What is the procedure of admission in Masters in economics in best university's of world?

Hey, glad to know that you are interested in Master's in Economics. The procedure for applying to master's courses abroad is different than that of Indian colleges. Generally, the courses start during fall of each year and you need to present the following -

1. GRE Scores

2. TOEFL/IELTS scores

3. Undergrad transcripts

4. Statement of Purpose

5. CV/Resume

6. Letters of Recommendation

Some colleges might ask for just a few of these requirements, some might ask for all. Some colleges offer scholarships to international students but the process varies from college to college. They either have an early deadline for master's application or a separate application for scholarship whereby you will need to submit documents showcasing your financial status like bank statements, tax certificates, salary slips, etc.

Universties across the world have various standards, reuirements and processes but this is a general framework. If you have doubts related to a specific university or a specific part of the process, please mention that :)

All the best!