MA Economics Syllabus

4 minute read
MA Economics Syllabus

Often graduates of the Economics field are perplexed about which course to pursue after completing their graduation. One such prominent option would be MA Economics. By earning this degree, you will become an expert with advanced knowledge of a domain that will never fade away. In every sector or department, economics plays a pivotal role. Thus, by securing the right degree in the field you can establish a flourishing career in the industry. Are you sceptical about what MA Economics offers as a course? Then, you have landed on the right page as we aim to highlight the MA Economics syllabus through our blog. 

MA Economics Syllabus Distribution

As you know that MA Economics is a two-year course which is divided into four semesters, thus, we will cover the syllabus of all the four semesters as students have to undergo separate examinations to qualify each one of them. Mentioned below is the semester wise bifurcation of syllabus: 

Semester 1

The first semester of the first year aims to brush up your previously acquired knowledge in economics. It will present you with a variety of subjects that you may be familiar with at an advanced level. Mentioned below are the major subjects for semester 1:

Microeconomics – I Macroeconomics- II Quantitative methods in economics International economics
-Theory of Consumer Behaviour -National Income -Differential and Difference Equations -Terms of Trade
-Theory of Production and Cost -Classical Theory of Output and Employment -Differentiation and Integration -Theories of International Trade
-Price Output Under Perfect Competition and Monopoly -Theories of Consumption -Linear Programming -Balance of Payments and Adjustments
-Ask Price-Output Under Monopolistic Competition and Oligopoly -Keynesian Theory of Income Determination -Linear Algebra -Collapse of Bretton Woods System and Emergence of International Monetary System 

Are you sure you know the difference between macro and micro Economics?

Semester 2 – MA Economics Syllabus

The second semester is the final ladder that you have to climb to qualify the first year of your course. Just as your previous semester this one will also familiarise you with a bunch of economics subjects. Here are the prominent subjects which you will study in the second semester.

Microeconomics – II Macroeconomics – II Economics for development and planning Quantitative methods in Economics- II 
-Marginalist Controversy and Average Cost Pricing Business cycle theories Development theories Index number
-Collusive Oligopoly and Theory of Games Theories of investment Economic development Correlation and regression
Factor of pricing and economic distribution Inflation and unemployment Importance of institutions Elementary concept of random variable
General equilibrium and welfare economics Macroeconomic policies Investment criteria and choice of techniques Sampling

MA Economics Syllabus 3rd Semester

As soon as you step into the 3rd semester, it will open up a gateway into newer subfields of Economics. As you will be in the second year of your course, you will have to select a specialisation. your core structure from now onwards would be centric as per your chosen specialisation. The list of courses available for specialisation vary from one university to another, however tabulated below are some common subjects for semester 3:

Basic economic tricks Public Finance Research methods in economics
Linear regression model problem of estimation Public expenditure and Public Finance Research methodology
Relaxation of assumptions of c l r m Public debt Sources data
Extension of regression models Public revenue Qualitative quantitative and mixed methods of data analysis
Basics of time series and dynamics models Federal Finance Use of computers in research

Must Read: Career in Financial Economics

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Semester 4 

In your final semester, you will be studying multiple subjects. Also, you will be asked to submit a thesis based upon your specialisation. Once you clear this semester, you are all set to conquer the world as a graduate in the field of Economics. Here are some vital subjects that are part:

Advanced econometric theory and applications International trade and investment Rural economics
Limited dependent variable models Conceptualization of trade Approaches to understanding rural development
Time series and econometric modelling Regional integration Rural economy
Applications Emerging patterns of trade Planning for rural development
Panel data modelling Investment and development Rural entrepreneurship

Top 10 Universities offering MA Economics

Here are some of the topmost institutions that offer MA economics and its variant programmes.

Thus, we hope that through this blog elucidating MA Economics subjects & syllabus, you are now familiar with what it entails. In a broad field like economics, there are a variety of masters courses which one can pursue. Get in touch with our Leverage Edu experts and they help you in shortlisting the course that matches the best with your career goals along with the ideal university for it. Hurry up! Book an e-meeting. 

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