M.A. Economics
March 28, 2023 2024-06-06 7:13M.A. Economics
M.A. Economics
TWO YEARS PROGRAMME
About The Programme
The M.A. in Economics programme at JSGP provides an in-depth understanding of economic theories, models, and concepts, enabling students to analyse complex economic issues at an advanced level. The programme offers extensive training in advanced microeconomics, macroeconomics, quantitative skills, statistics, and econometrics. The programme equips students to undertake theoretical and empirical research, data analysis, and modelling of real-world complex economic facts. It provides students access to internationally acclaimed databases and statistical software, which provides each student an opportunity for hands-on training to use these databases and statistical packages effectively and efficiently. This a priceless opportunity for students to engage in research projects with faculty, which helps develop critical research skills and potentially leads to publications or participation in research institutions. The programme emphasises data analysis and quantitative skills, which prospective employers highly value. M.A. Economics graduates are well-prepared for a wide range of careers because it is contemporary and dynamic. It meets the expectations of both industry and academia because it imparts the knowledge and skills for successful careers. JSGP M.A. Economics graduates can be confident about placement as economists, financial analysts, data scientists, market research analysts, policy analysts, and consultants, among others.
Scope of M.A. in Economics
The M.A. in Economics scope is vast with a range of opportunities and possibilities available for this programme's graduates. The M.A. Economics course is a two-year programme that provides a comprehensive and rigorous education in economics. The graduates of M.A. Economics course can work as economists, analysts, consultants, researchers, policy makers, and educators in various sectors, such as academia, government, corporate, non-profit, and international organizations.
The graduates can also pursue higher studies in economics or related disciplines, such as PhD. The M.A. Economics course prepares students for a successful and fulfilling career in economics, as it equips them with the theoretical and empirical knowledge, as well as the analytical and quantitative skills, that are essential for understanding and addressing the complex economic issues and challenges faced by the world today.
What Makes It Different at JGU
The M.A. in Economics programme at Jindal School of Government & Public Policy (JSGP) offers a comprehensive curriculum that focuses on classical paradigms and their practical application in solving real-world problems. The programme creatively combines orthodox and heterodox approaches, equipping students with skills that are in high demand in academia, policy teams in corporations, consultancy companies, non-profit organisations, and governments at the national, state, and local levels.
The globally oriented curriculum is taught by highly qualified and research-oriented faculty members, allowing students to understand economic theories from a global perspective deeply. The M.A. Economics syllabus covers various topics such as macroeconomics, microeconomics, public economics, econometrics, finance, accounting, and international and financial economics. The option of writing a research thesis under faculty supervision is available, allowing students to explore their research interests in greater depth.
JGU’s research-intensive environment and on-campus research centers offer students opportunities to engage in research and gain hands-on experience. Graduates of the programme acquire the knowledge and skills to excel in different roles and functions in various sectors of the economy. The M.A. in Economics scope is quite high since every company has a financial department and requires skilled graduates from the field of finance and economics to handle them.
To be eligible for the M.A. in Economics program, applicants must have completed a Bachelor’s degree in Economics or another social science subject, or in Statistics, Physics, Mathematics, Commerce, Business, or Engineering. Performance in the undergraduate degree and entrance examination will be taken into account during the admission process. A demonstrated ability to work with mathematical methods at the undergraduate level is desirable. Merit-based scholarships are available, and applicants will be interviewed to determine eligibility.
The admission process for the M.A. Economics programme involves two rounds, which include a closed-book entrance exam and a faculty interview.
The M.A. Economics programme at Jindal School of Government and Public Policy (JSGP) is designed to provide students with a balanced curriculum of core and elective courses that combine classical and modern theoretical developments in economics and their application to real-world issues. The course is spread across four semesters, covering a total of 90 credits, with 12 core courses, 6 electives, and a dissertation.
The first two semesters consist of 5 core courses each, covering topics such as mathematics, statistics, microeconomics, macroeconomics, programming languages, and academic writing. The third semester offers 2 core courses and 3 electives, including Indian economic analysis, econometrics, game theory, and development economics. The final semester includes 3 electives and a dissertation comprising 8 credits. Alternatively, students may choose to study two additional electives instead of a dissertation in the final semester.
The programme’s pedagogic approach combines lectures, tutorials, group discussions, computer lab training, and one-to-one guidance in dissertation writing. Students are expected to gain a deep understanding of the classical paradigms in economics and learn to apply insights to solve real-world problems. The curriculum is taught by research-oriented, internationally-qualified faculty with a global perspective, providing students with the knowledge and skills to excel in different roles and functions.
- Advanced Game Theory
- Decision Theory
- Behavioural Economics
- Experimental Economics
- Applied Econometrics
- Health Economics
- Time Series Analysis
- Public Economics
- Political Economy
- International Economics
- Industrial Organisation
- Agricultural Economics
- Economic and Social Networks
- Environmental Economics
- Labour Economics
- Social Choice Theory
- Advanced Macroeconomics
- Empirical Development Economics
Jindal School of Government and Public Policy has a dedicated career services team that helps students of the Economics graduate programme find placement opportunities. This team works in tandem with the student-run job placement cell to organise workshops that provide students with the necessary skills to write a strong curriculum vitae and prepare for interviews. The team also invites potential recruiters to the campus, enabling students to interact with them and explore various career opportunities.
Jindal School of Government and Public Policy’s Economics graduate students have been successful in securing employment in reputed organisations such as the UNDP, World Health Organisation (Geneva), NITI Aayog, Centre for Policy Research, PRATHAM, Teach for India, Observer Research Foundation, CUTS-Jaipur Public Policy Division; Centre for Public Policy Research (Kochi), Centre for Budget and Government Accountability (CBGA), Centre for Budget and Policy Studies (CBPS), Public Affairs Centre (Bengaluru), and civil services at various levels. Graduates have also been awarded Prime Minister’s Rural Development Fellowships and Legislative Assistants to Members of Parliament (LAMP) Fellowship, which demonstrates the effectiveness of the programme in preparing students for various roles in academia, policymaking, and development sector which makes us one of the best college for M.A. in Economics.
JSGP is a vibrant and active hub of student-led initiatives and clubs that foster critical thinking, policy debates, and social entrepreneurship. SOCH is one such student-driven initiative that organises regular screenings of documentaries and films followed by discussions on issues related to politics, society, and international relations. Similarly, Policy Corner is an online writing platform where students discuss local, national, and global policy issues with a wider audience, providing a platform for debate and deliberation. The Public Policy Club provides students with hands-on experience in applying theoretical learning to real-life challenges, while Enactus fosters socially responsible entrepreneurship among JSGP students, empowering them to create sustainable business plans that address some of the most pressing problems of the world.
These student-led initiatives not only enrich the academic experience of JSGP students but also contribute to their personal and professional development.
FAQ's
1. What is the M.A. in Economics scope in India?
The scope of an M.A. in Economics in India is quite vast. Graduates can explore a variety of roles and career opportunities in various fields such as policy analysis, banking and finance, research, and employment in international organisations. Moreover, there is also a lot of scope for the graduates of this course in consulting firms that offer positions for economic analysis, market research, and policy evaluation.
2. What is the M.A. Economics syllabus at JSGP?
The syllabus for M.A. Economics programme at JSGP is based on a blend of core and elective courses. The first two semesters cover topics such as mathematics, statistics, microeconomics, macroeconomics, programming languages, and academic writing. The third semester offers 2 core courses and three electives, including Indian economic analysis, econometrics, game theory, and development economics. The final semester includes three electives and a dissertation comprising eight credits. Alternatively, students may choose to study two additional electives instead of a dissertation in the final semester.
3. What are the M.A. in Economics best colleges in India?
Following is a list of the top colleges for a M.A. in Economics in India:
- Jindal School of Government & Public Policy (JSGP), O.P. Jindal Global University
- Indian Statistical Institute (ISI)
- Delhi School of Economics (DSE)
- Indira Gandhi Institute of Development Research (IGIDR)
- Jawaharlal Nehru University (JNU)
- Ashoka University
4. What are the admission requirements for the M.A. in Economics at JSGP?
Applicants for the M.A. in Economics programme must hold a Bachelor’s degree in Economics, other social sciences, or related fields like Statistics, Physics, Mathematics, Commerce, Business, or Engineering. Performance in undergrad and entrance exams is also considered. A strong grasp of mathematical methods at the undergraduate level is preferred. Merit scholarships exist, and eligibility is determined through interviews. The admission process includes a closed-book entrance exam and a faculty interview.
5. What are the career opportunities for graduates of the M.A. in Economics programme at JSGP?
Many graduates of the M.A. in Economics programme at JSGP have successfully secured positions in prestigious organisations such as UNDP, WHO, NITI Aayog, and various research institutes. Some graduates have also received Prime Minister’s Rural Development Fellowships and LAMP Fellowships. This success underscores the programme’s effectiveness in preparing students for roles in academia, policymaking, and the development sector, solidifying our reputation as a premier institution for an M.A. in Economics.