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B-A in Economics at Saint Girdhar College
Vidisha, Madhya Pradesh
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About the Specialization
What is Economics at Saint Girdhar College Vidisha?
This Economics program at Saint Girdhar College focuses on foundational theories and their practical application within the Indian context, adhering to the National Education Policy (NEP) guidelines. It covers essential areas like microeconomics, macroeconomics, Indian economy, and quantitative techniques, crucial for analyzing real-world economic challenges. The curriculum emphasizes developing analytical thinking, problem-solving skills, and a deep understanding of economic policies relevant to India''''s dynamic growth story.
Who Should Apply?
This program is ideal for high school graduates from various streams who possess an innate curiosity about economic phenomena, public policy, and business analytics. It suits individuals aspiring for careers in government services, banking, research, or academia within India. Students aiming to pursue post-graduate studies in Economics, Finance, or Management will also find this B.A. Economics degree to be a robust foundation, preparing them for diverse roles in India''''s evolving economic landscape.
Why Choose This Course?
Graduates of this program from Saint Girdhar College can expect diverse career paths in India, including roles as economists, data analysts, research associates, financial analysts, and policy advisors. Entry-level salaries typically range from INR 2.5 LPA to 5 LPA, with significant growth potential for experienced professionals in these fields. The program also prepares students comprehensively for competitive examinations like UPSC, RBI Grade B, and various other public and private sector opportunities, aligning with national economic goals.
Student Success Practices
Foundation Stage
Master Economic Fundamentals & Enhance Language Skills- (Semester 1-2)
Focus on thoroughly understanding core micro and macro economic concepts introduced in the initial semesters. Simultaneously, dedicate time to enhancing communication skills by actively participating in English and Hindi language foundation courses. Utilize accessible online platforms for economics concept clarification and language practice to build a strong academic base.
Tools & Resources
Khan Academy Economics, NCERT Economics Textbooks (Class 11 & 12), Duolingo for language practice, Daily newspaper reading (e.g., The Hindu, The Indian Express)
Career Connection
A strong conceptual understanding is crucial for all advanced economic studies and analytical roles. Enhanced language skills are vital for effective communication in interviews, presentations, and professional environments.
Develop Foundational Quantitative Aptitude & Digital Literacy- (Semester 1-2)
Begin building essential quantitative skills by solving problems related to basic statistics, data interpretation, and logical reasoning. Actively engage with vocational courses like Computer Applications to learn basic data entry and spreadsheet tools (e.g., MS Excel), which are fundamental for economic data handling.
Tools & Resources
RS Aggarwal Quantitative Aptitude book, YouTube tutorials for MS Excel basics, Government''''s Swayam portal for introductory computer courses
Career Connection
These foundational skills are indispensable for future roles in data analysis, research, and financial modeling, which are increasingly high-demand areas in the Indian job market across various sectors.
Participate in Economic Discussions & Current Affairs- (Semester 1-2)
Actively join college-level debates, essay competitions, and quizzes centered on current economic affairs relevant to India and the world. This approach improves critical thinking, articulation, and awareness of India''''s economic challenges and policy responses. Form study groups to discuss topics like national budgets and RBI policies.
Tools & Resources
RBI Annual Reports and publications, Economic Survey of India (latest edition), NITI Aayog publications, Current affairs magazines and news analysis programs
Career Connection
Develops a strong understanding of current affairs and policy nuances, which is invaluable for competitive examinations (like UPSC, RBI) and roles requiring economic commentary or policy analysis.
Intermediate Stage
Apply Statistical Methods for Economic Data Analysis- (Semester 3-4)
Deepen your understanding of statistical methods specifically for economics. Practice data collection, organization, and analysis using software like MS Excel or introductory platforms for R/Python. Look for opportunities to conduct small-scale local surveys to gather and interpret socio-economic data.
Tools & Resources
MS Excel advanced functions, Coursera/edX for ''''Introduction to R/Python for Data Science'''' courses, NPTEL courses on Econometrics fundamentals
Career Connection
This directly enhances skills required for roles like Data Analyst, Research Assistant, and economic consulting, making you highly employable in India''''s increasingly data-driven economy across various industries.
Engage Proactively with Indian Economic Policy & Reforms- (Semester 3-4)
Beyond classroom learning, thoroughly research specific Indian economic policies, their socio-economic impact, and ongoing reforms. Consistently follow economic news from reputable Indian financial dailies and journals. Actively attend webinars or workshops on contemporary topics like ''''Make in India'''', ''''Atmanirbhar Bharat'''', or financial inclusion initiatives.
Tools & Resources
Business Standard, The Economic Times, RBI Bulletin, Ministry of Finance reports, Online policy forums and economic think tank publications
Career Connection
This in-depth knowledge is indispensable for roles in public administration, economic journalism, and research positions focusing on Indian development, and is a key component for clearing competitive examinations.
Pursue Skill-Based Certifications & Practical Exposure- (Semester 3-4)
Undertake vocational courses like Digital Marketing and Financial Literacy seriously, aiming for recognized certifications where available. Actively look for short-term internships, even unpaid ones, in local businesses, NGOs, or small financial firms in Vidisha to gain practical exposure to economic principles and organizational functioning.
Tools & Resources
Google Digital Garage certifications, NISM Certifications (for financial literacy), Internshala, LinkedIn for internship search
Career Connection
Hands-on experience and professional certifications significantly differentiate you in the job market, improving your chances for placements in private sector roles requiring both theoretical and practical skills.
Advanced Stage
Undertake a Comprehensive Research Project in Economics- (Semester 5-6)
Actively engage in the Economics Project, choosing a locally or nationally relevant economic issue. Conduct primary or secondary research, apply econometric tools learned, and develop strong analytical and report-writing skills. Seek regular mentorship from faculty for robust project execution and high-quality output.
Tools & Resources
SPSS/EViews (for advanced statistical analysis), JSTOR, ResearchGate for academic papers, University thesis/project guidelines and examples
Career Connection
This demonstrates advanced research capabilities, which are crucial for postgraduate studies, research positions, and high-level analytical roles in India''''s public and private sectors.
Focus on Competitive Exam Preparation & Professional Networking- (Semester 5-6)
Integrate preparation for relevant competitive examinations (e.g., UPSC Economics optional, RBI Grade B, SSC CGL) with your ongoing studies. Attend seminars by industry experts and alumni. Build a robust professional network by connecting with faculty, seniors, and professionals in economics-related fields through college events and LinkedIn.
Tools & Resources
Online coaching platforms for UPSC/RBI exams, LinkedIn for professional networking, College alumni association events
Career Connection
Directly prepares you for government sector employment and significantly expands professional opportunities through valuable connections, which are vital for career advancement in India.
Complete a Meaningful Internship/Field Project for Industry Readiness- (Semester 5-6)
Secure a substantial internship in a reputable organization (e.g., a bank, research firm, government department, or a large local industry) that allows you to apply advanced economic concepts. Focus on problem-solving, data interpretation, and contributing to actual projects, aiming for a strong recommendation from your supervisor.
Tools & Resources
NITI Aayog internships, RBI Summer Placement programs, Corporate internship portals and career services
Career Connection
A significant internship provides invaluable practical experience, often leading to pre-placement offers or strong references, which are crucial for securing entry-level positions in competitive Indian industries and for higher studies.
Program Structure and Curriculum
Eligibility:
- Higher Secondary (10+2) or equivalent examination from a recognized Board/University
Duration: 3 years / 6 semesters
Credits: Credits not specified
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAEC-MJ-101 | Vyashti Arthashastra ke Siddhant (Principles of Microeconomics) | Core (Major) | 4 | Basic Concepts of Economics, Demand and Supply Analysis, Consumer Behaviour (Utility and Indifference Curves), Production and Cost Analysis, Market Structures (Perfect Competition, Monopoly) |
| HIN-FC-101 | Hindi Bhasha (Hindi Language) | Foundation Course | 2 | Hindi Grammar, Prose and Poetry, Official Language Concept, Communication in Hindi |
| ENG-FC-102 | English Language | Foundation Course | 2 | English Grammar, Reading Comprehension, Communication Skills, Letter and Report Writing |
| VOC-ENT-101 | Uddhyamita Vikas (Entrepreneurship Development) | Vocational Course | 2 | Concept of Entrepreneurship, Small Business Management, Project Identification and Formulation, Government Schemes for Entrepreneurs |
| VAC-YOGA-101 | Yoga Evam Dhyan (Yoga and Meditation) | Value Added Course | 2 | Introduction to Yoga, Asanas and Pranayama, Meditation Techniques, Benefits of Yoga in Daily Life |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAEC-MJ-201 | Samashti Arthashastra ke Siddhant (Principles of Macroeconomics) | Core (Major) | 4 | National Income Accounting, Classical and Keynesian Theories of Employment, Money and Banking, Inflation: Causes, Effects, and Control, International Trade and Balance of Payments |
| VAC-NHH-201 | Poshan, Swasthya Evam Swachhta (Nutrition, Health and Hygiene) | Value Added Course | 2 | Balanced Diet and Nutrients, Malnutrition and Deficiency Diseases, Personal and Public Hygiene, Common Health Issues, Healthy Lifestyle Practices |
| VOC-DMK-201 | Digital Marketing | Vocational Course | 2 | Introduction to Digital Marketing, Search Engine Optimization (SEO), Social Media Marketing, Content Marketing, Email Marketing Strategies |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAEC-MJ-301 | Bhartiya Arthashastra (Indian Economy) | Core (Major) | 4 | Characteristics of Indian Economy, Agriculture Sector in India (Problems and Policies), Industrial Sector in India (Policies and Growth), Service Sector Growth and Contribution, Economic Reforms since 1991 and their Impact |
| VAC-WCM-301 | Jal Sanrakshan Evam Prabandhan (Water Conservation and Management) | Value Added Course | 2 | Water Resources and their Importance, Causes of Water Scarcity, Methods of Water Conservation, Water Management Policies, Rainwater Harvesting |
| VOC-CA-301 | Computer Application | Vocational Course | 2 | Introduction to Computers, MS Office Suite (Word, Excel, PowerPoint), Internet Basics and Email, Data Management, Cyber Security Fundamentals |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAEC-MJ-401 | Sankhyiki Vidhiyan (Statistical Methods for Economics) | Core (Major) | 4 | Collection and Presentation of Data, Measures of Central Tendency (Mean, Median, Mode), Measures of Dispersion (Range, Standard Deviation), Correlation and Regression Analysis, Index Numbers |
| VAC-PD-401 | Vyaktitva Vikas (Personality Development) | Value Added Course | 2 | Self-Awareness and Self-Esteem, Effective Communication Skills, Time Management and Stress Management, Goal Setting and Motivation, Interpersonal Skills |
| VOC-FL-401 | Financial Literacy | Vocational Course | 2 | Budgeting and Saving, Investment Basics (Stocks, Mutual Funds), Banking Services and Digital Payments, Insurance Concepts, Credit and Debt Management |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAEC-MJ-501 | Lok Vitt (Public Finance) | Core (Major) | 4 | Role of Government in Economy, Public Expenditure and Public Revenue, Principles and Types of Taxation, Public Debt and Budgeting, Fiscal Policy and its Instruments |
| BAEC-MJ-502 | Antarrashtriya Arthashastra (International Economics) | Core (Major Elective) | 4 | Theories of International Trade, Terms of Trade and Trade Barriers, Foreign Exchange Market and Rate Determination, Balance of Payments, International Economic Organizations (WTO, IMF, World Bank) |
| BAEC-PR-503 | Economics Project | Project | 4 | Identification of Research Problem, Review of Literature, Data Collection and Analysis, Report Writing, Presentation Skills |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAEC-MJ-601 | Arthashastra Mein Shodh Pravidhiya (Research Methodology in Economics) | Core (Major Elective) | 4 | Nature and Significance of Research, Research Design and Types, Methods of Data Collection (Primary, Secondary), Sampling Techniques, Hypothesis Testing and Report Writing |
| BAEC-MJ-602 | Paryavaran Arthashastra (Environmental Economics) | Core (Major Elective) | 4 | Concept and Scope of Environmental Economics, Environmental Pollution and its Economic Impact, Resource Depletion and Scarcity, Environmental Policies and Regulations in India, Sustainable Development Goals |
| BAEC-INT-603 | Internship/Field Project | Internship/Practical | 4 | Application of Economic Principles in Real-world Settings, Data Analysis and Interpretation, Problem-Solving in an Organizational Context, Report Preparation and Presentation, Professional Networking |
