Economics is the science that studies the production, distribution and consumption of goods and services. Macroeconomics analyzes the entire economy and factors and policies that affect it. On the other hand, Microeconomics analyzes elements of the economy, for example, individual agents and markets.
The Masters in Economics is a postgraduate master's degree in economics (also MS in Economics, MA in Economics, MCom in Economics) comprising training in Economic theory, Econometrics and Applied Economics.
Students get to know the fundamental concepts related to Economics and their application in the real world. Some of the courses covered in a Masters in Economics include:
The requirements to study a Masters in Economics abroad are important to know from an eligibility point of view. Listed below are some of the basic requirements:
Business schools require you to give the GMAT which forms the most important part of your MS Economics application. Few universities also accept GRE scores in place of GMAT scores as a Masters in Economics requirement.
They also require a minimum 2-3 years of work experience (depending on the program you intend to join).
IELTS or TOEFL is compulsory for acquiring a student visa and as a proof of English proficiency.
A Bachelor’s degree in Economics or relevant subjects with excellent scores.
Getting a degree in economics opens up a huge number of potential career opportunities, especially when you’ve studied abroad. Popular careers for economics graduates include:
STUDY ABROAD GUIDE