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MSE offers 3-Year B.A. (Honours) Degree Program in Economics from 2022

Traditionally, economics has focused on understanding prices, competitive markets, and the interactions between markets. Today it is a scientific discipline. Economists today address a remarkable variety of social science questions. They formulate theories and collect data to test these theories against alternative hypothesis. Doing economic research involves asking questions about the social world and addressing those questions with data and clear-headed logic; employing mathematical, statistical, and econometric tools whenever appropriate to aid the analysis.

An undergraduate education in economics focuses on learning to analyse the world in terms of trade-offs and incentives- that is, to think like an economist. Our Economics course is designed for students who intend to pursue a career in industry, public policy and academia as they are trained to perform such tasks as gathering and analyzing economic/financial data, writing computer programs, solving mathematical problems, forecasting, etc. To achieve these objectives, we will acquaint ourselves with the set of tools – terminology, methodology, and the way of thinking– of an economist and practice using these.

This course is unique as it adopts a quantitative, rigorous, data-driven analytic approach to the field. Students who complete this course have a fair chance to get admission into MA/MSc/PhD Program offered in reputed institutions both in India and abroad. This program opens up many possibilities for employment. MSE in fact has a very good track record of placing its MA Students (almost 100%).

Structure of B.A. (Honours) Program

Course Type Number of Courses Number of Credits (Theory) Number of Credits (Tutorials/Practical) Total Credits
Core Course (CC) 14 5 1 84
Generic Elective (GE) 4 5 1 24
Discipline Specific Elective, including Discipline Related Elective (DE) 4 5 1 24
Ability Enhancement Courses (AE): (AECC+SEC)$ 4
(AECC-2 & SEC-2)
2* 0 10
Total 26 142

*AE-1(English) course is given 4 credits

$AE-2 is the second language(pass) course, to be completed within first 4 semesters of the program.

Course Structure Across Semesters $

Year Odd Semester Even Semester
1st Year Principles of Microeconomics (CC1)
Mathematical Methods for Economics I (CC2)
Indian Economy (CC3)
English (AE-1)
Principles of Macroeconomics (CC4)
Mathematical Methods for Economics II (CC5)
Money and Banking (CC6)
Environmental Studies/Science (AE-2)
2nd Year Intermediate Microeconomics (CC7)
Statistics for Economics (CC8)
Decision Support System (AE-3)
Intermediate Macroeconomics (CC9)
Introductory Econometrics (CC10)
Introduction to R, Matlab and Python (AE-4)
3rd Year Public Economics (CC11)
Economic Growth and Development (CC12)
International Trade (CC13)
Applied Econometrics (CC14)

$ The Second Language (Tamil/Hindi/French etc.) is a pass course.

Elective Courses

Elective Type Courses
Generic Elective (GE) History of Western Philosophy
Logic and Philosophical Inquiry
Real Analysis
Abstract Algebra
Operations Research
Differential Equations
Stochastic Calculus
Introduction to Business Analytics
Introductions to Computer Programming
Introduction to Machine Learning
Introduction to Data Science
Ability Enhancement Compulsory Courses (AECC) IEnglish (AE-1)
Environmental Studies/Science (AE-2)
Skill Enhancement Courses (SEC) Decision Support System (AE-3)
Introduction to R, Matlab and Python (AE-4)
Discipline Specific Electives (DE) Special Topics in Macroeconomics
Introduction to Game Theory
Issues in Development Economics
Risk Management
Energy Economics
Financial Economics
International Finance
Environmental Economics