All MBA programs have several economics courses. An MBA with a specialization in Economics prepares graduates with special insight into how economic principles impact the world of business. An MBA with a specialization in Economics helps to develop powerful quantitative reasoning and be able to apply economic theory to practical business planning and decision-making. Students who choose to pursue this degree are often fascinated by how global markets, consumer behaviour, and economic cycles affect business. Once they have a deep understanding of the outside forces that can lead to success or failure in the corporate world, they can work in various fields, from banking, insurance, and manufacturing to government and research.

There is no set curriculum for an MBA with a specialization in Economics. The courses vary a lot from school to school.

The core course will usually include:

  • Principles of economics
  • Microeconomics for Managers
  • Macroeconomics for Managers
  • Managerial Economics

And the advanced or elective course could include:

  • Math and Statistics for economics
  • Econometrics
  • Applied Microeconomics
  • Global Economic Analysis
  • Global Economic Environment
  • Information in the Modern Economy
  • Strategic Economic Analysis
  • And many more.

Many programs also have project-based capstone, experiential learning components, etc.

With the acquired skills of MBA with a specialization in Economics from top business schools, the graduates are eligible for a wide range of job options- Pricing Analyst, Financial Analyst, Economic Forecaster, Econometrician, etc.

The main difference between a master’s degree in economics and an MBA is specialization versus broad knowledge. Master’s degrees offer students highly specialized and theoretical knowledge of a particular subject while the MBA is noted for its general survey of topics related to business management.

To know about the best MBA programs in economics, here is the link: