.png&w=1920&q=75)
BA in Economics at B307 SARVODAYA DEGREE COLLEGE
Bidar, Karnataka
.png&w=1920&q=75)
About the Specialization
What is Economics at B307 SARVODAYA DEGREE COLLEGE Bidar?
This Economics specialization program at Sarvodaya Degree College, Bidar, focuses on equipping students with a robust understanding of economic principles, theories, and their real-world applications within the Indian context. The curriculum, aligned with the National Education Policy 2020, emphasizes analytical thinking, quantitative skills, and critical evaluation of economic policies. It delves into both micro and macro aspects, Indian economic issues, and international trade dynamics, preparing students for diverse roles in a rapidly evolving global and domestic economy. The program aims to foster informed citizens and skilled professionals capable of contributing to economic discourse and development.
Who Should Apply?
This program is ideal for fresh graduates from various streams (Arts, Commerce, Science) who possess a keen interest in understanding societal and global economic forces. It caters to students aspiring for careers in government services, research, financial analytics, policy-making, or further academic pursuits. Individuals passionate about public policy, social development, and financial markets, with a strong aptitude for logical reasoning and data interpretation, will find this specialization particularly rewarding and aligned with their career ambitions.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as economic analysts, researchers, data analysts, policy advisors, and consultants in government, NGOs, and the private sector. Entry-level salaries typically range from INR 3 to 6 lakhs per annum, with experienced professionals earning significantly more. The strong analytical and quantitative foundation also prepares students for competitive examinations like UPSC, banking, and statistical services. Graduates will be well-positioned for higher studies such as MA in Economics, MBA, or specialized postgraduate diplomas.
Student Success Practices
Foundation Stage
Master Economic Fundamentals Early- (Semester 1-2)
Dedicate time in Semesters 1 and 2 to build a strong foundation in microeconomics and basic quantitative methods. Regularly revise core theories of demand, supply, market structures, and national income accounting. Focus on conceptual clarity rather than rote memorization.
Tools & Resources
NCERT Economics textbooks (Class 11 & 12), Khan Academy for basic economics, University prescribed textbooks for Micro/Macro Economics, Peer study groups
Career Connection
A strong foundation is critical for advanced topics and competitive exams like UPSC, RBI Grade B, and statistical services. It enables better understanding of complex economic phenomena, which is vital for roles in research and policy analysis.
Develop Quantitative and Analytical Skills- (Semester 1-3)
Actively engage with mathematics and statistics courses. Practice problem-solving regularly using spreadsheets (like MS Excel/Google Sheets) and basic statistical software. Work on data interpretation and graphical representation to strengthen analytical capabilities.
Tools & Resources
MS Excel/Google Sheets tutorials, Statistics textbooks (e.g., from Schaum''''s outlines), Previous year question papers for quantitative sections, Online platforms like Coursera/edX for introductory data skills
Career Connection
These skills are highly sought after in roles like data analyst, financial researcher, and market analyst in Indian companies and consultancies. Proficiency in quantitative methods directly impacts employability in diverse sectors.
Engage with Current Economic Affairs- (Semester 1-6 (ongoing))
Beyond textbooks, cultivate a habit of reading economic news and analyses. Follow prominent Indian economic newspapers (e.g., The Economic Times, Business Standard) and magazines (e.g., Yojana, EPW). Participate in college debates or discussions on current economic policies.
Tools & Resources
Leading Indian business newspapers (online subscriptions), RBI website for reports, Ministry of Finance publications, Economic Survey of India (annual)
Career Connection
Staying updated is crucial for roles in policy analysis, economic journalism, and preparing for competitive exams, especially the general knowledge and current affairs sections. It demonstrates a practical understanding of economic impacts.
Intermediate Stage
Deep Dive into Indian Economic Policies- (Semester 3-5)
Beyond theoretical concepts, analyze Indian economic policies in depth. Focus on the impact of agricultural reforms, industrial policies, fiscal and monetary policy changes, and international trade agreements on the Indian economy. Participate in projects that involve policy evaluation.
Tools & Resources
Economic Survey of India, NITI Aayog reports, RBI policy documents, Budget documents of India, Case studies on Indian economic reforms
Career Connection
This specialization prepares students for roles in government ministries, economic advisory bodies, and research institutions in India. Understanding policy implications is key for effective economic decision-making and advisory roles.
Explore Interdisciplinary Electives and Skills- (Semester 3-5)
Strategically choose open electives (OE) that complement your Economics major, such as subjects from Commerce, Political Science, or Statistics. Actively participate in Skill Enhancement Courses (SEC) like ''''Data Analysis using Spreadsheets'''' and ''''Professional Communication'''' to broaden your skill set.
Tools & Resources
University''''s list of OE/SEC courses, Online platforms for complementary skills (e.g., R/Python for data analysis), Workshops on public speaking and presentation skills
Career Connection
Interdisciplinary knowledge enhances problem-solving capabilities, making you a more versatile candidate for diverse roles in management, finance, and public administration. Strong communication skills are universally valued in all professional settings.
Seek Internships and Practical Exposure- (Semester 4-5 (during summer breaks))
Actively look for short-term internships or volunteer opportunities at local NGOs, research institutions, banks, or small businesses in Bidar or nearby cities. Even small experiences provide valuable insights into real-world economic applications and build networking opportunities.
Tools & Resources
College placement cell, Online internship platforms (Internshala, LinkedIn), Networking with faculty and alumni, Local chamber of commerce
Career Connection
Practical experience is crucial for building a professional resume and understanding industry demands. It often leads to better placement opportunities and provides clarity on specific career interests within the vast field of economics.
Advanced Stage
Undertake Research Projects and Dissertations- (Semester 5-6)
Engage in a research project or a dissertation in your final year on a topic of interest, preferably with faculty mentorship. This demonstrates independent research capabilities, critical thinking, and in-depth knowledge in a specialized area of economics.
Tools & Resources
University library resources, Access to academic journals (JSTOR, Google Scholar), Statistical software (SPSS, R, Python), Faculty advisors
Career Connection
A strong research project significantly boosts postgraduate application profiles (MA, PhD) and enhances credibility for research-oriented roles in think tanks, government, or academic institutions in India and abroad.
Prepare for Higher Education and Competitive Exams- (Semester 5-6)
Based on your career aspirations, start focused preparation for competitive exams (UPSC CSE, RBI Grade B, SSC CGL) or entrance exams for MA Economics (e.g., Delhi School of Economics, JNU, IGIDR). Enroll in coaching classes or form dedicated study groups.
Tools & Resources
Previous year question papers, Specialized coaching institutes, Online learning platforms (Unacademy, Byju''''s), Reference books for specific exams
Career Connection
Targeted preparation is essential for securing positions in prestigious government services, public sector banks, and admission to top postgraduate programs, which are highly valued career paths in India.
Build a Professional Network and Personal Brand- (Semester 5-6 and beyond)
Attend economics seminars, webinars, and workshops. Create a professional LinkedIn profile, connect with faculty, alumni, and industry professionals. Showcase your projects, skills, and academic achievements to build a professional online presence.
Tools & Resources
LinkedIn profile optimization guides, Networking events (online/offline), College alumni network portals, Professional associations (e.g., Indian Economic Association student chapters)
Career Connection
Networking opens doors to job opportunities, mentorship, and collaborative projects. A strong personal brand helps recruiters identify your potential and expertise, accelerating career growth and placement prospects in the competitive Indian job market.
Program Structure and Curriculum
Eligibility:
- Passed 10+2 or equivalent examination from a recognized board.
Duration: 3 years / 6 semesters
Credits: 102 Credits
Assessment: Internal: 20% (Continuous Internal Evaluation), External: 80% (Semester End Examination)
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECM101T | Principles of Microeconomics - I | Discipline Specific Core (DSC) | 4 | Nature and Scope of Economics, Theory of Consumer Behaviour (Utility & Indifference Curve), Demand and Supply Analysis, Elasticity of Demand and Supply, Production Function and Cost Analysis |
| BAKAN101T | Kannada Language | Ability Enhancement Course (AEC) | 3 | Modern Kannada Literature, Grammar and Composition, Cultural Aspects, Communication Skills, Poetry and Prose |
| BAENH101T | English Language | Ability Enhancement Course (AEC) | 3 | Communication Skills, Grammar and Vocabulary, Reading Comprehension, Basic Writing Skills, Introduction to Literature |
| BASEC101 | Digital Fluency | Skill Enhancement Course (SEC) | 2 | Fundamentals of Computers, Internet and Web Browsing, MS Office Suite (Word, Excel, PowerPoint), Cyber Security Basics, Digital Communication Tools |
| BAVAC101 | Health and Wellness | Value Added Course (VAC) | 2 | Physical Health, Mental Health, Nutrition and Diet, Stress Management, Yoga and Meditation |
| BAOE101 | Open Elective - I | Open Elective (OE) | 3 | Introduction to chosen discipline (e.g., History, Sociology, Political Science, Commerce), Basic Concepts, Fundamental Theories, Contemporary Issues |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECM201T | Principles of Microeconomics - II | Discipline Specific Core (DSC) | 4 | Market Structures (Perfect Competition, Monopoly), Monopolistic Competition and Oligopoly, Factor Pricing (Rent, Wages, Interest, Profit), Welfare Economics (Pareto Optimality), General Equilibrium Analysis |
| BAKAN201T | Kannada Language | Ability Enhancement Course (AEC) | 3 | Ancient Kannada Literature, Literary Criticism, Prose and Drama, Language History, Translation Skills |
| BAENH201T | English Language | Ability Enhancement Course (AEC) | 3 | Advanced Communication, Essay Writing, Critical Reading, Literary Forms, Public Speaking |
| BASEC201 | Scientific Temper and Cultural Pluralism | Skill Enhancement Course (SEC) | 2 | Scientific Method, Critical Thinking, Logic and Reasoning, Indian Cultural Diversity, Secularism and Tolerance |
| BAVAC201 | Environmental Studies | Value Added Course (VAC) | 2 | Ecology and Ecosystems, Biodiversity and Conservation, Environmental Pollution, Sustainable Development, Climate Change |
| BAOE201 | Open Elective - II | Open Elective (OE) | 3 | Specialized topic in chosen discipline (e.g., Indian History, Rural Sociology, Public Administration, Business Ethics), Case Studies, Applied Concepts |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECM301T | Macroeconomics - I | Discipline Specific Core (DSC) | 4 | Introduction to Macroeconomics (National Income Accounting), Classical Theory of Employment and Output, Keynesian Theory of Employment and Income, Consumption and Investment Functions, Theory of Money and Demand for Money |
| BAKAN301T | Kannada Language | Ability Enhancement Course (AEC) | 3 | Folklore and Regional Literature, Modern Prose Styles, Journalism in Kannada, Creative Writing, Research Methodology in Kannada |
| BAENH301T | English Language | Ability Enhancement Course (AEC) | 3 | Technical Writing, Report Writing, Business Communication, Advanced Grammar, Professional Etiquette |
| BASEC301 | Data Analysis using Spreadsheets | Skill Enhancement Course (SEC) | 2 | Introduction to MS Excel/Google Sheets, Data Entry and Formatting, Formulas and Functions, Data Visualization (Charts and Graphs), Basic Statistical Analysis |
| BAVAC301 | Indian Constitution | Value Added Course (VAC) | 2 | Preamble and Fundamental Rights, Directive Principles of State Policy, Union and State Governments, Judiciary and Elections, Local Self-Governance |
| BAOE301 | Open Elective - III | Open Elective (OE) | 3 | Advanced topics in chosen discipline (e.g., Art History, Social Psychology, International Relations, Marketing), Conceptual Frameworks, Contemporary Debates |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECM401T | Macroeconomics - II | Discipline Specific Core (DSC) | 4 | Theories of Inflation and Unemployment (Phillips Curve), Business Cycles and Stabilization Policies, Monetary Policy and Fiscal Policy (tools and effectiveness), Balance of Payments and Exchange Rates, Open Economy Macroeconomics |
| BAKAN401T | Kannada Language | Ability Enhancement Course (AEC) | 3 | Comparative Literature, Regional Dialects, Contemporary Kannada Literature, Media and Communication, Cultural Studies |
| BAENH401T | English Language | Ability Enhancement Course (AEC) | 3 | Creative Writing (Fiction/Poetry), Advanced Literary Analysis, Research Paper Writing, Presentation Skills, Group Discussion Techniques |
| BASEC401 | Professional Communication | Skill Enhancement Course (SEC) | 2 | Verbal and Non-verbal Communication, Interpersonal Skills, Interview Techniques, Resume and Cover Letter Writing, Teamwork and Collaboration |
| BAVAC401 | Art of Happiness | Value Added Course (VAC) | 2 | Positive Psychology, Emotional Intelligence, Mindfulness and Well-being, Coping Mechanisms, Interpersonal Relationships |
| BAOE401 | Open Elective - IV | Open Elective (OE) | 3 | Specialized practical application in chosen discipline (e.g., Fieldwork in Sociology, Political Thought, Financial Accounting, Journalism Practice), Project-based Learning |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECM501T | Indian Economy - I | Discipline Specific Core (DSC) | 4 | Basic Characteristics of Indian Economy, Economic Planning in India (Five-Year Plans, NITI Aayog), Agricultural Sector (Policies, Green Revolution, Food Security), Industrial Sector (Industrial Policy, MSMEs, Make in India), Infrastructure Development (Energy, Transport, Communication) |
| BAECM502T | Quantitative Methods for Economics | Discipline Specific Core (DSC) | 4 | Basic Mathematics for Economics (Functions, Differentiation, Integration), Measures of Central Tendency and Dispersion, Correlation and Regression Analysis, Index Numbers and Time Series Analysis, Introduction to Probability and Sampling |
| BAECDE503T | Public Economics | Discipline Specific Elective (DSE) | 4 | Role of Government in the Economy, Public Expenditure (Theories, Growth, Impact), Public Revenue (Principles of Taxation, Types of Taxes, GST), Public Debt (Sources, Burden, Management), Fiscal Federalism in India |
| BASEC501 | Entrepreneurship Development | Skill Enhancement Course (SEC) | 2 | Concept of Entrepreneurship, Identifying Business Opportunities, Business Plan Preparation, Sources of Finance, Government Support for MSMEs and Start-ups |
| BAOE501 | Open Elective - V | Open Elective (OE) | 3 | Interdisciplinary subject related to chosen discipline (e.g., Human Rights, Urban Studies, Financial Markets, Digital Marketing), Contemporary relevance |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECM601T | Indian Economy - II | Discipline Specific Core (DSC) | 4 | Poverty, Inequality and Unemployment in India (Causes, Policies), India''''s Foreign Trade (Composition, Direction, Policy), Economic Reforms (LPG Policy, Impact), Contemporary Issues (Demonetisation, GST, NITI Aayog), Sustainable Development Goals (SDGs) in India |
| BAECM602T | Development Economics | Discipline Specific Core (DSC) | 4 | Theories of Economic Growth and Development, Poverty and Income Inequality, Human Capital and Economic Development (Education, Health), Sustainable Development and Environmental Concerns, Role of State and Market in Development |
| BAECDE603T | International Economics | Discipline Specific Elective (DSE) | 4 | Theories of International Trade (Absolute and Comparative Advantage), Terms of Trade and Gains from Trade, Trade Barriers (Tariffs, Quotas) and Free Trade vs. Protection, Balance of Payments (Components, Disequilibrium), Foreign Exchange Market and International Economic Institutions (IMF, WTO) |
| BASEC601 | Research Methodology | Skill Enhancement Course (SEC) | 2 | Introduction to Research, Research Design and Methods, Data Collection Techniques (Primary, Secondary), Data Analysis and Interpretation, Report Writing and Presentation |
| BAOE601 | Open Elective - VI | Open Elective (OE) | 3 | Applied project or advanced topic in an allied field (e.g., Rural Development, Human Resource Management, Conflict Resolution, Tourism Management), Independent study |
