
MA in Economics
Next generation economists for a better India.
Introduction
Our programme helps you make sense of complex social realities with strong technical and economic skills. We help you develop an aptitude for dealing with abstract numbers and statistics with a strong understanding of Indian economy, economic theory, tools of analysis, and the ability to use these in practical scenarios in current economic and development issues.
Why study with us?
- For a clear understanding of the Indian economy, real world institutions and economic development in the Indian context.
- To develop tools of analysis, theory and concepts for practical application to current economic and development issues in the Indian context.
- For a study of courses that help you understand historically grounded schools of thought within economics.
- To experience an innovative pedagogy with problem-based learning, flipped classrooms and collaborative learning with the use of real economics data sets.
- To train in communication for public and academic audiences, skills in problem solving and analysis and conducting independent research.
Career opportunities
The skills of economics are hugely valuable for the public, private and non-profit sector. We hope to train professionals who will bring their abilities with commitment in the development sector.
Our alumni
We are proud of our graduates who are now working in the following organisations
- Andhra Pradesh Centre for Financial Systems and Services, Government of Andhra Pradesh
- Azim Premji University
- Bajaj Auto Finance
- Centre for Monitoring Indian Economy
- Centre for Sustainable Employment
- Ernst and Young
- Jameel Poverty Action Lab
- Mindshare Analytica
Course structure
Our courses gives you a sense of the plurality of economic schools of thought that are historically grounded. We put real world issues at the forefront of our programme.
These courses will support you in developing the skills and foundation necessary for a thorough understanding of economics, especially from the context of contemporary India and its development. We ensure that you are trained in using your economics knowledge in various contexts.
Our core courses train you in foundational knowledge and skills necessary for understanding economics from the developmental context of contemporary India. The courses cover traditional economic theory and methods, as well as the institutional developmental and ecological concerns we face in India.
Communicating Economics
Core
How do you communicate economics in different contexts?
Community Engagement
Core
A course designed to expose students to a variety of contexts in which economists work within the fields of development, in higher education, in public policy and with government agencies.
Econometrics of Impact Evaluation
Core
Using statistical tools to build what-if scenarios and estimate causal effects.
Economics of Identity
Core
How does a sense of self determine and affect economic outcomes?
Ecology and Development in India
Core
The history and socio-economic impact of development interventions on ecological systems.
Macroeconomics of Development
Core
The principal problems of developing economies with a focus on policy.
Master’s Seminar in Economics
Core
Structured classroom interaction for students to showcase field engagement and research questions
Mathematical Models in Economics
Core
A rigorous mathematical treatment of the standard models used in economics.
Microeconomics of Development
Core
A microeconomic model of a developing economy to understand land, credit, and labour.
Political and Legal Institutions
Core
An overview of the institutional structure and operation of governance in India.
Practical Data Analysis using Stata
Core
This course introduces students to Stata, which is another widely used statistical software package that is often a requirement for employment.
Quantitative and Qualitative Research Methods
Core
An introduction to research methods in economics.
Sociology of Development for Economists
Core
This course introduces students to the sociological concepts, theories and methods in the study of contemporary development issues facing India.
Elective courses are offered in the second year and designed for you to extend your foundational knowledge. You can develop domain expertise in particular fields of advanced topics in microeconomics, advanced topics in macroeconomics, governance, gender, health, education, environment, public finance, and data programming.
We also offer you the opportunity to conduct an independent study or engage in real economic analysis outside of the classroom with an internship.
Advanced Macroeconomic Theory
Elective
Advanced Microeconomic Theory
Elective
The course provides a mathematically grounded and rigorous treatment of key models used for analyzing microeconomic issues.
Applied Multivariate Statistics
Elective
This course aims to introduce the students to concepts and techniques of summarising,
visualising the geometry, and analysing such dependent, multivariate data.
Computational Economics
Elective
This course seeks to develop core competencies in programming in Python and data manipulation and analysis.
History of Economic Thought
Elective
Where do current theories of modern economics come from?
Introduction to Climate Change Economics
Elective
Understand climate change through an economic lens
Money, Banking and Financial Markets
Elective
This course seeks to prepare students to better understand money, balance sheets and the particular institutions of the financial world.
Independent Study
You can choose an area of independent study with the guidance of a faculty member in a specialised area of interest. This will include intensive self-study, or a extended essay and research report.
We relate to the world not only through the intellect but also with our bodies and creative abilities. In this set of courses and workshops, you will explore aesthetic, physical and expressive traditions. You can choose workshops in art, music, theatre, dance and sports or fitness.
We offer you the option of choosing one of two tracks of study.
Internship
We offer you the option of engaging in action outside of the classroom. You will have the opportunity to spend eight weeks with a civil society organisation or government official to gain insight into economic work in the development sector. With an internship, you will be able to put your knowledge into practice in a context and do real economic analysis in the world.
Thesis
With a thesis, you can develop your academic abilities to demonstrate your research skills and knowledge of theory and analysis.
You will demonstrate knowledge of economic theory, analytical depth of subject area and empirical skills through a chosen research topic that you will intensively engage with. You will evaluate your research methods and create a manuscript.
You will get a chance to participate in engaging and challenging field engagements, which will help you develop your skills in field work. You will learn to apply your classroom learning to a variety of contexts.
Field Practice in Economics
Field
A prerequisite course in research methods.
Total 72 credits