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M.Sc. (Economics)

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

How To Apply

Complete Online Application

Select the course and fill out the application form. Apply online https://admissions.rvu.edu.in/

RVU Selection Process

Complete the course-based selection process

Selection Letter Issued

Subject to fulfillment of eligibility and admission process

Programme Registration

On receipt of registration fee as specified in the selection letter

Provisional Admission Letter

Issued upon completion of the selection process

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