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Master of Arts (Economics)
Build Expertise in Economic Theories and Practices with a Globally Recognized MA Degree
The Master of Arts (Economics) program offered by IGNOU through ECISME is designed for individuals aiming to build deep expertise in economic theory, quantitative tools, and policy analysis. This program combines theoretical frameworks with practical insights to help learners tackle real-world economic challenges. Ideal for working professionals and recent graduates alike, this postgraduate degree prepares students for both academic and applied roles in economics.
Studying through ECISME ensures that learners in the UAE benefit from IGNOU’s internationally recognized curriculum, while enjoying the flexibility of hybrid learning, affordable tuition plans, and local academic support tailored to regional needs.
Type
Degree
Start Date
Mar 31, 2025
Duration
2 Year

Key Program Highlights
- Degree awarded by IGNOU, a globally recognized open university
- Comprehensive focus on micro, macro, and applied economics
- Flexible hybrid learning (online + on-campus in the UAE)
- Access to real-time support through ECISME’s UAE academic center
- Affordable tuition with scholarships and EMI options
- Curriculum aligned with global economic trends and challenges
- Suitable for both early-career professionals and aspiring economists

Eligibility Criteria
- Academic Requirement: Bachelor's Degree from a recognized university
- Language: Hindi, English
- Work Experience: Preferable but not mandatory
ECISME Syllabus
Curriculum Overview
Core Courses
- Microeconomic Analysis: In-depth study of consumer behavior, market structures, and price mechanisms.
- Macroeconomic Analysis: Exploration of national income, inflation, unemployment, and monetary and fiscal policy.
- Indian Economic Policy: Critical analysis of post-independence Indian economic development, policy reforms, and sectoral performance.
- Quantitative Methods for Economic Analysis: Statistical tools, econometrics, and mathematical models applied to economics.
- Indian Economic Policy: Critical analysis of post-independence Indian economic development, policy reforms, and sectoral performance.
Elective Courses
- Public Economics: Study of government revenue, expenditure, and fiscal policy impacts.
- International Trade and Finance: Examination of trade theories, global markets, balance of payments, and exchange rates.
- Economics of Growth and Development: Focus on developmental theories, global disparities, and strategies for inclusive growth.
- Environmental Economics: Analysis of environmental issues through economic lenses, including resource allocation and policy frameworks.
- Demography: Study of population trends, fertility, mortality, migration, and demographic transitions.
- Agricultural Economics: Sectoral challenges, food policy, and rural development in agrarian economies.
- Industrial Economics: Market structures, firm behavior, and regulatory environments within industrial sectors.
- Labour Economics: Employment patterns, wage determination, labor markets, and labor policies.
- Financial Institutions and Markets: Functioning of banks, financial markets, and monetary institutions.
- Research Methods in Economics: Techniques for economic research, including survey design and data analysis.
- Comparative Economic Development: Cross-national study of economic growth and development paths.
- Project Work: Application of research skills in a supervised academic or industry-based project.
ECISME Opportunities
Career Opportunities After MA in Economics
- Economist or Economic Analyst (Govt. and Private Sectors)
- Researcher or Data Analyst in Think Tanks and NGOs
- Academic and Teaching Roles in Universities
- Banking and Financial Services Analyst
- Policy Advisor or Public Sector Consultant
- Market Researcher and Economic Journalist
- Merit-based and need-based scholarships for eligible students
- Zero-interest installment payment options
- Personalized financial guidance through ECISME’s support desk
- Proficiency in economic theories, models, and critical thinking
- Analytical skills in quantitative and qualitative economic data
- Policy evaluation and impact assessment capabilities
- Research and academic writing competence
- Deep understanding of global and Indian economic systems
- Communication and presentation skills tailored for economists
Benefits of Studying MA in Economics with ECISME
- Local UAE-based academic and logistical support
- Regular assignment and exam preparation sessions
- Digital access to IGNOU materials and economic databases
- Flexible exam centers and scheduling options
- Affordable tuition with transparent fee structure
- Recognition across institutions and employers worldwide

ECISME Asked
Frequently Asked Questions (FAQs)
Is this degree equivalent to other full-time MA programs in Economics?
Yes, it is UGC-approved and holds the same value as other postgraduate economics programs.
Do I need a background in Economics to apply?
A bachelor’s degree in any discipline is accepted, though prior exposure to economics is beneficial.
Can I manage the course alongside a full-time job?
Yes, the hybrid model is designed for working professionals.
Are study materials and lectures provided digitally?
Yes, students receive full digital access to lectures, readings, and recorded sessions.
How is the project work evaluated?
Students submit a research-based project which is evaluated by IGNOU’s academic panel.
Where are exams conducted in the UAE?
Exams are facilitated through ECISME’s authorized IGNOU centers.
Is there a placement or internship option?
While direct placement isn’t guaranteed, ECISME supports students with career guidance and networking.
Can I pursue a PhD after this MA?
Yes, this degree qualifies you for M.Phil. and PhD programs in India and abroad.