“Economics are the method; the object is to change the heart and soul”.- ~Margaret Thatcher “Economics is a very dangerous science”. -~John Maynard Keynes The economy of India is a developing mixed economy. It is the world’s sixth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). The country ranks 141st in per capita GDP (nominal) with $1723 and 123rd in per capita GDP (PPP) with $6,616 as of 2016. After the 1991 economic liberalization, India achieved 6-7% average GDP growth annually. In FY 2015 and 2017 India’s economy became the world’s fastest growing major economy surpassing China. Economics is mainly concerned with the manufacture, supply and consumption of merchandise and services. Economics experts study about economic information and suggest theories in the concerned field. Those who wish to become economists can do any of the courses in economics. There are numerous UG and PG programs in the respective branch of Social Science. Various universities and institutions offer different courses in economics. Aspirants should have a minimum qualification of graduation in economics to attend the masters’ course.
|B.A. (hons.) Economics|
|Eligibility||10 + 2 or Equivalent|
|Entrance Exam||National Eligibility Test (NET), Jawaharlal Nehru University Entrance Exam, Madras School of Economics Entrance Exam|
|Specialization||Agricultural Economics, International Economics, Business Economics|
|Average Course Fee||INR 2.10 Lakh (Total Fees)|
|Goal||Statistical Assistant, Economics Teacher , Curriculum Developer, Data Analyst- Energy Economics|
Manmohan Singh is an Indian economist and politician who served as the Prime Minister of India from 2004 to 2014. The first Sikh in office, Singh was also the first prime minister since Jawaharlal Nehru to be re-elected after completing a full five-year term. Born in Gah (now in Punjab, Pakistan), Singh's family migrated to India during its partition in 1947. After obtaining his doctorate in economics from Oxford, Singh worked for the United Nations during 1966–69. He subsequently began his bureaucratic career when Lalit Narayan Mishra hired him as an advisor in the Ministry of Commerce and Industry. Over the 70s and 80s, Singh held several key posts in the Government of India, such as Chief Economic Advisor (1972–76), Reserve Bank governor (1982–85) and Planning Commission head (1985–87).