Careers

In
Economics
Introduction
Job Prospects
Remuneration
Institutes

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Introduction

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Economics is the branch of social science

that deals with the study of production,
distribution and consumption of goods and
services. In other words, it is the study of
how the forces of supply and demand
allocate
scarce
resources.
The
term
economics comes from the Greek words,
oikos (house) and nomos (custom or law),
hence 'rules of the house (hold)'. Economics
play an important role in all aspects of our
life whether it is social, political or economic
as well as day to day matters. It is based on
this pillar that the progress of a country

Job Prospects

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Globalisation and economic liberalisation has

widened the job prospects of economists in
business, education, government and non- profit
sector. Well-trained economists are in huge
demand across industries, not only at the
national but at the international level as well.
Opportunities for economics academicians are
available in finance sector, urban and rural
development, foreign trade, colleges and
universities, government service etc. Planning
commissions, management consultants and
organizations associated with data collection and
interpretations recruit economics graduates at
lucrative terms. Economics professionals are
employed
as
economic
analyst,
finance

Remunerationwww.entranzz.com

The average salary for an Economic Analyst

is Rs 409,756 per year.

Institutes

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Madras School of Economics,Chennai , Tamil

Nadu.
Indian Institute of Economics,Hyderabad ,
Andhra Pradesh.
Institute of Home Economics,New Delhi ,
Delhi NCR.
Amity School of Economics,Noida , Delhi
NCR.