Economics

What is Economics?

Economics is the branch of social science that deals with the production, distribution and consumption of goods and services and their management. It includes the study of labor, land, and investments, of money, income, and production, and of taxes and government expenditures. It is the application of principles of Mathematics and Statistics in day-to-day life.

Area of Specialisations

Agriculture Economics
Econometrics
Financial Economics
Industrial Economics
International Economics
Labour Economics

Political Economics
Transport Economics
Macro Economist
Micro Economist
Monetary/Financial Economist
Public Finance Economist

When Can I Enroll for Economics Career?

COURSE	ELIGIBILITY	DURATION	ENTRANCE EXAM
BA/ B.Sc [Economics]	10+2 [any stream]	3 Years	No Exam
MA/ M.Sc [Economics]	B.A/ B.Sc [Economics] / Graduation [any stream]	2 Years	Autonomous Exam
Integrated M.A/ M.Sc [Economics]	10+2 [any stream]	5 Years	Autonomous Exam
Master of Business Economics [MBE]	Graduation [any stream]	2 Years	Autonomous Exam
M.Phil [Economics]	M.A/ M.Sc [Economics]	2 Years	Autonomous Exam
Ph. D	M.A/ M.Sc [Economics] / M. Phil	3-5 years	Autonomous Exam

What Personality Traits Are Required in Economics Field?

Interest in Current Affairs
Communication & Writing Skill
Balanced Judgment
Mental Alertness

Leadership Quality
Sense of Responsibility
Scrupulous
An Eye for Details

What Aptitudes Are Required in Economics Field?

High Abstract Reasoning
High Numerical Ability
Above Average Closure Ability

IQ Required in Economics Field?

Minimum Above Average Intelligence along with hard work & consistency is required.

Job Prospects for an Economics

Accounting Firms
Banks
Brokerage Firms
Business Journals / Publishers
Census Organizations
Chambers of Commerce
Collection Agencies
Consulting Firms
Economic Development Council
Economic Research Foundations
Educational Institutions
Finance & Investment Firms/Banks

Government and Public Sector Enterprise sectors
Import/Export Firms
Indian Economic Service [IES]
Insurance Companies
Labor Departments
Manufacturers
Market Research Organizations
Newspapers
Pharmaceutical Companies
Public Sector Units
Research

Some of the Recruiting Organisations

American Express
AMEX
BCC
Boston Analytics
Citigroup
Deloitte
E-Serve
GE
Genesis
Genpact
Global analytics
Goldman Sachs

Hewlett Packard
HSBC
ICICI
IDBI
NABARD
Nomura
PriceWaterhouse Coopers
Proctor & Gamble
Reserve Bank of India (RBI)
Royal Bank of Scotland
SEBI

Public policy research institutions such as:

World Bank
TERI
IFMR
RBI
J-PAL