The M.Sc Economics is a two-year postgraduate course dedicated to economic research and analysis. It aims to introduce all the basic concepts of economics, finance and management. Students learn about various economic models and their effects based on various parameters.
The core subjects of MSc economics are Microeconomics, Macroeconomics, Mathematical Methods for Economics, Econometrics, Advanced Indian Economics, Development Economics, History of Economic Ideas etc.
See Also: Economics Courses
The top elective subjects in MSc Economics Syllabus are Development Studies, Game Theory and Information, International Economics, Public Economics, Political economy of Development, Economics of Marx etc.
Table of Contents
3.1 First Year
3.2 Second Year
4.1 MSc Financial Economics Syllabus
4.2 MSc Agricultural Economics Syllabus
- MSc Economics Syllabus in Calcutta University
- MSc Economics Syllabus in BITS Pilani
- MSc Economics Syllabus in Dr. BR Ahmedkar School of Economics
- MSc Economics Syllabus in Sister Nivedita University
- MSc Economics Syllabus in St Xaviers College
- MSc Economics Syllabus in Shri Mata Vaishno Devi University
- MSc Economics Top Colleges
- MSc Economics Books
- MSc Economics Syllabus: FAQs
MSc Economics Course Details
| Course Name | MSc Economics |
| Course Level | Masters |
| Duration | 2 Years |
| Admission Process | Merit based/Entrance Exam |
| Top Entrance Exam |
|
| Eligibility | Graduation from a recognized University |
| Top Colleges | Indian Statistical Institute, Kolkata; Symbiosis School of Economics, Pune; Indira Gandhi Institute of Development and Research, Mumbai; and Indian Institute of Technology, Kharagpur |
| Average Course Fees | INR 20,000 - 2,00,000 |
MSc Economics Syllabus
| Semester I | Semester II |
|---|---|
| Development Economics | Basic Econometrics |
| Microeconomics I | Environmental Economics |
| Macroeconomics I | International Economics |
| Money, Banking and Financial Markets | Microeconomics II |
| Technical Communication | Macroeconomics II |
| Mathematics for Economists | - |
| Semester III | Semester IV |
| Advanced Econometrics | Departmental Elective 4 |
| Public Policy: Theory and Practice | Departmental Elective 5 |
| Departmental Elective 1 | Departmental Elective 6 |
| Departmental Elective 2 | Project |
| Departmental Elective 3 | - |
| Seminar | - |
MSc Economics Subjects
Students must check the subjects of MSc Economics Syllabus before selecting this course.
See Also: Business Economics Courses
MSc Economics First Year Subjects
- Development Economics: Development economics deals with the economic aspects of the development process in low- and middle-income countries.
- Basic Econometrics: Basic econometrics includes economic theory, mathematics, and statistical reasoning for quantifying economic phenomena.
- Microeconomics: Microeconomics is the study of what can happen when individuals make decisions in response to changes in incentives, prices, resources, and/or production methods.
- Environmental Economics: Environmental economics deals with environmental issues. This is a highly researched topic due to the growing environmental concern in today's world.
- Macroeconomics I: Macroeconomics deals with the performance, structure, behavior, and decision-making of the economy as a whole. For example, interest rates, taxes, and government spending are used to regulate economic growth and stability.
- International Economics: International economics deals with the effects of international differences in productive resources and consumer preferences on economic activity and the international institutions that influence them.
See Also: Macroeconomics Courses
MSc Economics Second Year Subjects
- Advanced Econometrics: Advanced Econometrics focuses on modern econometric techniques, related to both technical derivations and practical applications.
- Public Policy: Public policy refers to a system of laws, regulatory measures, courses of action, and funding priorities concerned with a given topic promoted by a governmental entity or its representatives.
Syllabus of MSc Economics Related Courses
There are many courses that have similar subjects as compared to MSc Economics. The syllabus of similar courses is mentioned below. Similar courses include MSc Financial Economics, MSc agricultural economics are mentioned below:
MSc Financial Economics Syllabus
| Semester I | Semester II |
|---|---|
| Microeconomics I | Financial Mathematics |
| Macroeconomics | Microeconomics II |
| Statistical Methods | Econometric Methods |
| Mathematical Methods | Financial Economics I |
| Semester III | Semester IV |
| Applied Econometrics | International Finance |
| Financial Economics II | Risk Management-Theory and Practice |
| Stochastic Models | Financial Regulation and Banking Supervision |
| Fixed Income Securities | Empirical Methods in Finance |
| Economics of Insurance | Financial Market Microstructure |
| Investment Banking | Project Work (Phase-2) |
| Games and Information | - |
| Project Work (Phase-1) | - |
MSc Agricultural Economics Syllabus
| Semester I | Semester II |
|---|---|
| Agriculture Production Economics | Agricultural Marketing & Price Analysis |
| Linear Programming Methods | Elementary Econometrics |
| Macroeconomic Theory and Policy | International Economics |
| Microeconomic Theory and Application | Research Methods for Social Sciences |
| Semester III | Semester IV |
| Agricultural Price Analysis | Seminar |
| Agricultural Input Marketing | Master’s Research |
| Agricultural Development & Policies | Project Evaluation |
| Agricultural Finance Project Management | Elective |
| Elective | - |
MSc Economics Syllabus in Calcutta University
MSc Economics Syllabus in Calcutta University is mentioned below
| Semester I | Semester II |
|---|---|
| Microeconomics-I | Microeconomics-II |
| Macroeconomics-I | Macroeconomics-II |
| Mathematical Methods for Economics | Econometrics-II |
| Econometrics-I | Development Economics |
| Advanced Indian Economics | History of Economic Ideas |
| Semester III | Semester IV |
| Development Studies | Indian Economics |
| Project-I | Project-II |
| One paper from Group-A | One paper from Group-A |
| One paper from Group-B | One paper from Group-B |
| One paper from Group-C | One paper from Group-C |
MSc Economics Syllabus in BITS Pilani
MSc Economics Syllabus in BITS Pilani is mentioned below
| Semester I | Semester II |
|---|---|
| General Biology | Probability and Statistics |
| Chemistry I | Chemistry II |
| Thermodynamics | Mathematics II |
| Mathematics I | Physics II |
| Physics I | Workshop Practice |
| Engineering Graphics | Computer Programming I |
| Semester III | Semester IV |
| Electrical Sciences I | Structure and Properties of Materials |
| Mathematics III | Electrical Sciences II |
| Computer Programming II | Fundamentals of Finance & Accounting |
| Principles of Economics | Principles of Management |
| Dynamics of Social Change | Measurement Techniques II |
| Measurement Techniques I | Technical Report Writing |
MSc Economics Syllabus in Dr. BR Ambedkar School of Economics
MSc Economics Syllabus in Dr. BR Ambedkar School of Economics is mentioned below
| Semester I | Semester II |
|---|---|
| Advanced Microeconomics | Advanced Macroeconomics |
| Quantitative Techniques in Economics [ | Public Economics |
| Advanced Econometrics-I | Advanced Econometrics-II |
| History of Economic Thought | Game theory |
| Programming with R | Advanced Research Methods [ |
| - | Programming with Python |
| - | Internship |
| Semester III | Semester IV |
| International Trade and Finance | Dissertation |
| Indian Economy | Political Economy |
| Monetary Economics | Economics of climate change |
| Behavioural Economics | Economics of climate change |
| Development Economics | - |
| Financial Econometrics | - |
| Global Financial Markets | - |
| Economics of Banking and Finance | - |
| World Economic History | - |
| Labour Economics | - |
| Introduction to Big Data Analytics | - |
| Law and Economics | - |
MSc Economics Syllabus in Sister Nivedita University
MSc Economics Syllabus in Sister Nivedita University ismentioned below
| Semester I | Semester II |
|---|---|
| Advanced Microeconomics | Economic Growth and Development |
| Advanced Macroeconomics | Public Economics |
| Statistics | Basic Econometrics |
| Mathematical Economics | Advanced International Trade |
| Indian Economics | Gender Economics |
| Semester III | Semester IV |
| Advanced Econometrics and Game theory | Dissertation/Project |
| Computer Tools for Economics | - |
| Economics of Rural Development and Planning | - |
| Labour Economics | - |
| Advance Financial Economics | - |
| Health Economics | - |
MSc Economics Syllabus in St Xavier’s College
MSc Economics Syllabus in St Xavier’s College is mentioned below
| Semester I | Semester II |
|---|---|
| Microeconomics-I | Microeconomics-II |
| Macroeconomics-I | Macroeconomics-II |
| Quantitative Economic Analysis-I | Quantitative Economic Analysis-II |
| Development Economics | Contemporary Issues In Indian Economy |
| Semester III | Semester IV |
| International Economics | Public Economics and Policy |
| Financial Economics | Econometric Methods -II ( Elective Paper 3) |
| Econometric Methods -I (Elective Paper 1) | Environment Economics -II (Elective Paper 4) |
| Environment Economics-I (Elective Paper 2) | Dissertation |
MSc Economics Syllabus (5 Years Integrated course) in Shri Mata Vaishno Devi University
MSc Economics Syllabus (5 Years Integrated course) in Shri Mata Vaishno Devi University is mentioned below
| Semester I | Semester II |
|---|---|
| Introductory Micro Economics | Mathematics For Economist-I |
| Basic Statistics | Probability & Statistical Methods |
| Basic Mathematics For Economists | Programming And Data Structures |
| Introductory Macro Economics | Money, Banking & Financial Institutions |
| Computer Applications For Economics | Intermediate Microeconomics |
| Semester III | Semester IV |
| Basic Econometrics | Environmental Economics |
| Intermediate Macroeconomics | International Economics |
| Public Finance | Optimization Techniques And Game Theory |
| Economics Of Natural Resources | Mathematics For Economists-Ii |
| Open Elective-I Human Virtues | Open Elective-Ii |
| Semester V | Semester VI |
| Financial Economics | Basic Issues In Indian Economy |
| History Of Economic Thought | Applied Econometrics |
| Agricultural Economics | Public Economics |
| Industrial Economics | Economics Of Tourism |
| Economics Of Growth And Development | Risk Evaluation And Management |
| Semester VII | Semester VIII |
| Advanced Microeconomics | Advanced Econometrics |
| Time Series Analysis | Advanced Macro Economics |
| International Trade: Institutions And Policies | Law And Economics |
| Economics Of Health And Education | Corporate Finance |
| International Finance | Economics Of Information And Time |
| Semester IX | |
| Big Data Analysis | |
| Entrepreneurship Skill | |
| Business Analytics | |
| Programming Using R & Python | |
| Advanced Financial Economics | |
| Panel Data Econometrics | |
MSc Economics Top Colleges
| Name of the College | Average Annual Fees |
|---|---|
| Indian Statistical Institute, Kolkata | INR 20,000 |
| Symbiosis School of Economics, Pune | INR 1,01,000 |
| Indira Gandhi Institute of Development and Research, Mumbai | INR 32,000 |
| Indian Institute of Technology, Kharagpur | INR 25,465 |
| Indian Institute of Technology, Roorkee | INR 26,500 |
| University of Calcutta, Kolkata | INR 2,314 |
| Shiv Nadar University, Greater Noida | INR 2,10,000 |
| Narsee Monjee Institute of Management Studies, Mumbai | INR 2,00,000 |
| St. Xavier's College, Kolkata | INR 168,000 |
| Iit Delhi - Indian Institute Of Technology, New Delhi | INR 42,900 |
MSc Economics Books
| Name of the Book | Author |
|---|---|
| The New Palgrave Dictionary of Economics | Palgrave Macmillan |
| An Encyclopedia of Keynesian Economics | Thomas Cate |
| A dictionary of economics | Nigar Hashimzade, Gareth Myles |
MSc Economics Syllabus: FAQs
Ques. What is MSc Economics?
Ans. The M.Sc Economics is a two-year postgraduate course dedicated to economic research and analysis. It aims to introduce all the basic concepts of economics, finance and management.
Ques. Who can do MSc Economics?
Ans. For admission to M.Sc. Economics, it is imperative that applicants meet eligibility criteria. Students must obtain a Bachelor's degree with an at least 50% mark.
Ques. What are the core subjects of MSc Economics?
Ans. The core subjects of MSc Economics:
- Macroeconomics
- Finance Economics
- Public Economics
- Agriculture Economics
Ques. What are the electives in MSc Economics?
Ans. The electives in MSc Economics are:
- Agriculture Economics and Policy
- Financial Econometrics
- Advanced Topics in Growth Theory
- Industrial Economics
- Ecological Economics
- Introduction to Research Methodology
- Economics of Infrastructure
- Labour Economics
Ques. What are the top colleges for MSc Economics?
Ans. Indian Statistical Institute, Kolkata; Symbiosis School of Economics, Pune; Indira Gandhi Institute of Development and Research, Mumbai; and Indian Institute of Technology, Kharagpur are the top colleges for MSc Economics.
Ques. What are the job options after MSc in Economics?
Ans. The job options after MSc Economics:
- Economist.
- Financial risk analyst.
- Data analyst.
- Financial planner.
- Accountant.
Ques. What is the average salary of MSc Economics graduate?
Ans. MSc Economics graduate salary in India ranges between INR 3.8 LPA to INR 40 LPA with an average annual salary of INR 14.3 LPA
Ques. What are the common entranc exams for MSc Economics?
Ans. The common entranc exams for MSc Economics:
- CUET PG
- BITSAT
- NEST
- IIT JAM
- DUET
- TISS NET
Ques. Is it worth doing MSc Economics?
Ans. Yes, it is worth doing MSc Economics as it can be the gateway to hundreds of job opportunities in various fields. Some of the popular job fields for M.Sc Economics graduates are Tax Department, Research Centers, Financial Companies, Banks, Private Organizations and more.
Ques. What are the project topics of MSc Economics?
Ans. The project topics of MSc Economics
- Mathematics for Economics
- Statistics for Economics
- Econometrics
- Advanced Indian Economics
![IIT Delhi - Indian Institute of Technology [IITD]](https://static.zollege.in/public/college_data/images/appImage/25455_IITDelhi_New.jpg?tr=h-100,w-200,c-force)
![IIT Roorkee - Indian Institute of Technology - [IITR]](https://static.zollege.in/public/college_data/images/appImage/25992_IITR_New.jpg?tr=h-100,w-200,c-force)
![Tamil Nadu Agricultural University - [TNAU]](https://static.zollege.in/public/college_data/images/appImage/25901_TNAU_APP.jpg?tr=h-100,w-200,c-force)
![Babasaheb Bhimrao Ambedkar University - [BBAU]](https://static.zollege.in/public/college_data/images/appImage/1496919748aboutus.jpg?tr=h-100,w-200,c-force)
![Pondicherry University - [PU]](https://static.zollege.in/public/college_data/images/appImage/1503565250cvrnew.png?tr=h-100,w-200,c-force)
![St. Xavier's College - [SXC]](https://static.zollege.in/public/college_data/images/appImage/14883539151444128217SXCKOLKATANEW.jpg?tr=h-100,w-200,c-force)
