Program Overview
MSc Economics Program trains you in technical areas of economics, such as FinTech and econometrics. The program extensively focuses on quantitative or statistical methods for decision-making, economic remodeling, and inference-based data. A distinguishing feature of this course is that it blends all relevant fields ranging from the economic policy perspective, financial perspective, and industry outlook. You will gain an in-depth understanding of advanced economic theories and strengthen your skills in current topics relevant to modern business needs. For example, China’s Belt and Road Initiative has been included as an elective to make students aware of the ongoing development project and its economic relevance for China and other nations.
The program has been designed comprehensively to give you excellent intellectual returns. Practical projects and seminars will facilitate high-end discussion, and participation in group tasks will prepare you for contemporary industry requirements. You can join the various sectors, such as economic consultancies, central banks, and reputed financial organizations, as per your interest and professional objective.
Educational Objectives
After completing the course, you will be able to:
- Use Economic theories for nation-building.
- Gain specialized knowledge in various fields of Economics.
- Communicate novel research findings to benefit people and communities.
- Understand economic issues in the national and international context, and make a significant contribution to knowledge.
- Gain a thorough understanding of core economic principles and their application to real-world issues.
- Master relevant tools to critique and create economic research.
- Articulate pragmatic policies to enhance the well-being of people.
Learning Outcomes
A. Knowledge and Understanding
A1. Describe economic models of micro and macroeconomics and apply them to real-life situations.
A2. Understand economic developments in a global context, in both contemporary and historical contexts.
A3. Comprehend mathematical concepts and their application to economic scenarios.
A4. Learn methodological tools relevant to modern macroeconomic conditions.
B. Practical Skills
B1. Analyze economic policy initiatives, and their impact on countries’ welfare.
B2. Assess financial risks of businesses, and act accordingly to mitigate those risks.
B3. Critically review economic theories, and provide evidence by testing these theories empirically.
B4. Classify different types of datasets (for example, time series, cross-sectional) along with their data generation procedure.
C. Transferable Skills
C1. Collaborate with others, demonstrating appropriate communication and problem-solving skills.
C2. Use adequate software tools to analyze and interpret data quantitatively.
C3. Develop knowledge of different tools along with their limitations.
C4. Think critically by relating economic theories to different scenarios in the national and international contexts.
D. Intellectual Skills
D1. Adhere to appropriate research standards and deftly navigate challenges arising in the research process.
D2. Identify previous research studies relevant to particular business scenarios, and apply findings constructively to reach the best possible solutions.
D3. Reflect on research experiences, strengths, and growth opportunities to make future career goals.
