MA Economics Syllabus & Subjects:

Master of Arts in Economics covers many subjects that give aspiring economists the knowledge to tackle economics issues. The course involves knowledge of mathematics and statistics. Being prepared by using Basic Economics concepts notes that can be obtained from free resources would help students who are starting out at MA Economics.

MA in Economics involves less mathematics, than M.Sc Economics but relies on more qualitative modules, even pulling in related social sciences fields such as sociology and psychology. 

The subjects offered may vary slightly based on the preferences of the offering university. Master of Arts in Economics course syllabus is mentioned below.

Sl. No. Microeconomics Macroeconomics
1 Theory of Consumer Behavior
Classical Economics, Keynesian Economics and Monetarism
2 Theory of Firm Production and Cost
National Income and Output
3 Factor Market
Monetary and Fiscal policy
4 Equilibrium External Sector

 

Sl. No. Mathematics for Economics
Statistics And Computer Applications
1 Functions and Calculus
Software for spreadsheets
2 Matrix, Determinant and Differential Equations
Probability Theory
3 Basic Concepts and Linear Algebra
Descriptive Statistics

 

Sl. No. Agricultural Economics
International Finance
1 Major Aspects in Indian Agriculture
Exchange rates and Forex risk
2 Consumers and Producers
Balance of Payments
3 Demand and Supply in Agriculture
Currency Derivatives

Some institutes include a project/ dissertation as part of the curriculum in one of the semesters typically in the second year. In such cases, the students are supposed to present their findings and defend their work in a viva-voce.

Other institutes have coursework in all the semesters.

The subjects that form the curriculum of the MA Economics course are listed below. There are slight variations across universities, but there is a standard prescription as per international and domestic 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

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