IGNOU M.A. Economics Syllabus English Hindi | M.A. Eco Sample Paper PDF Download


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IGNOU M.A. Economics Syllabus PDF Download

First Year

Course CodeNameNo. Of Periods
MEC-001Micro Economic Analysis6
MEC-002Macro Economic Analysis6
MEC-003Quantitative Methods for Economic Analysis6
MEC-004Economics of Growth and Development6
MEC-005Indian Economic Policy6

As you can see that here are only five subject in the first year of M.A. Economics and the passing marks in each of the subject is 33 marks. The main thing which you need to keep in mind is the subject code because the answer sheets will only be recognise when there will be code on it. If you want the detailed syllabus then you can check it in the artucele below.

M.A. First Year Detailed Syllabus

Here below you can get the each and every topic which you need to cover in the exam in order to pass the semester.

Micro Economic Analysis

Consumer Behavior

  • Unit 1: Theory of Consumer Behavior: Basic Themes
  • Unit 2: Theory of Demand : An Alternative Approaches
  • Unit 3: Recent Developments of Demand Theory

Producer Behavior

  • Unit 4: Theory of Production
  • Unit 5: Theory of Cost
  • Unit 6: Production Economics

Price and Output Determination – I

  • Unit 7: Perfect Competition
  • Unit 8: Monopoly
  • Unit 9: Monopolistic Competition

Price and Output Determination-II

  • Unit 10: Non-Collusive Oligopoly
  • Unit 11: Collusive Oligopoly
  • Unit 12: Alternative Theory of Firm-I
  • Unit 13: Alternative Theory of Firm-II

Welfare Economics

  • Unit 14: Pigovian vs. Paretain Approach
  • Unit 15: Social Welfare Function
  • Unit 16: Imperfect Market, Externality and Public Goods
  • Unit 17: Social Choice and Welfare

General Equilibrium

  • Unit 18: Partial and General Equilibrium Approaches
  • Unit 19: Production without Consumption

Economics of Uncertainty

  • Unit 20: Choice in Uncertain Situations
  • Unit 21: Insurance Choice and Risk
  • Unit 22: Economics of Information
Quantitative Methods for Economic Analysis

Introduction to Differential Calculus

  • Unit 1: Functions, Limit and Continuity
  • Unit 2: Differential Calculus
  • Unit 3: Partial Differentiation

Extreme Values and Optimisation

  • Unit 4: Maxima and Minima
  • Unit 5: Unconstrained Optimisation
  • Unit 6: Constrained Optimisation

Integral Calculus and Economic Dynamics

  • Unit 7: Integration and Applications of Economic Dynamics
    Unit 8: Differences Equations and Economic Dynamics

Linear Algebra and Economics Application

  • Unit 9: Vectors and Matrices
  • Unit 10: Linear Algebra
  • Unit 11: Input-Output Analysis
  • Unit 12: Linear Programming

Statistical Methods – I

  • Unit 13: Descriptive Statistics and Data Presentation
  • Unit 14: Correlation and Regression
  • Unit 15: Probability Theory
  • Unit 16: Probability Distributions

Statistical Methods – II

  • Unit 17: Sampling Theory
  • Unit 18: Sampling Distribution
  • Unit 19: Statistical Inference
Macro Economic Analysis

Traditional Approaches to Macroeconomics

  • Unit 1: Classical and Keynesian Approaches
  • Unit 2: Neoclassical Synthesis

Economic Growth

  • Unit 3: The Solow Model
  • Unit 4: Endogenous Growth Model

Rational Expectations

  • Unit 5: Rational Expectations and Economic Theory
  • Unit 6: Policy-Making under Uncertainly


  • Unit 7: Traditional Theories
  • Unit 8: Search Theory and Unemployment
  • Unit 9: Nominal and Real Rigidities
  • Unit 10: New-Keynesian Theories of Unemployment

Open-Economy Macro-Modelling

  • Unit 11: Flexible Exchange-Rate System
  • Unit 12: Fixed-Exchange Rate System
  • Unit 13: Sluggish Price Adjustment
Economics of Growth and Development

Economic Growth Models – I

  • Unit 1: Introduction to Economic Growth
  • Unit 2: Harrod Domar Growth Model
  • Unit 3: Neo-classical Growth Models

Economic Growth Models – II

  • Unit 4: Growth and Distribution
  • Unit 5: Total Factor Productivity and Growth Accounting
  • Unit 6: Technological Change and Progress

Economic Growth Model-III

  • Unit 7: Models of Optimal Economic Growth
  • Unit 8: Multi-Sector Models of Growth
  • Unit 9: Endogenous Growth Models
  • Unit 10: Stochastic Growth Models

Social and Institutional Aspects of Development

  • Unit 11: Development and Underdevelopment
  • Unit 12: Measurement and Indicators of Development
  • Unit 13: Population and Development
  • Unit 14: Economic Development and Institutions
  • Unit 15: Market Incompleteness and Informal Institutions in the Rural Economy
Indian Economic Policy

Framework on Indian Economy

  • Unit 1: Economic Policy: An Introduction
  • Unit 2: Trend and Structure of National Income
  • Unit 3: Demographic Features and Indicators of Development
  • Unit 4: Poverty and Inequality: Policy Implications
  • Unit 5: Employment and Unemployment: Policy Implications

Sectoral Performance I

  • Unit 6: Agriculture : Growth, Productivity Trends and Crop Patterns
  • Unit 7: Issues and Concerns in Indian Agriculture
  • Unit 8: Industrial Sector in Pre-reform Period
  • Unit 9: Industrial Sector in Post-reform Period

Sectoral Performance II

  • Unit 10: Infrastructure
  • Unit 11: Indian Financial System: Money Market and Monetary Policy
  • Unit 12: Capital Market in India and Working of SEBI

Sectoral Performance III

  • Unit 13: Foreign Trade and Balance of Payment
  • Unit 14: India and International Institutions
  • Unit 15: Multinational Corporations and Foreign Capital
  • Unit 16: Government Finance : Union and States
  • Unit 17: Fiscal Federalism in India

Governance of the Economy

  • Unit 21: Implementation of Economic Policies and Parallel Economy
  • Unit 22: Role of Bureaucracy & Delivery Mechanism in Implementation of Economic Policies
  • Unit 23: Implementation of Economic Policies: Role of Panchayat and Pressure Groups

Second Year

Once you passed the first year you will be studying for the second year this year you need to make various project on the various topics and it is treated as the subject which holds 60 marks and you need to pass separately in that.

Course CodeNameNo. Of Periods
MEC-006Public Economics6
MEC-007International Trade and Finance6
MEC-008Economics of Social Sector and Environment6
MEC 009Research Methods in Economics6
MECP001Project Work – MECP-0016
MECE001Econometric Methods6
MECE003Actuarial Economics: Theory and Practice6
MECE004Financial Institutions and Markets6
MECE002Computer Applications in Economic Analysis6

To clear the second year of M.A. economics you need to clear the 9 subject but their are some project work in this semester or year. The details for how to make the project you will be getting later

Detailed Syllabus for the MA Eco Second Year

If you make your way to the second year then you need to practice and work hard because the course is lengthy. Here below you can get the each and every topic which you need to cover in the exam in order to pass the semester.

Public Economics

Public Economics: Basic Concepts

  • Unit 1: Welfare Foundations of Economic Policies
  • Unit 2: Theory of Market Failure
  • Unit 3: Voting and Local Public Goods

Social Choice and Collective Decision Making

  • Unit 4: Arrow’s Impossibility Theorem: Social Choice and Individual Values
  • Unit 5: Normative Models: Equity and Justice
  • Unit 6: Spatial Voting Models

Public Policy: Mechanisms Design, Agenda Setting and Information

  • Unit 7: The Basics of Public Policy
  • Unit 8: Mechanism Design
  • Unit 9: International Policy Coordination

Economics of Taxation

  • Unit 10: Commodity Taxes
  • Unit 11: Direct Taxes
  • Unit 12: Introduction to Optimal Taxation

Public Debt

  • Unit 13: Theory of Public Debt
  • Unit 14: Source of Public Debt
  • Unit 15: Management of Public Debt

International Trade and Finance

International Trade Theory

  • Unit 1: Free Trade Theory
  • Unit 2: Alternative Explanations of Trade
  • Unit 3: Gains from Free Trade and Welfare

Trade Policy

  • Unit 4: Theories of Protectionism
  • Unit 5: Role of WTO in Trade Policy

Balance of Payments, BoP Adjustments, Exchange Rates

  • Unit 7: Balance of Payments: Introduction
  • Unit 8: International Monetary Systems and Exchange Rate Regimes
  • Unit 9: International Financial Institutions
  • Unit 10: International Debt and the Role of Financial Insitutions

Globalisation, Trade and Developing Countries

  • Unit 11: Trade and Development
  • Unit 12: Issues Related to Trade in Primary Commodities
  • Unit 13: Issues on Trade in Services (GATS)
  • Unit 14: Trade Negotiations under the WTO: A Historical View

International Trade and Payments in India

  • Unit 15: India’s Trade Policy: Historical Perspective and Recent Developments
  • Unit 16: India’s Balance of Payments
  • Unit 17: Trade and Development in India

Economics of Social Sector and Environment

Society and Economic Development: Some Hard Facts

  • Unit 1: Inequality and Development: Concepts and Measurement
  • Unit 2: Inequality and Poverty
  • Unit 3: Natural Resources and Development

Society Beyond Market

  • Unit 4: Market Failure and its Sources
  • Unit 5: Government Regulation in the Economy
  • Unit 6: Institutional Economics

Sustainable Development and Environment

  • Unit 7: Green Accounting
  • Unit 8: Valuation of Environment

Economics of Education

  • Unit 9: Education and Economic Development
  • Unit 10: Demand and Supply considerations of Education
  • Unit 11: Educational Planning and Economic Growth
  • Unit 12: Educational Financing
Research Methods in Economics

Research Methodology: Issues and Perspectives

  • Unit 1: Positivist View on Nature of Science
  • Unit 2: Post Positivist View on Nature of Science
  • Unit 3: Models of Scientific Explanation
  • Unit 4: Debates on Models of Explanation in Economics

Methods and Design of Research

  • Unit 5: Research Methodology: Conceptual Foundations
  • Unit 6: Data Collection: Census and Survey Methods
  • Unit 7: Sampling Design

Quantitative Methods-I

  • Unit 8: Correlation and Regression Analysis
  • Unit 9: Two Variable Regression Models
  • Unit 10: Multiple Regression Model

Quantitative Methods-II

  • Unit 11: Measures of Inequality
  • Unit 12: Time Series Analysis
  • Unit 13: Index Numbers

Qualitative Methods

  • Unit 14: Qualitative Research and Techniques
  • Unit 15: Qualitative Data: Formatting and Processing
  • Unit 16: Analysis and Presentation of Qualitative Data
  • Unit 17: Application of RRA/PRA Approaches: A Case Study of Improved Health
Project Work – MECP-001

In this programme the student has a choice between MEC-009: Research Methods in Economics and MECP-001: Project Work. While evaluation for MEC-009 is on the basis of assignment sand TEE that for MECP-001 is based on submission of a Project Report and viva voce examination.

Econometric Methods
  • Basic Econometric Theory
  • Treatment of Violations of Basic Assumptions
  • Multicollinearity
  • Extensions of Regression Models
  • Simultaneous Equation Models
  • Multivariate Analysis
Actuarial Economics: Theory and Practice
  • Quantitative Techniques for Risk Analysis
  • Actuarial Techniques I
  • Actuarial Modelling I
  • Actuarial Techniques II
  • Actuarial Modelling II
  • Non-Life Reserving and Accounts
  • Introduction to Regulation of Insurance
Financial Institutions and Markets
  • Nature and Role of Financial System
  • Financial Markets
  • Financial Institutions
  • The Financial Sector and Monetary Policy
  • International Financial Markets

This is the syllabus which you will be having in your post graduation course of M.A. Economics. We like to inform you that you need to practice very hard for the exam as the syllabus is lengthy and the exams are very tricky. So keep in touch for the further information. We hope that the information we shred here is very useful for you if you have any queries related to the article then you must comment in the comment box.


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