Specializations available in Economics Education

Specializations Available for Electives or at Master Level

Economic Development: Economic development is the study of processes whereby simple, low-income national economies are transformed into modern industrial economies.

International Economics:International Economics is about studying the effects of economic activity, consumer behavior, trade and investments across the globe.

Monetary Theory and Policy: Monetary policy is the macroeconomic policy laid down by the central bank. It involves management of money supply and interest rate and is the demand side economic policy used by the government of a country to achieve macroeconomic objectives like inflation, consumption, growth and liquidity.

Financial Economics: A branch of economics that analyzes the use and distribution of resources in markets in which decisions are made under uncertainty. Financial decisions must often take into account future events, whether those be related to individual stocks, portfolios or the market as a whole.

Econometrics: A branch of economics concerned with the use of mathematical methods (especially statistics) in describing economic systems.

Macro & Micro Economics: Microeconomics is the study of economics at an individual, group or company level. Macroeconomics, on the other hand, is the study of a national economy as a whole.

Environmental Economics:An area of economics dealing with the relationship between the economy and the environment. Environmental economists study the economics of natural resources from both sides – their extraction and use, and the waste products returned to the environment.

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