ICFAI School of Social Sciences | HigherEducationReview

Cover Story

Over the past two decades, economics education in India has witnessed a significant transformation. Once viewed largely as a theoretical discipline confined to classrooms and academia, economics has evolved into a dynamic field closely linked to policy-making, business strategy, data analytics, and social development. Rapid economic reforms, globalization, digitalization, and the increasing use of data-driven decision making have expanded the scope of economics education across universities and institutions. Students today are drawn to economics not only for its intellectual rigor but also for its strong career pathways in consulting, finance, public policy, research, and development sectors. The introduction of the National Education Policy (NEP) 2020 has further accelerated this shift by encouraging interdisciplinary learning, skill-based education, and industry alignment, making economics more applied, flexible, and future-ready. Within this evolving landscape, the ICFAI...

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