of Written Exam |
21 Jan '25 | Pearl Academy 2025 (January Cycle) - Admit Cards for Personal Interview |
22 Jan '25 - 23 Jan '25 | Pearl Academy 2025 (January Cycle) - Personal Interview |
Dates | Past Exam Dates |
21 Sep '24 | Second Phase of Counselling Begins |
12 Aug '24 - 21 Aug '24 | CPGET 2024 First Counselling Registrations |
23 Jul '24 | CPGET 2024 Answer Key Released |
Q: Can I secure admission in M.A Economics course without any appearing in any entrance exams?
Yes, candidates can secure admission to MA Economics course without appearing for or qualifying for an entrance exam, though many reputed colleges offer admission through entrance exams. Many private institutes conduct their own admission tests to select candidates. They also offer admission based on merit. Candidates can opt for MA Economics in distance mode through direct admission.
Q: What is the mode of the CUET PG exam?
The CUET PG exam is conducted in computer-based test (CBT) mode. This means that the exam is taken on a computer, and the questions and answers are displayed on the screen. Candidates use a mouse or keyboard to select their answers.
The CUET PG exam is held in multiple sessions throughout the day, and candidates are assigned to a specific session during registration. The exam is two hours long and consists of 100 multiple-choice questions.
Q: What is CUET PG examination structure?
The following table brings the structure of the expected CUET PG question paper.
Part | Sections/Subjects | Number of Questions |
---|---|---|
A | Language Comprehension/Verbal Ability, General Test (GK, QA, Analytical Skills) | 25 |
B | Domain knowledge | 75 |
Candidates must note that the Language Comprehension/Verbal Ability section is compulsory. The General Test also has to be taken by candidates opting for all test papers except Education (PGQP01).
Q: Is there a negative marking in CUET?
Yes. There is a negative marking in the CUET exam. For each wrong answer, one mark is deducted. Negative marking will not be applicable in case of unattempted questions. The marking scheme as per NTA is given below.
i. Correct answer or the most appropriate answer: Five marks (+5)
ii. Any incorrect option marked will be given minus one mark (-1).
iii. Unanswered/Marked for Review will be given no mark (0).
iv. If more than one option is found to be correct then Five marks (+5) will be awarded to only those who have marked any of the correct options.
v. If all options are found to be correct then Five marks (+5) will be awarded to all those who have attempted the question.
vi. If none of the options is found correct or a question is found to be wrong or a question is dropped, then all candidates who have attempted the dropped question will be given five marks (+5) marks.
MA Economics Syllabus and Subjects
Given below are some of the main subjects covered in an MA Economics course in many Indian colleges:
MA Economics Syllabus for First Semester |
|
---|---|
Microeconomic Theory |
Mathematics for Economics |
Public Economics |
Macroeconomic Theory |
MA Economics Syllabus for Second Semester |
|
Monetary Economics |
International Economics |
Statistics |
Indian Economy |
MA Economics Syllabus for Third Semester |
|
Environmental Economics |
Population Economics |
Financial Economics |
Basic Issues of the Indian Economy |
MA Economics Syllabus for Fourth Semester |
|
Economy of North East India |
Agricultural Economics |
Econometrics |
Regional Economics |
Note: The syllabus may vary depending on the college offering the course.
Popular Specializations
- Hindi
7 Colleges
- English
6 Colleges
- Applied Econometrics
3 Colleges
- Business Economics
3 Colleges
- Public Administration
3 Colleges
- Econometrics
2 Colleges
- Finance
2 Colleges
- Actuarial Science
1 College
- Data Analytics
1 College
- Home Science
1 College
Q: What are the main books followed in an M.A Economics course?
The books followed in MA Eonomics course may vary depending on the colleges offering the course. Moreover, the syllabus and the university the college is affiliated to also determine the books followed for the course. Given below are some of the important books in an MA Economics course:
MA Economics Books | Authors |
---|---|
Microeconomic Theory: Basic Principles and Extensions | Walter Nicholson, Christopher M. Snyder |
Advanced Microeconomic Theory | Jehle and Reny |
Lectures on Public Economics, | A.Atkinson and J. Stiglitz |
Handbook of Public Economics | Auerbach, A.J. and M.Feldstern |
Economic Development | Hogendrn |
Advanced Macroeconomics | David Romer |
Theory of Econometrics | Koutsoyiannis |
Microeconomic Analysis | Hal Varian |
Handbook of Development Economics | Behrman, S. and T.N. Srinivasan |
Best MA Economics Colleges
There are numerous government and private colleges in India in which candidates can pursue an MA in Economics course.
Best MA Economics Government Colleges
Given below are some government colleges in India that offer admission to MA Economics course:
MA Economics Government College |
MA Economics Government College Fees (in INR) |
---|---|
480 |
|
14.4 K |
|
38.06 K |
|
432 |
|
9.6 K - 24 K |
|
31 K |
|
1.4 L |
|
9.53 K |
|
1.8 K |
|
20 K |
Note: The fees mentioned above may vary.
Best MA Economics Private Colleges
Given below are some private colleges in India that offer admission to MA Economics course:
MA Economics Private College |
MA Economics Private College Fees (in INR) |
---|---|
1.9 L |
|
2.88 L |
|
44.6 K |
|
1.84 L |
|
11.28 L |
|
72.45 K |
|
23 K |
|
96.72 K |
|
92 K |
|
Jindal School of Government and Public Policy, O.P. Jindal Global University |
5 L |
Note: The fees mentioned above may vary.
Q: Which colleges offer M.A Economics course in distance mode?
Given below are some colleges in India that offer MA Economics in distance mode of education:
MA Economics Distance College | MA Economics Distance College Fees (in INR) |
---|---|
17.6 K | |
Institute of Distance and Open Learning, University of Mumbai | 16.26 K |
13.35 K | |
7.6 K | |
10.4 K | |
11.2 K | |
3.17 K | |
18 K |
Q: Which colleges offer M.A Economics course with nominal fee structure?
Several colleges offer MA Economics course with a nominal fee structure. These colleges could be government or private-run. The candidates must note that the fees mentioned below is the tuition fee and there could be additional charges such as postal fee, registration fee etc. that the candidates have to pay.
Given below are some of the colleges that offer MA Economics course with an affordable fee structure:
MA Economics Colleges | Average Fees (in INR) |
---|---|
288 | |
300 | |
312 | |
336 | |
360 | |
360 | |
Jawaharlal Nehru University | 432 |
Q: Does IGNOU offer M.A Economics course?
Yes, MA Economics course is offered by IGNOU (Indira Gandhi National Open University). IGNOU is a public university that offers various courses in distance learning mode. It can be completed in a duration of 2 years like any MA Economics regular course. The total tuition fee is INR 12,000. There is no minimum or maximum age limit prescribed. Candidates can enroll themselves into the course on completing a bachelor’s degree from a recognised institute.
Popular Private MA Economics Colleges in India
MA Economics Course Career Scope: Job Profiles, Salary and Top Recruiters
MA Economics graduates are sought after in the government and private sector.
MA Economics Job Profiles
Given below are some job profiles that can be pursued by MA economics graduates when they join the workforce:
MA Economics Jobs |
Average Salary (in INR) |
---|---|
Economist |
16.4 LPA |
Actuary |
7.4 LPA |
Data Analyst |
6.65 LPA |
Credit Analyst |
8.4 LPA |
Personal Financial Advisors |
3 LPA |
Policy Analyst |
7 LPA |
Supply Chain Analyst |
6.7 LPA |
Economic Consultant |
10 LPA |
Statistician |
9.9 LPA |
Product Manager |
21.3 LPA |
Note: The salaries mentioned above may vary depending on the company.
MA Economics Course Top Recruiters
MA Economics graduates can find job opportunities in corporations, consultancies, financial institutions and academia. They can work in various job profiles depending on the individual’s calibre and the company’s requirements.
Given below are some companies in India that hire MA Economics graduates in various job profiles:
MA Economics Recruiters |
|
---|---|
Bain & Company |
Boston Consulting Services |
McKinsey & Company |
Tata Consultancy Services |
EY-Parthenon |
Accenture |
Deloitte Consulting Services |
Insight Sourcing Group |
KPMG |
PWC |
Q: What are the career options available for MA Economis graduates?
Q: How can I apply for the job of a data analyst?
Q: How can I become an economist?
MA Economics FAQs: 2024
Here are some Frequently Asked Questions related to MA Economics:
Q: What is the difference between economics and business economics?
Q: What is the difference in career between finance and economics? What are its career prospects?
News & Updates
Student Forum
Answered 4 hours ago
Indian School of Business and Finance Delhi offers various courses in the streams of Economics, Management and Finance. BSc Economics is among the popular programmes offered at ISBF Delhi. The total tuition fees for BSc Economics at Indian School of Business and Finance Delhi is around INR 13.38 Lac
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Beginner-Level 1
Answered 5 hours ago
Here are some entrance exams for pursuing graduation in statistics or economics in India:
ISI Admission Test (ISIAT): Conducted by the Indian Statistical Institute (ISI) for admission to undergraduate and postgraduate programs
Common University Entrance Test (CUET): The National Testing Agency (NTA)
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Contributor-Level 8
Answered 5 hours ago
Here are some government colleges in India that offer economics honors:
University of Delhi: A top university for economics in India, with colleges like Hindu College and Lady Shri Ram College for Women
Jamia Millia Islamia: Offers a BA (Hons.) in Economics
Hansraj College: Offers a BA (Economics + Com
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Contributor-Level 8
Answered Yesterday
Many colleges provide the choice of BSc in Economics with majors in Analytics or Data Science. Some of them include the University of Warwick in the UK where the focus is put in data analytic within their economics Course. In the same way, the University of Manchester offers the programs where econo
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Contributor-Level 9
Answered 3 days ago
A Comprehensive Guide to Microeconomics
While I cannot provide a full set of notes for every chapter of a Microeconomics textbook, I can offer a structured approach to understanding the core concepts. Here's a breakdown of key topics and where to find detailed explanations:
Core Concepts:
* Introducti
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Contributor-Level 8
Answered 4 days ago
Harvard University's Faculty of Arts and Sciences offers Bachelor of Arts in Economics Degree program.
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Harvard requires the SAT or ACT to meet its standardized testing requirement. In exceptional cases, when those are not accessible for a student, one of the following can meet the requirement: Andhra Pradesh exam results. IB Actual or Predicted Scores. Harvard's Faculty of Arts and Sciences offers a
Answered 4 days ago
The Faculty of Arts and Sciences at Harvard University offers a Bachelor of Arts in Economics degree. Harvard University offers a four-year Bachelor of Arts in Economics program. The cost for overseas students pursuing a Bachelor of Arts in Economics degree is USD 61,676 (INR 52,11,855).
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Contributor-Level 10
Answered 4 days ago
Harvard University's Bachelor of Arts in Economics programme has the following specific requirements:
- Completed Universal College Application or Common Application.
- Two teacher evaluations are required.
- Personal essay required
- School Report (which includes a counselor letter) and high school transcript
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M
Contributor-Level 10
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Harvard's Economics Department is one of the best in the world. The large number of professors and their diverse interests enable a student to study virtually any area of economics. Some of the notable rankings are as follows-
Ranked #1 in 2023 for econometrics and economics according to the QS Wor
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Contributor-Level 10
Answered 5 days ago
You can apply in B.A in Economics and Public Policy at SASTRA Chennai Campus by following steps :
- Fill the online application form at the official Website of SASTRA Chennai College.
- Select the course at the from the given options.
- Upload the required documents asked in the application form
- Physically v
Answered 6 days ago
Yes, it is a good combination. But, please ensure that your choices align with your future aspirations. Because, what you study in 11th and 12th, goes long. The knowledge gained in these classes ascts a foundation for you and your future goals. Please discuss with your parents and well-wishers befor
Answered a week ago
Hii Hema Sutar, you can find the SSC 12th board 2029 question paper of Economics on the official website of Shiksha.
Here I'm attaching the link of Shiksha's official website which has the paper you are searching. So, kindly refer the link and download the question paper here.
https://www.shiksha.com
Answered a week ago
The University in Southampton, Delhi BSc in Economics admissions are conducted online. Candidates must visit the official website of University of Southampton, Delhi to access the application form for the same. The University gives admission for BSc in Economics on the basis of merit, wherein, the c
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Contributor-Level 10
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Yes, of course! You can opt for MA in Economics at Delhi University after completing your graduation or post-graduation in any subject from a recognised university. You simply have to appear for the CUET PG entrance exam that is conducted every year for admission to various MA courses at the best un
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Beginner-Level 5
Answered 2 weeks ago
Macroeconomics is the branch of economics that deals with the structure, performance, behaviour, and decision-making of the whole, or aggregate, economy. John Maynard Keynes was an early 20th-century British economist, best known as the founder of Keynesian economics and the father of modern macroec
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After completing a BA (Hons) in Economics at Sarala Birls University, students can pursue a variety of jobs. Some job roles where SBU graudates of Economics Honours can apply the skills acquired during the course are listed below:
Economist
Financial Analyst
Data Analyst
Research Analyst
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Contributor-Level 10
Answered 3 weeks ago
The BA (Hons) in Economics curriculum followed at Sarala Birla University is based on the CBCS scheme. It includes various core and elective subjects. Some core (compulsory) subjects included in the course curriculum are listed below:
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Contributor-Level 10
Answered 3 weeks ago
Students who have good marketing, problem-solving, and communication skills can pursue courses in Microeconomics. The students of Microeconomics can find employment in:
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- Legal Firms
- Financial Institutions
- Media Organisations
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Contributor-Level 9
Answered 3 weeks ago
Studying economics can help students in various aspects of life, fundamental policy issues that shape market and social outcomes, It develops critical-thinking and problem-solving skills to make good decisions.
- Analytical thinking
- Complex problem-solving
- Communication
- Research
- Time management
- Presenting
- Le
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Contributor-Level 9
Answered 3 weeks ago
While pursuing microeconomics you have to keep a few points in mind students must have completed 10+2 from a recognised board, often with a background in commerce, arts, or science. Also, some institutions may require a minimum percentage, especially in economics or mathematics.
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Contributor-Level 9
Answered 4 weeks ago
Yes, NMV university is a good choice for an M.Sc in Agriculture Economics. The programme includes key topics like rural development, economics analysis which helps build a strong foundation. The professors are supportive and bring practical knowledge making it easier to understand real world issues
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Contributor-Level 6
Answered a month ago
Economists undertake studies, write reports, and assess matters pertaining to fiscal and monetary policy. They might also gather and examine statistical information. According to Bureau of Labor Statistics the median annual wage for economists was $115,730 in May 2023. Some job roles and estimated s
M
Contributor-Level 10
Answered a month ago
The expected CUET cutoff for an M.A. in Economics at the University of Hyderabad for 2024 is between 70-74 marks. Keep in mind that actual cutoffs may vary depending on factors like the number of applicants, available seats, and the category of the candidate. For the most accurate and up-to-date det
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Contributor-Level 6
Answered a month ago
Candidate who wish to take CPGET for an MA in Economics must study the topics provided below -
Micro Economics
- Basics and Introduction to Economics
- Theory of Consumer Behaviour
- Supply and Demand Analysis
- Theory of Production
- Production Costs - Concepts and Types
- Types of Revenue and Objectives of Firm
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A
Contributor-Level 8
Answered a month ago
Admissions for courses in Geography and Economics in Prince Academy of Higher Education Girls College likely would be closed by last October of 2024.
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Contributor-Level 9
Answered 2 months ago
The BA (Political Science, Economics and Journalism) curriculum followed at Reva University is spread over three years, which is further divided into six semesters. Some subjects (theoretical & practical) included in the curriculum are as follows:
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Contributor-Level 10
Answered 2 months ago
The cutoff for BA in Economics at Madras Christian College (MCC) in Chennai typically ranges between 85-90% for students from commerce or science backgrounds. It may be a bit lower for arts students. The cutoff changes each year based on the number of applicants and available seats.
For more details
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Contributor-Level 6
Answered 2 months ago
There are many good books on Econometrics. Some of these are as follows:
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---|---|
Essentials of Econometrics | Damodar N. Gujarati |
Econometric Analysis | William H. Greene |
Mostly Harmless Econometrics: An Empiricist's Companion | Joshua D. Angrist |
A Guide to Modern Econometrics | Marno Verbeek |
Basic Econometrics | Irwin Economics |
Introductory Econometrics: A Modern Approach | Jeffrey M. Wooldridge |
Using Econometrics: A Practical Guide | A. H. Studenmund |
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Contributor-Level 10
Answered 2 months ago
No, a Certificate in Economics is not equivalent to a B.A. in Economics:
- Certificate in Economics: A short-term course that covers fundamental economic principles, such as supply and demand, market structures, and economic policies. It can be a good option for people who want to gain knowledge quick
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Beginner-Level 1
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