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Ph.D. in Economics

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Ph.D.
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Ph.D. in Economics

Admission Procedure

Merit prepared on basis of the qualifying exam

Provisional Admission

Master’s Degree in Relevant Discipline with 55% or 6.0 CGPA. GATE or CSIR UGC NET Qualified are exempted from written examination and directly eligible for Interview.

facilities Scheme of Teaching and Evaluation

About The Program

The Economics program was introduced by the Department of Humanities & Social Sciences at Graphic Era Deemed to be University in 2016 with an undergraduate course.

The Masters and PhD program blends economic theory with practical applications.The program engages in collaborative activities that stimulate creative solutions to economic problems and to make decisions in real life scenarios. The Program is offering comprehensive coverage of the major fields in modern and sustainable economics.

Our goal is to make students active participants in the learning process. Internships both on and off campus are another way to acquire practical experiences. In addition, the department also recognizes the importance of conducting professionally relevant service activities for the university at the local, state and national levels. The faculty shall make every effort to create an intellectual environment in which a researcher has theconfidence and freedom to challenge and accept critical positions and methodologies.

Eligibility

Master’s Degree in Relevant Discipline with 55% or 6.0 CGPA. GATE or CSIR UGC NET Qualified are exempted from written examination and directly eligible for Interview.

Teaching Pedagogies

The main aim of the the course is to emphasis on research integrated learning and to develop analytical and critical thinking among students . Following approaches are used

  • Case Studies: Students engage with real-world economic scenarios and policy challenges, analyzing real time situations to understand how economic theory operates in practice. 
  • Blended and digital learning: Integrating emerging technologies such SPSS, Stata E-views, EXCEL, Big Data & R for data driven economic researches.
  • Experiential learning: Learning by doing, Project based learning, students apply economic concepts, quantitative tools, and research methodologies to investigate the root causes of real-world economic problems and propose evidence-based solutions.
  • Interdisciplinary Approach: To understand various social, political and philosophical perspective to bring out sustainable solutions to real world issues.

Specializations

Ph.D in Economics offers diverse specializations in areas such as:

  • AgicultureEconomics
  • Health Economics
  • Tourism
  • Sustainable Rural livelihood

Program Educational Objectives (PEOs)

PEO1

Strong Economics Foundation

To enable the students to understand and use economic concepts, theories, models, and data analytic techniques to enhance their analytical and creative skills.

PEO2

Community Engagement and Socio-Economic Impact

To enable students to critically evaluate economic theories and to solve dynamic socioeconomic problems at local and global levels and to engage with community to understand real life situations.

PEO3

Research-Oriented Learning

To develop critical and thinking skills regarding current national & international policies and economic issues and to engage in policy debates effectively.

PEO4

Lifelong Learningand Ethical Values

To enhance their proficiency in the development of Analytical thinking, creativity and undertake original research to participate effectively in project with various teamswith etical consideration.

Program Outcomes (POs)

PO1

Critical Thinking

To engage in critical thinking using quantitative and qualitative methods to enhance analytical ability to evaluate the operations of households, businesses, and government.

PO2

Effective Communication

To develop competence in written and oral communication and actively engage in explaining economic findings, complex data, and policy debates.

PO3

Social Interaction

To develop the ability to recognize the diversity of social norms, values, and socio-economic factors and their impact on economic behaviour.

PO4

Effective Citizenship

Demonstrate empathetic social concern and equity to understand policy implications and provide informed economic policy recommendations, enabling active participation in civic life through volunteering.

PO5

Ethics

To demonstrate an understanding of ethical considerations in economic decision-making, including issues related to social justice, equity, and human welfare.

PO6

Environment and Sustainability

To develop a better understanding of economic policies and practices from sustainability perspectives, considering long-term environmental impacts and intergenerational equity.

PO7

Self-directed and Life-long Learning

To enable students to leverage their expertise and experience to pursue opportunities that contribute to scholarly knowledge and adapt their thinking based on new insights and developments.

Program Specific Outcomes (PSOs)

PSO 1:

Area Specific Content

To enable the students with a comprehensive understanding of economic theories,principles and methodologies.

PSO 2:

Analytical Skills and Decision making

To enable the students to analyze the economic behaviour of individuals, firms and marketswhile making decisions.

PSO 3:

Social Economic Analysis and Community Engagement.

To develop the skills to evaluate the plausibility of an economic argument using empirical tools and address real socio-economic issues.

PSO 4:

Employabililty and Professional Development.

To develop professional skills to apply economic concepts in their professional settings and work effectively with diverse teams.

Career Prospects

Ph.D. opens avenues for doctorates in the following fields :

  • University Professor
  • Researcher / Research Officer in Academic Institutions, Think Tanks, Government Agencies, International Agencies such as IMF, UNDP, NITI AAYOG
  • Chief Economist / Economist: Leading Economic Planning and Policies in Government, IMF, ADB
  • Economic Advisor in Banks, Think Tanks, Private Corporations, Government Organizations, Financial Institutions
  • Data Scientist / Analyst

Notes: Semester 1 and 2 are applicable only for regular entry students. Lateral entry students begin from Semester 3.

Frequently Asked Questions

A Master’s degree in a relevant discipline with 55% marks or 6.0 CGPA. Candidates who have qualified GATE or CSIR-UGC NET are exempted from the written examination and are directly eligible for the interview.

Key areas include Microeconomics, Macroeconomics, Research Methodology, Indian Economy, Economics of Growth and Development, and Statistical Techniques.

Focus on key Classical, Neoclassical, and Modern thinkers such as Adam Smith, Ricardo, Marshall, Pigou, Keynes, Solow, Samuelson, along with Nurkse, Krugman, and Friedman.

Some of the best books include Principles of Economics by Gregory N. Mankiw, Advanced Economic Theory by H.L. Ahuja, Indian Economy by Ramesh Singh, and Statistics by A. Chiang.

Doctorates in Economics can appear for various competitive exams for Civil Services, Research Officer positions, and Banking Services. They can also work as Financial Consultants or pursue Postdoctoral research in Economics or Applied Economics.

Yes, Economics is an important subject for the UPSC Civil Services examination.

It provides insights to analyze issues such as sustainability, globalization, the international economy, inflation, poverty, and inequality.

Yes, the Ph.D. in Economics program includes field visits to collect information regarding socio-economic studies, helping students apply theoretical knowledge to real-life situations.

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