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BA in Economics at B.R.D.B.D. Mahila Degree College
Deoria, Uttar Pradesh
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About the Specialization
What is Economics at B.R.D.B.D. Mahila Degree College Deoria?
This Economics program at B.R.D.B.D. Mahila Degree College, Deoria, focuses on equipping students with a robust understanding of economic principles, theories, and their real-world applications within the Indian context. With India''''s rapidly evolving economy, a strong grasp of microeconomics, macroeconomics, public finance, and development economics is crucial. The program aims to foster analytical and critical thinking, essential for addressing contemporary economic challenges and policy formulation.
Who Should Apply?
This program is ideal for fresh graduates seeking entry into economic research, data analysis, public policy, or the financial sector in India. It also caters to individuals aiming for competitive civil services examinations or postgraduate studies in economics and related fields. Students with a keen interest in socio-economic issues, governmental policies, market dynamics, and a desire to contribute to national development will find this specialization particularly rewarding.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as economic analysts, data scientists, policy researchers, financial consultants, or professionals in banking and insurance. Entry-level salaries typically range from INR 3-5 LPA, with experienced professionals earning INR 8-15+ LPA in various Indian organizations. Opportunities exist in government bodies, think tanks, financial institutions, and multinational corporations operating in India. The program provides a strong foundation for competitive examinations and further academic pursuits.
Student Success Practices
Foundation Stage
Master Economic Fundamentals- (Semester 1-2)
Dedicate time to thoroughly understand core micro and macroeconomic theories. Actively participate in lectures, review concepts regularly, and solve problems from textbooks. Form study groups with peers to discuss complex ideas and clarify doubts, focusing on conceptual clarity.
Tools & Resources
NCERT Economics Textbooks (Classes 11 & 12), Standard university textbooks (e.g., Mankiw, Pindyck, Dornbusch), Khan Academy for conceptual clarity and basic problem-solving
Career Connection
A strong foundation in economic theory is crucial for advanced subjects, competitive examinations, and provides the analytical base required for roles in policy analysis and research.
Develop Quantitative Skills Early- (Semester 1-2)
Focus on strengthening mathematical and statistical abilities from the first semester. Practice basic algebra, calculus, and statistical concepts relevant to economics. Utilize online platforms for additional practice and join university workshops if available, as quantitative skills are indispensable.
Tools & Resources
Online platforms like Coursera, edX for ''''Math for Economists'''' or ''''Basic Statistics'''' courses, Microsoft Excel for data handling and basic analysis, Previous year question papers for quantitative problem-solving practice
Career Connection
Proficiency in quantitative methods is a highly sought-after skill in economics, vital for roles in data analysis, econometrics, and financial modeling, directly impacting placement opportunities in various sectors.
Engage with Current Economic Affairs- (Semester 1-2)
Cultivate a habit of reading economic news and analyses regularly from reputable Indian sources. Follow major Indian economic policies, budget discussions, and global economic trends. Discuss these with faculty and peers to develop an informed perspective and enhance critical thinking.
Tools & Resources
The Economic Times, Livemint, Business Standard (Indian business newspapers), Reserve Bank of India (RBI) website for reports and data, NITI Aayog reports and publications
Career Connection
Staying updated improves critical thinking, enriches academic discussions, and is essential for interviews in economic and financial sectors, demonstrating practical application and awareness of real-world issues.
Intermediate Stage
Seek Practical Application through Internships- (Semester 3-5)
Actively search for internships with NGOs, local businesses, research organizations, or government departments during summer breaks. Focus on roles that involve data collection, market research, or policy analysis to gain hands-on experience and apply theoretical knowledge.
Tools & Resources
LinkedIn and Internshala for internship postings, College career counseling cell for local and regional opportunities, Networking with faculty for research assistant positions
Career Connection
Internships provide invaluable industry exposure, help build a professional network, and demonstrate practical skills to potential employers, significantly boosting placement chances and career clarity.
Specialization and Skill Enhancement- (Semester 3-5)
Identify areas of interest within economics (e.g., development, finance, public policy) and pursue online courses or certifications to build expertise. Develop proficiency in statistical software like R, Python, or Stata, which are crucial for advanced economic analysis and research.
Tools & Resources
NPTEL courses and Swayam for specialized economics topics, Udemy/Coursera for courses on data analysis with R/Python/Stata, Online tutorials and documentation for statistical software
Career Connection
Specialized skills and software proficiency make you a more competitive candidate for niche roles in research, data science, and policy, leading to better job profiles and salary packages in a competitive market.
Participate in Economic Competitions and Seminars- (Semester 3-5)
Engage in economics-related debates, essay competitions, and paper presentations organized by the college or other institutions. Attend webinars and seminars by experts to deepen subject knowledge, enhance presentation skills, and provide networking opportunities with academicians and professionals.
Tools & Resources
University notice boards and economics club activities, Reputable online event platforms for national/international webinars, Student research conferences and workshops
Career Connection
Participation showcases initiative, intellectual curiosity, and communication skills, making your resume stand out to recruiters and opening doors for academic and professional collaborations and further studies.
Advanced Stage
Intensive Placement and Career Preparation- (Semester 6)
Begin preparing for campus placements or job applications well in advance. Focus on aptitude tests, group discussions, and mock interviews. Tailor your resume and cover letter to specific job descriptions, highlighting economic analytical skills and project experiences.
Tools & Resources
Online aptitude platforms (e.g., IndiaBix, PrepInsta), College career services for resume reviews and mock interviews, Professional networking sites like LinkedIn for job hunting strategies
Career Connection
Proactive and targeted preparation directly translates into securing desirable job offers, ensuring a smooth and successful transition from academics to a professional career in economics or related fields.
Undertake a Capstone Research Project/Dissertation- (Semester 6)
Collaborate with a faculty member on a substantial research project or undertake a dissertation on a relevant economic topic of interest. This deepens research skills, data analysis capabilities, and contributes to academic rigor, providing a strong portfolio piece for future endeavors.
Tools & Resources
University library resources and academic databases (JSTOR, ResearchGate), Dedicated faculty guidance and mentorship, Statistical software and research methodology guides
Career Connection
A well-executed research project demonstrates independent thought, analytical prowess, and problem-solving skills, which are highly valued by employers for research-oriented roles and for admission to competitive postgraduate programs.
Network with Alumni and Industry Professionals- (undefined)
Actively connect with college alumni working in economics-related fields and attend industry events, workshops, or job fairs. Seek mentorship, career advice, and potential job leads. Leverage these connections for insights into career paths and essential skill requirements.
Tools & Resources
LinkedIn for professional networking, College alumni association events and mentorship programs, Industry conferences and workshops relevant to economic sectors
Career Connection
Networking is paramount for career advancement, leading to referrals, hidden job opportunities, and a better understanding of industry expectations, significantly improving career trajectory and long-term professional growth.
Program Structure and Curriculum
Eligibility:
- No eligibility criteria specified
Duration: 3 years (6 semesters)
Credits: Credits not specified
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO101 | Principles of Microeconomics | Core | 4 | Introduction to Economics and Basic Economic Problems, Demand, Supply and Market Equilibrium, Consumer Behaviour: Utility Analysis and Indifference Curves, Production Analysis and Cost Curves, Market Structures: Perfect Competition |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO102 | Principles of Macroeconomics | Core | 4 | Introduction to Macroeconomics and National Income Accounting, Theories of Employment: Classical and Keynesian, Consumption and Investment Functions, Money and Banking: Money Supply, Demand and Role of Central Bank, Inflation, Unemployment and Business Cycles |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO201 | Indian Economy | Core | 4 | Basic Characteristics and Structure of Indian Economy, Agriculture Sector: Performance and Challenges, Industrial Sector: Growth Patterns and Policies, Poverty, Unemployment, and Inequality in India, Economic Reforms and Liberalization since 1991 |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO202 | Quantitative Methods for Economists | Core | 4 | Basic Mathematical Concepts: Functions, Differentiation, Optimization, Measures of Central Tendency and Dispersion, Correlation and Regression Analysis, Index Numbers and their Applications, Time Series Analysis: Components and Forecasting |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO301 | Public Finance | Core | 4 | Role and Functions of Government in the Economy, Public Expenditure: Growth and Principles, Taxation: Principles, Types and Impact, Public Debt: Sources, Burden and Management, Fiscal Policy and Budgetary Framework |
| ECO302 | Development Economics | Core | 4 | Concepts of Economic Development and Growth, Theories of Underdevelopment and Development Strategies, Population, Human Capital and Economic Development, Capital Formation, Technology and Role of Planning, Poverty and Income Inequality in Developing Countries |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO303 | International Economics | Core | 4 | Theories of International Trade: Comparative Advantage, Heckscher-Ohlin, Terms of Trade and Gains from Trade, Balance of Payments: Components and Disequilibrium, Foreign Exchange Market and Exchange Rate Determination, International Trade Policies: Tariffs, Quotas and Free Trade vs Protection |
| ECO304A | Environmental Economics | Elective (Choice between various options, ECO304A is taken as an example from DDUGU syllabus) | 4 | Environmental Problems and Economic Activity, Market Failure: Externalities and Public Goods, Valuation of Environmental Resources, Environmental Policy Instruments: Taxes, Subsidies, Permits, Sustainable Development: Concepts and Indicators |
