Master of Arts or M.A. in Econometrics is a two year postgraduate course with four semesters of study. Econometrics deals with the study of the application of statistical methods to economic data in order to give empirical content to economic relationships. Whereas Economics is a branch of social science deals with the study and analysis of how people use and react to resources, wealth, money, goods and services. It also analyzes and describes production, distribution, consumption of goods and services. Econometrics applies statistical and mathematical models to develop theories or test existing data in economics and to forecast future trends from existing past data. The program is designed to teach the quantitative economics, emphasizing theoretical, methodological and conceptual aspects of economic theory along with econometric applications to socially relevant economic issues and policies.
Main Subjects to Be Studied