ShikshaTopQuestions-Humanities & Social sciences

As a world leader in distance education, it has been conferred with awards of excellence by the Commonwealth of Learning (COL), Canada, several times. IGNOU provides seamless access to sustainable and learner-centric quality education, skill upgradation and training to all by using innovative technologies and methodologies. IGNOU teaching techniques include self-instructional materials, counselling sessions, both face-to-face and via teleconferencing mode. The M.A. (Economics) Programme at IGNOU offers the learners an opportunity for higher studies in Economics. Besides offering the core courses available in other universities, it includes themes in some of the emerging areas in economics such as insurance, finance and computer applications that are expected to be extremely useful in the present scenario of economic liberalization and globalization.

The programme provides an advanced understanding of the key economic, political, strategic, cultural, legal and organisational dynamics that shape international affairs, with a primary focus on practical policy development and implementation. Graduates in International Relations are employed in government, journalism, law, non-governmental organizations, international business, and teaching and research. Some of the IR experts become free lancers and work as advisors to political parties, Government organisation, think tanks, strategy organisation and opinion makers. Graduates have openings in foreign services, United nations organisation, etc.

Different languages are spoken in different nations; therefore, there is requirement of professionals who can help in communication among different people speaking different languages. Foreign language specialists, interpreters and translators are required in organisations dealing in foreign trade, foreign high commissions and embassies, travel and tourism industry, entertainment, tourism, public relation, international organizations and media, etc. Career opportunities for foreign language specialists are increasing in India and abroad. Foreign language specialist can work a teacher, freelancer, technical writer and interpreter or as a translator. With opening of Indian economy, multinational organisations require people with excellent language skills in foreign languages. In government sectors there are limited opportunities available for foreign language specialist. They are employed in different ministries, foreign offices such as High commissions and embassies.

Studies how individuals, businesses, governments and nations make choices on allocating resources to satisfy their wants and needs, and tries to determine how these groups should organize and coordinate efforts to achieve maximum output. There are multiple specialisation in the field of economics such as microeconomics, macroeconomics, investigating market structure, strategic business decision, public economics, econometric, business economics, International trade, etc. With increased demand for data analyst in business to gain competitive advantage, graduates with Econometric expertise are in huge demand. Econometric is the application of statistical methods to economic data and is described as the branch of economics that aims to give empirical content to economic relations. It is the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference.