Economics 

Economics is the study of how individuals, businesses, governments, and nations produce, distribute, and consume goods and services. It is also the study of how scarce resources are allocated to satisfy people's wants and needs. Economists use their knowledge of economics to help make decisions about how to allocate resources in a way that benefits society as a whole. Some of the topics that economists focus on include supply and demand, inflation, employment, national income, and economic growth.

Some of the famous Indian economists are:

• Amartya Sen, who won the Nobel Prize in Economics in 1998 for his work on welfare economics and social choice theory.

• Raghuram Rajan, who was the Governor of the Reserve Bank of India from 2013 to 2016.

• Manmohan Singh, who was the Prime Minister of India from 2004 to 2014.

• Conduct research on economic issues

• Prepare reports and formulate plans to address economic problems

• Analyze and report data to explain economic phenomena and forecast market trends

• Apply mathematical models and statistical techniques

• Observe trends and forecast production and consumption of resources

• Formulate recommendations, policies, or plans to solve economic problems or to interpret markets

• Research economic issues and disseminate research findings through technical reports or scientific articles in journals

• Teach theories, principles, and methods of economics

• Study the socioeconomic impacts of new public policies, such as proposed legislation, taxes, services, and regulations

• Develop economic guidelines and standards

• Provide advice and consultation on economic relationships to businesses, public and private agencies, and other employers

1. Complete 12th grade with a focus on mathematics, then complete a Bachelor of Arts (Hons) in Economics. You can then proceed to a Master of Arts in Economics, and then a Doctor of Philosophy (PhD) in Economics.

2. Complete 12th grade with a focus on mathematics, then complete a Bachelor of Management Studies (BMS) or Bachelor of Business Administration (BBA) with a specialization in Financial Economics. You can then proceed to a Master of Business Administration (MBA) in Business Economics.

3. Complete 12th grade with a focus on mathematics, then complete a Bachelor of Science (BSc) in Economics. You can then proceed to a Master of Science (MSc) in Economics.

4. Complete 12th grade with a focus on mathematics, then complete an integrated program in MSc Economics.

The following entrance exams are held in India for graduation and post-graduation:

• Graduation:

  • Guru Gobind Singh Indraprastha University Common Entrance Test-IPU CET 2023

  • Banaras Hindu University Undergraduate Entrance Test-BHU UET 2023

  • University of Petroleum and Energy Studies Design Aptitude Test-UPES DAT 2023

  • CMR University Admission Test-CMRUAT 2023

  • Symbiosis Entrance Test-SET 2023

  • Integral University Entrance Test-IUET 2023

  • Aliah University Admission Test-AUAT 2023

  • Delhi University Joint Admission Test-DU JAT 2023

  • Tata Institute of Social Sciences Bachelor Admission Test-TISS BAT 2023

  • Jawaharlal Nehru University Entrance Examination-JNUEE 2023

• Post-graduation:

  • Guru Gobind Singh Indraprastha University Common Entrance Test-IPU CET 2023

  • Tata Institute of Social Sciences National Entrance Test-TISSNET 2023

  • Punjab University Combined Entrance Test-PU CET 2023

  • Cochin University of Science and Technology Common Admission test-CUSAT CAT 2023

  • University of Petroleum and Energy Studies Design Aptitude Test-UPES DAT 2023

  • Mahatma Gandhi University Common Admission Test-MGU CAT 2023

  • Integral University Entrance Test-IUET 2023

  • Jain Entrance Test-Jain Entrance Test 2023

  • Aliah University Admission Test-AUAT 2023

  • Dibrugarh University Entrance Exam-Dibrugarh University Entrance Exam 2023

• The science of collecting, organizing, analyzing, and interpreting data.

• The application of statistical methods to economic data.

• The body of law that governs commercial transactions.

• The process of evaluating financial statements and other data to make investment decisions.

• The process of cleaning, organizing, and analyzing data to extract meaningful insights.

• Academia

• Business

• Government

• Non-profit organizations

• Consulting

The demand for economists is high, and the salaries are competitive. The average salary for an economist in India is ₹5 lakhs per year.

Know through scientific study, counselling or Psychometric Analysis - Contact & book the appointment: 8919050676

Graduation

Shri Ram College of Commerce - [SRCC], New Delhi

Lady Shri Ram College for Women - [LSR], New Delhi

St. Stephen's College

Stella Maris College, Chennai

St. Xavier's College, Mumbai

Symbiosis College of Arts and Commerce, Pune

Loyola College, Chennai

Delhi School of Economics

Ramjas College, New Delhi

Hindu College, New Delhi

Post Graduation

Shri Ram College of Commerce - [SRCC], New Delhi

Jawaharlal Nehru University

Stella Maris College, Chennai

Symbiosis College of Arts and Commerce, Pune

Christ University, Bangalore

Lady Shri Ram College for Women - [LSR], New Delhi

St. Stephen's College

Loyola College, Chennai

Delhi School of Economics

Ramjas College, New Delhi