Inequality hinders long-term socio-economic development, harms poverty reduction measures, and has a negative impact on people’s self-worth and sense of fulfilment. (UN Sustainable Goals)
The IMF and World Bank published a joint research paper, “Macroeconomic Policy and Poverty Reduction,” emphasising that economic growth is the single most crucial factor influencing poverty. Macroeconomic stability is essential for achieving a high and sustainable rate of growth.
Economics graduates from leading institutions like Chanakya University Bangalore are equipped to address the root causes of inequality, poverty, and infrastructure bottlenecks and provide sustainable solutions to better macro and micro indicators of an economy. Explore the BA Economics syllabus, scope, and fees on the website, and apply for admission now.
In this passage, we will explore how the BA Economics Honours syllabus at Chanakya University prepares students to use economic tools to ensure long-term socio-economic development and stable economic indicators. Let’s begin.
Economic Tools for Socio-Economic Challenges
Poverty Reduction through Policy Design
Poverty eradication is a core aim under the India Constitution. The Supreme Court of India has interpreted Article 21 (Right to Life) to include socio-economic aspects such as the right to food and shelter. Articles 38, 39, and 43 under Directive Principles of State Policy also support social welfare, livelihood for all, etc.
Economics graduates use tools such as poverty indices, welfare economics, and cost-benefit analysis to evaluate schemes like direct benefit transfers, food security measures and rural employment programmes and suggest equitable, efficient, and sustainable economic policies.
Reducing Inequality with Redistribution Tools
MA course details cover modules where students study how redistributive economic policies can develop a more inclusive economy without hindering growth. They use tools like social security schemes, progressive taxation, subsidies for healthcare and education, etc., to ensure fair distribution of resources.
Infrastructure Development for Growth
Students pursuing BA or MA Economics at Chanakya University learn how to apply economic models such as multiplier analysis, cost efficiency, and investment appraisal to ensure spending for infrastructure contributes to employment generation and long-term sustainable growth.
Economic models and analysis are crucial for public investments and public-private partnerships to execute major infra projects for an economy.
Role of Econometrics and Data Studies
Econometrics refers to using mathematical models to describe economic systems. Econometrics and Data Studies provide evidence to measure the effectiveness of anti-poverty programmes, social schemes, infrastructure projects, and more. There is a dedicated module on econometrics and data studies in the BA Economics Honours syllabus, and the MA course details at Chanakya University. Explore now.
Why Study MA Economics at Chanakya University Bangalore?
Chanakya University Bangalore offers a modern and holistic MA Economics program with the right balance of theory and practice.
- Focus on research and policy application relevant to India’s development needs.
- Practical exposure through internships, seminars, and case studies.
- Affordable and structured MA course fees designed for accessibility.
- A curriculum aligned with both global standards and Indian policy frameworks.
Graduates emerge ready to join think tanks, government agencies, financial institutions, and global organisations where they can apply economic tools to real challenges.
Conclusion
From the basics covered in the BA Economics syllabus to advanced applications in MA course details, students develop the expertise to tackle issues central to India’s development. Poverty, inequality, and infrastructure are not just statistics—they are challenges that affect millions of lives.
Future economists can create policies that ensure inclusive growth and sustainable development with future-ready programmes at Chanakya University Bangalore. The study of economics is more than academics, it is a path to shaping society. Visit now for MA course fees, programme details, eligibility, and more.
Frequently Asked Questions
How does MA Economics help in solving poverty issues?
It trains students to design and evaluate welfare schemes using data and economic models.
What is the MA course duration and fees at Chanakya University, Bangalore?
The MA Economics programme runs for 2 years. The MA course fees are structured to be affordable and student-friendly.
What is the difference between the BA Economics syllabus and the MA course details?
The BA Economics syllabus builds the basics, while the MA covers advanced theories, econometrics, and policy applications.
How is inequality addressed in economics studies?
Students learn about taxation, subsidies, and redistributive policies that reduce income and wealth inequality. It opens BA Economics scope in diverse domains, public and private enterprises.
Why choose Chanakya University Bangalore for MA Economics?
Chanakya University Bangalore offers modern teaching, research opportunities, practical exposure, and a curriculum linked to India’s goals to achieve Aatmanirbhar Bharat.
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