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B-A in Economics at Baba Parvat Nath Snatkottar Mahavidyalaya, Parvata Vishwanathpur
Sant Kabir Nagar, Uttar Pradesh
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About the Specialization
What is Economics at Baba Parvat Nath Snatkottar Mahavidyalaya, Parvata Vishwanathpur Sant Kabir Nagar?
This B.A. Economics program at Baba Parvat Nath Snatkottar Mahavidyalaya, affiliated with Siddharth University, focuses on equipping students with a robust understanding of economic principles and their application in real-world scenarios. Designed under the National Education Policy (NEP) 2020, the curriculum delves into microeconomics, macroeconomics, Indian economy, public finance, and international economics, preparing graduates for diverse roles in India''''s evolving economic landscape. The program emphasizes analytical thinking and problem-solving relevant to Indian policy-making and business environments.
Who Should Apply?
This program is ideal for 10+2 graduates from any stream who possess an analytical mindset, a keen interest in socio-economic issues, and a desire to understand market dynamics and government policies. It is well-suited for students aspiring to careers in banking, financial services, public administration, research, or academia in India. It also serves as a strong foundation for those planning to pursue postgraduate studies in Economics, Management, or Public Policy.
Why Choose This Course?
Graduates of this program can expect to pursue career paths in economic analysis, market research, financial planning, data analysis, and civil services within India. Entry-level salaries typically range from INR 2.5 LPA to 4.5 LPA, with experienced professionals earning significantly more. The strong foundation in economic theory and quantitative methods opens doors to roles in government departments, think tanks, private banks, and consultancies, offering significant growth trajectories in Indian companies and public sector undertakings.
Student Success Practices
Foundation Stage
Master Micro & Macro Fundamentals- (Semester 1-2)
Focus rigorously on understanding core microeconomic and macroeconomic concepts. Utilize textbooks, online lectures (e.g., NPTEL, Khan Academy), and join peer study groups to solidify the basics of demand-supply, consumer theory, national income, and basic economic models.
Tools & Resources
NCERT Economics textbooks, Varian''''s Microeconomic Analysis (basic concepts), Mankiw''''s Macroeconomics, NPTEL courses, University library resources
Career Connection
Strong fundamentals are essential for cracking competitive exams (UPSC, RBI, Bank PO) and for higher studies in economics, forming the bedrock for advanced analytical roles.
Develop Quantitative Aptitude- (Semester 1-2)
Engage in regular practice of basic mathematics, statistics, and logical reasoning relevant to economics. Solve problems from competitive exam books (e.g., R.S. Aggarwal for Quantitative Aptitude) to build a strong foundation for economic modeling and data interpretation.
Tools & Resources
Online platforms like IndiaBix, Quantitative Aptitude books, Excel for basic data handling
Career Connection
This skill is critical for roles in financial analysis, market research, and any data-driven positions in the Indian job market.
Cultivate Economic Awareness- (Semester 1-2)
Regularly read reputable financial newspapers (e.g., The Economic Times, Business Standard) and magazines to stay updated on current economic events, policies, and market trends in India. Participate in college debates or discussions on contemporary economic issues.
Tools & Resources
Economic Times E-paper, Livemint, RBI publications, Budget documents
Career Connection
This practice hones critical thinking and provides context, highly valued in roles requiring economic forecasting, policy analysis, and journalism.
Intermediate Stage
Undertake Data Analysis Projects- (Semester 3-5)
Apply statistical concepts learned in ''''Statistics for Economics'''' by working on small data analysis projects. Use public datasets (e.g., from NITI Aayog, Ministry of Statistics and Programme Implementation) to analyze economic indicators or trends using basic tools like Excel or R/Python if comfortable.
Tools & Resources
Excel, R/Python (basic libraries), Datasets from government websites (MOSPI, World Bank Data for India), Coursera/edX courses on data analysis
Career Connection
Develops practical skills highly sought after by data analyst, market research, and business intelligence roles in both public and private sectors.
Seek Internships/Fieldwork- (Semester 3-5)
Actively look for internships during summer breaks with local businesses, NGOs focusing on rural development, microfinance institutions, or government departments. Even short-term voluntary fieldwork provides exposure to real-world economic challenges and data collection.
Tools & Resources
College placement cell, LinkedIn, Internshala, Local business directories
Career Connection
Gain practical experience, understand industry dynamics, build professional networks, and enhance resume for future placements.
Participate in Economic Competitions/Seminars- (Semester 3-5)
Join inter-college economic essay competitions, quiz contests, or attend online/offline seminars and workshops organized by universities or professional bodies on topics like ''''Indian Economic Reforms'''' or ''''Sustainable Development Goals in India''''.
Tools & Resources
College notices, University events calendar, Online event platforms, Organizations like Indian Economic Association
Career Connection
Boosts public speaking, research skills, expands knowledge, and provides networking opportunities with peers and academics.
Advanced Stage
Prepare for Competitive Exams/Higher Studies- (Semester 6)
Dedicatedly prepare for postgraduate entrance exams (e.g., MA Economics, MBA) or civil services exams (UPSC, State PSCs) that extensively test economic concepts. Join coaching if feasible, or form dedicated study groups.
Tools & Resources
Previous year question papers, Coaching institute materials, Specific textbooks for competitive exams, Online test series
Career Connection
Directly facilitates entry into advanced academic programs or prestigious government and public sector roles in India.
Refine Research & Analytical Skills- (Semester 6)
Undertake a final year project or dissertation on a contemporary Indian economic issue, as applicable under NEP. This involves literature review, data collection, analysis, and report writing, potentially using basic econometric software.
Tools & Resources
Research papers, Academic journals, Stata/EViews (basic introduction), Zotero/Mendeley for referencing
Career Connection
Essential for roles in economic research, policy analysis, think tanks, and academic careers, showcasing independent analytical capabilities.
Build a Professional Network- (Semester 6)
Connect with alumni, faculty, and industry professionals through networking events, LinkedIn, or informational interviews. Seek guidance on career paths, job opportunities, and industry expectations within the Indian context.
Tools & Resources
LinkedIn, College alumni network, Career fairs, Professional workshops
Career Connection
Opens doors to mentorship, job referrals, and insights into specific career segments, significantly aiding placement and career progression.
Program Structure and Curriculum
Eligibility:
- 10+2 (Intermediate) in any stream from a recognized board, as per university and NEP 2020 norms.
Duration: 3 years / 6 semesters
Credits: As per NEP 2020 guidelines, typically 120 credits for 3 years (for major subjects and other mandatory components) Credits
Assessment: Internal: 25% (e.g., Mid-term test, assignment, seminar, field work), External: 75% (End Semester Examination)
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A010101T | Microeconomics-I | Core (Major) | 4 | Nature and Scope of Economics, Demand Analysis, Supply Analysis, Consumer Behavior (Utility and Indifference Curve), Production Function, Cost Analysis |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A010201T | Microeconomics-II | Core (Major) | 4 | Perfect Competition, Monopoly, Monopolistic Competition, Oligopoly, Factor Pricing (Rent, Wages, Interest, Profit) |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A020301T | Macroeconomics-I | Core (Major) | 4 | National Income Accounting, Classical Theory of Employment, Keynesian Theory of Income and Employment, Consumption Function, Investment Function |
| A020302T | Money and Banking | Major Elective | 4 | Nature and Functions of Money, Quantity Theory of Money, Inflation, Commercial Banking, Central Banking, Monetary Policy |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A020401T | Macroeconomics-II | Core (Major) | 4 | Money Supply and Demand, IS-LM Model, Business Cycles, Inflation and Unemployment (Phillips Curve), Open Economy Macroeconomics |
| A020402T | Public Finance | Major Elective | 4 | Role of Government in the Economy, Public Goods and Externalities, Public Expenditure, Taxation, Public Debt, Fiscal Policy |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A030501T | Indian Economy | Core (Major) | 4 | Features of Indian Economy, Economic Planning in India, Agriculture Sector, Industrial Sector, Poverty and Unemployment, External Sector of India |
| A030502T | Statistics for Economics | Core (Major) | 4 | Data Collection and Presentation, Measures of Central Tendency, Measures of Dispersion, Correlation Analysis, Regression Analysis, Index Numbers |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A030601T | Development and Environmental Economics | Core (Major) | 4 | Economic Development Theories, Population and Human Capital, Poverty and Income Inequality, Environmental Issues, Sustainable Development, Climate Change and Economy |
| A030602T | International Economics | Core (Major) | 4 | Theories of International Trade, Terms of Trade, Trade Barriers, Balance of Payments, Exchange Rate Regimes, International Economic Organizations |
