Economics – Scope

  1. Higher Studies (Progression)

Economics is a very important discipline both for career as well as from job point of view. Its significance has great increased in recent years. Students have wider opportunities to pursue higher education after completing their degree course.

  • Economics graduate could pursue Law and become a corporate lawyer by doing LLB.
  • Economics along with a degree in MBA would provide a better position in the private sectors.
  • Economic journalism is another important avenue for the graduates.
  • Economic students can also pursue Ph.D after completing M.A. (Economics) to enter into the field of teaching in Colleges and Universities.
  1. Career Opportunities

The career prospects for Economics Graduates are many. Numerous fields are waiting for Economic Graduates both in Public as well as in the Private sectors. Meritorious students can get excellent placements in Government sectors like

  • Indian Economic Services (IES)
  • Indian Civil Services (IAS & IPS)
  • Reserve Bank of India (RBI)
  • National Sample Survey
  • Ministry of Economic Affairs
  • Planning Board
  • Planning Commission
  • National Council for Applied Economic Research
  • National Institute for Public Finance and Policy.

All these jobs have wonderful career options.

Apart from that, B.A. Economics graduates can appear for UPSC & TNPSC (Group I & II) categories of post.  Any candidate with 10th pass certificate and apply for Group IV and other services of TNPSC. 

Thus, no doubt the study of Economics provides ample opportunities for social prestige along with financial stability.