M.Sc Applied Economics

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Master of Science in Applied Economics

Duration

2 Years

Level

Post Graduation

Type

Degree

Eligibility

Graduation

M.Sc Applied Economics or Master of Science in Applied Economics is a full-time two-year Post-Graduate degree program. The Master of Science course in Applied Economics deals with the understanding of the application of economic theory and econometrics.

The Master of Science degree program in Applied Economics helps to cultivate the skills that address real-life problems with the help of data and economic principles. The knowledge of applied economics helps to design business practices and policies of high quality. The practical aspects in which applied economics offer advanced learning include agriculture, industrialization, engineering, finance, monetary policies, and various others.

M.Sc Applied Economics Eligibility

  • The candidates must have qualified for their Bachelor's degree in a relevant field with Economics as one of the subjects more preferred by a recognized University.
  • The students should have scored at least 50% aggregate marks at their Graduation level.

M.Sc Applied Economics Syllabus

Syllabus of Applied Economics as prescribed by various Colleges and Universities.

M.Sc Applied Economics Semester-I

Sr. No. 

Subjects to Study

1

Basic Concepts and Applications of Economics

2

Environment and Economic Development

3

Economics General Factors and Economics Concerned with Individual Decisions

4

Macroeconomics and Microeconomics

5

Mathematical Modeling, Optimization, Game Theory, Statistics, and Econometrics

6

Quantitative Methods

M.Sc Applied Economics Semester-II

1

Econometrics

2

Economics of Natural Resources

3

Economics Concerned with the Use of Mathematical Methods

4

Game Theory

5

Indian Economic Development

6

Study of Mathematical Models

7

The Economic Development of India

M.Sc Applied Economics Semester-III

1

Advanced Econometrics

2

Advanced Concepts and Applications

3

Microeconomics-II

4

Mathematical Economics

5

Trade and the Environment

6

Time Series and Regression of Analysis

M.Sc Applied Economics Semester-IV

1

Ecological Economics and International Economics

2

Indian Agriculture in a Global Setting

3

Operations Research

4

Public Finance and Policy

5

Elective

  • Applied Welfare Economics
  • Computer Application in Economic Analysis
  • Development of Economic Ideas
  • Security Analysis, and Portfolio Management

 

M.Sc Applied Economics Colleges

  • Presidency University, Kolkata
  • Madras Christian College, Chennai
  • St Stephen's College, New Delhi
  • Fergusson College, Pune

M.Sc Applied Economics Course Suitability

  • The Master of Science course Applied Economics offers one of the best opportunities to develop skills that include Problem-Solving Ability, Strong Judgmental Ability, String Analytical ability, Critical Thinking, Decision Making, Strong communication, coordination and negotiation, System evaluation and Analysis, Management of material and financial resources.

How is the M.Sc Applied Economics Course Beneficial?

  • Applied economics is one of the disciplines that offer a wide scope for students to build a career. With the application in a wide range of sectors that include agriculture, aviation, finance, government, and international and domestic banking, consulting, and nonprofit, the Master of Science in Applied Economics offers a great prospect for the future.
  • M.Sc Applied Economics is highly in demand both in the public and private sectors.
  • Candidates can further pursue PhD. or any advanced degree after completion of the course as well.

M.Sc Applied Economics Employment Areas

  • Public & Private Sectors
  • Business Firms
  • Banking Sector
  • Consultancies
  • Colleges & Universities

M.Sc Applied Economics Job Types

  • Agricultural Economist
  • Business Analyst
  • Commodity Price Analyst
  • Data Analyst
  • Economist
  • Financial Asset Valuer / Financial Risk Analyst
  • IES Officer
  • Lecturer
  • Litigation Consultant
  • Mutual Funds Manager
  • Strategic Planner

Advanced Course in M.Sc Applied Economics

  • Doctorate