Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the entire economy (meaning aggregated production, consumption, savings, and investment) and issues affecting it, including unemployment of resources (labour, capital, and land), inflation, economic growth, and the public policies that address these issues.
Economists study how society distributes resources, such as land, labor, raw materials, and machinery, to produce goods and services. They conduct research, collect and analyze data, monitor economic trends, and develop forecasts on a wide variety of issues, including energy costs, inflation, interest rates, exchange rates, business cycles, taxes, and employment levels, among others.
Economists develop methods for obtaining the data they need. For example, sampling techniques may be used to conduct a survey, and various mathematical modeling techniques may be used to develop forecasts. Preparing reports, including tables and charts, on research results also is an important part of an economist’s job, as is presenting economic and statistical concepts in a clear and meaningful way for those who do not have a background in economics.
|iQue Training Programs for Professional Careers after 12th (Open for All streams)|
|Name||Duration||Suitable for||Deliverables||Batch Starting Dates (Tentative)|
|2 Year Program||10th Passout Students||450+ hours of classroom training + common deliverables||During the months of April, May, June, July, August|
|1 Year Program||11th / 12th Passout Students||320+ hours of classroom training + common deliverables||During the months of April, May, June, July, August|
|Crash Extended Program||12th Appearing / Passout Students||200+ hours of classroom training + common deliverables||During the months of October, November and December|
|Crash Program||12th Appeared / Passout Students||160+ hours of classroom training + common deliverables||End of March (after 12th board exams)|
|Online Learning Program||Anyone||Live sessions, videos, notes, quizzes, exercises and tests||Anytime|
|Distance Learning Program||Anyone||Videos, notes, quizzes, exercises and tests||Anytime|
In India, any students passing out grade 12th from Science, Commerce or Arts can pursue economics related studies at graduation and higher level. The two degrees available are BA (Economics) and B.Sc. (Economics). Broadly speaking, BA degree deals with theoretical and policy related concepts and B.Sc. deals with Practical application related processes. For admissions, part most of the BA degrees do not have any strict eligibility criteria where as the students who wish to pursue B.Sc. (Economics) need to have studied Mathematics/Statistics at grade 11th and 12th level as an eligibility Criteria. Click for more information
A degree in Economics gives a wide range of career options to students. Students can opt for Government of Public sector jobs, corporate jobs in MNCs, family business or start-ups, NGOs etc. While a higher study is always a good option, economics graduates also have the option of the Civil Services, the Merchant Navy and the Indian Armed Forces. Click for more information
Students of Economics get a good array of specialization subjects to choose from. Some specializations are more theoretical in nature like Monetary Theory and Policy, while others are application oriented including Econometrics and International Economics. Click for more information
The Entrance Exams for Economics courses in different colleges/universities are varied in nature. While some of them are more of a General Aptitude test in nature, others are more technical and contain subjects of basic economics, finance and business management Click for more information
Some of the best colleges of Economics, in India, are associated with highly reputed and very old Universities. While some colleges grant admission on the basis of 12th Board results, others do so on the basis of Entrance exams and other selection processes. Click for more information
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