MA Economics or Master of Arts in economics is an academic programme in post graduation which offers training in economics, econometrics or applied economics. The degree is offered either as terminal degree only with the support of Thesis, or professional degree, or as a preparation for doctoral studies. The core topics will be from micro economics and macro economics, comparative economic systems, money and banking systems, and international economics. The course is a full time programme of 2 years and having 2 semesters each year.

Advantages or Benefits of Doing Master in Economics:

MA Economics have many career opportunities as teacher, Researcher, Accountant, Investment banker, Money manager, Finance consultant and also include career options in the area of flow in money. Apart from this an MA (Economics) graduate can do higher studies like PhD and M.Phil, and can also take a chosen career from different streams in economics. Another benefit is that the candidate can also apply for the UGC-NET and IEF examination after completion of the course.

Eligibility criteria for MA Economics:

The basic eligibility for pursuing MA Economics degree is that the candidate must have a graduation degree in any stream. There is no age limit for applying to the course. Some universities are demanding that the candidates’ graduation course should have a paper in economics. And the universities are expecting those candidates should have scored 45% above in his graduation degree.

Admission Procedure for MA Economics

Candidate has to pass all-India written test for getting admissions for MA economics in certain Univesities or Colleges. The questions cover the topics from micro economics, macro economics, statistics, and some related subjects. The purpose of the test is to evaluate the knowledge of the candidates in respective fields. The candidates who have qualified for the examination will be shortlisted for the interview round.

Entrance Examination in India

• Jawaharlal Nehru University Entrance Exam
• Madras School of Economics Entrance Exam
• BHU M.A. entrance exam for Economics
• Delhi University entrance test
• IGNOU Entrance Test
• Mumbai University Entrance Test
• Anna University MA/M.Phil Entrance Exam
• Genteel School of Business & Economics All India Entrance Exam
• Pune University Entrance Test

How to fill in MA Economics Application forms?

• The application forms for the above examinations for all India are available in online and also from respective centers. The candidate has to pay the application fee in the bank and receive Chelan. And the DD number has to be carefully filled in the form. They need to correctly provide the personal and educational details. The instructions for filling the form are there in the brochure of the application form. While for online application a passport size photograph has to be scanned and attached along with the online form before sending. The dates for the examination will be announced well in advance.

MA Economics Exam pattern

• The examination covers the topic of macro, micro economics and other related topics along with statistics and general knowledge. The examination is of 2 hours where in which there are two parts, part A consists of general economics and Part B consists of quantitative type question answers with Twenty questions of 1 mark each (20marks), Forty questions of 2marks each (80marks). There is negative marking of 1/3marks for the 1mark questions and 2/3marks for 2marks questions.

MA (Economics) entrance coaching centres

• Edvantage Education Private Ltd
• A.V. Classes
• Aggarwal College
• English Point
• Arya Coaching Centre
• ED Star
• Foreign Language Courses
• Education
• I.Q.T.I. Bangalore
• Share Point Server
• CSIR NET JRF Coaching At Biotech Academy
• Lisas I.A.S
• Anuragam Classes
• Miglani Tutorials
• A.V. Classes
• Austech international Campus
• Better Think
• Sai Academy
• Future Plus Edutech Pvt.Ltd
• Kiwi And Maple
• Overseas Solution
• Drovers the Learning Collegium
• Him Education
• Pinnacle Career Institute
• I.D.M Solution Pvt.Ltd
• Gold Leaf Exam Pvt Ltd
• Kapron British College
• Angel Cere Giving Institute
• Sociology Made Easy
• Toppers IAS
• Gate Life Sciences Coaching
• Excellent Coaching Institute
• C.C.C. Coaching Institute
• Acme Zone
• Bright College
• Brilliant Tutorials
• Gyan Bindu Academy
• Path finder Academy
• Kalinga IAS
• Trump and Gates
• National Institute of Competitive Studies

Reference books for MA (Economics) Entrance Exam

• Macroeconomics by Dornbusch and Fisher
• Macroeconomic Theory and Policy by William Branson
• Macroeconomics, Schaum Series (little elementary)
• Macroeconomics by Oliver Blanchard
• Macroeconomics by Mankiw
• Intermediate Microeconomics (7th edition) by Hal Varian
• Varian Workbook
• Pindyck workbook
• UGC- NET/SLET economic guide by R. K.Gupta
• Objective Economies by Sanjay Kumar
• Modern UGC-NET Economics

Top MA Economics Colleges in India

• Tolani Maritime Institute, Pune
• Lady Shri Ram College for Woman(LSRC), Delhi
• Ramjas College, Delhi
• H.R College of Commerce & Economics, Mumbai
• Ethiraj College, Chennai
• Sri Guru Gobing College of Commerce & Economics, Delhi
• St. Alberts College Kochi
• Lala Lajpat rai College of Commerce & Economics (LLCC) Mumbai
• IIT Kharagpur- Indian Institute of Technology, Khoragpur
• Lovely Professional University, Jalandhar
• Loyola College, Chennai
• St. Stephens College, Delhi
• Madras Christian College, Chennai
• Presidency College, Chennai
• Fergusson College, Pune
• Christ College/ University, Bangalore
• Hans Raj College, Delhi
• Genteel School of Business & Economics, Pune
• Symbiosis School of Economics(SSE), Pune
• Amity School of Natural Resources and Sustainable Development, Noida
• MMK College of Commerce and Economics, Mumbai
• IIT Kharagpur: Department of Humanities, Kharagpur
• WLC College India
• Globsyn Business School, Kolkata

MA Economics Course Curriculum

The MA Economic course is spread over a period of two years which is divided in to four semesters with an examination at the end of each semester. Each student has to attend at least two internal and end semester examination. Best two out of three internal will be assessed for grading. The broad objective of the course is to teach the latest developments in the principles of economic theory, to teach applications of theories in analyzing current economic problems, to equip students with tools of econometrics for applied economic research, to impart a firsthand experience of how professional economists function sin various government, semi-government and corporate organisations though the summer internship program.

The minimum marks required for the program is 64 (which depends on the university), and this will be over a duration of four semesters which is extendable by two extra semesters. Students are graded in each course as per the university grading norms.

MA Economics Specializations

• Advanced Indian Economy
• Agrarian Political Economy
• Agricultural Development and Policy
• Agricultural Economics
• Co-operation: Theory and Practice
• Data Envelopment analysis
• Demography
• Econometrics
• Economics of Agricultural Productions and Raw materials
• Economies of Growth and Development
• Environmental economics
• Financial Economics
• Gender Economics
• History of Economic Thought
• Human development
• Indian Banking System
• Industrial Economics
• Input-Output theory and applications
• Public enterprise and public utility
• Regional economics theory and Methods
• Statistical foundations of econometrics
• Survey methods
• Theory and practice of regional trading and monetary arrangements
• Trade unions and industrial relations in India
• Transportation Economics: theory and practice
• Urban economics

MA Economics Course Evaluation

The course evaluation is mainly done through the examinations conducted at the university level. There will be internal examination also. The project works, classroom performance, assignments, attendance etc. are also used as evaluation tool.

MA Economics Text Books

• Varian. H.R. Micro Economics A modern Approach.
• Mc Conenell & Brue Micro Economics Principal, problems & policies.
• McGraw Hills Professional Publication.
• Ahuja, H.L. Advanced Economic theory
• Jain K.P. Advanced Economic theory
• Jhingan M.L. Modern Micro Economics
• E.J. Shapiro Macro Economic Analysis
• W.H.Bransin Macro Economic Theory and Policy
• M.L.Jhingan Macro Economic Theory
• M.C.Vaishya Macro Economic Theory
• SunilBhaduri Macro Economic Analysis’
• R.A.Musgrave Theory of Public Finance
• Allan Brownlee Economics of Public Finance
• A.C.Pigou Public Finance
• R.N.Bhargava Theory of Working Union of Finance in India
• N.R.Bahrgava Indian Public Finance
• A.E.A. Reading in Fiscal Policy
• A.P.Lerner Economics of Employment (Relevant Chapters
• B.R.Mishra Indian Federal Finance
• Andley & Sundharam Public Economics and Public Finance (Also Hindi Edition)
• Gupta & Gupta - Statistics
• R. G.D.Allen - Statistics for Economics
• Metha and Madnani - Mathematics for Economists.
• A.L. Bowliy - Elements of Statistics
• Croxton & Cowden - Applied General Statistics
• JITSChandan - . Statistics for Business & Economics
• S.P.Gupta - Statistical Methods
• E.J.Shapiro W.H. Bransin - Macro Economic Analysis Macro
• M.LJhingan - Macro Economic Analysis Macro
• M.C.Vaishya SunilBhaduri- Theory Macro Economic Analysis
• 4. KK.Kurihara – Monetary Theory and Public Policy

What to do after MA Economics

MA Economics have many career opportunities as after course completion one can look for opportunities in teaching, research, as Accountant, as Investment banker, as Money manager, and also as a Finance consultant etc. Apart from this an MA (Economics) graduate can do higher studies by doing a PhD or M.Phil, and can also take a chosen career from different streams in economics. Another option is that the candidate can also apply for the UGC-NET and IEF examination after completion of the course.

Job and Career Options

The career option opens for the Post graduates in Economics is many. The higher qualification will help the candidates to move further in the career field. The research opportunities available for the postgraduates in the field are higher. A candidates having Masters Degree in Economics can choose different jobs and areas including eth following,

Job Types

• Accountant
• Business Analyst
• Corporate Analyst
• Financial Analysts
• Investments Analyst
• Investment Banker
• Market Analysts
• Marketing Manager
• Money Manager
• Operations Manager
• Personal Finance Consultant
• Securities Analyst
• Employment Areas

Various corporate sectors in their marketing and accounts sections

• Finance
• Commerce and the Banking Sectors
• Research Associates with Economic Consulting Firms
• Economic Consulting Jobs
• Customs Department
• Import / Export Companies
• Civil Services
• Agricultural Economics
• Econometrics

Remuneration after MA Economics

Remuneration of MA candidate depends up on the skills and ability to apply what they learned from the course. The remuneration part also depends on the knowledge domain and specialization field of the individual. They can get in to any public and private organizations for work, but at the preliminary stage they will be paid only Rs.8000-10000 per month based on their competence but there are economists who are getting a compensation package of more than Rs. 1 lakh per month.