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) : 3 answered questions

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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 Aaditya Hari Nair 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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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 Keshav Jindal on 17 Jul 21

Ans. One of my cousins who did a Ph.D. said that choosing a college clearly depends upon the area of interest you have in mind for the research. It would be good if you start researching the professors of the colleges. If their field of expertise matches the field you wanted to opt for, then it’s a win-win situation. Well, If we talk about JNU I have been informed by one of my friends who did PhD from JNU that this university focuses on hardcore research. Moreover, it has a good number of professors who have decent experience in research. Whereas, DSE offers a master’s program that helps students to apply for corporate jobs. Thus, this institute is quite quantitative for its PG courses. Delhi School of Economics will teach mathematically to understand the contemporary style of economics. This will help you try for a Ph.D. abroad. JNUs teachings are much simpler and theories with less mathematical writing. If you want to sit for UPSC exams, JNU is really a good option. Therefore, you need to choose wisely, pursuing Ph.D. would only be good if you receive a good piece of advice from your professors or someone who has appropriate experience.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 Lubaba Shaheen on 31 Aug 20

Ans. IIM Ahmedabad and IIM Bangalore both are highly proclaimed institutions. You can choose any of the above-mentioned institutes for a Ph.D. in Economics. Given below is a comparison between the Ph.D. in Economics program offered by the two institutes. Institution IIM Ahmedabad IIM Bangalore Selection Process GRE/GMAT/GATE/UGC-JRF in a relevant subject GRE/GATE/CAT/GMAT/IIMB Test Stipend INR 35,000 per month INR 40,000 per month Duration 3-5 years 3-5 years Average CTC 25 LPA 26.18 LPA Most students receive jobs from educational institutions with roles like the Assistant professor and Visiting faculty. Few students also opt for higher studies. Both the IIMs are equally good and offer similar opportunities and exposure.Read more
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M.Phil. (Economics) Colleges IN INDIA

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35.2 K first year fees
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Christ University
Bangalore, Karnataka
UGC
35 K first year fees
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1.38 K first year fees
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Presidency College
Chennai, Tamil Nadu
AICTE
2.22 K Total fees
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Delhi University - [DU]
New Delhi, Delhi NCR
AICTE
1.15 L Total fees
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