The Master of Science (M.Sc.) in Economics program
The Department of Economic Sciences at the Indian Institute of Technology Kanpur launched a two-year Master of Science (M.Sc.) program in Economics in the academic year 2023-24. The curriculum is designed to equip students with core competencies as professional economists while also leveraging IIT Kanpur's unique combination of expertise at the frontiers of economics and technology to impart cutting-edge skills in emerging interdisciplinary areas. The program emphasizes the application of economic theory to real-world problems such as auction design, pricing in energy markets, and causal evaluation of government policies. Strong emphasis is also placed on hands-on training in economic data analysis using modern statistical packages such as STATA and R, as well as quantitative economic modelling with computing languages such as Python and MATLAB.
Program structure
Students will have to take a total of 20 courses accounting for approximately 180 credits. There will be a total of 11 compulsory courses and 9 elective courses. The compulsory courses include courses in microeconomics, macroeconomics, mathematical methods in economics, applied probability and statistics, econometrics, game theory and computational methods in economics. The elective courses would include both courses offered by the department as well as from other departments.
- MSc course template (https://iitk.ac.in/eco/data/template-10-07-23.pdf)
- OE stands for Open Elective, DE stands for Departmental Elective
- Indicative syllabi for courses
- Microeconomics I
- Microeconomics II
- Macroeconomics I
- Macroeconomics II
- Mathematical Methods for Economics
- Computational Methods in Economics
- Economic Data Analysis: Methods and Computational Aspects
- Game Theory
- Econometrics I
- Econometrics II
- Machine Learning for Economists
- Monetary Economics
- Dynamic Macroeconomics
- Information Frictions in Financial Economics
- Public Economics and Public Policy
- Economics of Uncertainty and Information
Admissions
From the 2026–27 admission cycles onwards, the MSc Economics program will accept candidates through JAM in Economics (EN) with 24 seats and Mathematical Statistics (MS) with 16 seats.
Last Updated on: August 18, 2025