About IGNOU MAEC – Master of Arts (Economics)
This post-graduate programme provides a deep understanding of economic theories and how they apply to real-world financial and social problems. It prepares students for careers in government policy making, banking, financial research, and teaching roles in schools or colleges.
The curriculum is designed to help students master both the theoretical and practical sides of the economy. It starts with the basic building blocks of micro and macroeconomics before moving into more specialized areas. By covering subjects like quantitative methods and econometrics, the syllabus ensures that learners can handle data and perform the kind of analysis required in modern business and research environments. This is particularly useful for students who want to understand how national and international markets function together.
After completing the Master of Arts (Economics), a student will be able to analyze market trends, evaluate government policies, and understand the complexities of economic growth. You will gain specific skills in mathematical modeling and statistical analysis, which are highly valued in the job market. Whether you aim to work as an economist in a corporate firm, a researcher in a think tank, or a consultant for development projects, the skills learned here provide a solid foundation for professional growth.
IGNOU MAEC Syllabus Highlights
The table below provides a quick overview of the administrative details for the Master of Arts (Economics) programme. These highlights help you understand the timeframe and basic requirements of the course.
| Academic Attribute | Details |
| Programme Name | Master of Arts (Economics) |
| Programme Code | MAEC |
| Minimum Duration | 2 Years |
| Maximum Duration | 4 Years |
| Total Credits | 80 |
| Offering School | School of Social Sciences |
IGNOU MAEC Course Structure
The Master of Arts (Economics) is organized into a two-year format. Each year is divided into two semesters, and students must complete a specific number of core and elective courses to earn their degree. The first year focuses heavily on core concepts, while the second year allows for more specialized study and project work.
| Academic Year / Semester | Nature of Courses | Credits |
| 1st Year (Semester I & II) | Core Courses | 40 Credits |
| 2nd Year (Semester III & IV) | Core + Electives / Project | 40 Credits |
IGNOU MAEC Syllabus: 2026
The following tables list every course you will study during your two-year journey. Make sure to note the course codes and credit values for your registration and exam forms.
1st Year: First Semester
| Course Code | Course Name | Credits |
| MEC-101 | Microeconomic Analysis | 6 |
| MEC-102 | Macroeconomic Analysis | 6 |
| MEC-103 | Quantitative Methods | 6 |
1st Year: Second Semester
| Course Code | Course Name | Credits |
| MEC-104 | Economics of Growth and Development | 6 |
| MEC-105 | Indian Economic Policy | 6 |
| MEC-203 | Public Economics | 6 |
| MECE-001 | Econometric Methods | 4 |
2nd Year: Third Semester
| Course Code | Course Name | Credits |
| MEC-106 | Public Economics | 6 |
| MEC-107 | International Trade and Finance | 6 |
| MEC-108 | Economics of Social Sector and Environment | 6 |
2nd Year: Fourth Semester
| Course Code | Course Name | Credits |
| MEC-109 | Research Methods in Economics | 6 |
| MECE-003 | Actuarial Economics: Theory and Practice | 6 |
| MECE-004 | Financial Institutions and Markets | 6 |
| MECP-101 | Project Work | 4 |
Total Credits: 80
IGNOU MAEC Credit System
The Master of Arts (Economics) follows a credit-based system where 1 credit is equal to 30 hours of total study time. To get your degree, you must successfully earn 80 credits by passing assignments and exams for all the courses listed above. Most theory courses carry 6 credits, which means you should dedicate around 180 hours of reading and practice to each. If you fail to pass a course in one semester, you do not need to re-enroll; you can simply appear for the exam again in the next cycle within your maximum duration of four years.
Important Note for Students
⚠️ The syllabus reflects the 2026 academic framework. IGNOU may revise course contents at its discretion. Always verify the latest syllabus at ignou.ac.in before starting your studies.
Also Read
More resources for MAEC students:
Frequently Asked Questions – IGNOU MAEC Syllabus
Legal & Academic Disclaimer
This page is not affiliated with, endorsed by, or officially connected to IGNOU (Indira Gandhi National Open University). The syllabus information provided here is for academic reference only and may be subject to revision by IGNOU. Always verify the latest course structure at ignou.ac.in.
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✔ Last updated: April 2026
