Banaras Hindu University (MA Economics through CUET PG)

Master’s in Economics at Banaras Hindu University is an excellent choice for those looking to acquire a strong foundation in economics, engage in research, and prepare for a diverse range of career opportunities. BHU’s legacy of academic excellence and the program’s comprehensive curriculum make it a sought-after destination for economics enthusiasts.

MA Economics Admission Procedure

Admission is through an entrance test. (CUET PG 2024)

Eligibility for the MA in Economics Program at BHU

Candidates should have completed their B.A. (Hons.), B.A., B.Sc. (Hons.), or B.Sc. under the 10+2+3 education pattern with a minimum aggregate score of 50%, considering all subjects studied at the B.A./B.Sc. level, except for subjects where pass marks are sufficient and don’t contribute to the final degree marks. Additionally, a strong understanding of Mathematics and Statistics is required for the M.A. Economics program.

No. of Seats for BHU MA Economics Program

The program has a total of 96 seats available.

Fees for BHU MA Economics Program

The annual fee for the program is 4120 INR.

Economics (COQP10) Syllabus for CUET PG 2024


Consumer Theory:

Demand, Utility, Indifference Curve, Revealed Preference Theory, Consumer Surplus. Production Theory: Production Function, Law of Variable Proportions, Returns to Scale, Cost Function.

Price and Output Determination in Markets:

Perfect and Imperfect Competition, Monopoly, Price Discrimination, Monopolistic, Duopoly, and Oligopoly models, General Equilibrium, Efficiency, and Welfare.


National Income Accounting. Income and Output Determination: Aggregate Demand and Aggregate Supply, Effective Demand Principle, Classical and Keynesian Theory.

Money and Inflation:

Demand and Supply of Money, Money Multiplier, Credit Creation, Role of Reserve Bank of India, Quantitative Theories of Money, Philip’s Curve, Monetary and Fiscal Policy of India.

Consumption and Investment Function:

Permanent, Relative, and Life Cycle Hypothesis, Multiplier and Accelerator.

Open Economy Models:

Mundell and Fleming Model, Balance of Payments, Exchange Rate Determination, Purchasing Power Parity.

Economic Growth:

Harrod-Domar Model, Solow Model.

Statistical Methods in Economics:

Mean, Mode, Median, Dispersion, Skewness, Quartile Deviation, Average Deviation, Standard Deviation. Correlation.

Mathematical Methods in Economics:

Sets and Vectors. Functions of one and several real variables, Single and Multi-variable optimization, Integration of functions.

Difference equations, Determinants, Matrix. Linear Programming, Probability, Differential Equations.

Indian Economy:

Overview of Colonial Economy: Macro Trends, Agriculture, Railways, and Industry, Economy and State in the Imperial Context.

New Economic Policy.

Public Economics: Public and Private Goods, Externalities, Budget, Deficits, Public Debt, Fiscal Federalism in India, Taxation.

International Trade Theories: Adam Smith, Ricardo, Heckscher-Ohlin model, and New Trade Theories.

A more detailed syllabus has been included in our Blogs.

CUET PG Entrance Exam Paper Pattern

The CUET 2024 paper pattern is as follows:

There will be one Question Paper with a total of 100 questions. All questions are compulsory. The Question Paper will consist of two Parts: Part A and Part B. Part A will contain 25 questions covering Language Comprehension/Verbal Ability, General Awareness, Mathematical/Quantitative Ability, and Analytical Skills. Part B will consist of 75 questions based on Subject-Specific Knowledge.

CUET PG Entrance Exam Marking Scheme

Each question is worth 4 marks. If you answer a question correctly, you’ll get 4 marks. However, for each incorrect answer, 1 mark will be deducted. If you leave a question unanswered, you won’t receive any marks.

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