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BA in Economics at BGS FIRST GRADE COLLEGE, ABBURU, PERIYAPATNA
Mysuru, Karnataka
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About the Specialization
What is Economics at BGS FIRST GRADE COLLEGE, ABBURU, PERIYAPATNA Mysuru?
This Economics program at BGS First Grade College, Mysuru, affiliated with the University of Mysore, focuses on developing a deep understanding of economic theories, policies, and their real-world applications. With a curriculum aligned with India''''s evolving economic landscape, the program prepares students to analyze market trends, fiscal policies, and global economic challenges. It emphasizes quantitative methods and critical thinking essential for informed decision-making in various sectors of the Indian economy.
Who Should Apply?
This program is ideal for high school graduates with a keen interest in understanding societal resource allocation, market dynamics, and policy impacts. It attracts students aspiring for careers in research, public service, financial analysis, or further studies in economics. The curriculum is also beneficial for individuals seeking to develop analytical skills applicable across diverse industries, providing a solid academic foundation for career advancement in a competitive Indian job market.
Why Choose This Course?
Graduates of this program can expect to pursue diverse career paths such as economic analysts, data scientists, policy researchers, financial advisors, or positions in banking and consultancy firms in India. Entry-level salaries typically range from INR 3-6 LPA, with significant growth potential as experience and specialized skills are acquired. The program fosters analytical prowess and problem-solving capabilities, aligning with the demands for skilled professionals in India''''s rapidly growing economic sectors and preparing for competitive exams.
Student Success Practices
Foundation Stage
Build Strong Conceptual Foundations- (Semester 1-2)
Focus on mastering core microeconomic and macroeconomic theories. Actively participate in class discussions, solve numerical problems, and read introductory economic texts beyond the syllabus. Form study groups to discuss complex concepts and prepare for internal assessments.
Tools & Resources
NCERT Economics textbooks, NPTEL online courses on basic economics, Khan Academy, Local library resources, University e-journals
Career Connection
A strong grasp of fundamentals is crucial for higher-level economics courses and forms the bedrock for analytical roles in any industry. It helps in competitive exams.
Develop Academic Writing and English Proficiency- (Semester 1-2)
Actively work on improving essay writing, report structuring, and presentation skills, especially through English language courses. Practice summarizing complex economic articles and presenting them to peers. Seek feedback on written assignments.
Tools & Resources
Grammarly, University writing center, Academic journals (e.g., Economic and Political Weekly), English language workshops
Career Connection
Essential for clear communication in research, policy analysis, and corporate environments, improving chances in interviews and professional correspondence.
Engage with Current Economic Affairs- (Semester 1-2)
Regularly read national financial newspapers and economic magazines. Follow news related to Indian economic policies, budget, and market trends. Discuss current events in relation to theoretical concepts learned in class.
Tools & Resources
The Economic Times, Business Standard, Livemint, The Hindu (Business section), RBI bulletins, NITI Aayog reports
Career Connection
Provides practical context to theoretical knowledge, making students more informed and valuable for roles requiring economic insight and analysis in India.
Intermediate Stage
Apply Data Analysis Tools in Economics- (Semester 3-4)
Actively learn and apply basic computer applications like MS-Excel for data tabulation, graphical representation, and statistical calculations as part of SEC courses. Practice solving economic problems using these tools.
Tools & Resources
Microsoft Excel, Google Sheets, University computer labs, Online tutorials for Excel in economics
Career Connection
Data literacy is highly valued in finance, research, and analytics roles. Proficiency in basic tools enhances employability for entry-level analyst positions.
Explore Specific Economic Sectors in India- (Semester 3-4)
While studying Indian Economy, choose a specific sector (e.g., agriculture, manufacturing, services, digital economy) for deeper research. Follow government policies, initiatives, and challenges in that sector. Attend webinars or workshops related to these sectors.
Tools & Resources
Government reports (Ministry of Finance, RBI), Industry association reports (FICCI, CII), Academic research papers on Indian sectors
Career Connection
Developing specialized knowledge in an Indian economic sector makes students more attractive for roles in sector-specific consultancies, government departments, or industry research.
Network and Participate in Academic Events- (Semester 3-4)
Join college economics clubs or associations. Attend university-level seminars, workshops, and guest lectures by economists and industry experts. Network with faculty and senior students.
Tools & Resources
College notice boards, University event calendars, LinkedIn for professional networking, Local economic forums
Career Connection
Builds professional connections, provides exposure to real-world applications of economics, and enhances soft skills crucial for internships and future job searches.
Advanced Stage
Master Quantitative and Research Skills- (Semester 5-6)
Intensively focus on Quantitative Techniques and Research Methodology courses. Practice econometric modeling, statistical inference, and hypothesis testing. Aim for a high-quality research project in the final semester.
Tools & Resources
Statistical software (e.g., R, Python, SPSS - even if basic exposure), Research papers from reputable journals, University library''''s e-resources, NPTEL courses on econometrics/statistics
Career Connection
Essential for roles in economic research, data science, financial modeling, and higher academic pursuits (MA/M.Sc. Economics) in India and globally.
Undertake an Applied Economics Project or Internship- (Semester 5-6)
Seek out internships with local NGOs, financial institutions, research firms, or government departments. If an internship isn''''t feasible, complete a rigorous academic project applying economic theory to a real-world Indian problem.
Tools & Resources
College placement cell, Internship portals (Internshala), Faculty advisors, Local industry contacts
Career Connection
Provides practical experience, enhances resume, and creates networking opportunities, significantly boosting employability for graduate roles in India.
Prepare for Higher Education and Career Placement- (Semester 5-6)
Start preparing for competitive exams for postgraduate studies (e.g., entrance exams for MA Economics at JNU, DSE, IGIDR) or civil services (UPSC). Attend campus placement drives and mock interview sessions.
Tools & Resources
Career counseling cells, Online test preparation platforms, Mock interview resources, Alumni network for guidance, Official websites of target universities/recruiters
Career Connection
Direct preparation for the next stage of academic or professional life, ensuring a smooth transition into employment or further specialized studies in economics.
Program Structure and Curriculum
Eligibility:
- Pass in PUC / 10+2 or equivalent examination from a recognized board, as per University of Mysore admission norms.
Duration: 3 years (6 semesters)
Credits: 132 Credits
Assessment: Internal: 40%, External: 60%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| AECC 1 | Indian Language (Kannada/Sanskrit/Hindi) | Ability Enhancement Compulsory Course | 2 | Language Grammar, Literature Studies, Communication Skills, Cultural Aspects, Vocabulary Development |
| AECC 2 | English Language | Ability Enhancement Compulsory Course | 2 | English Grammar, Composition, Reading Comprehension, Communication Skills, Writing Practice |
| BAECO101 | Principles of Microeconomics | Discipline Specific Core | 4 | Nature and Scope of Economics, Demand and Supply Analysis, Theory of Consumer Behaviour, Production and Cost Analysis, Market Structures, Factor Pricing |
| OE 1 | Open Elective 1 | Open Elective | 3 | |
| VAC 1 | Health and Wellness, Yoga and Sports | Value Added Course | 2 | Physical Fitness, Mental Wellbeing, Principles of Yoga, Sports and Recreation, Healthy Lifestyle |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| AECC 3 | Indian Language (Kannada/Sanskrit/Hindi) | Ability Enhancement Compulsory Course | 2 | Advanced Grammar, Literary Forms, Creative Writing, Cultural Heritage, Translation Skills |
| AECC 4 | English Language | Ability Enhancement Compulsory Course | 2 | Advanced English Grammar, Formal and Informal Writing, Critical Reading, Oral Communication, Presentation Skills |
| BAECO201 | Macroeconomics | Discipline Specific Core | 4 | National Income Accounting, Classical and Keynesian Theories, Consumption and Investment Functions, Money and Banking, Inflation and Deflation, Business Cycles |
| OE 2 | Open Elective 2 | Open Elective | 3 | |
| VAC 2 | Environmental Studies | Value Added Course | 2 | Ecosystems, Biodiversity, Environmental Pollution, Natural Resources, Environmental Conservation |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECO301 | Indian Economy | Discipline Specific Core | 4 | Basic Features of Indian Economy, Economic Planning, Agriculture Sector in India, Industrial Sector in India, Service Sector in India, Economic Reforms |
| BAECO302 | Public Economics | Discipline Specific Core | 4 | Role of Government in Economy, Public Goods and Private Goods, Principles of Taxation, Public Expenditure, Public Debt and Fiscal Policy, Budgetary Policy |
| SEC 1 | Data Collection and Presentation for Economic Analysis | Skill Enhancement Course | 2 | Types of Data, Methods of Data Collection, Data Classification and Tabulation, Diagrammatic and Graphic Presentation, Measures of Central Tendency, Measures of Dispersion |
| VAC 3 | Indian Constitution | Value Added Course | 2 | Constitutional History, Fundamental Rights, Directive Principles, Structure of Government, Amendment Procedures |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECO401 | Development Economics | Discipline Specific Core | 4 | Concepts of Development and Underdevelopment, Theories of Economic Growth, Poverty and Inequality, Human Development, Role of Technology in Development, Development Planning |
| BAECO402 | International Economics | Discipline Specific Core | 4 | Theories of International Trade, Terms of Trade, Balance of Payments, Exchange Rate Systems, Trade Policies and Protectionism, International Economic Institutions |
| SEC 2 | Basic Computer Applications for Economic Analysis | Skill Enhancement Course | 2 | Introduction to Computers, MS-Word for Document Preparation, MS-Excel for Data Analysis, MS-PowerPoint for Presentations, Internet and E-resources for Research |
| VAC 4 | Professional Ethics & Human Values | Value Added Course | 2 | Ethical Theories, Professionalism, Values in Society, Moral Decision Making, Corporate Governance |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECO501 | Quantitative Techniques for Economic Analysis I | Discipline Specific Core | 4 | Functions and Graphs, Derivatives and their Applications, Maxima and Minima in Economics, Integration and its Economic Uses, Basic Linear Algebra, Matrix Operations |
| BAECO502 | Money and Banking | Discipline Specific Core | 4 | Functions and Evolution of Money, Demand and Supply of Money, Commercial Banks and Credit Creation, Central Bank and its Functions, Monetary Policy, Financial Markets |
| BAECODSE5.1 | Agricultural Economics | Discipline Specific Elective | 4 | Role of Agriculture in Indian Economy, Agricultural Production Economics, Agricultural Marketing, Agricultural Finance, Agricultural Policies in India, Food Security |
| OE 3 | Open Elective 3 | Open Elective | 3 | |
| SEC 3 | Research Methodology in Economics | Skill Enhancement Course | 2 | Research Process and Design, Formulation of Research Problem, Sampling Methods, Hypothesis Testing, Report Writing, Ethical Considerations in Research |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECO601 | Quantitative Techniques for Economic Analysis II | Discipline Specific Core | 4 | Matrices and Determinants, Input-Output Analysis, Game Theory, Linear Programming, Time Series Analysis, Regression Analysis |
| BAECO602 | Environmental Economics | Discipline Specific Core | 4 | Environment-Economy Linkage, Market Failure and Externalities, Environmental Valuation Methods, Environmental Policies and Regulations, Climate Change Economics, Sustainable Development |
| BAECODSE6.1 | Financial Economics | Discipline Specific Elective | 4 | Financial Markets and Institutions, Financial Instruments, Stock Markets and Capital Markets, Portfolio Management, Risk Management, Financial Derivatives |
| OE 4 | Open Elective 4 | Open Elective | 3 | |
| SEC 4 | Project Work / Internship | Skill Enhancement Course | 3 | Project Formulation, Data Analysis and Interpretation, Report Writing, Presentation Skills, Field Experience in an Organization, Problem Identification |
