The IGNOU international division offers selected courses to FRSIs (through Regional Centres in India) and to Overseas Students (through Overseas Study Centres of the University). The international division has expanded its academic courses and different regional centres in various parts of South Asia, the Middle East, and African nations.
The Programme offers an opportunity to learners for higher studies in Economics. Besides offering the core courses available in other universities, it includes themes in some of the emerging areas in economics such as insurance and finance that are expected to be extremely useful in the present scenario of economic liberalization and globalization. Some of the courses require an understanding of mathematical applications, particularly calculus and linear algebra. Students are expected to be conversant with basic mathematics covered at the +2 level. The Programme comprises 66 Credits covered through 11 Courses, 9 compulsory and 2 optional. All the courses covered in the first year are compulsory. In the second year, the first four courses are given in the list below (MEC6, MEC7, MEC108 and MEC109) are Compulsory while the rest are optional.
MEC OR Master of Arts in Economics is a Master's degree conferred to students. Like any other college course, the MEC course duration is a minimum of 2 years and maximum of 4 years.
With the academic session of July 2022, the IGNOU has adopted the Choice Based Credit System presented by the University Grants Commission. The Choice-based Credit System, which is on offer at the Master's degree level, gives adaptability to the students to study the subjects/courses of their needs and interests.
Eligibility: Bachelor’s Degree or a higher degree from a recognized University.
Medium of Instruction: English & Hindi
Duration: Minimum 2 years and Maximum 4 years; offered in both January & July cycle of admissions.
Fee Structure: Rs. 16400/- for the full programme to be paid year wise @Rs. 8200/- per year
First Semester
| Course Code | Title of the Course | Credits | |
| MEC-101 | Micro Economic Analysis | 6 | |
| MEC-002 | Macro-Economic Analysis | 6 | |
| MEC-103 | Quantitative Methods for Economic Analysis | 6 | |
| MEC-004 | Economics of Growth and Development | 6 | |
| MEC-105 | Indian Economic Policy | 6 | |
Second Semester
| Course Code | Title of theCourse | Credits |
| MEC-006 | Public Economics | 6 |
| MEC-007 | International Trade and Finance | 6 |
| MEC-108 | Economics of Social Sector and Environment | 6 |
| MEC-109 | Research Methods in Economics | 6 |
| Optional Courses (Choose 12 Credits Only) | ||
| MECP-101 | Project Work- MECP-101 | 6 |
| MECE-001 | Econometric Methods | 6 |
| MECE-003 | Actuarial Economics: Theory and Practice | 6 |
| MECE-004 | Financial Institutions and Markets | 6 |
| MECE-002 | Computer Applications in Economic Analysis | 6 |
| MPA-15 | Public Policy and Analysis | 8 |
| MPA-17 | Electronic Governance | 4 |
NOTE:- Student Handbook and Prospectus are also available on the university’s website www.ignou.ac.in. Information about the courses provided here is partial and should not be treated as comprehensive. i.e. The university would be offering another course than those mentioned here. Students are advised to check with the university for the latest information in regard to the course.