The Latest in Economic Research with an MSc in Economics

 MSc in Economics students have to perform research in their second year. They have to do internships in research institutions, private companies, and government agencies. After their internships, these students prepare an excellent dissertation based on their experience. Economics students mostly prefer economic research. They come across this area in all their endeavours. Therefore, it is important to know about the different available sectors of economic research. 

1. The Future of Work and Automation

Economists often weigh in on subjects like work culture and its impact on our future. Humans are an integral part of our economic structure. Their activities affect our economic system. Hence, it becomes an interesting area of study. Automation can render many knowledge-based jobs redundant. Labour markets will also change with technological advancements by the government. You can study this area by weighing the pros and cons of artificial intelligence on jobs.

2. Climate Change and Economic Growth

Climate change is an emergency for our world. Even the UN agrees that it will slowly impact the way we live. Areas like green economy and sustainable development will emerge. Companies are moving towards renewable energy. They want their costs to be low while minimising carbon emissions. The measures they take can be diverse. You will get to study the actual profitability of these measures. It will be interesting to see how a green economy affects economic growth.  

3. Inequality and Social Mobility

Inequality is part of every society. You might have heard of the phrase that the rich get richer as the poor get poorer. The gap between rich and poor may widen in the coming years. It can also be reduced if appropriate measures are taken. Imagine studying such important subjects at an MSc Economics college in India. You will make decisions that have a positive impact on the world. 

4. Global Economic Challenges

Many developing countries are actually levelling up to developed countries. Technological disruption and financial management have made them a success. Global trade is also increasing. Therefore, you will study the economy of each emerging country’s markets. You can suggest initiatives to steer their economy in the right direction. It will be a great contribution to their country. 

The top economics colleges in India open doors to exciting research opportunities. You can contribute to solving global challenges. Graduates like you can become leaders in shaping the world's economic future. The possibilities are endless for those passionate about making a difference.