Economics

Economics is the penetration into the economical functions at macro and micro levels in context to the Global Market. It is the science of the economic system and theories that manage production, distribution and consumption of goods and services. It is a path that favours critical thinkers with quantitative skills. Fields involved in economics are econometrics, international economics, economic policymaking, public finance, development economics, monitory economics, etc. Economics as a career provides for sustainable opportunities in today’s globalizing world. The industrial sector has great demand for an economist at both the national and international level. The fastest growth in demand for economics is being witnessed in the private sector, especially in the areas of consulting and economic research. Economists are equally important in the government sector, entry to which is based on UPSC examination (Civil Services in IES). Candidates aspiring for a career in Economics are required to have passed the 10+2 (HSC) examination from a recognized Board/University with Economics as one of the recommended subjects. An aspirant can go on to pursue a Bachelor’s degree in Economics followed by a Master’s Degree or Doctor of Philosophy degree for prospective economists to be competitive. However, job prospects are open after graduation. The top recruiters include Private and Public Banks, Private and Government Research Centres, Multi-National Companies, Consulting Companies. Popular fields include-Business Economics, Monetary economics, financial economics.