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BA in Economics at Awadhoot Bhagwan Ram P.G. College

Awadhoot Bhagwan Ram Post Graduate College, Sonbhadra, established in 1993, is a prominent institution affiliated with Mahatma Gandhi Kashi Vidyapith, Varanasi. It offers diverse undergraduate and postgraduate programs in Arts, Science, and Commerce, serving as a key educational hub in the region.

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Sonbhadra, Uttar Pradesh

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About the Specialization

What is Economics at Awadhoot Bhagwan Ram P.G. College Sonbhadra?

This Economics program at Awadhoot Bhagwan Ram Post Graduate College, Sonbhadra, focuses on building a strong foundation in economic theory, policy, and data analysis. It is designed to equip students with the analytical skills needed to understand India''''s dynamic economy and global economic trends. The curriculum emphasizes both theoretical concepts and their real-world application, preparing graduates for various roles in the public and private sectors within the Indian market.

Who Should Apply?

This program is ideal for fresh graduates seeking entry into economic research, public administration, or financial analysis roles. It also suits working professionals aiming to upskill in economic policy or data-driven decision making. Individuals interested in understanding socio-economic challenges and contributing to India''''s development through policy analysis or community work will find this specialization highly rewarding.

Why Choose This Course?

Graduates of this program can expect diverse India-specific career paths in government services (UPSC, State PSCs), banking, financial institutions, data analytics firms, and NGOs. Entry-level salaries typically range from INR 3-5 LPA, growing significantly with experience. Students gain expertise in micro and macroeconomics, development studies, and Indian economic policy, fostering strong analytical and problem-solving skills crucial for professional growth in Indian companies.

Student Success Practices

Foundation Stage

Master Core Economic Concepts- (Semester 1-2)

Focus intensely on understanding fundamental micro and macroeconomic principles during semesters 1-2. Utilize textbooks, online lectures (e.g., NPTEL, Swayam courses on economics), and participate actively in class discussions to clarify doubts. Form study groups with peers to discuss complex theories and solve problems collaboratively, building a strong conceptual base.

Tools & Resources

Core Textbooks (e.g., H.L. Ahuja, Mankiw), NPTEL/Swayam online courses, Peer study groups

Career Connection

A solid conceptual foundation is crucial for cracking competitive exams (UPSC, RBI Grade B) and excelling in higher studies or entry-level analytical roles that require strong theoretical understanding.

Develop Quantitative and Data Handling Skills- (Semester 1-2)

Pay close attention to Skill Enhancement Courses (SECs) on data collection, analysis, and basic computer applications (MS Excel). Practice creating charts, graphs, and performing simple statistical calculations. Seek out online tutorials for Excel and basic data visualization to supplement classroom learning. This early skill building is vital for any economics graduate.

Tools & Resources

MS Excel, Khan Academy Statistics, Data collection apps/forms

Career Connection

These skills are directly applicable in data analyst roles, research assistant positions, and are highly valued by financial institutions, market research firms, and government agencies in India.

Engage with Economic News and Current Affairs- (Semester 1-2)

Start reading reputable economic newspapers (e.g., The Economic Times, Business Standard) and magazines (e.g., Yojana, Kurukshetra) regularly. Follow key economic policy announcements and debates in India. This habit will connect theoretical knowledge to real-world scenarios and enrich your understanding of Indian economic dynamics.

Tools & Resources

The Economic Times, Business Standard, Yojana Magazine, Livemint

Career Connection

Keeps you updated for general knowledge sections in competitive exams, group discussions, and interviews, demonstrating practical awareness of the Indian economy.

Intermediate Stage

Undertake Mini-Projects and Research- (Semester 3-4)

Actively participate in practical components of major courses. Propose and execute small research projects or case studies related to topics like poverty, inflation, or rural development. Learn to use basic statistical software if available, or excel for deeper data analysis. This hands-on experience enhances problem-solving and critical thinking.

Tools & Resources

MS Excel/SPSS (if available), NSSO data, RBI website for economic data, Research methodology guides

Career Connection

Builds a portfolio of practical work, essential for demonstrating analytical capabilities in internships and jobs related to economic research, policy analysis, and data roles.

Explore Indian Economic Context & Policy- (Semester 3-4)

Dive deep into subjects like Indian Economy and Development Economics. Analyze government policies (e.g., NEP, Make in India, Atmanirbhar Bharat), their rationale, and impact. Engage with debates on India''''s economic challenges and opportunities through seminars, workshops, or academic clubs. Understand the role of institutions like RBI, NITI Aayog.

Tools & Resources

Economic Survey of India, NITI Aayog reports, RBI publications, Government policy documents

Career Connection

Prepares you for roles in public administration, economic journalism, and positions in financial institutions and consulting firms that specialize in the Indian market.

Network and Seek Mentorship- (Semester 3-4)

Attend any college-organized career counseling sessions, alumni talks, or guest lectures. Connect with faculty members to discuss career paths and academic interests. Identify potential mentors who can guide you on internships, further studies, or career planning within the Indian context. Join online professional groups related to economics.

Tools & Resources

LinkedIn, College alumni network, Faculty office hours, Industry webinars

Career Connection

Opens doors to internships, job opportunities, and invaluable career advice from experienced professionals, helping navigate the competitive Indian job market.

Advanced Stage

Intensive Competitive Exam Preparation- (Semester 5-6)

Utilize the ''''Economics for Competitive Exams'''' SEC to its fullest. Dedicate significant time to preparing for UPSC (Economics Optional), RBI Grade B, IBPS PO/Clerk, and other state-level competitive exams. Solve previous year''''s papers, join mock test series, and focus on both theoretical recall and application to Indian economic scenarios.

Tools & Resources

Previous year question papers, Online test series platforms, Competitive exam coaching materials, Government job portals

Career Connection

Directly targets high-demand government sector jobs and prestigious roles in banking and public finance, offering stable and impactful career paths in India.

Undertake a Comprehensive Dissertation/Project- (Semester 5-6)

For your final semester project, choose a topic with significant real-world relevance to India (e.g., impact of a specific policy, analysis of a regional economic issue). Conduct thorough research, data collection, and robust analysis. Focus on clear articulation of findings and policy recommendations. This demonstrates advanced research capabilities.

Tools & Resources

Academic journals (e.g., EPW), Government data portals, Statistical software, Thesis writing guides

Career Connection

Showcases advanced research and analytical skills, crucial for postgraduate studies, research positions, and high-level analytical roles in think tanks or policy advocacy organizations.

Develop Entrepreneurial Mindset & Skills- (Semester 5-6)

Leverage the ''''Entrepreneurship Development'''' SEC to explore business ideas, particularly those addressing social or economic needs in India. Work on developing a basic business plan, understanding market gaps, and exploring avenues for funding. Participate in college''''s innovation cells or startup workshops to gain practical exposure.

Tools & Resources

Startup India portal, Local incubation centers, Business plan templates, Mentors from local business community

Career Connection

Empowers you to become a job creator, fostering innovation and contributing to India''''s startup ecosystem, or enhancing your problem-solving skills for any corporate role.

Program Structure and Curriculum

Eligibility:

  • 10+2 (Intermediate) in any stream from a recognized board, as per Mahatma Gandhi Kashi Vidyapith (MGKVP) admission norms.

Duration: 3 years (6 semesters)

Credits: Credits not specified

Assessment: Internal: 25% (for Major/Minor Theory subjects), External: 75% (End Semester Exam for Major/Minor Theory subjects)

Semester-wise Curriculum Table

Semester 1

Subject CodeSubject NameSubject TypeCreditsKey Topics
Microeconomics - I (सूक्ष्म अर्थशास्त्र - I)Major Core Theory4Introduction to Economics and Economic Problems, Consumer Behavior: Utility and Indifference Curve Analysis, Demand and Elasticity of Demand, Production Theory: Returns to Scale, Cost Analysis, Market Structures: Perfect Competition
Project/Practical on Microeconomics - IMajor Core Practical2Data Collection Methods, Analysis of Market Demand/Supply, Cost Estimation for a Hypothetical Firm, Presentation of Economic Data, Short Report Writing
Basics of Computer and Quantitative Methods in Economics (अर्थशास्त्र में कम्प्यूटर एवं संख्यात्मक विधियों के मूल तत्व)Skill Enhancement Course (SEC)2Introduction to Computers and Operating Systems, MS Word for Document Creation, MS Excel for Data Entry and Basic Calculations, Use of PowerPoint for Presentations, Introduction to Basic Statistical Tools

Semester 2

Subject CodeSubject NameSubject TypeCreditsKey Topics
Microeconomics - II (सूक्ष्म अर्थशास्त्र - II)Major Core Theory4Monopoly Market: Price and Output Determination, Monopolistic Competition and Oligopoly, Factor Market: Rent, Wages, Interest, Profit, Welfare Economics: Pareto Optimality, Social Welfare Function, Market Failure and Public Goods
Project/Practical on Microeconomics - IIMajor Core Practical2Case Study on Market Structures, Analysis of Factor Income Distribution, Economic Policy Evaluation, Survey on Consumer Welfare, Data Interpretation and Reporting
Data Collection and Presentation (डेटा संग्रह और प्रस्तुतिकरण)Skill Enhancement Course (SEC)2Primary and Secondary Data Sources, Methods of Data Collection: Survey, Interview, Sampling Techniques, Tabulation of Data, Diagrammatic and Graphical Representation of Data

Semester 3

Subject CodeSubject NameSubject TypeCreditsKey Topics
Macroeconomics - I (समष्टि अर्थशास्त्र - I)Major Core Theory4National Income: Concepts and Measurement, Classical Theory of Employment and Output, Keynesian Theory of Income and Employment, Consumption Function and Investment Function, Money: Functions, Demand and Supply
Project/Practical on Macroeconomics - IMajor Core Practical2Calculation of National Income Components, Analysis of Economic Indicators, Impact of Fiscal Stimulus, Presentation of Macroeconomic Data, Short Economic Report
Data Analysis and Interpretation (डेटा विश्लेषण और व्याख्या)Skill Enhancement Course (SEC)2Measures of Central Tendency: Mean, Median, Mode, Measures of Dispersion: Range, Variance, Standard Deviation, Correlation Analysis: Karl Pearson''''s Coefficient, Introduction to Regression Analysis, Index Numbers: Construction and Uses

Semester 4

Subject CodeSubject NameSubject TypeCreditsKey Topics
Macroeconomics - II (समष्टि अर्थशास्त्र - II)Major Core Theory4Inflation: Types, Causes, and Control Measures, Business Cycles: Phases and Theories, Monetary and Fiscal Policies, International Trade Theories: Comparative Advantage, Balance of Payments: Components and Disequilibrium
Project/Practical on Macroeconomics - IIMajor Core Practical2Impact of Monetary Policy on Inflation, Case Study on Global Trade Policies, Analysis of Government Budgets, International Economic Data Analysis, Policy Recommendation Report
Economic Survey and Report Writing (आर्थिक सर्वेक्षण एवं प्रतिवेदन लेखन)Skill Enhancement Course (SEC)2Introduction to Economic Surveys, Methodology of Conducting Economic Surveys, Data Collection and Analysis for Surveys, Principles of Effective Report Writing, Presentation of Survey Findings

Semester 5

Subject CodeSubject NameSubject TypeCreditsKey Topics
Development Economics - I (विकास अर्थशास्त्र - I)Major Core Theory4Concepts of Economic Growth and Development, Theories of Underdevelopment and Dualism, Poverty, Inequality, and Income Distribution, Population and Human Resource Development, Role of Agriculture in Economic Development
Project/Practical on Development Economics - IMajor Core Practical2Analysis of Human Development Index (HDI), Case Study on Poverty Alleviation Programs, Demographic Trend Analysis, Assessment of Rural Development Initiatives, Policy Impact Report
Indian Economy - I (भारतीय अर्थव्यवस्था - I)Major Elective Theory4Structure and Characteristics of Indian Economy, Economic Planning in India: Objectives and Achievements, Agriculture Sector: Role, Problems, and Policies, Industrial Sector: Growth, Structure, and Reforms, Service Sector: Importance and Trends
Project/Practical on Indian Economy - IMajor Elective Practical2Analysis of Five-Year Plans, Case Study on Agricultural Policy Reforms, Impact of Industrial Policies, Regional Disparities in India, Data Presentation on Sectoral Growth
Economics for Competitive Exams (प्रतियोगी परीक्षाओं के लिए अर्थशास्त्र)Skill Enhancement Course (SEC)2Basic Economic Concepts (GDP, GNI, Inflation), Monetary and Fiscal Policy in India, Banking and Financial Markets in India, International Organizations (IMF, WTO, World Bank), Current Economic Affairs and General Knowledge

Semester 6

Subject CodeSubject NameSubject TypeCreditsKey Topics
Development Economics - II (विकास अर्थशास्त्र - II)Major Core Theory4Theories of Economic Growth (Harrod-Domar, Solow), Role of Capital, Technology, and Entrepreneurship, Foreign Aid, Foreign Direct Investment, and MNCs, Sustainable Development and Environmental Concerns, International Economic Organizations (UNCTAD, WTO)
Project/Practical on Development Economics - IIMajor Core Practical2Analysis of Global Development Models, Assessment of FDI Impact on Indian Economy, Case Study on Climate Change Policies, Role of International Aid in Poverty Reduction, Comprehensive Policy Brief
Indian Economy - II (भारतीय अर्थव्यवस्था - II)Major Elective Theory4Foreign Trade and Balance of Payments in India, Poverty, Unemployment, and Inequality in India, Economic Reforms since 1991: Liberalization, Privatization, Globalization, Financial Sector Reforms and Capital Markets, Contemporary Issues: Infrastructure, Digital Economy
Project/Practical on Indian Economy - IIMajor Elective Practical2Impact of Demonetization and GST, Analysis of Employment Schemes, Evaluation of Digital India Initiative, Challenges of Inclusive Growth, Research Paper on a Contemporary Economic Issue
Entrepreneurship Development (उद्यमिता विकास)Skill Enhancement Course (SEC)2Concept and Significance of Entrepreneurship, Characteristics of an Entrepreneur, Innovation and Business Idea Generation, Business Plan Development, Sources of Finance and Government Support for Startups
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