If you want to score good marks in MA economics, take a look at these important sites and books.
Sites:
Economic Discussion- This website has been specially designed for economic students. Here various economic professors and students have shared economics theory in a crisp and easy manner.
Investopedia: This website is suitable for not only economics students but also for finance students. Their USP is their regular update on economic and financial terms in your email.
Your article library: This one is somewhat similar to Economic Discussion.
Books:
Gullybaba: The language used in this book is easy to understand. You can understand the concepts quickly and score good marks.
Neeraj: The language in this book is a bit more complex than Gullybaba. But compared to the IGNOU study materials it’s still easy.
The above sources of study material will help you score better marks for IGNOU MA Economics.
Some basic information on IGNOU MEG is as follows:
Minimum Duration |
2 year |
Maximum Duration |
5 years |
Course fees |
INR 9000 |
Minimum Age |
No limit |
Maximum Age |
No limit |
For marks the weightage is as follows- Assignments: 30% and Theory: 70%
The minimum pass percentage required for passing both these components separately is 40% (‘D’ grade). Anything below this is considered a failure and you will see the “Incomplete” status on the grade card.
The grade card is as follows:
60% and above First Division
50% and above but below 60% Second Division
40% and above but below 50% Pass
Less than 40% Unsuccessful
The exam board of IGNOU will be issuing passing marks out of 100, 70 and 50 for all subjects in the official site.
One of my friends completed his MA in Industrial Psychology through IGNOU. According to him, it is a well-thought-out course with a term-end examination, compulsory internship, and research projects. My friend also consulted with some practicing Psychologists regarding the study material. According to them, the course is at par with the regular university courses.
The advantage of this course is that you can complete the course over a period of 5 years and examinations are taken twice each year. So, you can take examinations for 2-3 subjects each term and complete the course easily along with a full-time course or job. Study Center and Regional Center are two points of contact for IGNOU.
Lately, there have been some issues regarding RCs and teachers in IGNOU. Going forward they need to address these issues.
IIT Gandhinagar is a premier engineering institute even after that it has tried to contribute its fullest efficiency to the department of arts & humanities. The MA Program in Society and culture is one such example of it. The major highlights of the course are mentioned below:
The three constituents of course are :
The course is quite theory intensive and the institute believes in providing continuous assessment through evaluations, discussions, cross-questioning, and guest lectures. The course structure is systematic and hence a positive review is a must for the college.
The study material provided by IGNOU is elaborate and more than enough. You don't really need books except for these 3 subjects:
MEC 001 Microeconomic Analysis: For the subject, you might need some extra notes. The best way is to google the topics. You can make notes on the numerical part especially. Usually, the numerical questions are the same as the previous years. Still, it is recommended that you don't skip the study material.
MEC 003 Quantitative Methods in Economics: For this subject, you can make the best use of YouTube videos. Also practising from the previous year's papers will prove to be very helpful.
MEC 105 Indian Economic Policy: The study material provided for this particular subject needs to be updated with the latest data and figures. So it's highly recommended that you prepare topic-wise notes after thorough study.
Ultimately focus on the syllabus whichever source you are referring to.
Every coin has two sides and so does this. There are both pros and cons to joining the IGNOU M.A. course for the UPSC optional subject during preparation.
Pros:
Less time required to earn the degree
The study material provided by IGNOU is of good quality. This will help you prepare for your optional on your own.
Preparing for IGNOU exams requires very less time. This will give you enough time to prepare for your option alongside.
Cons:
The value of the degree is relatively less.
Exam dates may clash with UPSC. So it’s recommended you take the December exams.
Fees: INR 14000 for two years
You will have to submit yearly assignments. And one assignment will take at least 4 days to complete
Weighing the pros and cons you can make the decision based on your calibre and situation.
Anyone who has completed his/her graduation in any stream can get admission to DSE for MA in Economics. The only eligibility criteria are at least 60% marks in the aggregate ( in the graduation program)
Earlier there was an additional requirement that the aspirant must have studied at least one Maths paper during their graduation. But the recent criteria do not even require that. However, DSE focuses a lot on Math, and having an Engineering background will definitely give you an edge over other candidates.
Recently DSE has witnessed many non-economic students willing to shift their careers in economics and want to pursue Master's in Economics. This shift among students stems from the increasing demand for economists globally in different domains of jobs like Analyst, Economist, Researcher, Data Scientist, etc.
As an MA in Economics aspirant, one thing to keep in mind is that although the entrance exam is easy, the program is quite rigorous and can be extremely stressful at times. So only a true Economics fan should go for it.
One of my sister's acquaintances wrote 2016 mains with PSIR optional. She had been working in an IT firm till a month before prelims and had been preparing for a year before.
Political Science and International Relations (PSIR) is quite fast. The study material provided by IGNOU is good for selective reading for specific topics like Justice, Equality, MN Roy, Sri Aurobindo, Theory of international relations etc. But she had an engineering background and revealed that the notes were not of premium quality.
Paper 1- Part A
Gauba is not bad. But you will need to read the book more than one time to interpret it completely. The information has been divided unevenly within the chapters making it a difficult read. One more good source is Shubra Ranjan's notes. They summarise the points in the UPSC syllabus format.
Paper 1- Part B
Complete Laxmikant.Read the interpretations given by famous analysts, their viewpoints, case laws and their history and the politics that played behind the evolution of laws and how and why the judiciary evolved. Again for this look into Shubra Ranjan notes. For the remaining topics look into Oxford publications.
Paper 2- part A
For this part, the best recommendation is Heywood’s global politics. It’s easy to understand and very well written. Combine this with IGNOU notes and you will get good results. You can also go through questions given in Baylis and Smith because sometimes they appear verbatim and quoting the exact same viewpoint can get you some extra points.
Paper 2 - Part B
Conduct internet research and make your own notes on the topics included in the syllabus. Then go through commentaries on IDSA /IPCS websites. This will give you a better understanding of and current status of relations.
Once you are done with all the study materials, focus on developing the vocabulary for PSIR. Make sure your answers are evenly distributed with theories, quotes, facts, years etc. Practice writing answers a lot.
PhD or research is all about finding out new concepts. Thus we provide a deeper in already existing knowledge. PhD in Social Science is very much different from that of pure sciences, yet the goal is the same. As you know for doing research/PhD at the university level, the qualification required is PG degree. Every university has different criteria for selecting candidates.
As you know DSE, JNU, ISI, IEW, IIPA, and IIMs are the prime institutions for teaching, learning and researching in economics, management and public administration.
If you are willing to get into one of these institutions, a Master’s from IGNOU will have the same value as that from any other university. To get selected into these prestigious institutions, you will have to pass through a rigorous selection process of
Entrance
Group discussion
Personal interview
Moreover you will have to provide testimonials from your professors about your academic developments.
IGNOU is a central top-rated university in distance mode. It’s the best option for the ones who are willing to get a degree without actually attending regular classes. The degree, diploma, and certificates of IGNOU are recognised by AICTE, UGC and DEC approved. It has the same value as Delhi University.
MA degree from IGNOU will open opportunities for you in the field of teaching. Also if you are preparing for civil services, you can opt for the same subject for mains.