economics degree in india is one of the major branches of social science. Economics is concerned with the study of production, distribution, and consumption of goods and services. The field of economics is further divided into macroeconomics and microeconomics. Microeconomics studies economics at an individual level or group level whereas macroeconomics studies the national economy as a whole which involves countries and governments. Economists can work in a wide variety of settings including in the foreign sector, government organizations, corporate sector, academics, health sector, business, research firms, international organizations, etc. In this article, we will be looking at the Best economics colleges in India where you can pursue a master’s degree in economics.
Top 6 Best economics colleges in india
1. Delhi School Of Economics
There are two criteria for selection and admission – merit-based and admission test. Anyone who has completed a BA in Economics at the University of Delhi with a minimum of 60% marks can apply on a merit basis. Students who have completed a bachelor’s economics degree in india from any branch under the university of Delhi or any other university recognized by the University of Delhi, and have secured a minimum of 60% marks can apply for the admission test. The admission test consists of multiple-choice questions only, with negative marking for wrong answers. The test measures candidates’ knowledge in microeconomic theory, macroeconomic theory, mathematics, probability, statistics, and elementary econometrics. The admission procedure follows the reservation criteria. There are several scholarships available for eligible students like Exim Bank Scholarship, Prof. S. D. Tendulkar scholarship, etc.
2. St. Stephens College
St. Stephens College come amongst the Best economics colleges in Best economics colleges in india was established in Delhi in the year 1881, under the University of Delhi. For admission for M.A Economics at St Stephen’s, an applicant must apply separately through this college’s postgraduate portal after completing all due process at the University of Delhi’s portal. Admission is based on the marks obtained in the entrance test or marks obtained before graduation, depending on the mode of admission.
3. Indian Statistical Institute
Indian Statistical Institute come amongst the best economics colleges in India is located in Kolkata offers a Master of Science degree in quantitative economics. This program mainly focuses on the applications of economics including its quantitative methods. The applicants to this course should have completed a three-year Bachelor’s economics degree in india and Mathematics. The selection of candidates for this program is based on performance in written tests and subsequent interviews. The written admission tests comprises of multiple-choice in questions both Economics and Mathematics at the undergraduate level.
4. Chennai Loyola College
Aspirants who have completed their bachelor’s in economics degree in india from any recognized university can apply for the postgraduate course in Economics
The selection is based on an entrance test, followed by an interview conducted by the institute. Also this college come amongst the Best economics colleges in India.
5. Madras Christian College
6. Christ University, Bangalore
Students who have completed their graduation with a minimum of 50% marks can apply for the postgraduate course. The admission procedure includes three steps: entrance test, skill assessment- an aptitude test, and personal interview.
Frequently Asked Questions (FAQs)
Q:What are the implications of economic growth for poverty and inequality?
Poverty and inequality can be reduced by economic progress, although this is not always the case. If these concerns are not addressed alongside economic progress, they may even get worse.
Q:What are the implications of economic growth for the environment?
If it is not properly controlled, economic expansion may have a harmful effect on the environment. This is due to the fact that economic progress frequently causes greater resource use and pollution.
Q:What are the implications of economic growth for social welfare?
If measures are put in place to make sure that everyone benefits from economic progress, it is possible for economic expansion to have a beneficial effect on social welfare. This comprises laws that support social security, health care, and education.
Q:What are the future prospects for the Indian economy?
The Indian economy has promising future potential, but there are a number of issues that need to be resolved. India has the capacity to develop into one of the world’s top economies if these issues are resolved.
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