Degrees offered: M.A., B.A.(Hons), B.A., Ph.D, B.Sc.(Hons)
Economics courses provide a structured understanding of how resources are allocated, how markets function, and how policies influence growth and stability. Students develop the ability to critically analyse economic systems at the local, national and global levels. The course prepares the graduates with an understanding of economic theories, policies and practices, preparing students for a wide array of career opportunities.
Graduates of economics courses pursue careers in government, research institutions, banking, consultancy, and multinational organisations. The discipline’s versatility offers pathways into academia, policymaking, corporate strategy, and financial services. By equipping students with strong analytical and decision-making skills, economics courses prepare them to contribute meaningfully to sustainable economic growth and development.
| Particulars | Values |
|---|---|
Branch Name | Economics |
Economics Degrees | BA, BA ( Hons), MA, M.Com, B.Com, B.Com ( Hons) |
Economics Eligibility Requirements | UG: 10+2 examinations PG: Bachelor’s degree in Economics or a related field PhD: Master's degree in Economics or a related field |
Economics Admission Process | Entrance Exams |
Economics Entrance Exam | DUJAT, NPAT, SET, IPU CET, JNU |
Economics Course Fees | Rs. 14,000 to Rs. 1.50 Lakhs |
Economics Job Profiles | Economist, Financial Analyst, Policy Analyst, Market Researcher, and Data Analyst |
Economics Average Salary | Rs. 5 LPA ( for Business Economist) |
Economics Recruiting Companies | Reserve Bank of India (RBI), McKinsey & Company, HDFC Bank, National Council of Applied Economic Research (NCAER), Deloitte and Ernst & Young |
Economics is a broad and diverse field consisting of various topics, including Macroeconomics, Microeconomics, Personal Finance, Foreign Trade Theory, Economic Statistics, and Behavioural Economics. Various degree programmes are related or similar to Economics courses, such as:
PhD in Economics and Finance | B.Com Applied Economics |
MA Applied Economics | BA Economics with Indian History and Political Science |
Economics courses are offered by more than 1700 private colleges in India. These colleges provide world-class facilities, comprehensive education, and expert faculty. Admission to these institutes is based on an entrance exam or direct admission based on merit score. Below are some of the top private colleges that offer admission in Economics.
| Colleges | NIRF Ranking | Fees |
|---|---|---|
| St. Xavier's College, Kolkata | 8 | Rs. 2.81 Lakhs |
| PSGR Krishnamammal College for Women, Coimbatore | 9 | - |
| PSG College of Arts and Science, Coimbatore | 10 | - |
| Loyola College, Chennai | 14 | - |
| MCC Chennai | 18 | - |
| Ramakrishna Mission Vidyamandira, Howrah | 19 | Rs. 1.94 Lakhs |
| Thiagarajar College, Madurai | 20 | - |
| VO Chidambaram College, Tuticorin | 22 | - |
| RKMRC Kolkata | 24 | Rs. 65,200 |
| St. Joseph's College, Tiruchirappalli | 25 | - |
Economics courses are offered by around 1400 government colleges in India. These colleges and universities provide similar education and facilities at a minimal cost for the students. Candidates are advised to check the admission process and eligibility criteria of the same before applying for admission.
| College | NIRF Ranking | Fees |
|---|---|---|
| Hindu College, Delhi | 1 | Rs. 86,010 |
| Miranda House, Delhi | 2 | - |
| Hansraj College, Delhi | 3 | Rs. 80,810 |
| KMC Delhi | 4 | Rs. 46,550 |
| St Stephen's College | 5 | Rs. 1.51 Lakhs |
| ARSD College, Delhi | 7 | Rs. 76,120 |
| Sri Venkateshwar College, Delhi | 11 | Rs. 59,630 |
| Deshbandhu College | 13 | Rs. 42,570 |
| Presidency College, Chennai | 15 | Rs. 3,880 |
| Lady Sriram College for Women, New Delhi | 17 | Rs. 61,470 |
The eligibility criteria for an Economics course depend on the level of education and the type of institute. Candidates are advised to check the eligibility criteria of the course before applying for admission. Mentioned below are the eligibility requirements for undergraduate and postgraduate courses in Economics in detail.
Candidates who aspire to pursue undergraduate degrees in economics have to know about the specific criteria. The eligibility criteria for undergraduate economics courses are formed by the various institutions that offer Economics as a part of their curriculum.
Many institutes conduct their entrance exams for undergraduate courses in the field of Economics, but the most common and popular entrance exam is CUET UG. Candidates are required to qualify the certain entrance exams to be able to start with their specific college applications.
| Exam Name | Exam Level | Conducting Body | Exam Schedule |
|---|---|---|---|
University | Symbiosis International University | - | |
National | NTA | ||
University | Chandigarh University | - |
The eligibility requirements for the postgraduate courses in Economics depend on the institute. Many colleges and universities offer economics courses at the postgraduate level. Mentioned below are some eligibility requirements for postgraduate courses in the field of Economics.
There are certain entrance examinations that candidates need to qualify to start with their college entrance exams. These entrance exams are mostly at the national level and taken up by the universities together. Some of the important entrance exams are given below.
| Exam Name | Level | Conducting Body | Exam Schedule |
|---|---|---|---|
National | NTA | ||
National | Indian Institute of Management Lucknow | ||
CUCET | University | Chandigarh University | - |
In India, the field of Economics holds immense potential. With a rapidly growing economy, the demand for economists who can analyse and interpret economic trends is high. They play a crucial role in shaping policies and contributing to the nation's growth. Internationally, the scope of Economics is vast. Economists are sought after for their ability to understand and predict market trends. They influence global policies and contribute to the economic development of countries. Their insights are pivotal in making strategic decisions in both public and private sectors.
| Minimum Fees | Maximum Fees | |||
|---|---|---|---|---|
| Private | Government | Private | Government | |
| UG |
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Data not available
|
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Data not available
|
30.00 Lakhs
B.A. L.L.B in Economics at Sai University, Chennai
|
39.60 Lakhs
B.Sc. in Economics at University of Southampton, Delhi
|
| PG |
998
M.A. in Economics at St John's College, Palayamkottai
|
---
Data not available
|
24.00 Lakhs
M.A. in Economics at Amity University, Noida
|
3.70 Lakhs
M.A. in Economics at Indian Institute of Foreign Trade, Delhi
|
| DOCTORAL |
---
Data not available
|
---
Data not available
|
14.40 Lakhs
Ph.D in Economics at Mahatma Gandhi University, Tura
|
3.84 Lakhs
Ph.D in Economics at Gautam Buddha University, Greater Noida
|
| DIPLOMA |
40.00 K
Diploma in Economics at Symbiosis School of Economics, Pune
|
---
Data not available
|
3.50 Lakhs
M.Sc. in Economics at Symbiosis International University, Pune
|
---
Data not available
|
The syllabus of Economics at both undergraduate and postgraduate levels is designed to provide a balance of theoretical knowledge and practical application. While the UG syllabus builds a foundation in microeconomics, macroeconomics, and trade, the PG syllabus focuses on advanced econometrics, research methods, development economics, and policy studies, preparing students for specialised career paths. In the table below, we have mentioned the BA Economics syllabus of Delhi University.
Semester- 1 | |
Mathematical Methods for Economics- I | Introductory Microeconomics |
Art of Communication | - |
Semester- 2 | |
Mathematical Methods for Economics- II | Introductory Macro-Economics |
Semester- 3 | |
Intermediate Microeconomics I | Intermediate Macroeconomics- I |
Statistical Methods for Economics | Data Analysis |
Semester- 4 | |
Intermediate Microeconomics | Intermediate Macroeconomics research |
Research Methodology Or Contemporary Economic Issues | - |
Semester- 5 | |
Indian Economy- I | Development Economics- I |
Electives ( Sem- 5) Choose any two | |
Game Theory | International Trade |
Public Economics | Financial Economics |
Applied Economics | Economic History of India |
Polity Economy- I | |
Semester- 6 | |
Indian Economy- II | Development Economics- II |
Electives ( Sem- 6I) Choose any two | |
Economics of Health and Education | Environmental Economics |
Open-Economy Macroeconomics | Money and Financial Markets |
Comparative Economic Development | - |
The syllabus of Economics at the postgraduate level depends on the institute. Candidates can check the syllabus on the official website of the college. Some of the subjects offered are Public Economics, Econometrics, Indian Economic Policy, and International Economics. In the table below, we have mentioned the MA Economics syllabus of Ravenshaw University.
Semester 1 | |
Microeconomics Analysis-I | Public Economics-I |
Economics of Growth & Development-I | Macroeconomic Analysis-I |
Basic Econometrics-I | - |
Semester 2 | |
Microeconomics Analysis-II | Public Economics-II |
Economics of Growth & Development-II | Macroeconomic Analysis-II |
Basic Econometrics-II | - |
Semester 3 | |
Indian Economic Policy-I | International Economics-I |
Economics of Environment-I | Optional-1-I |
Optional-2-I | - |
Semester 4 | |
Indian Economic Policy-II | International Economics-II |
Economics of Environment-II | Optional-1-II |
Optional-2-II | - |
Elective Subjects | |
Mathematical Optimisation | Advanced Econometrics – I |
Agricultural Economics – I | Financial Institutions and Markets – I |
Game Theory and Strategic Behaviour | Advanced Econometrics – II |
Agricultural Economics-II | Financial Institutions and Markets – II |
Economics courses make a student familiar with the Indian economy, agricultural economy, and industrial economy. Students who want to make a career in the trade, commerce and banking sectors can do wonders with the help of this course. The skills acquired through the study of economics are incredibly versatile and can be used in a wide selection of industries.
| Job Profile | Job Description |
|---|---|
Research Analysts are professionals who examine data and market conditions. They assist companies in identifying their target audience and determining the optimal price point for their products. | |
Accountants are finance experts who conduct a thorough analysis of all production-related costs, such as daily operations, labour, and shipping. They also analyse the inventory, equipment, labour, shipping, inventory, administrative expenses, and lease costs to create efficient cost analysis reports. | |
Financial Risk Analyst | Financial Risk Analysts are professionals who assess risks linked to investments, new clients, economic circumstances, or regulations to provide safety for financial decisions. They predict potential results and suggest ways to mitigate risks. |
Economists are professionals who study economic theories and quantitative methods. They examine financial, organisational, market-related, and environmental challenges that corporations encounter. |
The field of Economics is continually evolving, with new trends and topics emerging, reflecting the changing economic landscape. The rise of big data and artificial intelligence is revolutionising the economic analysis field, leading to new insights and forecasting techniques. There has also been a focus on behavioural economics, exploring the psychological factors influencing economic decisions and policies.
Candidates can work in various areas such as the Private Sector, NGOs, and International Agencies such as the World Bank, IMF, and Asian Development Bank. Development banks and financial consultancy firms also hire economics graduates for various positions. Some of the top recruiters are mentioned below:
The average salary after an Economics course depends on many factors, such as the location of the company, the job profile applied by the candidate, and the skills and experience of the candidate. In the table below, the salaries of some of the most popular career options in Economics are mentioned.
| Job Profiles | Average Salary |
|---|---|
Research Analyst | Rs. 5.7 LPA |
Cost Accountant | Rs. 7.2 LPA |
Financial Risk Analyst | Rs. 7.7 LPA |
Economist | Rs. 6.14 LPA |
Source: Ambition Box and Glassdoor
The salary figures mentioned anywhere in these articles are just for reference purposes. Please treat them as such. Actual salaries may vary depending on the respective candidates, the employer, job location, and numerous other factors.
There are certain skills that the candidate must possess to perform well in the field of Economics such as Mathematical Skills, Detail Orientation, Curiosity, and Problem-solving skills. Mentioned below are other important skills that are required for this course.
The course curriculum of Economics is comprehensive and diverse. It covers a wide range of topics such as microeconomics, macroeconomics, econometrics, and international economics. Students learn about economic theories, models, and real-world applications, enhancing their understanding of economic behaviours and systems.
In addition, the curriculum includes subjects like public economics, development economics, and financial economics. These subjects provide insights into economic policies, growth strategies, and financial markets. The curriculum is designed to equip students with the necessary skills and knowledge to analyse economic data and make informed decisions. It prepares them for various roles in the economic sector, both nationally and internationally.
Exam Date: 07 Feb, 2026 - 08 Feb, 2026
Application Process: 06 Apr, 2026 - 02 May, 2026
Exam Date: 07 Mar, 2026
Application Process: 14 Dec, 2025 - 14 Jan, 2026
Answer :
Candidates must have passed Higher Secondary/Intermediate (10+2) with a Science stream or any other examination recognised as equivalent.
Answer :
The average salary after an Economics course depends on many factors such as the experience and skills of the candidate, the location of the company, and the job profile applied by the candidate. Generally, the average salary of an Economist in India is Rs. 6.14 LPA.
Answer :
The top colleges offering an Economics course in India are ACFA Jalandhar, BESC Kolkata, IBS Dehradun, BSSS Bhopal, HMV College Jalandhar, and BUCC Batala.
Answer :
For an undergraduate degree in Economics, the candidate needs to complete their 10+2 for BA Economics and MA Economics. 10+2 with Maths as a compulsory subject for Economics Hons degrees. Similarly, for a postgraduate degree, the candidates need to have a Bachelor's degree in Economics or related discipline.
Answer :
Some of the popular career options in the field of Economics are Research Analyst, Cost Accountant, Financial Risk Analyst, and Business Economist.
Answer :
The course curriculum of an Economics course is diverse and depends on the level of education. The most common subjects offered in Economics courses are Macroeconomics, Microeconomics, Data Analysis, Indian Economy, Public Economics, and Indian Economy.
Answer :
The important exams in Economics include SET, CUET UG, and CUET PG. Candidates are advised to meet the cutoff score as specified by the institute to be eligible for admission.
Answer :
The prerequisite skills are Analytical Skills, Communication Skills, Maths, Writing, Critical Thinking, Aptitude, and Interest in Economics.
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For Jamia Millia Islamia BA (Hons) Economics, the entrance exam covers English, General Knowledge & Current Affairs, Reasoning/Quantitative Aptitude, and Economics basics (Class 12 level). Once admitted, you will study core economics papers (micro, macro, statistics, econometrics, development economics, etc.) along with multidisciplinary electives under the Four-Year Undergraduate Programmed
No with a BA degree in maths + economics only (no Physics), you are generally not eligible for an Integrated PhD in Physics through JEST. Most institutes require a Physics background
For admission to the Integrated MA in Economics at the University of Hyderabad (UoH), the primary requirement is performance in the CUET-UG (Common University Entrance Test) conducted by NTA. As a plus-two student, you are eligible to apply provided you have completed Class 12 from a recognised board. While the
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You are you are not eligible right now.
Reason:
JEST Physics and Integrated-PhD/PhD programs in physics require
Physics as a main subject
at the bachelor or master level.
Your
BA (Mathematics + Economics)
does not meet this requirement.
Admission to I-PhD at ICTS / IISc / IMSc:
You cannot
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The link to the question paper is attached here. The answer key on the website of Careers360 can help you understand the concept of the chapters correctly. You can also access the preparation tips on the careers360 website, which can give you the perfect preparation strategy and increase your
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