Master of Arts (MA) Economics

Master of Arts (MA) Economics

What is M.A. in Economics?

A Master of Arts in Economics is a postgraduate degree programme in economics. M.A. in Economics widely and usually focuses on microeconomics, macroeconomics, econometry, public economics, international, and financial economics, with a combination of all parts of economics in society. The course is a field of science that studies production and consumption and market supply and demand fluctuations. It provides a wide description of resource use in insurance, banking, investments, markets, and many other economic areas.

The study of wealth generation, distribution, and consumption in a society is the subject of a master's degree in economics. The M.A. in Economics curriculum focuses on financial and market management concepts and the global economy and financial market diversions. It not only demonstrates how finance works in an economy, but it also qualifies one to confront problems in the field.

The course covers a large portion of macroeconomics, such as price, production, and employment, and microeconomics, which deals with needs, suppliers, markets, consumer behavior, and other economic issues. The study of economics revolves around factors that influence every element of a country, from citizens to companies to government and services.

Degree holders may find employment in the public or private sectors in the banking, finance, and labor markets.

Eligibility Criteria for M.A. in Economics

The eligibility criteria for admissions through entrance examinations and merit are varied. However, candidates interested in pursuing a master's degree in economics must meet the M.A. Economics eligibility criteria listed below.

• Candidates must have completed graduation in economics or a related branch of study.
• At the graduate level, a minimum percentage of 50% is necessary.

Benefits of M.A. in Economics

Studying this subject may be both entertaining and beneficial. To learn how to consider the following points.

• M.A. Economics provides students with a solid understanding of the topic by emphasizing the importance of increasing demands and limited resources to meet those demands.
  
  
• M.A. Economics can lead to a wider range of high-paying employment than other bachelor's degrees. These degree recipients might work in the banking, academic and organizational, government, and investing industries.
  
  
• Being certified also opens up the possibility of obtaining a Ph.D. in the same subject.
  
  
• Economists are essential since they are in charge of recognizing ongoing structural changes in the market and dealing with an economy's stability and national security.
  
  
• This course might also help you go one step closer to becoming a member of the Indian Economic Services.

Future Scope of M.A. in Economics

• Candidates eager to continue pursuing this can apply for a Ph.D. or M.Phil in Economics or another relevant research subject that could be appealing.
  
  
• Advanced-level computation, numerical formulae, statistical procedures, and intellectual abilities are part of this specialist degree. The MA Economics course teaches students how to apply various economic foundations and concepts to real-world problems.
  
  
• After earning an M.A. in Economics, you can work in banking and finance, economic consulting, the International Labour Organization, research organizations, and entrepreneurship.
  
  
• Actuarial and Data Analysis Education, among other things

Career and Job Opportunities after M.A. in Economics

Since Economics is so intimately linked to money, markets, and the overall running of a country's economy, M.A. Economics graduates with a good percentage have many opportunities to work as economists in both government and commercial companies.

The scope of Economics is fairly broad and profitable in industries such as banking, insurance, financial services, trade and commerce, and business management.

M.A. in Economics may lead to various difficult job possibilities in sectors that need numerical, analytical, and problem-solving abilities, such as financial management, market research, company planning, budgeting, and resource allocation.

Fees Structure & Course Duration of M.A. in Economics

The yearly fees for M.A. in Economics might range from INR 10,000 to INR 50,000, depending on an individual's college preference. The duration of this course is 2 years.