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Careers in Economics after +2 & Graduation

By Mr. Swaroop Singh, PGT ( Economics)

You may also be interested to study other Stubjects:

Bachelor Degrees in Economics

  • B.A. in Eco Hons.

  • B.Sc. In Eco Hons.

  • B.A. in Economics

  • B.Sc. In Economics

Eligibility 10+2 any stream a few colleges requires Maths /Statistics as a compulsory subject.

Top collages

  1. Shri Ram College of Commerce, Delhi

  2. H.R. College of commerce and Economics, Mumbai

  3. Thakur College of Science & Commerce, Mumbai

  4. Shantiniketan Group of Colleges, Bangalore

  5. Smt. M.M.K College of Commerce and Economics, Mumbai

  6. SIES (Nerul) College of Arts, Science & Commerce, Navi Mumbai

  7. K. J. Somaiya College of Arts and Commerce, Mumbai

  8. . Academic Staff College, Thiruvanantha

Research Economists

  • Develop mathematical models to explain and interpret business cycles, inflation, effects of tax policies or unemployment

  • Use Mathematics and Statistics to the theory and principles of Economics

  • Apply Econometrics for analysis and prediction of all economic activity.

Industrial Economists

  • Industrial Economists: They study the organizational structure of a company or a business to maximise the use of assets to increase the profits. Apart from this, they also investigate the methods of costs, analyse market trends, study demand and supply in relation to industrial policies.

  • Studies the organizational structures of business to make maximum use of assets.

  • Investigate methods of financing, production costs, techniques of marketing policies for possible improvements.

  • Analyze market trends to relate production for future consumption and interpret effects of governments regulations and legal restrictions on industrial policies.

International Economists

  • International Economists: They study, collect, and analyze the data related to foreign trade and how can it be profitable for the home country. They work and establish international trade policies, exchange control and operation of foreign exchange. He/She also analyse global financial markets and exchange rates,

  • Collect and analyze statistical data and other information on foreign trade for favourable trade balances.

  • Establish acceptable international trade policies, exchange controls and operation of foreign exchanges.

  • Study, implementation and formulation of policies on investments (FDI & FII), and transfer of capital on the international scene.

​Financial Economists

  • Financial Economists: Their job role is to develop monetary policies, predict future financial activity. The financial economist also studies banking methods, credit structures etc.

  • Develop monetary policies and predict financial activity

  • Examine credit structures (Loan) and collection, banking methods and procedures to devise techniques for regulation of lending, fixing interest and discount rates (future cash flow from a project)

Business Economists

Business Economists: They are economists who work as the company’s administrators. They make decisions about company policies, plan future business activities in relation to general business conditions, national and international trade policies, governmental regulations and directives.

Labour Economists

  • Labour Economists: They study the supply of workers and the demand for labour by employers. They also study and research on employment levels and how wages are set. They also analyze the effects of labour-related policies—such as minimum wage laws—and institutions, such as unions.

  • Study labour trends and policies

  • Handle labour disputes, unions, industrial policies of management

  • Work as advisors to government or industry.

​Agricultural Economists

  • Agricultural Economists

  • Study economic aspects of agricultural problems in order to increase efficiency of farm management, improve farm income and effect favourable agricultural legislation (abolition of zamindari system)

  • Forecast production and consumption of agricultural products.

  • Locate optimum markets and deal with agricultural financing.(NABARD)

Career In Statistics

Bachelor Courses:

  • Bachelor of Arts (BA) in Statistics

  • Bachelor of Science(Hons) in Statistics

  • Master Courses

  • Master of Arts in Statistics

  • Master of Science(Hons) in Statistics

Top colleges

  • Indian Statistical Institute, New Delhi

  • Indian Statistical Institute, Bangalore

  • Indian Statistical Institute, Kolkata

  • Xavier’s College, Ahmadabad

  • Delhi University, New Delhi

  • Devi Ahilya Vishwavidyalaya: School of Statistics, Indore

  • Banaras Hindu university: Department of Statistics and Operations Research, Banaras.

  • Aligarh Muslim University: Department of Statistics and Operations Research, Aligarh.

Career Options

  • With a degree in Statistics you can work in various fields such as, Sports, Agriculture, Computer Science Animal Population, Health Science, MNCs, Census, automobile, pharmaceutical computer software companies, etc.

  • Statistics include the field of marketing, economics, biology, medicines and many others. Statistics is a branch of Mathematics.

You may also be interested to study other Subjects:

Careers in Maths

Careers in Physics

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