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Azim Premji University (APU) ( MA in Economics )

The MA in Economics program at Azim Premji University empowers you to comprehend intricate social dynamics through robust technical and economic expertise. Also, they nurture your ability to work with abstract numerical data and statistics, fostering a deep grasp of the Indian economy, economic theory, analytical tools, and their practical application in addressing contemporary economic and development challenges.

Admission Procedure for MA in Economics

The admission procedure involves both an entrance exam and an interview.

Eligibility Criteria for MA in Economics APU

To be eligible for the APU MA in Economics program, applicants typically need an undergraduate degree in Economics. However, exceptions may be considered on a case-by-case basis for students who can demonstrate a satisfactory level of knowledge in economics.

Fees for MA in Economics APU

The tuition fee is Approx 2.50 lakhs

APU Entrance Exam Syllabus

Syllabus for MA Economics Entrance Exam:


Individual behavior theory: Preferences, utility, indifference curves, optimization, income and substitution effects, and demand curves. Firms: Specialization, economies of scale, cost minimization, profit maximization, supply curves, competition models. Markets: Walrasian equilibrium, assumptions. Risk and uncertainty: Expected utility theory, risk preferences, dealing with risk, insurance. Social welfare and public economics: Conceptions of social welfare, externalities, public goods, taxation, efficiency, and equity.


National income accounting: Income identities, expenditure-based approaches, fiscal and monetary policy, monetary transmission mechanisms, inflation theories, growth models. Quantitative methods: Data interpretation, descriptive statistics, probability, hypothesis testing, multivariate regressions.

Essay Questions:

Employment: Employment elasticity, jobless growth, occupational segregation, labor market discrimination. Poverty and Inequality: Measurement and trends. Social Protection Policies: Public Distribution System, MGNREGA. Economics and the Environment: Environment and development, sustainable development, economic models of environmental issues. Development theories and growth models.

APU MA Economics Entrance Paper Pattern

The entrance test for this program includes multiple-choice questions covering foundational economics concepts in microeconomics, macroeconomics, and quantitative methods. Additionally, there are two essay questions focused on development theory and practice. The test has a duration of 3 hours.

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