Top MA Colleges in Lucknow 2025: IGNOU PROGRAMME CENTRE SANJAY GANDHI POST GRADUATE INSTITUTE OF MEDICAL SCIENCES - IPCSGPGIMS Complete Guide (Last Date, Cutoff, Placements, Ranking, Process, Criteria, Syllabus)

The two-year postgraduate program known as [[course_name]], or Master of Arts in Economics, is broken up into four semesters. MA in Economics  generally and often focuses on subjects including macroeconomics, microeconomics, public economics, econometry, international, and financial economics, while incorporating all facets of economics in society.

Economics studies market fluctuations in supply and demand as well as production and consumption. A bachelor's degree in economics or a closely related discipline with at least 50% is required to enroll in this course. Depending mostly on the college, the average annual cost of an MA in Economics might range from INR 10,000 to INR 50,000.

One can continue with a PhD in Economics after finishing this course because it not only makes the process much simpler but also provides an excellent opportunity for employment. In this area, MA graduates can anticipate earning between INR 3 and 7 LPA annually.ICICI Bank, RBI, Citi Bank, Bank of India, Indian Institute of Technology, Accenture, HSBC, and other leading recruiters are among them.

What is the MA in Economics ?
The global economy and the dynamics of the financial markets are central to the MA in Economics  curriculum, which deals with financial concepts and market management. It not only demonstrates how an economy's financial system operates, but it also qualifies one to take on obstacles in the field.

•  The production, distribution, and consumption of wealth in a society are the subjects of economics.
• A significant portion of macroeconomics, including pricing, output, employment, and so forth, is covered in the course, as well as microeconomics, which deals with consumer behavior, markets, supply, and demand in an economy.
• Economics affects every element of a nation, including people, businesses, the government, and services.
• The degree holders could end up working in the private or public banking, finance, and employment sectors.

Why get an MA in Economics ?
This course can be both enjoyable and productive to study. To find out how, examine the points below.

• Students who complete an MA in Economics  gain a solid understanding of the subject because they learn about the importance of growing demands and the limited resources to meet them.
• More high-paying jobs are available to those with an MA in Economics  than those with other bachelor's degrees. These degree holders would do well in the banking, government, investing, and academic and organizational sectors.
• Being eligible also makes it possible to pursue a PhD in the same discipline.
• Since they are in charge of recognizing the ongoing structural changes in the market and handling stability, economists are seen as being quite significant.

Admissions Procedure for an MA in Economics
While entrance tests are used to get admission to several universities, like IGNOU PROGRAMME CENTRE SANJAY GANDHI POST GRADUATE INSTITUTE OF MEDICAL SCIENCES - IPCSGPGIMS. Universities that offer distance learning through direct admissions, such as  IGNOU PROGRAMME CENTRE SANJAY GANDHI POST GRADUATE INSTITUTE OF MEDICAL SCIENCES - IPCSGPGIMS, IGNOU and Karnataka State Open University, have different admissions procedures. Nonetheless, some colleges, such as Delhi University and the Department of Business Economics, set aside a portion of their seats for admissions based on merit.

 Eligibility for an MA in Economics

While entrance exam and merit-based admissions have distinct eligibility requirements, students who are keen to pursue an MA in Economics must meet the requirements listed below.

• A bachelor's degree in economics or a similar discipline.
• At the graduate level, a minimum percentage of 50% is needed.

  
  

How Can I Get Ready for the Entrance Exams for MA in Economics ?

To be eligible to take the admission exams for the MA in Economics  program, a candidate must be well-versed in the common test areas. Some of the areas that students need to start concentrating on in order to secure a reputable college are listed below.

Both macro and microeconomics
Economic mathematics and foundational mathematics
Statistics, Probability, and Basic Econometrics

• Passing an entrance exam is one of the most daunting things you can do, but it's also one of the most crucial things you can do to advance to your ideal university. One could find it simple to pass an admission exam if they follow the advice below.

  To have a better understanding of the question patterns, begin gathering past years' questions and example papers.

  Plan out your time effectively and make extensive revisions in accordance with it.

  To get answers to common questions, look through pertinent literature and websites.

  Continue practicing with several question banks until you are proficient and self-assured.

  Constant monitoring of the exam's evolving dates and revisions is required.

How can I get into a reputable IGNOU PROGRAMME CENTRE SANJAY GANDHI POST GRADUATE INSTITUTE OF MEDICAL SCIENCES - IPCSGPGIMS for MA in Economics  ?

1. It is advised to have more than 55% of your undergraduate degree in order to get into one of the top MA in Economics .
2. It is necessary to compile a list of all the best universities in the field and to keep track of crucial application and test dates.
3. A year before to the admission exam, candidates must begin preparing.

MA Economics Syllabus

The syllabus for MA Economics can vary depending on the colleges and the universities, but down here is the syllabus that is commonly followed.

Semester 1

Microeconomic Theory

Introductory Mathematical Economics

Introductory Econometrics

International Trade

Semester 2

Macroeconomic Theory

Theory of Pricing and Distribution

International Finance

Quantitative Methods

Sem 3 

Development Economics

International Economics

Econometrics-1

Industrial Economics (Electives)

Environmental Economics (Electives)

Globalization and Economics (Electives)

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Sem 4

Public Economics

Econometrics-2

Project Work

Financial Economics (Electives)

Economics of Infrastructure (Electives)

Economic Demography (Electives)

Economics and Law (Electives)

 

 FAQs

Que What does an MA in Economics cover?

Top professions to pursue after getting degree in an MA in Economics
Graduates of MA in Economics can work in a variety of fields, including public policy, education, market analysis, financial services, and economic consultancies. Because of the enormous pay for MA Economics careers, they can lead to other high-paying positions.
 

Que What is the MA in Economics course?

MA in Economics stands for MA in Economics  . Both regular and remote learning options are available for this two-year postgraduate study. The program's goal is to provide students with a thorough understanding of economic principles.

Que I have an MA in Economics ; can I get employment?

one of the most prominent employment paths following an economics master's degree. Financial analysts keep up with microeconomic, demographic, and market changes. They influence both short- and long-term growth by assisting businesses in making prudent financial decisions and investments.

Que I have an MA in Economics ; may I pursue a PhD?

Candidates must have earned a Master's degree in order to meet the qualifying requirements for the PhD in Economics. If they take the UGC NET test, students who have earned a four-year bachelor's degree (including a year of research) are also qualified to pursue a doctorate in economics.

Que How many seats does IGNOU PROGRAMME CENTRE SANJAY GANDHI POST GRADUATE INSTITUTE OF MEDICAL SCIENCES - IPCSGPGIMS have available for MA Economics students?

Admission to the course is open to 145 students.

Start creating study materials for each subject after taking note of the syllabus.