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BA in Economics at Bishop Heber College
Tiruchirappalli, Tamil Nadu
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About the Specialization
What is Economics at Bishop Heber College Tiruchirappalli?
This BA Economics program at Bishop Heber College focuses on developing a strong foundation in economic theory, quantitative methods, and Indian economic policy. The curriculum is designed to equip students with analytical skills to understand complex economic issues facing India and the world. It provides a comprehensive study of microeconomics, macroeconomics, statistics, and public finance, preparing students for diverse careers.
Who Should Apply?
This program is ideal for high school graduates with an interest in analytical thinking, problem-solving, and understanding societal challenges through an economic lens. It caters to students aspiring for civil services, further studies in economics, or entry-level roles in research, banking, or data analysis. It also suits those looking to contribute to policy-making and development in the Indian context.
Why Choose This Course?
Graduates of this program can expect to pursue various career paths in India, including roles as economic analysts, data researchers, financial advisors, or policy consultants in government, NGOs, and private firms. Entry-level salaries typically range from INR 2.5 LPA to 5 LPA, with significant growth potential in specialized areas. The program also serves as a strong foundation for competitive exams and postgraduate studies like MA Economics or MBA.
Student Success Practices
Foundation Stage
Master Economic Fundamentals & Quantitative Skills- (Semester 1-2)
Focus intensely on Microeconomics, Macroeconomics, and Applied Statistics. Utilize online platforms like Khan Academy and NPTEL for conceptual clarity. Form study groups to discuss complex theories and practice problem-solving, especially for statistical applications. This strong base is crucial for all advanced subjects and competitive exams.
Tools & Resources
Khan Academy Economics, NPTEL courses, NCERT Economics Textbooks (Class 11 & 12), Statistical software like MS Excel for practice
Career Connection
A solid foundation is essential for analytical roles in research, data analysis, and banking. Strong quantitative skills enhance eligibility for roles requiring statistical interpretation and economic modeling.
Develop Strong English and Communication Skills- (Semester 1-2)
Actively participate in English language classes, focusing on improving written and verbal communication. Join college debate clubs or Toastmasters-like groups to enhance public speaking. Practice essay writing and reading economic articles to build vocabulary and comprehension. This is vital for academic success and professional communication.
Tools & Resources
Online dictionaries (Oxford Learner''''s Dictionary), Grammarly, Newspapers (The Hindu, Indian Express) editorial sections, TED Talks for listening practice
Career Connection
Effective communication is a universal skill, critical for interviews, presentations, and report writing in any professional field, including economic research and policy advocacy.
Engage in Value Education and Environmental Awareness- (Semester 1-2)
Actively participate in Value Education and Environmental Studies courses, relating concepts to real-world Indian scenarios. Attend workshops on ethics, sustainability, and social responsibility. Engage in college extension activities like community service to understand societal challenges and develop a holistic perspective.
Tools & Resources
Books on Indian ethics and philosophy, Documentaries on environmental issues in India, NGO volunteer opportunities
Career Connection
Fosters a sense of social responsibility and ethical decision-making, highly valued in public policy, development economics, and CSR roles in Indian organizations.
Intermediate Stage
Apply Economic Theories to Indian Context- (Semester 3-4)
Deep dive into ''''Indian Economic Development'''' and ''''Economic Thought'''' by critically analyzing how global theories apply to India. Read economic newspapers, journals, and government reports (e.g., Economic Survey of India). Discuss contemporary Indian economic issues in class and with peers, relating them to the curriculum.
Tools & Resources
Economic Survey of India, RBI Bulletins, EPW (Economic and Political Weekly), Livemint, Business Standard
Career Connection
Develops a nuanced understanding of India''''s economic landscape, invaluable for roles in public policy, economic journalism, and research within Indian think tanks and government bodies.
Enhance Quantitative Skills with Software Proficiency- (Semester 3-4)
Go beyond theoretical mathematical methods by applying them using software. Master MS Excel for data analysis and visualization. Explore basic statistical software like ''''R'''' or ''''Python'''' (using libraries like Pandas, NumPy). Utilize the ''''Computer Application in Economics'''' course to its fullest to gain practical skills.
Tools & Resources
MS Excel for advanced functions, Online tutorials for R/Python for data analysis, Coursera/edX courses on data science basics
Career Connection
Software proficiency is a non-negotiable skill for economists and analysts today, opening doors to data science, financial modeling, and business analytics roles across India''''s IT and financial sectors.
Participate in Economics Competitions and Quizzes- (Semester 3-5)
Join or form teams for inter-college economics quizzes, essay competitions, and policy proposal contests. This encourages deeper learning, critical thinking, and application of concepts under pressure. It also provides networking opportunities with peers and faculty from other institutions.
Tools & Resources
Past competition papers, Economic news aggregators, College Economics clubs
Career Connection
Boosts problem-solving abilities, teamwork, and confidence, highly attractive qualities for recruiters in consulting, research, and competitive entry-level roles.
Advanced Stage
Undertake Research Projects and Internships- (Semester 5-6)
Utilize the ''''Research Methodology'''' course to initiate a small-scale research project, perhaps as a summer internship or a term paper. Seek internships with local NGOs, research organizations, or small businesses to gain practical experience in data collection, analysis, and report writing, applying economic principles.
Tools & Resources
Academic databases (JSTOR, Google Scholar), Statistical software (SPSS, EViews if available), Internship portals (Internshala, LinkedIn)
Career Connection
Practical research and internship experience significantly enhances employability, providing real-world exposure and a portfolio for advanced studies or direct job applications in research and consulting.
Specialize through Electives and Advanced Readings- (Semester 5-6)
Carefully choose electives in areas like Managerial Economics, Environmental Economics, or Health Economics based on career interests. Supplement coursework with advanced readings in these specialized fields. Consider certifications or short courses in specific economic modeling or policy analysis relevant to your chosen area.
Tools & Resources
Specialized journals and books in chosen elective areas, Online certifications in Financial Modeling, Data Analytics
Career Connection
Specialization makes you a more attractive candidate for targeted roles in financial services, environmental policy, or healthcare consulting, demonstrating depth of knowledge and focused career intent.
Prepare Rigorously for Placements and Higher Studies- (Semester 5-6)
Attend campus placement training sessions focusing on aptitude, logical reasoning, and interview skills. Prepare a strong resume highlighting projects and skills. For higher studies, begin preparing for entrance exams like NET, GATE (for some related fields), or GRE/GMAT if considering abroad. Network with alumni for career guidance.
Tools & Resources
Placement cell resources, Online aptitude test platforms, Study guides for competitive exams, Alumni network platforms
Career Connection
Directly impacts securing desirable employment or admission into prestigious postgraduate programs, ensuring a smooth transition from academics to professional life in India or internationally.
Program Structure and Curriculum
Eligibility:
- No eligibility criteria specified
Duration: 3 years / 6 semesters
Credits: 140 Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 21LTA101 / 21LTA1F1 | Tamil I / Other Language I | Part I: Language | 3 | Ancient Tamil Literature, Modern Prose and Poetry, Grammar Fundamentals, Letter Writing, Translation Practice |
| 21LEN101 / 21LEN1F1 | English I | Part II: English | 3 | Communication Skills, Grammar and Usage, Reading Comprehension, Writing Skills, Literary Appreciation |
| 21UEC101 / 21UEC1F1 | Micro Economics - I | Part III: Core | 4 | Basic Economic Problems, Demand and Supply Analysis, Consumer Behavior Theories, Production and Cost Analysis, Market Equilibrium and Price Determination |
| 21UAS101 / 21UAS1F1 | Applied Statistics - I | Part III: Allied | 5 | Data Collection and Classification, Diagrammatic and Graphical Presentation, Measures of Central Tendency, Measures of Dispersion, Skewness and Kurtosis |
| 21UVE101 / 21UVE1F1 | Value Education | Part IV: Value Education | 2 | Human Values and Ethics, Spiritual and Moral Values, Professional Ethics, Social Responsibility, Impact of Values on Life |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 21LTA202 / 21LTA2F2 | Tamil II / Other Language II | Part I: Language | 3 | Medieval Tamil Literature, Modern Literary Forms, Advanced Grammar, Creative Writing, Cultural Aspects |
| 21LEN202 / 21LEN2F2 | English II | Part II: English | 3 | Advanced Communication, Critical Reading, Report Writing, Public Speaking, Functional English |
| 21UEC202 / 21UEC2F2 | Micro Economics - II | Part III: Core | 4 | Market Structures (Perfect, Monopoly), Monopolistic Competition and Oligopoly, Pricing under various Markets, Factor Pricing Theories, Welfare Economics |
| 21UAS202 / 21UAS2F2 | Applied Statistics - II | Part III: Allied | 5 | Correlation Analysis, Regression Analysis, Probability Theory, Theoretical Distributions (Binomial, Poisson, Normal), Sampling Theory |
| 21UVA201 / 21UVA2F1 | Environmental Studies | Part IV: Environmental Studies | 2 | Natural Resources, Ecosystems and Biodiversity, Environmental Pollution, Social Issues and the Environment, Environmental Protection Acts |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 21LEN303 / 21LEN3F3 | English III | Part II: English | 3 | Literary Genres, Critical Appreciation, Academic Writing, Research Skills, Presentation Techniques |
| 21UEC303 / 21UEC3F3 | Indian Economic Development | Part III: Core | 4 | Features of Indian Economy, Economic Planning in India, Agricultural Sector Issues, Industrial Sector Growth and Policy, Economic Reforms since 1991 |
| 21UEC3A1 / 21UEC3A3 | Economic Thought | Part III: Allied | 5 | Mercantilism and Physiocracy, Classical School of Thought, Marxian Economics, Keynesian Revolution, Modern Economic Theories |
| 21UNE3E1 / 21UNE3F1 | Consumer Economics | Part IV: Non-Major Elective | 2 | Consumer Behavior, Consumer Rights and Responsibilities, Consumer Protection Act, Consumer Exploitation, Role of Government and NGOs |
| 21USS3S1 / 21USS3F1 | Soft Skills | Part IV: Skill Based Elective Course | 2 | Communication Skills, Interpersonal Skills, Time Management, Problem-Solving Techniques, Presentation Skills |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 21LEN404 / 21LEN4F4 | English IV | Part II: English | 3 | Advanced English Literature, Textual Analysis, Essay Writing, Business Communication, Interview Skills |
| 21UEC404 / 21UEC4F4 | Macro Economics - I | Part III: Core | 4 | National Income Accounting, Classical Theory of Employment, Keynesian Theory of Employment, Consumption Function, Investment Function and Multiplier |
| 21UMA4A2 / 21UMA4F4 | Mathematical Methods for Economics | Part III: Allied | 5 | Basic Algebra for Economics, Functions and their Applications, Differentiation in Economics, Optimization Techniques, Matrix Algebra |
| 21UNE4E2 / 21UNE4F2 | Economics of Basic Human Needs | Part IV: Non-Major Elective | 2 | Poverty and Inequality, Food Security, Health and Education, Housing and Sanitation, Government Schemes for Basic Needs |
| 21USS4S2 / 21USS4F2 | Computer Application in Economics | Part IV: Skill Based Elective Course | 2 | Fundamentals of Computers, MS Office (Word, Excel, PowerPoint), Internet and E-mail, Data Analysis Tools, Introduction to Economic Software |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 21UEC505 / 21UEC5F5 | Monetary Economics | Part III: Core | 4 | Nature and Functions of Money, Theories of Money Supply and Demand, Inflation and Deflation, Monetary Policy Instruments, Commercial and Central Banking |
| 21UEC506 / 21UEC5F6 | Fiscal Economics | Part III: Core | 4 | Public Finance Concepts, Public Expenditure and Growth, Taxation Principles and Policies, Public Debt Management, Fiscal Policy and Budgeting |
| 21UEC507 / 21UEC5F7 | International Economics | Part III: Core | 4 | Theories of International Trade, Terms of Trade, Balance of Payments, Exchange Rate Mechanisms, International Economic Organizations |
| 21UEC5E1 / 21UEC5E1 | Economics of Human Resource Development (Elective 1A) | Part III: Elective | 4 | Human Capital Formation, Population Growth and Development, Health Economics, Education Economics, Labour Market Dynamics |
| 21UEC5E2 / 21UEC5E2 | Entrepreneurial Economics (Elective 1B) | Part III: Elective | 4 | Concept of Entrepreneurship, Theories of Entrepreneurship, Small Business Development, Project Appraisal, Government Support for Startups |
| 21UEC5E3 / 21UEC5E3 | Resource Economics (Elective 1C) | Part III: Elective | 4 | Natural Resource Scarcity, Conservation of Resources, Renewable and Non-renewable Resources, Economics of Land and Water, Resource Management Policies |
| 21USS5S3 / 21USS5F3 | E-Commerce | Part IV: Skill Based Elective Course | 2 | Introduction to E-commerce, E-business Models, Online Payment Systems, Digital Marketing, Cyber Security and Legal Aspects |
| 21UGS501 / 21UGS5F1 | Gender Studies | Part IV: Gender Studies | 2 | Concepts of Gender and Sex, Gender Roles and Socialization, Women''''s Empowerment, Gender Inequality in India, Gender and Development Policy |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 21UEC608 / 21UEC6F8 | Macro Economics - II | Part III: Core | 4 | Theories of Economic Growth, Business Cycles, Unemployment and Inflation Trade-offs, Open Economy Macroeconomics, IS-LM Model and Policy |
| 21UEC609 / 21UEC6F9 | Research Methodology | Part III: Core | 4 | Introduction to Research, Research Design, Data Collection Methods, Sampling Techniques, Hypothesis Testing and Report Writing |
| 21UEC610 / 21UEC6F10 | Principles of Management | Part III: Core | 4 | Nature and Scope of Management, Planning and Decision Making, Organizing and Staffing, Directing and Leadership, Controlling and Coordination |
| 21UEC6E4 / 21UEC6E4 | Managerial Economics (Elective 2A) | Part III: Elective | 4 | Demand Analysis and Forecasting, Production and Cost Analysis, Pricing Decisions and Strategies, Profit Management, Capital Budgeting |
| 21UEC6E5 / 21UEC6E5 | Environmental Economics (Elective 2B) | Part III: Elective | 4 | Environmental Problems and Economic Growth, Valuation of Environmental Goods, Pollution Control Policies, Sustainable Development, Climate Change Economics |
| 21UEC6E6 / 21UEC6E6 | Health Economics (Elective 2C) | Part III: Elective | 4 | Health Indicators and Determinants, Demand and Supply of Health Care, Health Care Financing, Economic Evaluation in Health, Health Policy in India |
| 21UEA601 / 21UEA6F1 | Extension Activity | Part V: Extension Activity | 1 | Community Engagement, Social Responsibility, Volunteering Programs, Awareness Campaigns, Teamwork and Leadership Skills |
