Reasons to Pursue a Career in Economics

According to George Bernard Shaw, “If all the economists are laid end to end, they would never reach a conclusion”.

The scope of Economics is so vast that limited definitions and concepts don’t bound it. According to George Bernard Shaw, “If all the economists are laid end to end, they would never reach a conclusion”. Economics is no way less than science as it involves mathematical applications in the derivation of growth of the modern economy. Economics plays a significant role in calculating Per Capita Income (PCI). It is a subject which not only deals with commerce but also humanities, social science, psychology and philosophy.

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Economics is considered as an evergreen subject, and the scope of it has increased due to Liberalisation, Privatisation and Globalisation (LPG) in the year 1990. Adam Smith, the father of Economics, paved the way for the sophisticated modern world of 21 ^st century. The demand for graduates and post graduates of Economics has been on the rise not only in India but also across various nations of the world.

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Eligibility to Pursue a Course in Economics:-

The candidates must have passed +2 with Economics as one of the subjects of study
The candidates who have a graduate degree in Economics can pursue Masters in Economics.
After the post-graduation, the candidates can even opt for research programmes.

Career Prospects:-

The employment opportunities for Economics graduates have increased beyond one’s imagination. There are various job opportunities in public and private sectors with benefits such as perks, incentives and high packages. After completion of graduation, if the candidates wish to go in companies of the public sector, Reserve Bank of India (RBI) and other PSUs offer vast employment opportunities. Similarly, candidates can also seek jobs in the private sector like in Commercial Banks and Multi National Banks, Marketing Segments in various companies, BPOs and KPOs.

Top Institutes in India Offering Courses in Economics:-

Also, Reserve Bank of India conducts examination every year for the appointment of Grade ‘B’ officers. Various international organisations like International Monetary Fund (IMF), World Bank, NABARD, Asian Development Bank, World Economic Forum, International Labour Organisation (ILO) and others recruit Economics graduates and postgraduates for various positions and PhD graduates for prestigious high-level positions.

Sincere efforts and dedication will surely help one achieve success in this field. The students who are pursuing/going to pursue a course in Economics must always try to enhance their knowledge on various current issues related to the economies of different countries. This knowledge will also help them in qualifying Civil Services Examination.

CollegeDekho wishes ‘Good Luck’ to all the aspirants of Economics.

Am I eligible for the Pilot Training course if I belong to the Arts background?

-Prem chandUpdated on June 01, 2026 11:04 PM

1 Answer

Abhik Das, Student / Alumni

Dear questioner, to apply for the Pilot Training programme, the candidates must be from the Science stream. In addition to the educational qualifications, the candidates must pass various other medical and fitness tests to enrol themselves in the pilot training course.

There are so many courses available for you dear questioner right now with your academic background. Given below is the link to our detailed article mentioning some of the most suitable courses available for the +2 arts stream candidates along with their career scopes and salary expectations -

Top courses after 12th Arts - Exams, Colleges, Career Options

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Is direct admission available at Miranda House, University of Delhi?

-RIMAL JEETUpdated on May 11, 2026 12:18 PM

4 Answers

Pooja, Student / Alumni

Direct admission at Miranda House is generally not available for most undergraduate programmes, as admissions are usually conducted through the centralized admission process of University of Delhi based on entrance criteria and merit requirements. Students looking for more flexible admission opportunities, modern infrastructure, practical exposure, and industry-oriented learning often also explore universities like Lovely Professional University. LPU offers admissions through LPUNEST and provides a wide range of programmes across engineering, management, design, agriculture, law, and many other fields along with scholarship opportunities. The last date to apply is 15 May 2026.

Can I get admission in MCA with TANCET score at Pondicherry University?

-Shree karunyaUpdated on May 26, 2026 01:46 PM

2 Answers

ankita, Student / Alumni

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