The Master of Economics offers highly developed education in the theoretical and functional aspects of modern economics, econometrics and financial economics. This program offers students with the compulsory basics in economics and econometrics to continue higher studies. The master of economics is perfect groundwork for specialized economists in the communal or private sectors. The economists gather and evaluate data on national economic activity. They help corporate management, expand marketing promotions and prepare policies for competing with other firms.
Educational pre-requisites:
If you are interested in master of economics, then you should at least have a Bachelors degree with Economics as a major from any recognized institute. You must also have good GRE score along with a strong letter of recommendation.
Courses for Master of Economics:
The master of economics usually has 14 subjects taught in the curriculum alongside a research report that the students must undertake in the 2 years duration. However, some candidates can also complete the program in 4 years if they pursue the degree on a part time basis.
The core courses commonly offered in the curriculum include:
- Macroeconomic Theory
- Microeconomic Theory
- International Economics
- Policy Issues in Economics
- International Trade Theory
- Global Banking & Economic Institutions
- Monetary Economics
- Health Economics
- Competition & Regulation Policy
- Mathematical Techniques in Economics
- Statistical Techniques in Economics
- Econometrics
- Classic Works of Economic Theory
- Case Studies in Applied Economics
Career prospects:
The master of economics degree can unlock a wide range of career doors such as business, investment, management and consulting to name a few of the career possibilities. On graduation, you will find job opportunities in commerce and labor departments, governmental sectors, education instructor, policy makers, non-governmental organizations, consulting, research etc.
Average salary:
The average annual salary of an economist ranges from $36,174 to $80,000.
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