Preparing students for a variety of jobs
Economics (Honours) facilitates entry into a wide variety of careers. A Masters degree or an MBA after the undergraduate course enables one to get a highly paid job in the private sector, especially with MNCs and KPOs.
There are consultancy firms which absorb economics graduates as executive consultants, economists or economic advisors.
Students of economics are often found interested in pursuing Indian Administrative Service and other civil services.
There are research and teaching jobs also for those with a PhD in economics. One can also combine the undergraduate degree with LLB to seek lucrative careers in Corporate Law.
Economic journalism is another fascinating option for those who have a flair for writing. Then, there are think tanks like the Niti Ayog, Department of Industrial Policy and Promotion and Center for Policy Research which absorb economics graduates for analysis working on policy recommendations.
Those who like statistics, figures and analysis with number crunching can apply to firms for the position of a statistician. One can also become a professor at B-schools and universities and can take up teaching and research simultaneously.
A typical undergraduate and postgraduate economics course is loaded with subjects which demand high-level mathematical and statistical competencies.
A student of economics must note that there is no single way of learning the subject. There are several schools of thought that are used to study the subject.