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%).