Indira Gandhi Institute of Development Research ( Through CUET PG )
This two-year program provides intensive training in Economics, focusing on analytical skills, problem-solving, and exposure to current policy issues, both nationally and internationally. Students must complete 16 courses or 15 courses along with a Master’s thesis. It’s designed for those with the right quantitative background seeking a solid foundation in economic analysis.
Admission Procedure for IGIDR MSc Economics
Admission to the MSc programs at the Institute is through CUET PG Economics Entrance Test
Eligibility Criteria for MSc in Economics IGIDR
To be eligible for the MSc in Economics at IGIDR, you need one of the following degrees or their equivalents:
B.A./B.Sc. in Economics (55% for GEN / 50% for SC/ST/PwD)
B.Com (60%/55%) B.Stat.(60%/55%)
B.Sc. (Physics or Mathematics)(60%/55%)
B.Tech.(60%/55%)
B.E.(60%/55%)
For the Economics discipline, a minimum second division is required, while other disciplines need at least a first division. Additionally, you must have studied mathematics at the higher secondary or higher level.
No. of Seats for MSc in Economics
There are a total of 50 seats available for MSc in Economics students
Fees for MSc in Economics IGIDR
The course fee for M.Sc. students is Rs.16,000 per semester. Residential accommodation is available, with a hostel fee of Rs.200 per month and additional charges for water and electricity based on actual usage. Please note that the tuition fee may be subject to revision periodically.
Economics (COQP10) Syllabus for CUET PG 2024
Microeconomics
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.
Macroeconomics:
National Income Accounting. Income and Output Determination: Aggregate Demand and Aggregate Supply, Effective Demand Principle, Classical and Keynesian Theory.
Money and Inflation:
Supply and Demand 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 and Marking Scheme
1.This paper contains One Section. It contains Domain Specific area comprising of 75 MCQs
2.Total No of Questions- 75
3.Marking Scheme:
4 marks will be awarded for each correct response.
1 mark will be deducted for each incorrect response.
Total Time Allotted : 105 Minutes
Placements after MSc in Economics from IGIDR
Recent companies that have hired graduates from IGIDR include Accenture, American Express, Citicorp Services India Pvt. Ltd., CRISIL, Deloitte, FPL Technologies, ICICI Bank, IDFC First, JPMC, KPMG Advisory Services Pvt Ltd., Pricewaterhouse Coopers Pvt. Ltd. (PwC), and UBS Business Solutions (India) Pvt. Ltd.
