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Master of Arts in Economics

Azim Premji University is launching M.A. Economics (Master of Arts) with specialization in Development and Policy to closely align with Azim Premji University’s mission to develop competent and committed professionals for the development sector.

The M.A in Economics is a uniquely designed programme to develop the next generation of Economists with the theoretical knowledge, and technical skills to perform high quality analysis, while at the same time being grounded in the institutional, developmental and ecological context of contemporary India.

The programme will help students develop strong technical economic skills along with contextual understanding of development issues facing India.

Programme Design

The M.A. Economics is designed as a 72-credit, postgraduate degree programme, requiring full-time engagement for two academic years.

Courses and Credit structure
8 core courses 32 Credits
6-8 elective courses: 24 Credits
1 module of field practice: 4 Credits
1 Master’s thesis: 4 Credits
Other required courses: 4 Credits

Advanced Development Economics I Field Practice Advanced Development Economics II Elective 1 Elective 4
Sociology of Development Political & Legal Institutions Elective 2 Elective 5
Ecology & Development in India Economics of Identity Elective 3 Elective 6
Research Methods Impact Evaluation Communicating Economics
Master’s Thesis Master’s Seminar Master’s Thesis

Core courses:

Core courses cover the foundational knowledge and skills necessary to be able to understand economics from the developmental context of contemporary India. The courses cover traditional economic theory and methods, while also addressing the specific developmental concerns of India. The core courses cover the following; advanced development economics, ecology & development in India, sociology of development, research methods, political & legal institutions, economics of identity, and impact evaluation.

Elective courses:

Elective courses are offered in the second year and are designed for students to extend their foundational knowledge from the first year and develop domain expertise in particular fields. We expect to offer electives in the following areas: advanced topics in microeconomics, advanced topics in macroeconomics, governance, gender, health, education, environment, public finance, and data programing.

Field Practice:

Engaging and challenging field-engagements and internships are envisaged as part of the programme to help students develop their skills in doing field work - applying skills from Research Methods core course. The field practice allows students to apply classroom learning to development challenges in a variety of contexts.

Master’s thesis:

The Master’s thesis is designed to show a student’s capacity and skills in producing high quality research that demonstrates knowledge of economic theory, analytical depth of the subject area and appropriate empirical skills. The thesis provides intensive engagement with interesting real world economic questions. This engagement is expected to cement skills in conceptualizing a research question, evaluating and applying appropriate research methods, creating a rigorously reasoned manuscript and working independently. The project is also meant to spark interest in tackling open questions in the discipline. Moreover, the project encourages independent and self-motivated learning habits amongst students. The majority of the Master’s Thesis work will take place during summer (some linked directly to the field practice sites), with the analysis and write-up occurring over semester 3 in a Master’s Seminar class and semester 4.

Eligibility and Selection process

Any student who has an undergraduate degree is eligible for applying to the M.A. Economics Programme. All applicants will appear for a test based on topics found in an undergraduate degree in Economics.
Therefore, having an undergraduate degree in economics is highly desirable.

If an applicant demonstrates through the entrance test and interviews that he or she is sufficiently conversant with the above said topics in Economics typically covered in undergraduate curriculum, the applicant will be considered for admission. The selection process consists of both an entrance test that will be in the month of May followed by a personal interview for shortlisted candidates.

Entrance test pattern

Students applying for the M.A. in Economics will need to pass an online entrance test. The entrance test will consist of multiple choice questions and an essay question. The multiple choice questions will test definitional and conceptual foundational economics knowledge from microeconomics, macroeconomics, political economy, the Indian economy and quantitative methods. The duration of the test is 3 hours.

Topics and readings to help prepare for the test

Career opportunities

A M.A. in Economics will provide students with a number of skills and preparation for entering the world of work. Employers from the public to private and non-profit sector value the knowledge base and skills, both analytical and empirical, that Master’s students in Economics acquire. Students graduating with an M.A. in Economics will have a range of engaging career options available within the areas of Development, Public Policy and Economics. Students who wish to graduate and seek employment are encouraged to talk to the placement coordinator before their fourth semester. This advisor will work with students to develop an individual plan for seeking employment depending on the student’s background and interests.

Fees and Financial Assistance
Category (In rupees) Per semester Per year (2 semesters) Full Programme (4 semesters)
Tuition Fee 37,500 75,000 1,50,000

Family income of less than Rupees 5 Lakhs per annum will be considered for various categories of scholarships.

Contact us

Azim Premji University, Pixel B, Admissions Office, PES Campus,
Electronics City, Hosur Road (Beside NICE Road)
Bengaluru - 560 100, India
Toll free help line: 1800 843 2001
Monday - Friday 9.00 am to 5.00 pm

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