M.Phil Economics Syllabus and Subjects


Average Fees

INR 2000 - 70,000 PA

Surobhi Chatterjee

Updated on Oct 3, 2022 by Surobhi Chatterjee

Surobhi Chatterjee

Updated on Oct 3, 2022 by Surobhi Chatterjee

The M.Phil Economics subjects and syllabus is two years which is equally segregated into four papers. M.Phil Economics Syllabus and subjects cover econometric methods, Advances in Microeconomic Theory, Trade and Development Dynamics, ROL, Dissertation, and many more. M.Phil Economics gives an insight into financial and economic development through these topics under syllabus and subjects.

Semester Wise M.Phil Economics Syllabus

Like any other academic degree, M.Phil Economics Subjects and Syllabus teach students in classrooms through theory and lectures, projects, and research assignments, among other things. The M.Phil Economics course is structured into four papers, with a dissertation in the final semester. M.Phil Economics course list consists of 5-8 compulsory core subjects and many elective courses which a student has to choose. The following is M.Phil Economics Subjects semester wise:

M.Phil Economics First Year Syllabus

Semester I

Semester II

Agricultural Development: Technological Change, Price Policy & Land Reforms

Growth, Sectoral Composition, Poverty and Unemployment

Industrial Development

Intellectual Property Rights TRIPs And Their Implications

Foreign Trade, Trade Policies, and Balance of Payments

Alternative Theories of the Firm -Critical 

Foreign Direct Investment

Williamson’s Model Of Managerial Discretion

Marris Model Of The Managerial Enterprise

Fiscal Policy and Fiscal Reforms


M.Phil Economics Second Year Syllabus

Semester III

Semester IV

Indian Financial System

A Behavioral Model Of The Firm

Game-Theoretic Models

General Equilibrium-Production

Economics of Uncertainty-Individual Behavior Towards Risk

Expected Utility And Certainty Equivalence Approaches

Comparative Statics In A Closed Economy

Relative Efficiency of Fiscal and Monetary Policies in an IS-LM Model-The Crowding-out Effect

Unemployment And The Labour Market

Neo-Classical Labour Market Equilibrium

The M.Phil Economics Subjects

The M.Phil Economics subjects like Finance, Business, Economics, Investment, etc., are taught in the M.Phil Economics degree curriculum. The graduates must expand their knowledge in the business world with rising economic aspects, which will be beneficial for them to get a better job scope in M.Phil Economics in India and abroad on behalf of their skills.

Core Subjects:

  • Econometric Methods
  • Advances in Microeconomic Theory
  • Trade and Development Dynamics
  • ROL
  • Dissertation

The M.Phil Economics Course Structure

The M.Phil Economics syllabus and course curriculum is structured into two categories, namely core and elective subjects. The course is divided into six semesters based on finance, economics, business, history of economics, econometrics, macroeconomics, microeconomics, and other topics. Some of the M.Phil Economics course details are:

  • IV Semesters
  • Core and Elective subjects
  • Projects/Assignments
  • Dissertation

The M.Phil Economics Teaching Methodology and Techniques

The M.Phil Economics Degree course curriculum includes various teaching methods and techniques that help students understand multiple topics taught in their classes. Some of the different teaching methodologies and techniques adopted in the course curriculum of The M.Phil Economics degree course are as follows:

  • Case Studies
  • The emphasis of Practical and Theoretical Learning
  • Guest Lectures, Seminars, and Conferences
  • Group Assignment and Discussion
  • Presentations and Modules
  • Research & Development

The M.Phil Economics Projects

Project Topics for the M.Phil Economics is an amazing resource opportunity for students from economic backgrounds and aspirants looking to complete the doctorate program ahead. Students pursuing the M.Phil Economics project topics are Demonetization in India, Cost Function and Cost Curve, Balance of Payment, Production Possibility Curve, Price Discrimination, etc. Some of the best project topics for the M.Phil Economics Course:

  • Banking Sector Reforms
  • Tax Reforms
  • Immigration
  • Inequality and Poverty
  • Jobs and Unemployment
  • Economic Growth
  • Education
  • Green Economics

The M.Phil Economics Reference Books

Best books for M.Phil Economics help students understand various subjects and topics covered in the course curriculum. The M.Phil Economics reference books help undergraduates expand their knowledge and vision about multiple topics covered in their classes. Some of the very best M.Phil Economics books are:

M.Phil Economics Books



  Principles of Economics

N. Gregory Mankiw

Principles Of Economics: Principles of Economics (Pearson Series in Economics)

Karl E. Case,‎ Ray C. Fair, and Sharon M. Oster

Essential Mathematics for Economic Analysis

Prof Knut Sydsaeter and Prof Peter Hammond

Fundamental Methods of Mathematical Economics

Chiang,‎ Wainwright 

People's History of India

Irfan Habib

M.Phil Economics Fee Structure

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