Admission to the MA in Economics: Costs, Requirements, Syllabus, and Exam

Admission to the MA in Economics: Costs, Requirements, Syllabus, and Exam

Admission to MA Economics 2023: A master’s degree programme in economics offers instruction in economic theory, analysis, and policy. The candidates are taught numerous ideas such as empirical research, quantitative approaches, etc. to address complicated financial problems through investigation. The skills and information needed to become an economist are covered in this course. The following information is available to students’ seeking admission to the MA in Economics:

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Admissions to the MA in Economics are based on both merit and criteria determined by entrance exams. Candidates must first satisfy the qualification requirement of having at least a bachelor’s degree, such as a BA in Economics or a related field, in order to meet this criterion. To get chosen, students must have a score of at least 55–55% on their most recent UG exam.

Macroeconomics, Microeconomics, Econometrics, International Economics, Development Economics, Applied Economics, Financial Economics, and Public Economics are the specialisations that students in an MA in Economics degree can choose from.

All processes involved in the admissions process for the MA in Economics are described here:

Application: Candidates may complete the form with personal or academic information and substantiate it with supporting documentation, such as a study schedule, a letter of recommendation, a bank challan, etc.

MA Economics admission Exams: The DSE, JNU, BHU, PU, AMU, UoH, and Madras School of Economics admission exams are used to select students for MA Economics courses. You can apply for admission if you pass any of these tests.

Interviews: Attending the interview is a crucial step in ensuring eligibility. These procedures aim to evaluate the candidates’ course skills and validate the candidates’ credentials.

Selection that is based on prior schooling merits is another sort of selection. There will be no entrance exam requirements for students.

ICICI Bank, Citi Bank, BOI, IITA, and other top recruiters for MA in Economics professionals include these. These people could work as economists, financial planners, data analysts, equity analysts, etc.

Professionals with an MA in Economics can expect to make an average annual salary ranging from 03 LPA to 07 LPA.

Highlights of the MA Economics Admission

Course NameMaster of Arts in Economics
Course LevelPost Graduate
Admission ProcessEntrance/Merit-based
EligibilityAny Graduation Degree / Min 40%
Duration2 Years
Course FeeRs 10,000 to Rs 40,000
Average SalaryINR 3 to INR 7 LPA
Job RolesFinancial Analyst, Stock Broker, Associate Researcher, Economy Analyst, Teacher, Business Analyst

Admission to MA Economics 2023

On the basis of the MA Economics Entrance Exam, many universities will provide admissions to MA Economics for the session 2023 at various periods, including BHU-PET, AUCET, DUET, JNUEE, etc. The programme requires that you hold a degree in any discipline you have studied. The fundamental MA Economics concepts will be thoroughly understood by students who register in the degree, and they will also acquire useful skills that will help them make informed judgements.

current updates

The deadline to submit an application for MA Economics Admission at the University of Lucknow for the academic year 2023–2024 is June 30, 2023.

For admission to the MA Economic programme for the July 2023 session, IGNOU is requesting online applications. The deadline for admission applications is June 30, 2023.

The deadline to apply for MA Economics admission at the Madras School of Economics is June 16, 2023.

Applications for the MA Economics Admission programme at the Gokhale Institute of Politics and Economics are being accepted now through June 20, 2023. (Tentatively)

Describe MA Economics.

MA Economics is a two-year graduate programme. There are four semesters in it. Students who pursue an MA in Economics gain a broad understanding of the subject. Public economics, econometry, macroeconomics, microeconomics, finance, accounting, and financial economics are just a few of the many topics covered in MA Economics.

Form for Application to MA Economics

You must complete the application form if you want to enrol in a master’s level course, such as MA Economics. All information requested on the application form must be filled out completely and honestly by the applicant. Many Indian colleges now offer their application forms online, which are available on their official websites.

Qualifications For DU Admission to MA Economics

You’d like to enrol in an MA in Economics course. To enrol in an MA in Economics study, you must hold a graduating (BA) degree in economics or an equivalent degree.

Both governmental and private institutions in India offer the MA in Economics course. These institutions each have a unique admissions procedure. Some institutions offer admission to the MA in Economics based on merit, while others do so based on the results of an entrance exam. The top admission examinations for the MA Economics course placement include BHU PET, CDSET, DUET, and JNUEE.

The typical annual cost for an MA in Economics may be between INR 10K and 40K.

M.Phil. and Ph.D. in economics are the next steps or higher studies after earning an MA in economics.

Admission to MA Economics

Many Indian colleges charge affordable prices for their MA in economics programmes. It differs from university to university and has a different cost schedule. The average cost of the Master of Arts in Economics programme ranges from Rs. 10,000 to Rs. 40,000 annually. Students can also go to the university’s main website for further details about the course.

Admission to the DU MA in Economics

Students must go to the university’s official website.

The DU MA Economics application will be accessible online.

Students must carefully complete all of the required fields. 

The DU DSE MA Entrance Exam 2023 serves as the entrance basis for the admission process.

It is mandatory for students who intend to pursue an MA in Economics to take the admission exam. Additionally, a Bachelor’s or Graduate Degree must be earned.

Original documentation must be submitted by students in order to register.

Students are required to take the application confirmation slip after submitting the registration form.

Admission to MA Economics Based on Merit

You need to have a BA in Economics in order to be accepted into the MA in Economics programme.

Entrance-based Admission for MA Economics

The BHU PET, CDSET, and JNUEE are the top entrance exams for the MA Economics course placement.

MA Economics Curriculum

1st Year2nd Year
Microeconomics AnalysisIntroductory Mathematical Economics
Statistics and Computer ApplicationsEconomics of Growth
International FinanceIssues in the Indian/Foreign Economy
Monetary StatisticsEconomics of Agriculture
Growth and Development of EconomicsPublic Economics
International FinanceIndian Public Finance
Theory of Practicing and DistributionGrowth Models in Economics
Elementary StatisticsEconomics of Industry
Quantitative MethodsSelected Problems of the Indian Economy
International TradeInternational Finance
Elective 1Elective- 2
Economics of InsuranceEconomics of Gender and Development
Labor EconomicsFinancial Institutions & Market
Quantitative EconomicsEconomics of Infrastructure

Admission to Top Universities for MA Economics

Candidates who want to pursue a career in this curriculum can look out the best university for MA Economics admission in this article. Universities and colleges that applicants can choose from include Delhi University and IGNOU.

IGNOU Admission Economics

By offering the course MA in Economics, IGNOU University offers students the chance to study about the subject of economics. The sole available learning model will be online. This postgraduate programme is open to those who hold a UG degree in a related field. Admission to the MA in Economics is determined solely by merit. IGNOU admissions are still being accepted, and the deadline to apply is June 30, 2023.

The MA Economics programme has a minimum completion time of 2 years and a maximum completion time of 4 years. The cost of the IGNOU MA in Economics is Rs. 16,800. This charge will be paid annually and is Rs. 8,400/- for each year.

Admission DU DSE MA Economics

The DU DSE MA Economics Admission test will take place in June. One must submit the online application form in order to be considered for admission to this programme. For this programme at the Delhi School of Economics (DU DSE), only BA Economics graduates with a 60% average are eligible to apply. An entrance exam will be used by the university to choose the pupils. The following contains comprehensive information regarding the DU DSE Entrance Exam 2023.

At the graduate level, DU DSE provides admission to its MA in Economics programme. This two-year programme aims to equip students with the knowledge they need to succeed in the numerous subjects included in the DU DSE MA Economics 2023. Through this course, one can learn about the macroeconomic and microeconomic components of the government’s policies as well as other elements that contribute to the development of the nation.

Admission to MA Economics: Entrance Exam

Students must pass entrance exams in order to apply for MA Economics Admission at the most famous colleges. To learn how to enter the most prestigious universities, they can look at the information provided below.

2023 DU DSE MA Entrance Exam

As previously said, Delhi University selects the students for the DU DSE MA Economics programme based on their performance on an entrance exam. At the end of June, it is typically conducted online. Entrance test scores will fill about 50% of the seats, while merit will fill the remaining seats.

Syllabus for the DU DSE MA Entrance Exam: Regarding the paper’s structure, there are questions of the Objective variety. The subjects covered in the BA (Economics) should be familiar to those taking the admission exam. Microeconomic theory, macroeconomic theory, mathematical methods, probability, statistics, etc. are a few of the themes.

Pattern of the DU DSE MA Entrance Exam: There will be 50 MCQ-style questions on the paper, and respondents will only have two hours to complete it. Regarding the scoring system, each correct response will receive two points. While no marks will be deducted for questions that are not attempted, there may be negative mark outs for each incorrect question.

While taking the test, students must also bring other necessary items that are crucial. The admit card and ID proof are these documents.

DU DSE MA Economics Admission: Microeconomics Syllabus

Theory of Consumer Behavior’s, Unit I

Income effect, price effect, substitution effect, and slut-sky indifference curves; applications and uses; Samuelson’s revealed preference Strong ordering and the preference hypothesis; the demand theorem; the division of the price effect into substitution and income effects; and a critical evaluation of the theory.

Unit II: Production and Cost Theory

Cobb-Douglas production function, a linear homogeneous production function and extension path, the economic zone of production, and ISO Cost line, least-costly contributing elements, input selection, output maximisation for a given level of expenditure, modern cost theory, and a critical assessment of the idea of an L-shaped long-run average cost curve.

Market Structure Unit III

Perfect competition, monopoly, monopolistic competition, monopoly, bilateral monopoly, product differentiation, selling costs, excess capacity under monopolistic competition, imperfect competition, oligopoly, non-collusive (Cournot, Bernard, Edgeworth, Chamberlin, kinked demand curve, and Stackelberg’s solution), and collusive (cartels and mergers, price leadership, and barometric point price system) forms of monopolistic competition.

Market Theories, Unit IV, Part II

Marginal analysis, short-run and long-run equilibrium, firm and industry, supply curve, welfare issues, monopoly control, and regulation, contestable market, and international competition are some of the topics covered.

Unit V: Alternative Firm Theories

Economics MA A critique of marginal analysis is provided by the following: Full Cost Pricing Rule, Bains Limit Pricing Theory, Sylos-Labini’s Model, Behavioural Model of the Firm, Cyert and March; Baumol’s Sales Revenue Maximisation; and Williamson’s Model of Managerial Discretion.

Global Economics

The students will gain a great deal from this crucial section of economic theory. The components of this paper’s design are primarily model-based.

Unit I: Fundamental Ideas

Introduction, Need for a Separate Study of Macroeconomics, National Income, Circular Flow of Income, National Income and National Product, Measurement of National Income, Difficulties in the Measurement of National Income, and National Income and Welfare Measurement.

Macroeconomic Theories, Unit II, Part I

Say’s Law of Markets, Say’s Law of Aggregate Demand and Supply (Two, Three, and Four Sector Model), Keynes Psychological Law of Consumption, The Consumption Function, The Marginal Efficiency of Investment (MEI), The Relationship Between the MEC (Central Stock) and the MEI (Investment), Factors Other Than the Interest Rate Affecting Inducement to Invest, Income Determination in Closed and Open Economies, and The Kayne

Macroeconomic Theories, Unit III, Part II

MA Economics Lags in Investment, Koyek’s Approach, Financial Theories of Investment, Multiplier and Accelerator, Savings and Investment Equality (The Classical and Keynes Criticism of the View).

Unit IV: Post-Keynesian Macroeconomic Developments

The following topics are covered in the IS-LM Curve Model: (1) The Derivation of the IS Curve (2) The LM Curve (3) The Shift in the LM Curve (4) The Intersection of the IS and LM Curves (5) Phillips Curve (6) Long-run Phillips Curve and Rational Expectations Theory (7) Numerical Problems of IS Curve (8) Two and three-sector Model – Determination of Income and Interest Under IS Curve – Derivative of LM Curve.

Supply-Side Economics, Unit V (MA Economics)

Taxation and the Labour Supply, Supply-Side Economics, Reagan Economics, and

Supply-Side Economics, lessening the burden of regulations, accelerating growth, and impact on income distribution.

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