Masters in Economics, also abbreviated as MECON is a two years program that offers different courses in economic theory and aims to produce graduates with different applied quantitative research skills and tools amenable for economic analysis of different socio-economic issues the world is facing in general with a particular focus on the issues more prevalent in the Nepali context. The program is designed so as to provide a sound understanding of different economic theories through the core courses in microeconomics, macroeconomics and econometrics. Moreover, the program puts heavy emphasis on public economics and political economy and development economics. Elective courses will be offered in a broad range of topics from environmental economics to industrial organization 

LEARNING OUTCOMES

The learning outcomes of the MECON program are listed below: 

• To help students understand the working of the market economy and determination of market outcomes in different structures.

• To help students understand when markets work and when they do not while familiarizing them with the concepts of efficiency in resource allocation.

• To impart game theoretic tools to the students to help them analyze strategic situations that are applicable to most instances of everyday life.

• To help students the art and science of applied economic research aimed to establish a causal relationship between variables.

• To help students understand and model macroeconomic fluctuations and long run growth patterns of economies.

• To help students understand and calibrate fiscal and monetary policy tools to achieve macroeconomic goals such as higher economic growth and targeted inflation rates

Course Curriculum

First Year – First Semester

First Year – Second Semester

Second Year – Third Semester

Second Year – Fourth Semester

Elective Courses (Each 3 Credits)

GRADUATE ATTRIBUTES

The graduates of MECON are expected to have developed the following attributes upon the completion of the program:

• Sound understanding of economic theories and decision making at all levels.

• Decision making in strategic settings when one’s outcomes depend not only on the actions they take but also on those taken by others.

• Strong quantitative skills for causal research amenable to economic analysis

• Strong computational skills for applied economic research both for industry as well as the public sector

• Strong critical analytical skills

CAREER OPPORTUNITIES

• PhD programs at KUSOA and elsewhere

• Economists at central banks, commercial banks and other financial institutions

• Data analyst at various manufacturing industries and service sectors

• Consultant at the ministry of finance, commerce and trade at provincial and federal level.

• Economic advisors for the federal as well as subnational governments

• Quantitative researcher at multilateral organizations such as the World bank, Asian Development Bank, UN organizations, IMF etc.

• As program designers at NGOs and INGOs.

• Freelancing is rapidly growing in the post COVID-19 world

• Economics instructors/professors in (mainly management) colleges and schools

ELIGIBILITY

Completion of 4 year Bachelor’s degree or a Master’s degree with cumulative grade point average (CGPA) of 2 out of 4 or an equivalent of 45 percent marks in the latest degree acquired in a recognized institute. Selected applicants have to pass an entrance test and interview. Strong quantitative background will be given a priority in the selection process.

ADMISSION REQUIREMENTS

The candidates must meet eligibility criteria and must also successfully complete the written test and the interview conducted by the Program/Department.

GRADUATION

Students must successfully complete 51 credit courses which include a dissertation equivalent to six credits.