M.A. Economics (with specialisation in the World Economy)
A new and unique Master's programme (M.A.) in Economics was introduced by the department in 1995/96. Keeping in mind the changing economic environment of India and its growing integration with the global economy, this new M.A. programme was designed with a clear emphasis on emerging global issues like trade, technology, environment, natural resources, development, currency and finance, regulatory economics, information economics, which makes it unique and distinct from conventional M.A. programmes in economics offered elsewhere in India. The programme provides sound theoretical background in the principles of economics and equips students with analytical tools and techniques for understanding the evolution of the world economy. Apart from preparing students for advanced research work, the programme also aims at training students as professional economists for the government, non-government and the corporate sectors.
The MA programme has proved to be highly successful which is evident from the increasing number of applications we receive every year (exceeding 1500 + for about 35 seats). After completing the MA, our students have gone for higher studies in India and abroad including LSE, Princeton, Yale, Rochester, NYU and Ohio State. Some have received lucrative job offers from the top corporates (GE, HSBC, ICICI, Infosys, American Express, Exim Bank, CII, Churchill India among others). There is an active placement cell in the Centre run by students themselves.
The M.A. in Economics (with specialization in the World Economy) is a full-time programme of study spanning two years. Each year is divided into two semesters – the monsoon semester and the winter semester.
On the whole the student has to study nine core and seven optiona courses, each carrying a credit of 4 points.
(Please see the Prospectus)
The admission to the programme is through an all-India written test. The test is intended to evaluate the knowledge of candidates in micro-economics, macro-economics, mathematics, and statistics and some related subjects such as public economics and economic development. (Please see the Prospectus for details). Sets of previous questions papers for the programme can be obtained from the University at a nominal cost.
Evaluation and Grading System
The minimum credit requirement for the programme is 64. This is over duration of four semesters, extendable by two extra semesters. Each student is graded in each course as per JNU grading norms. At CITD, special emphasis is laid on developing the articulation skills of students. Many of the courses are evaluated on the basis of mid-semester and end-semester written examinations as well as class presentations and term papers.