The document discusses careers in economics. It begins with an introduction to economics as the study of production, distribution, and consumption of goods and services. Globalization and economic liberalization have expanded job prospects for economists across various sectors including business, education, government, and non-profits. Economists are in high demand both nationally and internationally. Economics graduates can find opportunities in fields like finance, urban development, trade, academics, and government service. The average salary for an economic analyst in India is Rs. 409,756 per year. The document also lists some top institutes for economics in India.

1. Careers
In
Economics
Introduction
Job Prospects
Remuneration
Institutes
www.entranzz.com

2. Introduction
Economics is the branch of social science that deals
with the study of production, distribution and
consumption of goods and services. In other words, it is
the study of how the forces of supply and demand
allocate scarce resources. The term economics comes
from the Greek words, oikos (house) and nomos
(custom or law), hence 'rules of the house (hold)'.
Economics play an important role in all aspects of our
life whether it is social, political or economic as well as
day to day matters. It is based on this pillar that the
progress of a country stands.
www.entranzz.com

3. Job Prospects
Globalisation and economic liberalisation has widened the
job prospects of economists in business, education,
government and non- profit sector. Well-trained economists
are in huge demand across industries, not only at the national
but at the international level as well.
Opportunities for economics academicians are available in
finance sector, urban and rural development, foreign trade,
colleges and universities, government service etc. Planning
commissions, management consultants and organizations
associated with data collection and interpretations recruit
economics graduates at lucrative terms. Economics
professionals are employed as economic analyst, finance
economist, econometrician, economic advisor and economist.
www.entranzz.com

4. The average salary for an Economic Analyst is Rs
409,756 per year.
Remuneration www.entranzz.com

5. Institutes
Madras School of Economics,Chennai , Tamil Nadu.
Indian Institute of Economics,Hyderabad , Andhra
Pradesh.
Institute of Home Economics,New Delhi , Delhi NCR.
Amity School of Economics,Noida , Delhi NCR.
www.entranzz.com