School of Economics and Public Policy
M.Sc. (Economics)
Programme Overview
The M.Sc. in Economics programme in SOEPP prepares students for future careers in academics and in diverse industry-related fields in economics, such as development policy, financial economics, econometrics, and data analytics.
The curriculum is designed to lay equal emphasis on theoretical understandings in economics and its applications in multiple fields within and outside of the discipline of economics. Data and evidence driven understanding of economic theories and issues is encouraged.
Hands-on learning through industry exposure, self-study, research and projects are an integral and important part of the programme. This component of the programme allows students to develop and enhance their skills in critical thinking, analytical abilities, data collection and analysis, problem solving, independent research and study, and presentation and writing skills.
Most courses are 4 credits. Each credit translates to 15 contact hours. At least 30 per cent of contact time for courses are spent in tutorials, discussions, or applications. Pedagogies vary across courses. Some of the courses are taught courses with a heavy theoretical component. Class lectures in these courses are interspersed with tutorials. At least 30 per cent of the contact hours in these courses are in the form of tutorials that elicit better understanding and critical thinking among students. Other courses balance theories with experiences and applications. These courses are taught in a more discursive mode and 30-50 per cent of the contact hours are in the form of discussions, student presentations, data analysis and software applications.
On completion of the M.Sc. programme students are equipped with a Master’s degree in Economics with a specialisation of their choice, certified industry experience, a self-study paper or project report in the area of specialisation, and a dissertation thesis to support their experiences and expertise.
Programme Structure
Development Economics
Curriculum structure
Semester – 1
- Microeconomics
- Macroeconomics
- Indian Economy
- Quantitative and Qualitative Research Methods
- Mathematics for Economics
Semester – 2
- Advanced Microeconomics
- Advanced Macroeconomics
- Econometrics
- Public Finance
- Internship
Semester – 3
- Theories of Growth and Development
- International Trade
- Environmental Economics
- Elective 1 (International Finance/ Advanced Game Theory/ Agricultural Economics/ Advanced Econometrics)
- Elective 2 (/ Labour and Gender Economics/ Institutional Economics/Computational microeconomics)
Semester – 4
- Elective 3 (Banking and Financial Markets/ Advanced Multivariate Analysis/Historical Analysis of Contemporary Economic Issues/Computational Macroeconomics)
- Elective 4 (Financing Sustainable Development/ Monetary Theory and Policy/Welfare Economics/ Applications of Data Analysis)
- Master’s Thesis Presentation
Econometrics
Curriculum structure
Semester – 1
- Microeconomics
- Macroeconomics
- Indian Economy
- Quantitative and Qualitative Research Methods
- Mathematics for Economics
Semester – 2
- Advanced Microeconomics
- Advanced Macroeconomics
- Econometrics
- Public Finance
- Internship
Semester – 3
- Theories of Growth and Development
- International Trade
- Environmental Economics
- Elective 1 (International Finance/ Advanced Game Theory/ Agricultural Economics/ Advanced Econometrics)
- Elective 2 (/ Labour and Gender Economics/ Institutional Economics/Computational microeconomics)
Semester – 4
- Elective 3 (Banking and Financial Markets/ Advanced Multivariate Analysis/Historical Analysis of Contemporary Economic Issues/Computational Macroeconomics)
- Elective 4 (Financing Sustainable Development/ Monetary Theory and Policy/Welfare Economics/ Applications of Data Analysis)
- Master’s Thesis Presentation
Financial Economics
Curriculum structure
Semester – 1
- Microeconomics
- Macroeconomics
- Indian Economy
- Quantitative and Qualitative Research Methods
- Mathematics for Economics
Semester – 2
- Advanced Microeconomics
- Advanced Macroeconomics
- Econometrics
- Public Finance
- Internship
Semester – 3
- Theories of Growth and Development
- International Trade
- Environmental Economics
- Elective 1 (International Finance/ Advanced Game Theory/ Agricultural Economics/ Advanced Econometrics)
- Elective 2 (/ Labour and Gender Economics/ Institutional Economics/Computational microeconomics)
Semester – 4
- Elective 3 (Banking and Financial Markets/ Advanced Multivariate Analysis/Historical Analysis of Contemporary Economic Issues/Computational Macroeconomics)
- Elective 4 (Financing Sustainable Development/ Monetary Theory and Policy/Welfare Economics/ Applications of Data Analysis)
- Master’s Thesis Presentation
Data Analytics
Curriculum structure
Semester – 1
- Microeconomics
- Macroeconomics
- Indian Economy
- Quantitative and Qualitative Research Methods
- Mathematics for Economics
Semester – 2
- Advanced Microeconomics
- Advanced Macroeconomics
- Econometrics
- Public Finance
- Internship
Semester – 3
- Theories of Growth and Development
- International Trade
- Environmental Economics
- Elective 1 (International Finance/ Advanced Game Theory/ Agricultural Economics/ Advanced Econometrics)
- Elective 2 (/ Labour and Gender Economics/ Institutional Economics/Computational microeconomics)
Semester – 4
- Elective 3 (Banking and Financial Markets/ Advanced Multivariate Analysis/Historical Analysis of Contemporary Economic Issues/Computational Macroeconomics)
- Elective 4 (Financing Sustainable Development/ Monetary Theory and Policy/Welfare Economics/ Applications of Data Analysis)
- Master’s Thesis Presentation
| Semester I | Credit | Type |
|---|---|---|
| Microeconomics | 3 | Core |
| Macroeconomics | 3 | Core |
| Statistical Methods (Theory) | 4 | Core |
| Mathematical tools for Economics | 4 | Core |
| History of Economic Thought | 3 | Core |
| Health and Wellness | 2 | Ability Enhancement |
| Excel for Data Analysis | 2 | Skill Enhancement |
| Total | 21 |
| Semester III | Credit | Type |
|---|---|---|
| Development Economics | 3 | Core |
| Public Economics | 3 | Core |
| Advanced Econometrics | 4 | Core |
| Intrernational Trade | 3 | Core |
| Foreign Language | 2 | Ability Enhancement |
| Elective 1 | 3 | Elective |
| Elective 2 | 3 | Elective |
| Internship | 2 | Skill Enhancement |
| Total | 23 |
| Electives ( Can choose and two from below) | |||
|---|---|---|---|
| Non-quantitative | Credits | Quantitative | Credits |
| Agriculture and Rural Development | 3 | Data Visualization & Story Telling | 3 |
| Urban Economics | 3 | Financial Markets &Trading | 3 |
| Semester II | Credit | Type |
|---|---|---|
| Advanced Microeconomics | 3 | Core |
| Advanced Macroeconomics | 3 | Core |
| Basic Econometrics | 4 | Core |
| Financial Economics | 3 | Core |
| Indian Economy | 3 | Core |
| Research Methods | 4 | Skill Enhancement |
| Communication Skills | 2 | Ability Enhancement |
| Total | 22 |
| Semester IV | Credit | Type |
|---|---|---|
| Environmental Economics | 3 | Core |
| Behavioural Economics | 3 | Core |
| Elective 1 | 3 | Elective |
| Elective 2 | 3 | Elective |
| Dissertation/Thesis/Project | 4 | Skill Enhancement |
| Total | 16 |
| Electives ( Can choose and two from below) | |||
|---|---|---|---|
| Non-quantitative | Credits | Quantitative | Credits |
| Policy Design and Program Evaluation | 3 | Python for Data Analytics | 3 |
| Economics of Health and Education | 3 | Financial Modelling | 3 |
Why M.Sc. (Economics) at RV University?
The emphasis of the MA Economics curriculum at RVU rests on:
- Sound theoretical knowledge
- Critical understanding of contemporary issues and historical processes
- Specialisation tracks to suit students’ interests and aptitude
- Gain knowledge, capabilities, skills and professional experience in chosen area of specialisation
- Focus on research, self-study, industrial experience to prepare independent thinking individuals
Eligibility & Selection Criteria
| Programme | National Eligibility test / State Eligibility test if any | Eligibility | Selection Process |
|---|---|---|---|
| M.Sc. | None | Undergraduate degree from any discipline (math knowledge till class 12 preferred) | Interview for all candidates |
Career Options
A degree in Economics and Finance can open up career tracks in numerous sectors in the global market. Having an analytical mind and a strong awareness of the world, this career will help students use innovative techniques and mindful understanding to overcome problems with logical solutions.
- Teaching
- Academic Research
- Civil Services
- Banking
- Entrepreneurship
- Data Analytics
- Actuaries & Risk Assessment
- Market Research
- Development Sector NGOs
- Policy Think Tanks
- Ministry of Finance
- Niti Aayog
- RBI





