Economics deals with the theory and practice of meeting unlimited human needs through organized provision of limited natural resources. Economists speak of the problem of production, management and distribution of the output and related services, they analyzed and interpret the economic changes and apply their knowledge of economics to derive solutions to financial problems facing the economy.
Economists may be of the two basic types. Those involved with the theoretical aspect of all that they study and those who try and look at the practical aspects of an economic model. Their job is to analyze and interpret the economic changes and provide valuable database for national planners.
Economists may be classified onto several types. Main classifications are:
Agricultural Economist: Studies problems concerning the optional exploitation of natural resources, land reforms and legislation facility etc. and maintain statistical agricultural production data and forecast production and need of the agricultural produce.
The Financial Economists: Investigates trends in price variation and monetary remedial measures. He studies the impact of Taxes on the growth of the country, and examines the value of currency, exchange trends and the functioning of the banking and so on.
The International Economists: Specializes in the economics of the international business. He collects and maintains statistical data and keeps in touch with latest trends in the world market. He provides the know-how of the profitability of trade for commodities with an international market.
The Labour Economists: Is concerned with labour problems of the country, the demand and supply of the labour force and labour legislation. He prepares profiles of employment opportunities, wages and income policies.
The Industrial Economists: Is an asset for both the industry and its employees. His work involves finding ways to promote sales and to make working conditions favorable for the worker. He studies market trends, conducts research in selling methods and suggests ways of boosting sales. He is also responsible for framing welfare policies for the labour force.
Job Opportunities:
Agricultural Research Bodies, Census Organizations, Columnist in Economic Journals, Commercial Editorial Positions, Development and Cooperative Banks, Business Houses, Economic Journals and News Papers, Export promotion Councils, Economic Analysis and Statistician, Investment Boards, Insurance Corporation, Labour Commissioner’s Offices, Labour Institutes, Labour Tribunals and Research Institutes, Planning Boards, Research Offices, Statistical Offices, The Institute of Population Studies, The Bureau of Statistics and Economics, The Indian Statistical Service, IES ( Indian Economic Services), CSO (Central Statistical organization)
Institutions offering Economics Courses:
Mumbai University, Kalina, Santacruz
PG. Prog. Ph.D.
2 Years, MA, MSc
Indira Gandhi Inst. Of Devp. Research, Goregaon, Mumbai
Adv. Research (Eco)
M.A. MBA MMS BA (Eco) 60% + Written Test
Delhi Schools of Eco, Univ of Delhi, Delhi -07
PG /Research
2 Years, Post Graduate
Jawaharlal Nehru University, New Delhi-67
Research in World Eco
2 Years, Post Graduate
Indian Statistical Institute, Kolkata-35
Ph.D. Quantitative Eco
2 Years, Post Graduate
Gokhale Institute of Economics, Deccan Gymkhana, Pune
Ph.D
Post Graduate
For more details, visit http://www.careerinfolive.com/2008/06/economics.html
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