Economics

Masters of Applied Economics programme offered by Australian National University focuses on students who are interest in rigorous training in economics. The programme is designed for individuals looking forward to strengthening fundamentals of Economics, Statistics and Econometrics. The minimum requirements for admission include A minimum GPA of 4.0 out of 7.0 and meeting the English language requirements as specified by the university. The fees for the programme is 30 L per year. Students graduating from this course analyse the economic effects various changes across different fields of economics, apply statistical and economic skills to analyse various economic issues and developing practical solutions.

Economics is one of the most sought-after courses. There are several reasons why candidates should choose to pursue a PhD Economics course. Some of these reasons have been listed below:

• A PhD degree in economics opens up many job opportunities in the business, corporate, and government sectors. 

• The study of economics is directly applicable to the real world. A PhD in Economics will help the student navigate their own finances and they will learn to manage it. 

• All MNCs and bigger companies hire candidates with an in-depth knowledge of Economics, to predict the market and help the company grow efficiently. These companies offer high salaries and other perks in return for their service.

• Candidates who have completed PhD Economics can serve the nation through service as policy-makers, financial analysts, economic advisors, etc. for the government. 

• Economics skills apply across industries and roles. PhD Economics graduates are also hired by public and private banks and other commercial companies.

•  A PhD enhances one's career prospects and serves as a gateway to a career in academia. 

If your score in CUET PG economics is 47 marks, there may be still some universities you can apply, especially universities of central government. Some central universities like Tripura University, Ambedkar University Sikkim, Mahatma Gandhi Central University Bihar might have cut off less than your score. Some private institutions and state universities offer M.Sc. in economics with the respective departments having more relaxed admission criteria. There would also be colleges which accept CUET PG scores and have relaxed cut off for other categories. A thorough study of individual university admission policies and contacting the respective admission offices would help to know available choices considering your score. I suggest to also seek admissions to universities by merit only or that have entrance examinations with a component of scores other than CUET PG too, as a better way of trying to increase chances of admissions.

The study of economic systems, organisations, and policies and how they have changed over time to shape societies and impact global development is a fascinating topic covered in economic history classes. Economic Historians use both quantitative data and qualitative sources to understand the historical context in which major economic events have taken place.
Usually, these courses provide a broad overview of economic history from prehistoric times to the present. Key economic principles, including production, distribution, trade, and consumption, are taught to students along with an analysis of their historical evolution.

Click to learn Courses after 12th in Arts and Humanities.

• After pursuing Economics, one can pursue either a postgraduation or a doctorate in Economics and establish a career in academics. One can also pursue a Bachelor of Education (B.Ed) and work as a TGT or PGT in popular schools.
• You gain an insight into how economics works globally.
• Different economics-related careers are well-paid.
• Economics skills apply across industries and roles.
• Economics graduates are also hired by public and private banks and other commercial companies.
• Graduates can also pursue professional courses such as Chartered Accountancy, Company Secretary,  Cost and Management Accounting (CMA), Chartered Financial Analyst (CFA),  Bachelor of Laws (LLB), etc. after studying Economics.
• Learn about international trade and global markets.
• Professionals are hired by top multi-national companies for various job profiles such as Analyst, Administrator, Economist, Banker etc.