.png&w=1920&q=75)
BACHELOR-OF-ARTS in Economics at Canara College
Dakshina Kannada, Karnataka
.png&w=1920&q=75)
About the Specialization
What is Economics at Canara College Dakshina Kannada?
This Economics program at Canara College focuses on equipping students with a robust understanding of economic principles, theories, and their application to real-world scenarios, particularly within the Indian context. It emphasizes analytical thinking, data interpretation, and policy analysis, preparing graduates to navigate the complexities of national and global economies. The curriculum integrates traditional economic thought with contemporary issues like development, public finance, and quantitative methods, fostering a holistic learning experience relevant to India''''s dynamic economic landscape.
Who Should Apply?
This program is ideal for 10+2 graduates with a keen interest in socio-economic issues, public policy, and financial markets. It attracts aspiring civil servants preparing for competitive exams like UPSC, KPSC, and banking sector recruitment. Additionally, it suits individuals aiming for careers in economic research, data analysis, development organizations, or those planning postgraduate studies in economics, finance, or business administration. A strong foundation in logical reasoning and an aptitude for quantitative analysis are beneficial.
Why Choose This Course?
Graduates of this program can expect to develop strong analytical, critical thinking, and problem-solving skills highly valued across various industries in India. Career paths include roles in government economic services, banking and financial institutions, research firms, journalism, international organizations, and NGOs. Entry-level salaries in India typically range from INR 3 LPA to 6 LPA, with significant growth potential for experienced professionals. The program also serves as an excellent foundation for pursuing professional certifications in finance or data analytics.
Student Success Practices
Foundation Stage
Build Strong Conceptual Foundations- (Semester 1-2)
Focus on thoroughly understanding core micro and macro-economic concepts. Regularly read fundamental textbooks and supplement with online resources like Khan Academy or NPTEL lectures to solidify basics. Actively participate in class discussions and seek clarifications to build a robust theoretical base.
Tools & Resources
Core textbooks (e.g., Mankiw, Samuelson), Khan Academy, NPTEL, Class Notes, Discussion Forums
Career Connection
A strong conceptual understanding is crucial for excelling in advanced subjects, competitive exams like UPSC/RBI Grade B, and analytical roles in research or policy formulation.
Cultivate Regular Reading Habits for Economic Awareness- (Semester 1-2)
Develop a habit of reading reputable financial newspapers like ''''The Economic Times'''' or ''''Business Standard'''' daily. Follow economic news from reliable sources like ''''Livemint'''' or ''''The Hindu'''' to connect classroom learning with current events, especially those impacting the Indian economy.
Tools & Resources
The Economic Times, Business Standard, Livemint, The Hindu (Business section)
Career Connection
Staying updated on economic trends is vital for interviews, group discussions, and roles in banking, financial analysis, and economic journalism.
Enhance Quantitative Skills Early- (Semester 1-2)
Pay special attention to mathematical and statistical concepts introduced in subjects like Quantitative Methods. Practice problems regularly and utilize online platforms for additional exercises. Seek help from faculty or peer tutors to overcome initial challenges in quantitative analysis.
Tools & Resources
NCERT Math textbooks (Class XI-XII), Online platforms (BYJU''''S, Brilliant.org), Study groups
Career Connection
Robust quantitative skills are indispensable for careers in econometrics, data analytics, financial modeling, and many research roles.
Intermediate Stage
Master Data Analysis Tools and Applications- (Semester 3-4)
Actively engage with the ''''Computer Application in Economics'''' and ''''Data Analysis for Economics'''' courses. Gain hands-on proficiency in MS Excel for statistical analysis and visualization. Explore introductory concepts of more advanced tools like R or Python, which are increasingly critical in economic analysis.
Tools & Resources
MS Excel, Tutorials for R/Python (e.g., DataCamp, Coursera), Practice datasets
Career Connection
Proficiency in data analysis tools is a key differentiator for internships and entry-level positions in financial analytics, market research, and economic consulting.
Seek Practical Exposure through Internships- (Semester 3-5)
Actively look for short-term internships during semester breaks, even if unpaid initially. Target local NGOs, small research firms, financial advisory services, or even local government departments. Practical experience helps apply theoretical knowledge and build a professional network.
Tools & Resources
College placement cell, LinkedIn, Internshala, Naukri.com
Career Connection
Internships provide invaluable real-world experience, enhance resumes, and can often lead to pre-placement offers or strong references for future jobs.
Participate in Economic Forums and Competitions- (Semester 3-5)
Engage with the college''''s economics club or department activities. Participate in inter-college quizzes, debates, essay competitions, or model UN simulations focused on economic issues. This builds presentation skills, critical thinking, and expands academic networking.
Tools & Resources
College Economics Club, Inter-college events, Online essay platforms
Career Connection
Such participation develops soft skills like public speaking and teamwork, essential for managerial and leadership roles, and adds significant value to your profile.
Advanced Stage
Focus on Advanced Econometrics and Research Projects- (Semester 5-6)
Dive deep into advanced quantitative methods. Undertake a mini-research project or a dissertation under faculty guidance. This involves identifying a research question, collecting and analyzing data, and presenting findings, demonstrating independent research capability.
Tools & Resources
Statistical software (SPSS, EViews, R), Academic journals, Research methodology textbooks
Career Connection
Demonstrating research skills and proficiency in advanced econometric tools opens doors to roles in economic research, academia, and policy analysis at higher levels.
Prepare Systematically for Competitive Exams/Placements- (Semester 5-6)
Start dedicated preparation for chosen career paths like civil services, banking PO exams, or MBA entrances. This includes aptitude tests, general knowledge, economic current affairs, and subject-specific knowledge. Attend workshops and mock interviews organized by the college or external agencies.
Tools & Resources
Online test series (e.g., Oliveboard, Adda247), Current affairs magazines, Mentorship programs
Career Connection
Proactive and systematic preparation is key to securing coveted positions in government, public sector undertakings, and leading private organizations after graduation.
Build a Professional Network and Personal Brand- (Semester 5-6)
Attend industry seminars, guest lectures, and alumni events. Connect with professionals on platforms like LinkedIn. Develop a well-crafted resume and portfolio showcasing academic achievements, projects, and internships. Actively engage in career counseling sessions.
Tools & Resources
LinkedIn, Professional conferences, Alumni network, Career counseling services
Career Connection
A strong professional network can provide mentorship, job leads, and insights, significantly aiding career advancement and placement opportunities.
Program Structure and Curriculum
Eligibility:
- Pass in PUC / 10+2 or its equivalent examination.
Duration: 3 years / 6 semesters (for BA Degree)
Credits: 130 credits (for BA Degree) Credits
Assessment: Internal: 40%, External: 60%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ENH 101/102 | English Language | Language | 3 | Comprehension Skills, Grammar and Usage, Paragraph Writing, Essay Writing, Communication Skills |
| L2 H 101 | Indian Language (e.g., Kannada/Hindi/Sanskrit) | Language | 3 | Language Grammar, Prose and Poetry, Composition, Translation, Cultural Aspects |
| ECO 101 | Principles of Microeconomics - I | Core (Discipline Specific Course - DSC) | 4 | Introduction to Economics, Consumer Behaviour (Utility & Indifference Curve), Demand Analysis & Elasticity, Production Analysis & Laws of Returns, Cost and Revenue Analysis |
| ECO 102 | Principles of Microeconomics - II | Core (Discipline Specific Course - DSC) | 4 | Market Structures (Perfect Competition, Monopoly), Monopolistic Competition & Oligopoly, Pricing under different market conditions, Factor Pricing (Rent, Wages, Interest, Profit), Welfare Economics & Economic Efficiency |
| AEH 102 | Environmental Studies | Ability Enhancement Compulsory Course (AECC) | 2 | Ecosystems & Biodiversity, Environmental Pollution, Natural Resources, Global Environmental Issues, Environmental Management |
| OE 1 | Open Elective - 1 | Open Elective | 3 | Interdisciplinary subject from other departments |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ENH 201/202 | English Language | Language | 3 | Advanced Communication, Report Writing, Public Speaking, Creative Writing, Critical Analysis of Texts |
| L2 H 201 | Indian Language (e.g., Kannada/Hindi/Sanskrit) | Language | 3 | Advanced Grammar, Literary Criticism, Advanced Composition, Cultural Literature, Public Discourse |
| ECO 201 | Macro Economics - I | Core (Discipline Specific Course - DSC) | 4 | Introduction to Macroeconomics, National Income Accounting, Classical Theory of Employment, Keynesian Theory of Employment, Multiplier and Accelerator |
| ECO 202 | Macro Economics - II | Core (Discipline Specific Course - DSC) | 4 | Money (Demand, Supply, Theories), Inflation (Types, Causes, Control), Banking (Commercial, Central Bank), Monetary Policy, Fiscal Policy and International Trade |
| AEH 202 | Digital Fluency | Ability Enhancement Compulsory Course (AECC) | 2 | Digital Computing Basics, Internet and Web Browsing, Online Communication and Collaboration, Data Security and Privacy, Digital Ethics and Citizenship |
| OE 2 | Open Elective - 2 | Open Elective | 3 | Interdisciplinary subject from other departments |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO 301 | Indian Economy - I | Core (Discipline Specific Course - DSC) | 4 | Basic Characteristics of Indian Economy, Planning in India (Five Year Plans, NITI Aayog), Agricultural Sector (Policies, Green Revolution), Industrial Sector (Policies, MSME), Poverty, Inequality and Unemployment |
| ECO 302 | Development Economics - I | Core (Discipline Specific Course - DSC) | 4 | Economic Growth and Development, Theories of Economic Growth (Classical, Harrod-Domar), Poverty, Inequality and Human Development, Human Capital Formation (Education, Health), Population and Development |
| ECO-SEC 301 | Computer Application in Economics | Skill Enhancement Course (SEC) | 2 | Introduction to Computers and Operating Systems, MS Word for Economic Reports, MS Excel for Data Management and Basic Statistics, MS PowerPoint for Presentations, Internet for Economic Data and Research |
| OE 3 | Open Elective - 3 | Open Elective | 3 | Interdisciplinary subject from other departments |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO 401 | Indian Economy - II | Core (Discipline Specific Course - DSC) | 4 | Service Sector in India, Foreign Trade and Balance of Payments, Foreign Direct Investment (FDI), Economic Reforms (LPG), Public Finance and Social Infrastructure in India |
| ECO 402 | Development Economics - II | Core (Discipline Specific Course - DSC) | 4 | Theories of Underdevelopment (Dependency, Dualism), Role of State in Development, Sustainable Development, International Aid and Debt, Development Planning and Environmental Degradation |
| ECO-SEC 401 | Data Analysis for Economics | Skill Enhancement Course (SEC) | 2 | Introduction to Statistical Software (e.g., SPSS, R), Data Entry, Cleaning and Management, Descriptive Statistics and Visualization using Software, Inferential Statistics for Economic Data, Basic Econometric Applications |
| OE 4 | Open Elective - 4 | Open Elective | 3 | Interdisciplinary subject from other departments |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO 501 | Public Economics - I | Core (Discipline Specific Course - DSC) | 4 | Introduction to Public Economics, Public Goods and Externalities, Public Expenditure Theories, Public Revenue and Taxation Principles, Government Budget Concepts |
| ECO 502 | Quantitative Methods for Economics - I | Core (Discipline Specific Course - DSC) | 4 | Basic Mathematics for Economists (Functions, Equations), Differential Calculus (Derivatives, Optimization), Integral Calculus (Integration, Economic Applications), Statistics Fundamentals (Data Collection, Presentation), Measures of Central Tendency and Dispersion |
| ECO 503 | History of Economic Thought - I | Elective (Discipline Specific Elective - DSE) | 3 | Mercantilism and Physiocracy, Classical School (Adam Smith, David Ricardo, Malthus), Karl Marx''''s Economic Theories, Historical School, Early Socialism and Economic Ideas |
| ECO 505 | Money and Financial Markets - I | Elective (Discipline Specific Elective - DSE) | 3 | Nature and Functions of Money, Quantity Theory of Money, Inflation and Deflation, Financial System Structure and Role, Money Market and Capital Market |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO 601 | Public Economics - II | Core (Discipline Specific Course - DSC) | 4 | Public Debt (Sources, Burden, Management), Fiscal Federalism and Centre-State Relations, Fiscal Policy Objectives and Tools, Budgetary Policy (Fiscal Deficit, Revenue Deficit), Tax Reforms in India |
| ECO 602 | Quantitative Methods for Economics - II | Core (Discipline Specific Course - DSC) | 4 | Probability (Basic Concepts, Distributions), Sampling Methods and Distribution, Hypothesis Testing (t-test, Chi-square test), Correlation and Regression Analysis, Time Series Analysis (Trend, Cyclical, Seasonal) |
| ECO 603 | History of Economic Thought - II | Elective (Discipline Specific Elective - DSE) | 3 | Marginalism and Neoclassical School (Alfred Marshall), Keynesian Revolution, Monetarism (Milton Friedman), Institutional Economics, Indian Economic Thought (Dadabhai Naoroji, M.K. Gandhi) |
| ECO 605 | Money and Financial Markets - II | Elective (Discipline Specific Elective - DSE) | 3 | Central Banking (Functions of RBI), Monetary Policy in India, Commercial Banks and NBFCs, International Financial Institutions (IMF, World Bank), Financial Sector Reforms in India |
