Macroeconomics courses are pursued by students who want the basics of large-scale economy, macroeconomics theories, national output, inflation, and more. Macroeconomics and Microeconomics make up the study of economics.
Online certificate courses do not have a specific admission process except the merit of the candidate’s qualifying exam. The average course fee for Macroeconomics courses is INR 1000 - INR 50,000 depending upon the platform and type of course.
Students who want to pursue graduate courses can pursue BA, BSc. MA, or MSc in Economics. The course fees to pursue graduate courses in Top Economics Colleges in India ranges from INR 10,000 to INR 1 lac per year.
Table of Content
1.1 What are Macroeconomics Courses?
1.2 Why Study Macroeconomics Courses?
1.3 Who Should Pursue Macroeconomics Courses?
3.1 Udemy
3.2 Coursera
3.3 EdX
6.1 Delhi
6.2 Mumbai
6.3 Kolkata
6.4 Chennai
8.1 Top Job Profiles
8.2 Top Recruiters
All About Macroeconomics Courses
Macroeconomics Courses are quite beneficial due to their high demand among students who wish to learn about the ways to judge the economy of a country as a whole.
What are Macroeconomics Courses?
These courses cover a wide range of topics including Unemployment Rates, GDP, Price Indices, National Income, Savings, Investment, Inflation, Deflation, International Trade, International Finance, Consumption, Energy, etc.
- Macroeconomics Courses are helpful in predicting future economic outputs and determining the results based on economic policies.
- The subject looks upon the supply and demand, their intersections based on price and quantity, contributions of Monetary and Fiscal Policies to the entire economy, and so on.
- Macroeconomic models are used to deal with specific areas such as national income, national investment, and international trade. It is used to analyse inflation and deflation in order to develop appropriate financial policies.
Check Out: BA Economics
Why Study Macroeconomics Courses?
The various reasons for studying Macroeconomics courses in recent times have been listed below for your reference:
- Macroeconomics enables the students to study the various causes, effects and solutions to general redundancy.
- The study of macroeconomics helps to resolve issues such as Inflation, Balance of Payment, Overpopulation, National Economy Performance, etc.
- Macroeconomics aids in the evaluation of an economy's resources and capabilities, as well as the identification of ways to increase national income, increase productivity, and create job opportunities in order to advance an economy's monetary development.
- Students who pursue Macroeconomics Courses gain an in-depth understanding of various concepts like Loanable Funds, Keynesian Economics, Long and Short-run Macroeconomic Equilibrium, Aggregate Supply and Demand, etc.
Check Out: Top Economics Colleges
Who Should Pursue Macroeconomics Courses?
Given below are some criteria on who should pursue macroeconomics courses:
- For graduation, candidates must have studied economics and commerce at the 10+2 level with a 50% minimum aggregate.
- For post-graduation, candidates must have passed their graduation with a 50% minimum aggregate.
- Candidates must have a basic concept in both Macroeconomics and Microeconomics.
Check Out: BA Economics Hons
Types of Macroeconomics Courses
There aren’t any specific courses available for macroeconomics. Various economics courses offer macroeconomics as a subject area. These courses have been listed below:
Undergraduate Courses
There are courses that include macroeconomics, even though it is only a small part of the economics discipline. Some of the top undergraduate courses in the field have been listed below:
| Course | Colleges | Fees |
|---|---|---|
| BSc Economics | St Joseph’s College, PSG College of Arts and Science, St. Aloysius College | INR 7,000 - 33,000 |
| BA Economics | Presidency College, St. Xavier’s College, Fergusson College | INR 1200 - 10,000 |
| BA (Hons) Economics | Lady Shri Ram College, Christ University, Hindu College | INR 15,000 - 80,000 |
Postgraduate Courses
To learn more about macroeconomics, students can take up postgraduate courses which will provide them with extensive knowledge of the subject. Like the undergraduate courses, students can take up courses offering macroeconomics as a subject area. Some of the top postgraduate courses available are given below:
| Course | Colleges | Fees |
|---|---|---|
| MA Economics | Ramjas College, Mithibai College, Miranda House College | INR 10,000 - 50,000 |
| MSc Economics | IIT Kharagpur, Shiv Nadar University, University of Calcutta | INR 40,000 - 5 lacs (approx) |
Top Online Macroeconomics Courses
Macroeconomics online courses provide students with the flexibility to learn at their pace. The top online courses provided by various platforms have been listed below:
Udemy
| Course | Platform | Duration | Fees |
|---|---|---|---|
| Economics: Macroeconomics 101 for Managers and Executives | Udemy | 1 hour | INR 1,280 |
| Macroeconomics: A Comprehensive Economics Course | Udemy | 13 hours | INR 6,080 |
| Understanding Macroeconomics for Unity and Business | Udemy | 2.5 hours | INR 1,920 |
| Principles of Macroeconomics | Udemy | 4.5 hours | INR 1,280 |
| Macroeconomics for Beginners | Udemy | 3 hours | INR 1,280 |
| Introductory Macroeconomics | Udemy | 20 hours | INR 1,280 |
Coursera
| Course | Platform | Duration | Fees |
|---|---|---|---|
| Country Level Economics: Macroeconomic Variables and Markets | Coursera | 17 hours | - |
| Macroeconomics for Business Management | Coursera | 14 hours | - |
Edx
| Course | Platform | Duration | Fees |
|---|---|---|---|
| Compilation Basics for Macroeconomic Statistics | Edx | 4 weeks | Free |
| Macroeconomics Policy | Edx | 6 weeks | Free |
| Fundamentals of Macroeconomics | Edx | 6 weeks | Free |
Macroeconomics Course Syllabus
There are a variety of topics covered in these courses, however, the major topics of the macroeconomics discipline have been given below:
| Keynesian Theory of Employment | Micro and Macro Economics |
| Consumption Function | Financial Systems |
| Inflation, Deflation and Recession | Population Distribution |
| Deficit Financing and Deficit Budget | Macro Variables - Stock and Flow |
| Simple Investment | Concept of National Income |
Stream Comparisons
Given below is a comparison of the two most popular economics courses, Microeconomics and Macroeconomics. This comparison will allow you to make a well-informed decision about which course best suits your needs.
| Parameters | Macroeconomics | Microeconomics |
|---|---|---|
| Objective | Macroeconomics courses provide the students with an opportunity to get an introduction to Macroeconomics, learn about macroeconomics theories, differentiate between macro and microeconomics, and much more. | Microeconomics courses provide the students with an opportunity to learn about the behaviour of individuals and firms in the decision-making process related to the allocation of scarce resources and other necessary things. |
| Eligibility | Pursuing macroeconomics courses require the students to have a basic knowledge of economics at the 10+2 level. | Pursuing microeconomics courses require the students to have a basic knowledge of economics at the 10+2 level. |
| Demand | It has a wide scope and demand in recent times as it deals with aggregates of the economy as a whole. | It has a narrow scope but high demand in recent times as it deals with economic activities and behaviour of individual units or firms. |
| Job Growth | For someone who has studied macroeconomics, the most obvious career path is to work for a central bank or financial institution. | For someone who has studied microeconomics, the most obvious career path is to work for an individual financial institution or firm. |
| Average Initial Salary | INR 3-5 lacs (approx.) | INR 3-7 lacs (approx.) |
Top Macroeconomics Colleges in India
There are several colleges across India that provide different types of economics courses. These popular colleges have been given below.
Macroeconomics Colleges in Delhi
The top colleges offering economics courses in Delhi have been listed in the table below:
| College Name | Courses Offered | Average Fees |
|---|---|---|
| Lady Shri Ram College | BA (Hons) Economics | INR 16,390 |
| BA Economics | ||
| Hindu College | BA (Hons) Economics | INR 14,333 |
| BA Economics | ||
| Hansraj College | BA (Hons) Economics | INR 14,333 |
| BA Economics | ||
| Ramjas College | BA (Hons) Economics | INR 10,573 |
| BA Economics | ||
| Jesus and Mary College | BA (Hons) Economics | INR 12,997 |
| Sri Venkateswara College | BA (Hons) Economics | INR 9,590 |
| Delhi College of Arts and Commerce | BA (Hons) Economics | INR 9,120 |
| Shri Ram College of Commerce | BA (Hons) Economics | INR 29,273 |
| Miranda House | BA Economics | INR 14,160 |
| MA Economics | ||
| GD Goenka University | BA (Hons) Economics | INR 2.10 lacs |
Macroeconomics Colleges in Mumbai
The top colleges offering Economics Courses in Mumbai have been listed in the table below:
| College Name | Courses Offered | Average Fees |
|---|---|---|
| St Xavier’s College | BSc Economics | INR 7,187 |
| BA Economics | ||
| Narsee Monjee Institute of Management Studies | BSc Economics | INR 75,000 |
| MSc Economics | ||
| KJ Somaiya College of Arts and Science | BA (Hons.) Economics | INR 8,345 |
| Jai Hind College | BA (Hons.) Economics | INR 4,262 |
| BA Economics | ||
| St Andrew’s College of Arts and Commerce | BA Economics | INR 5,263 |
| BA (Hons.) Economics | ||
| Ramnarain Ruia Autonomous College | BA Economics | INR 4,825 |
| Kishinchand Chellaram College | BA Economics | INR 10 |
| Mithibai College of Arts | MA Economics | INR 11,300 |
Macroeconomics Colleges in Kolkata
The top colleges offering Economics Courses in Kolkata have been listed in the table below:
| College Name | Courses Offered | Average Fees |
|---|---|---|
| Presidency University | BA (Hons) Economics | INR 3,700 |
| Lady Brabourne College | BSc Economics | INR 27,100 |
| Barrackpore Rastraguru Surendranath College | BSc Economics | INR 5,525 |
| Jadavpur University | BA Economics | INR 2,400 |
| Vidyasagar College | BA Economics | INR 4,195 |
| Loreto College | BA Economics | INR 21,940 |
| University of Calcutta | MSc Economics | INR 2,314 |
Macroeconomics Colleges in Chennai
The top colleges offering Economics Courses in Chennai have been listed in the table below:
| College Name | Courses Offered | Average Fees |
|---|---|---|
| Loyola College | BA (Hons) Economics | INR 4,614 |
| BA Economics | ||
| Presidency College | BA (Hons) Economics | INR 4,617 |
| BA Economics | ||
| MA Economics | ||
| Madras Christian College | BA (Hons) Economics | INR18,179 |
| Guru Nanak College | BA Economics | INR 9,500 |
| Queen’s Mary College | BA Economics | INR 1,512 |
| Ethiraj College for Women | BA Economics | INR 9,456 |
Skills Required for Macroeconomics Courses
The various necessary skills required to be an efficient and effective Macroeconomist have been mentioned in the table below for your reference:
| Research Projects | Data Analysis |
| Economic Analysis | Economic Information |
| Financial Statements | Economic Data |
| R Programming Language | Economic Research |
| Policy Issues | - |
Scope of Macroeconomics Courses
Macroeconomics deals with the study of how the economy as a whole functions. Professionals with macroeconomy as a specialized subject area can find work in government and private sectors. The specialization provides you with job security and market-leading compensation. The various job positions and recruiters in this particular field have been given below:
Top Job Profiles
| Job Profile | Job Description |
|---|---|
| Economist | These professionals are responsible for studying the existing relationship between the resources of a society and the final outputs. Their study involves various societies ranging from small to global. |
| Audit Manager | They are given the responsibility to organise the internal audits of any particular company. Apart from this, they even keep a check on the internal processes of the concerned organisation and informs them about the risks associated. |
| Economic Researcher | They are given the work to keep a check on the production and distribution of goods, resources, etc. by collecting the required data and evaluating the economic issues. |
Top Recruiters
Most business organisations have a requirement of candidates having knowledge of economics. However, some popular recruiters have been listed below:
| American Express | Citi Bank |
| Air BnB | Mastercard |
| Amazon | The Economist Intelligence Unit |
| Uber | Genpact |
| Accenture | SAP |
| Oracle |
Salary Post Completing Macroeconomics Courses
The salary of an Economics Professional is determined by the type of job profile and experience of the candidates. The differences in pay are mentioned below.
Job Profile Wise Salary
| Job Profile | Average Initial Salary |
|---|---|
| Economist | INR 6-8 lacs |
| Audit Manager | INR 5-7 lacs |
| Economic Researcher | INR 8-10 lacs |
Gender Wise Salary
| Job Profile | Male | Female |
|---|---|---|
| Economist | INR 6-8 lacs | INR 6-7.75 lacs |
| Audit Manager | INR 5-7 lacs | INR 4.5-6 lacs |
| Economic Researcher | INR 8-10 lacs | INR 5-9 lacs |
Experience Wise Salary
| Job Profile | Average Initial Salary | Experienced Salary |
|---|---|---|
| Economist | INR 6-8 lacs | INR 8 lacs and above |
| Audit Manager | INR 5-7 lacs | INR 7 lacs and above |
| Economic Researcher | INR 8-10 lacs | INR 10 lacs and above |
Macroeconomics Courses FAQs
Ques. Are there offline Macroeconomics Courses available?
Ans. No, Macroeconomics Courses are available only as Online Courses at various reputed platforms such as Udemy, Edx, Coursera, etc. Apart from this, no specific offline courses are conducted for the same.
Ques. What are the options of doing Macroeconomics Courses in distance mode?
Ans. There are many colleges offering economics courses in distance education mode. Some colleges are IGNOU, Panjab University, Mumbai University and more. The average fees range from INR 10,000 to 3 lakhs.
Ques. What is the average course fee charged for Macroeconomics Courses?
Ans. The average course fee of all the Macroeconomics Courses depend upon the level of the course. Therefore, the average course fee for such courses ranges between INR 1000 - 50,000 (approx.).
Ques. Is it worth pursuing Macroeconomics Courses in recent times?
Ans. Pursuing Macroeconomics Courses in recent times are surely beneficial since the students are open to a wide range of opportunities in terms of employment and even gain a piece of extensive knowledge about the various topics including Unemployment Rates, GDP, Price Indices, National Income, Savings, Investment, Inflation, Deflation, International Trade, International Finance, Consumption, Energy, etc.
Ques. What are the available career opportunities after Macroeconomics Courses?
Ans. At the completion of any of the Macroeconomics Courses, the professionals are eligible enough to hold reputed job positions of Economist, Audit Manager, Economist Researcher and much more of the same kind.
Ques. What is the main focus of Macroeconomics Courses?
Ans. Macroeconomics Courses are helpful in predicting future economic outputs and determining the results based on economic policies. The subject looks upon the supply and demand, their intersections based on price and quantity, contributions of Monetary and Fiscal Policies to the entire economy, and so on.
Ques. At what levels are Macroeconomics Courses available?
Ans. The course is presently being offered only in an online mode. Macroeconomics Courses are only available as Certificate Courses to provide students with an additional degree in programming languages.
Ques. What is the required knowledge for admissions to Macroeconomics Courses?
Ans. To learn these courses, only those students are eligible who have a piece of knowledge about Economics at the 10+2 level and the concepts must be clear in both Macroeconomics and Microeconomics.
Ques. Why should one pursue Macroeconomics Courses in recent times?
Ans. Macroeconomics Courses are quite beneficial in recent times due to their high demand among students who wish to learn about the ways to judge the economy of a country as a whole.
Ques. What are the various types of courses available in Macroeconomics?
Ans. Macroeconomics courses as specialized courses are often offered as online certificate programmes through various online platforms. Macroeconomics is also taught in BA, BSc and MA Economics.
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