Objectives:

• To use the micro model of market demand and supply to predict changes in price and output.

• To use macroeconomic models to explain the changes in output, employment, inflation, and growth.

• To describe the function of key economic institutions.

• To demonstrate mastery of an applied field of knowledge within the discipline of economics.

• To formulate researchable economics questions in an independent manner and to analyze information through the application of social science research methodologies.

• To develop research projects and contribute to research activities of a team.

• To disseminate results in a clear and coherent manner to other researchers, employers, coworkers, and to the general public.

Learning Outcomes:

The successful student of M.A. – Economics will demonstrate the ability to :

• Understand fundamental economic principles and be able to apply these ideas to analyze public policies, business practices, and real-world events.

• Understand at an advanced level about the complex economics mechanism that characterizes modern society.

• Analyse how markets for goods and services function and how income is generated and distributed.

• Analyze a problem and draw correct inferences using qualitative and/or quantitative analysis.

• Use microeconomic tools and concepts to address public policy issues such as competition, environmental protection, financial regulation, innovation and intellectual property, labor law, or taxation.

• Give insight into energy economics, competition policy, industrial economics, financial markets, environmental and resource economics, development economics and international trade and globalization

• Use of econometric and mathematical methods

• Apply mathematical methods, through modeling and largescale data analysis.

• Identify compile, interpret, and analyze quantitative economic data by expressing relationships between concepts through graphs, statistical or econometric analysis.

• Understand basic econometric modeling techniques.

• Develop and estimate economic models, test economic hypothesis, and perform basic forecasting tasks.

• Undertake applied work and research projects in economics

• Communicate effectively by presenting complex information in a clear and concise manner orally, on paper and using ICT.

• Demonstrate information technology skills, especially in the areas of information retrieval, literature searching and library databases.

• Acquire knowledge, skills and attitude to become more suitable for self employment and the emerging employment market.