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M.A. in Economics


The two-year (four-semester) M.A. in Economics programme of the PSE follows the choice-based-credit system (CBCS). The M.A. in Economics degree is conferred by the Aryabhatta Knowledge University (the Institution providing affiliation to all degree programmes of the PSE) on the candidate who fulfils the requirements as specified in the M.A. Ordinances. To run this programme, the PSE faculties (also some guest faculties, whenever required) take full responsibility of teaching and evaluating the various courses.

The M.A. in Economics Programme of the PSE is designed to provide the students rigorous trainings on the ever-expanding knowledge base in economics, both theoretical and applied. The students are exposed not only to alternative theoretical paradigms in economics but also trained to improve their analytical and quantitative skills for evaluating the policies emanating from the theories. The students undergoing such trainings become well-equipped to undertake studies at a higher (doctoral) level, and join academic profession or to adopt professional career in the corporate / government sectors.

The Course Structure for the M.A. in Economics Programme at the PSE is as follows:

Semester

Course Type

Course Title

Course Code

Credit

FIRST SEMESTER

Core

Microeconomics I

ECPG1CC01

5

Macroeconomics I

ECPG1CC02

5

Mathematical Methods in Economics

ECPG1CC03

5

Statistics and Introductory Econometrics

ECPG1CC04

5

Development Economics

ECPG1CC05

5

Skill-Based (Optional)

One from SWAYAM / MOOCS

0 (Non-credit)

SECOND SEMESTER

Core

Microeconomics II

ECPG2CC06

5

Macroeconomics II

ECPG2CC07

5

Econometric Methods

ECPG2CC08

5

Elective

Elective 1

5

Elective 2

5

Skill-Based (Optional)

One from SWAYAM / MOOCS

0 (Non-credit)

THIRD SEMESTER

Core

International Trade Theories and Policy

ECPG3CC09

5

Indian Economic Development

ECPG3CC10

5

Software Applications of Econometrics

ECPG3CC11

5

Elective

Elective 3

5

Elective 4

5

FOURTH SEMESTER

Core

Environmental Economics

ECPG4CC12

5

Public Economics

ECPG4CC13

5

Field Survey and Report Writing

ECPG4CC14

5

Elective

Elective 5

5

Elective 6

5

Total Credits

100

 

Basket of Elective Courses for M.A. in Economics Programme Offered by the PSE

Semester

Course Title

Course Code

Credit

SECOND SEMESTER

Financial Economics

ECPG2EC01

5

Industrial Organisation

ECPG2EC02

5

Monetary Economics

ECPG2EC03

5

Health Economics

ECPG2EC04

5

Labour Economics

ECPG2EC05

5

History of Economic Ideas

ECPG2EC06

5

THIRD SEMESTER

Corporate Finance and Financial Institutions

ECPG3EC07

5

Advanced Econometrics

ECPG3EC08

5

Behavioural Economics

ECPG3EC09

5

Urban Economics

ECPG3EC10

5

Agricultural Economics I

ECPG3EC11

5

Law and Economics

ECPG3EC12

5

FOURTH SEMESTER

International Finance

ECPG4EC13

5

Advanced International Trade

ECPG4EC14

5

Resource Economics

ECPG4EC15

5

Human Development

ECPG4EC16

5

Agricultural Economics II

ECPG4EC17

5

Bihar Economy

ECPG4EC18

5

 

 

 

 

Basket of Open Elective Courses Offered by the PSE

Semester

Course Title

Course Code

Credit

SECOND

Health Economics

ECPG2OE01

5

History of Economic Ideas

ECPG3OE02

5

THIRD

Indian Economic Development

ECPG2OE03

 5

FOURTH

Human Development

ECPG4OE04

5

Bihar Economy

ECPG4OE05

5