MA Economics

MA Economics

Economics deals with the study of production, distribution as well as consumption of goods and services. It is one of the most sought after subjects amongst commerce and social science students and offers lucrative career opportunities in both public and private sector. Further, it is also included under the syllabus for various government exams and civil service exams. For those aspiring to explore the basic concepts of economics at an advanced level and soar towards a career in research, MA Economics is a suitable choice. In this blog, we have collated all the quintessential details about MA economics, major subjects, top universities and career scope. 

Also Read: Career in Managerial Economics

Course Overview

MA Economics is a 2-year postgraduate degree that encompasses a detailed study of the nuances of economic development and various branches of economics like Macroeconomics, Microeconomics, Public Economics, amongst others. Topics like monetary economics, elementary statistics, International trade are thoroughly taught in this course. Further, you will also get to explore how consumption and production including supply based activities that take place in the markets. A professional degree holder in MA Economics can find lucrative career opportunities to work in both government and private sectors. Banking, financial institutions, labour markets are some of the top working areas graduates can choose from. 

Subjects Covered

Economics is a multidisciplinary subject that involves everything from Microeconomics, Macroeconomics, Econometrics, Agricultural Economics, to name a few. Here are some of the core subjects taught in MA Economics:

  • Microeconomic Theory 
  • Macroeconomic Theory
  • Mathematical Economics
  • Game Theory
  • Econometrics
  • Economic Development and Policy
  • Finance: Theory, Institutions, and Modelling
  • Public Policy: Theory and Institutions
  • Developmental Economics
  • Financial Economics
  • Industrial & Agricultural Economics
  • Political Economics
  • Money and Banking
  • Sectors of the Indian Economy
  • International Economics
  • Environmental Economics
  • Microeconomic Analysis
  • Monetary Economics
  • Public Economics

Also Read: Difference Between Micro and Macro Economics

Eligibility Criteria 

There are certain prerequisites that are required to be fulfilled by those wanting to pursue a MA Economics. Take a look at the basic eligibility requirements for this program and its course variants:

  • 10+2 in any stream from a recognised board of education.
  • You must also have a bachelor’s degree in economics or a relevant field of study with the minimum marks required by the university. 
  • For those planning to study a master’s degree in Economics abroad, they will be required to provide English Proficiency test scores like IELTS, TOEFL, PTE, etc. as well as a Statement of Purpose (SOP) and Letters of Recommendation (LORs).

Note: These eligibility requirements indicate only general criteria for MA Economics and its related programs. Students are advised to go through their chosen university’s website to know about the program requirements in detail.

Course Variants of MA Economics

MA economics has various course variants for those wanting to study any specialisation of Economics. Here are the popular course variants of a master’s degree in Economics:

Master of Applied Finance and Economics MSc in Financial Economics Master of Business – Economics
Master of International and Development Economics MA Economic Policy Master of Science in International Economics and Finance
Global Pathways for MA Economics MSc Economics Master of Applied Economics and Econometrics
Master of Finance and
Business Economics
Master of Applied Economics Master of Arts in Economics and Decision Sciences

Top Universities Offering MA Economics

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

Career Prospects After MA Economics

Since economics has always been a popular career field, MA Economics graduates can find numerous job prospects in both the private and public sector. Here are the major career prospects you can choose from after completing a master’s degree in Economics.

  • Research Analyst
  • Data Analyst
  • Economist
  • Project Manager
  • Content Creator
  • Financial Journalist
  • Policy Researcher
  • Strategy Analyst
  • Credit Officer-Retail
  • Stock Broker
  • Policy Analyst

Employment Areas

Now that you are familiar with the prominent job opportunities for MA Economics graduates, here are some of the key employment areas:

  • Healthcare
  • Internet / Communications
  • Environmental sectors
  • Government Organisations
  • NGOs
  • Private Companies
  • Banking and Finance
  • Research Institutes
  • Academia

Also Read: Economics for UPSC

We hope that this blog familiarized you with the key details of MA economics and its course variants. Planning to pursue a master’s degree in Economics? Let our Leverage Edu experts assist you in finding the right program and university which aligns with your interests and preferences and equips you with the necessary knowledge and skills to build a successful career in Economics. Sign up for an e-meeting today!

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