Programmes of Study

M.A. (General) Economics

The M.A. in Economics has been designed to expose the students to mainstream and heterodox approaches in theory, tools and techniques. The program equips the students with analytical skills to engage with conceptual and empirical dimensions of the economy, policy, polity and society. Besides the standard courses like microeconomics, macroeconomics, trade, growth, public finance and econometrics, the core courses also include classical political economy and political economy of development, which makes it a well-rounded program. The program also offers a range of optional courses that enable the student to acquire specialised knowledge in specific theoretical and applied branches of economics, like New Institutional Economics, Law and Economics, Capital Theory, Development Economics, Economics of Education, Economics of Discrimination, Health Economics, Public Policy, Transitional Economics, Urban & Transport Economics, Natural Resource and

Environmental Economics, Labour Economics, Health Economics, Financial Economics, Financial Econometrics, Time Series and so on. This programme is divided into four semesters, in which they have to do 10 compulsory and 6 optional courses. Knowledge of high school level mathematics is expected from the prospective candidates as a minimum qualification, as some of the courses have mathematical orientation.

 

 

S. No.

Compulsory Courses

1.

Microeconomic Theory

2.

Macroeconomic Theory

3.

Classical Political Economy

4.

Public Finance

5.

Political Economy of Development

6.

Theory of Economic Growth

7.

International Trade and Payments

8.

Econometrics

9.

Mathematical Optimization

10.

Statistics for Economics

11.

Mathematics for economics

12.

Indian Economy Post Independence

 

M.A. Financial Economics

The M.A. Programme in Financial Economics has been designed to expose the students to alternative paradigms of economic and financial theories and of global financial markets. The students would also be equipped with necessary analytical tools and techniques by way of an in depth training in econometric and time series techniques, and other quantitative methods. The focus of the training would be on practical applications and hand-on experience through assignments and projects,

to enable them to competently analyse the market trends, handle big data sets to aid the decision making process. Keeping these objectives in mind, the two-year programme offers a balanced mix of core and electives along with a project to be submitted at the end of the programme. Internships with industry, banks and financial institutions would be an integral part of the programme.

 

S. No.

Compulsory Courses*

1.

Microeconomic Theory

2.

Macroeconomic Theory

3.

Probability and Statistical Inference

4.

Game Theory

5.

Financial Economics

6.

Econometrics

7.

Financial statement & Analysis

8.

Financial Econometrics

9.

Mathematical Optimization

10.

Time Series and Spectral Methods

11.

Money, Banking and Financial Markets

12.

Financial Derivatives and Risk Management

13.

Corporate Finance

14.

Financial Modelling



OTHER ELECTIVE:

 The programme includes  “OTHER ELECTIVES” as follows :

GAME THEORY- I

GAME THEORY –II

CAPITAL THEORY

SOCIAL CHOICE THEORY

LAW AND ECONOMICS

NEW INSTITUTIONAL ECONOMICS

INTERNATIONAL FINANCE

ENVIRONMENTAL ECONOMICS

LABOUR ECONOMICS

HEALTH ECONOMICS

ECONOMICS OF HEALTH CARE

TRANSITIONAL ECONOMICS

INDUSTRIAL ORGANIZATION I & II

ECONOMIC DEVELOPMENT IN SOUTH EAST ASIA