Economics courses are pursued by candidates who wish to work in the economic sector. The Economics courses are offered in different levels like Certification courses, Diploma courses, Undergraduate courses, Postgraduate courses and PhD courses.
Economics is broadly offered in two general categories like BA and BSc.
The Certification courses in Economics are available in both online as well as offline mode. Various online Economics certification courses are available in online sites like Udemy, edX and Coursera.
| Certificate Programs |
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| Bachelor Courses |
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- The duration of Economics courses varies depending upon the type of program. The duration for Bachelor’s program is 3 years.
- Duration of online Certification courses depends upon the website or the institution which provides the course. Many online courses are self paced also.
- Admission for UG courses is done through a merit basis where some colleges conduct interviews for selecting the candidates through merit basis.
After completing the economics courses job opportunities like Financial Economist, Financial Risk Analyst, Economic Researcher, Equity Analyst, Professional Economist, Cost Accountant, etc. are available to the graduates of economics courses after 12th.
The average salary package ranges from about INR 3,00,000 to 9,00,000 per annum for the degrees after 12th depending upon the job profile and skill the candidate possesses.
Table of Content
Economics Courses After 12th: Highlights
Some of the important highlights of Economics courses are mentioned in the following table.
| Popular Courses |
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| Duration |
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| Eligibility |
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| Average Fees |
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| Online Courses | Available |
| Types of Online Courses | Coursera, edX, Udemy etc. |
| Top Job Prospects | Financial Economist, Financial Risk Analyst, Economic Researcher, Equity Analyst, Professional Economist, Cost Accountant etc. |
| Average Salary |
|
Certificate Economics Courses
The Certification courses serve as an additional qualification for the graduates with bachelor's or master’s degrees. Certification courses are offered both in online mode as well as in offline through colleges and training institutions.
- The duration varies for each course, depending upon the institution or the online website providing the course.
- The duration varies from a few hours to a few months, and can even extend up to a year in some rare cases.
- Admissions for the certificate courses are done directly on merit basis and no entrance exams are required.
Online Economics Certificate Courses
Online Economics Certificate courses are offered across various online websites. The online course provider websites are listed in the following table along with the certificate name, duration of the course and fees of the courses.
| Certificate Name | Provider | Duration | Fees |
|---|---|---|---|
| The Most Comprehensive Economics Course (Diploma) | Udemy | 46 hrs | INR 8,640 |
| Economics: Macroeconomics 101 for Managers and Executives | Udemy | 1 hour (approx.) | INR 1,280 |
| Economics : Behavior of Buyers and Sellers & Product Pricing | Udemy | 2 hours (approx.) | INR 3,200 |
| Introduction to Economic Theories | Coursera (in collaboration with Erasmus University Rotterdam) | 41 hours (approx.) | Free |
| Economics of Money and Banking | Coursera (in collaboration with Columbia University) | 33 hours (approx.) | Free |
| The Power of Microeconomics: Economic Principles in the Real World | Coursera (in collaboration with University of California) | 15 hours (approx.) | Free |
| Economics: Consumer Demand | edX | 4 weeks | INR 14,612 |
| Economics and Policies for a Circular Bio-Economy | edX | 6 months | INR 49,299 |
| Microeconomics | edX | 5 months | INR 32,822 |
How are Admissions in Certificate Economics Courses Done?
Admission process is very easy for the certification programs since there is no need for appearing for the entrance exams as the admission is done directly through the merit based process.
- The basic eligibility requirement is the completion of class 10th or 12th in school.
- Candidates can straightaway fill in their personal details with educational qualification in the website that provides the online course.
Bachelor Economics Courses
Bachelor’s programs in Economics are offered generally through two different programs like BA and BSc.
- BA program is in Arts domain whereas BSc in Science domain which gives an in depth knowledge in economics stream.
- The duration of the bachelor’s program is 3 years for both BA and BSc programs.
- The fees for the course and the salary package offered to the candidates also vary depending upon the factors like domain, college and program type.
- The basic eligibility for the program is to be passed in Class 12th from a recognized board of education.
Top Bachelor Economics Courses
Top Bachelor Economics courses are listed in the table below along with the colleges offering the courses, duration of the courses and average fees for each course.
| Course Name | Top Colleges | Duration | Annual Fees |
|---|---|---|---|
| BA Economics |
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3 years |
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| BA (Honours) Economics |
|
4 years |
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| BSc Economics |
|
3 years |
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| BA Business Economics |
|
3 years |
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How are Admission in Bachelor Economics Courses Done?
Students applying for the bachelor’s program should fulfil the basic eligibility criteria of passing their class 12th in school from any recognized board of education.
- Admissions to the Bachelor Economics courses are mostly done through merit basis in India.
- A merit list will be released by the universities and institutions based on the marks scored by the candidates in class 12 examinations.
- Some colleges or universities conduct their own interviews in order to select the candidates based on merit scores.
Top Colleges for Bachelor Economics Courses
The colleges offering Economics courses at bachelor’s level are listed in the following table along with its location and NIRF ranking.
| NIRF Ranking | College Name | Admission Process | Average Annual Fees |
|---|---|---|---|
| 2 | Lady Shri Ram College for Women, New Delhi | Merit-Based | INR 15,870 |
| 3 | Hindu College, New Delhi | Merit-Based | INR 17,560 |
| 5 | Presidency College, Chennai | Merit-Based | INR 1,250 |
| 18 | Delhi University, New Delhi | Merit-Based | NA |
| 25 | PSG College of Arts and Science, Coimbatore | Merit-Based | INR 7,000 |
| 42 | Fergusson College, Pune | Merit-Based | INR 9,245 |
| 46 | Ethiraj College for Women, Chennai | Merit-Based | INR 38,000 |
| 61 | St Joseph's College, Bangalore | Merit-Based | INR 32,960 |
| 90 | St. Xavier's College, Mumbai | Merit-Based | INR 5,537 |
| 101 | St. Aloysius College, Mangalore | Merit-Based | INR 33,750 |
| 151 | Annamalai University, Chidambaram | Merit-Based | NA |
| 151 | Christ University, Bangalore | Merit-Based | INR 81,000 |
What are the Top Job Options After Economics Courses?
Some of the popularly known job options available after the completion of economics courses are listed here along with their skills, average salary and job description.
Source: College Websites
Professional Economist
A Professional Economist is a skilled person who studies the relationship existing between the resources of a society and the final output or production. Economists study different societies ranging from small, local communities to entire nations and even the global economy.
Starting Salary: INR 6,00,000 to 8,00,000
Skills Required
- Mathematical aptitude
- Independent thinker
- Written skills
- Verbal communication skills
- Understanding complex systems
Economic Researcher
Economic Researchers study the production and distribution of resources, goods, and services by collecting and analyzing data, researching trends, and evaluating economic issues. They also conduct research, prepare reports, or formulate plans to address economic problems.
Starting Salary: INR 5,00,000 to 7,00,000
Skills Required
- Probability
- Statistics
- Analysis
- Critical thinking skills
- Math skills
Audit Manager
Audit Manager is the individual who organizes the internal audits and manages the internal audit plans of the company. He examines the internal processes of the organization and analyses them for the effectiveness and risks.
Starting Salary: INR 8,00,000 to 10,00,000
Skills Required
- Risk Management
- CPA
- Auditing skills
- Teamwork
- Integrity
What Skills are Required in Economics Courses?
Candidates looking for a job after their completion of a Software Engineering course degree are expected to have additional skills to their name. Some of the skills that are expected after the completion of a degree are discussed below.
Communication Skills
An effective communication is must for expressing or receiving any form of information with another person. Actions like listening, speaking, observing, empathizing are some of the important communication skills.
Top Courses for Communication Skills
Among numerous courses available online, some of the top courses for communication skills that are provided by the well-known websites are discussed in the following table.
| Course | Provider | Duration | Fees |
|---|---|---|---|
| Improving Communication Skills | Coursera | 10 hours | Free |
| The Complete Communication Skills Master Class for Life | Udemy | 31 hours (approx.) | 700 |
| Computer Programming for Beginners | edX | 3 weeks | INR 14,580 |
Course Syllabus for Communication Skills
Syllabus covered in the courses that help to develop communication skills are described in this section.
| Cooperation, Competition, and Comparisons | Using Most Effective Body Language Tool |
| Trust | Reading the Speaker's Body |
| Deception | How to employ strategies for active listening |
| Effective Communication | How to communicate ideas clearly and succinctly |
| Direct versus indirect communication | How to assess needs of clients and colleagues |
| Business Communications | Best practices for face-to-face and remote communication |
Communication Skill Job Profiles
- Communications Specialist
- Counselor
- Financial advisers
- Psychotherapist
- Lawyers
Online Certificate Economics Courses Fees and Rating Comparison
This table gives the top online certificates for economics courses, sorted according to the rating given to them by users.
| Certificate Name | Provider | Fees | Rating |
|---|---|---|---|
| The Most Comprehensive Economics Course (Diploma) | Udemy | INR 8,640 | 4.5 |
| Economics: Macroeconomics 101 for Managers and Executives | Udemy | INR 1,280 | 4.5 |
| Economics : Behavior of Buyers and Sellers & Product Pricing | Udemy | INR 3,200 | 4.5 |
| Introduction to Economic Theories | Coursera (in collaboration with Erasmus University Rotterdam) | Free | 4.7 |
| Economics of Money and Banking | Coursera (in collaboration with Columbia University) | Free | 4.9 |
| The Power of Microeconomics: Economic Principles in the Real World | Coursera (in collaboration with University of California) | Free | 4.5 |
| Economics: Consumer Demand | edX | INR 14,612 | - |
| Economics and Policies for a Circular Bio-Economy | edX | INR 49,299 | - |
| Microeconomics | edX | INR 32,822 | - |
Comparison of Online Platforms Offering Economics Courses
Online Economics courses that are offered by two different online course providing platforms like Udemy and Coursera are compared with each other based on some parameters. The famous courses in each of the websites are compared.
| Parameters | Udemy | Cousera |
|---|---|---|
| Course Name | Economics: Macroeconomics 101 for Managers and Executives | The Power of Microeconomics: Economic Principles in the Real World |
| Fees | INR 1,280 | Free |
| Student Rating | 4.5 | 4.7 |
| Enrollment | 12,892 | 1,27,601 |
| Duration | 1 hour (approx.) | 15 hours (approx.) |
| Created by | In house | University of California |
Economics Courses After 12th: FAQs
Ques. Can I learn Economics courses Online?
Ans. Yes, many Economics courses are available online ranging from free courses to costlier courses which are provided by numerous online websites.
Ques. Which is the website that offers free online Economics courses in India?
Ans. Coursera offers free online Economics courses in collaboration with world class and reputed universities. Other than this Udemy also offers courses with much reduced prices.
Ques. What is the duration of an Economics course?
Ans. The duration of the course depends on the type of program the candidate chooses. For UG, the duration is 3 years and for certification, the duration ranges from a few hours to months in some cases.
Ques. How much does it cost to do an Economics course?
Ans. At UG level, the average fees of the Economics course vary from INR 1,000 - 50,000.
Ques. What is the average salary that a student gets after completing a UG Economics course?
Ans. The average salary offered to a candidate with a UG or bachelor’s degree ranges from INR 6,00,000 to 8,00,000
Ques. What are the job opportunities available after graduation in Economics courses?
Ans. Job opportunities like Financial Economist, Financial Risk Analyst, Economic Researcher, Equity Analyst, Professional Economist, Cost Accountant, etc. are available to the graduates who completed Economics courses.
Ques. What are the essential skills for the Professional Economist?
Ans. Skills like Mathematical Aptitude, Independent thinker, Written skills, Verbal communication skills, Understanding Complex Systems etc. are essential for the Professional Economist.
Ques. Do I get a scholarship to pursue economics certifications online?
Ans. Yes, websites like Coursera provide scholarships and financial aid to students to pursue their favorite courses. Students need to send an application form for claiming financial aid.
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