M.Phil. (Economics)

Syllabus of M.Phil. Economics is designed as per the latest needs of industry and revised accordingly to keep it updated. The course aims to train students to identify problems in economics and come up with solutions to apply their skills.

Core courses, electives, and practical experience form part of its syllabus. The delivery method of this course offers a balanced approach by incorporating classroom learning along with workshops.

At different institutions, the syllabus may differ. Some subjects stay the same in the syllabus of all institutes. Some of these subjects are briefly described in the table below:

Paper Topics Objective
Research Methodology in Economics Meaning of research in economics: Types of research, Research methodology, methods and techniques, Objectivity and Biases in research, Formulation of a research problem, methodologies by different economists This paper focuses on integrating knowledge of functional areas of research methodology in economics.
Quantitative Techniques Fundamentals of Matrix Operations, Measures of Inequality, Explanation of Variations and prediction, Methods of Data Reduction, Classification and Discrimination, Correlation among variables This paper aims at equipping the students with the basic knowledge revolving around quantitative techniques.
Contemporary Economic Issues Political Economy of Globalization, Economic Development and Environmental Issues, Poverty and Unemployment, Price Policies and Administered Prices, Economics of Research and Development, Fiscal Restructuring and dynamic Federal structure The purpose of this paper is to impart the basic knowledge of contemporary economic issues
Methodology Of Dissertation Writing Basic Concepts, Science, Plagiarism, The format of the research paper, Basic elements of the scientific Method Documentation, Variety of Theses and Dissertation proposals The objective of this paper is to acquaint the students with the methodology of dissertation writing.
Logic And Methodology Of Science Logical Relations between Categorical Propositions, Fallacies, Empiricist Approach, Methodological of Science Evaluation of Scientific Explanation; Elements of Scientific Method The aim of this paper is to teach the logic and methodology of science.
Current Issues In Indian Economy The global economic & financial crisis, Oil prices and global imbalance, Off-shoring services: recent developments & prospects, India's growth pattern and obstacles to higher growth, implications of outsourcing & off-shoring This paper provides an insight into the current issues in the Indian economy

M.Phil. (Economics) : 5 answered questions

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Ques. Is it really difficult to get into PhD economics programs of universities like DSE, ISI or JNU with an M.A. Economics degree from IGNOU?

● Top Answer By Aarushi Kumar on 03 Nov 22

Ans. PhD or research is all about finding out new concepts. Thus we provide a deeper in already existing knowledge. PhD in Social Science is very much different from that of pure sciences, yet the goal is the same. As you know for doing research/PhD at the university level, the qualification required is PG degree. Every university has different criteria for selecting candidates. As you know DSE, JNU, ISI, IEW, IIPA, and IIMs are the prime institutions for teaching, learning and researching in economics, management and public administration. If you are willing to get into one of these institutions, a Master’s from IGNOU will have the same value as that from any other university. To get selected into these prestigious institutions, you will have to pass through a rigorous selection process of Entrance Group discussion  Personal interview  Moreover you will have to provide testimonials from your professors about your academic developments.Read more
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Ques. I have completed my MBA With specialization in rural development am I eligible for phd economics

● Top Answer By Tithi Aggrawal on 16 Sept 23

Ans. In order to determine your eligibility we must go through the eligibility criteria of the Ph.D. program offered by JNU Delhi. To get admission you must have a Master’s Degree/BE/B.Tech with 55% marks or equivalent Grade ‘B’ in UGC 7-point scale. There is no specific specialization mentioned that makes you eligible for admission to the Ph.D. in Economics program at JNU. Furthermore, you will be invited for a viva voce examination. To be eligible for this you must secure the following marks out of 70 in the written examination for doctoral courses:  General Category: 35% (24.50 marks out of 70)  OBC: 31.50% (22.05 marks out of 70)  SC/ST/PH: 25% (17.50 marks out of 70) The final selection of candidates for admission to the doctoral programs of study is made on the basis of inter-se merit of candidates in their respective categories, based on their performance  in the written examination,  in the viva voce (wherever prescribed), and  after incorporating the Deprivation Points, wherever applicable. No candidate is eligible for admission to the doctoral programs of study unless he/she secures the following minimum overall score which is 40% for the General Category, 36% for the OBC category, and 30% for SC/ST/PH.Read more
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Ques. Between JNU and Delhi School Of Economics, which option will be the best to pursue a PhD in economics for an individual?

● Top Answer By Tithi Aggrawal on 04 Jul 23

Ans. Ph.D. is different from other degrees in which you learn and take exams. During your Ph.D. you need a research guide who takes an interest in your work and is involved in active research in the same field as you. Unless your guide is active in research, they can not guide you. Here research refers to publishable research in good journals. Your field of research will determine the better option out of the two to pursue your Ph.D. in Economics. If say, you wish to work on Marxism/Communism or related topics, CESP JNU is the right choice for you. You will find ample assistance in JNU. If you wish to work in Micro Theory such as on Contract theory or Industrial Organization, DSE will be the right option. There are more faculty members in DSE than CITD JNU who work in these areas. If you wish to work on DSGE literature ( Macro), the guide will exist as a formality and you will be on your own for the most part. This field of research is not pursued by most in India and you will mostly have to rely on yourself. Also, if you wish to work in the corporate after your Ph.D. , join DSE as it offers very good placements. JNU does not offer on campus placements. The economics at JNU though, is very enriching. There you will be exposed to a variety of subjects, debates, etc.  You must choose between JNU and DSE for your Ph.D. Economics, based on your personal preference and your field of research.Read more
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Ques. Which institute is better for a PhD in economics (in terms of exposure, curriculum, study methods, etc.), IIM Ahmedabad or IIM Bangalore?

● Top Answer By Pratik Parikh on 20 Oct 23

Ans. IIM is a brand in itself. IIM Ahmedabad and IIM Bangalore are prestigious institutes.  Both are equally good for a Phd in Economics. You may choose either of the two for your higher studies. You can also consider Jamia Millia Islamia for a Phd. A Phd. from this college is also highly valued. Look into the research interests of the faculty while making a choice. This is the most important factor that you should consider while choosing a college for your Phd.  Both IIMA and IIMB are a good choice for your higher studies. You must choose between them based on your goals. Read more
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Ques. How good are your chances to get into PhD economics at MIT/Harvard/Stanford after completing MA economics from DSE or MSQE from ISI Delhi/Kolkata?

● Top Answer By Debarghya Sanyal on 04 Sept 21

Ans. Getting admission to MIT, Harvard or Stanford can be possible from ISI Delhi. It has a very good Economics Unit. However, the same cannot be said about ISI Kolkata and also MSQE, for that matter. Do not expect to get into MIT or Harvard or Stanford by studying in ISI Kolkata. It goes without saying that you will have to have and maintain an excellent academic record to even be considered for admission to the institutes you aspire to study in. And you also must have a good reference with the faculty so that they can write letters of recommendation for you.Read more
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M.Phil. (Economics) Colleges IN INDIA

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Panjab University - [PU]
Chandigarh, Chandigarh
AICTE
15.67 K first year fees
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10.75 K Total fees
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Presidency College
Chennai, Tamil Nadu
AICTE
2.22 K Total fees
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17 K first year fees
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11.77 K first year fees
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Christ University
Bangalore, Karnataka
UGC
65 K first year fees
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