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BACHELOR-OF-ARTS-BA in Economics at DAV Mahila College, Katras
Dhanbad, Jharkhand
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About the Specialization
What is Economics at DAV Mahila College, Katras Dhanbad?
This Bachelor of Arts (BA) in Economics program at D.A.V. Mahila Mahavidyalaya, Dhanbad, focuses on equipping students with a robust understanding of economic theories, policies, and analytical tools. It delves into microeconomic principles, macroeconomic dynamics, quantitative methods, and the intricacies of the Indian economy, preparing graduates for a range of analytical and policy-oriented roles in the diverse Indian market.
Who Should Apply?
This program is ideal for fresh graduates who have completed 10+2 and possess an analytical mindset with an interest in understanding economic phenomena. It also suits individuals aspiring for careers in government services, banking, financial analysis, research, and data-driven roles, providing a strong foundation for further postgraduate studies in economics or management within India.
Why Choose This Course?
Graduates of this program can expect to pursue various career paths in India, including roles as economic analysts, market researchers, policy advisors, financial advisors, or banking professionals. Entry-level salaries typically range from INR 2.5 to 4.5 lakhs per annum, with significant growth trajectories for experienced professionals in both the private and public sectors. It also prepares for UPSC, RBI Grade B, and other competitive exams.
Student Success Practices
Foundation Stage
Master Core Economic Concepts and Math Foundations- (Semester 1-2)
Dedicate significant time to understanding fundamental microeconomic and macroeconomic theories, along with essential mathematical methods. Attend all lectures, actively participate in tutorials, and solve practice problems regularly. Utilize online resources like NPTEL lectures, Khan Academy for math, and NCERT Economics textbooks for conceptual clarity.
Tools & Resources
NPTEL (Economics/Maths), Khan Academy, NCERT Class 11/12 Economics, College library resources
Career Connection
A strong grasp of fundamentals is crucial for higher-level courses, competitive exams (UPSC, RBI, SSC CGL), and analytical roles in finance or research, forming the bedrock for informed economic decision-making.
Develop Academic Writing and Communication Skills- (Semester 1-2)
Focus on improving English communication and academic writing through AECC courses. Practice writing structured essays, reports, and presentations. Join college debate clubs or participate in public speaking events to enhance verbal communication and articulation of economic ideas.
Tools & Resources
Grammarly, Purdue OWL, College debate/literary societies, TOEFL/IELTS practice materials
Career Connection
Effective communication is vital for explaining complex economic concepts to diverse audiences, report writing in corporate/government roles, and acing interviews for placements and further studies.
Engage in Peer Learning and Study Groups- (Semester 1-2)
Form study groups with classmates to discuss challenging topics, solve numerical problems, and prepare for exams. Teaching concepts to peers strengthens your own understanding and exposes you to different perspectives. Utilize college common areas or online collaboration tools for group studies.
Tools & Resources
Google Meet/Zoom for virtual study groups, Shared notes via Google Docs, College common rooms
Career Connection
Develops teamwork skills, critical thinking, and problem-solving abilities, which are highly valued in any professional environment and beneficial for group projects in future roles.
Intermediate Stage
Acquire Data Analysis and Statistical Software Skills- (Semester 3-4)
Go beyond theoretical statistics and econometrics by gaining practical experience with data analysis software. Utilize SEC courses to learn MS Excel, R, or Python for statistical applications. Work on small data projects or case studies to apply statistical methods to economic data.
Tools & Resources
MS Excel, R/Python (tutorials on DataCamp, Coursera), SPSS (if available in labs), Real-world datasets (e.g., from RBI, NSSO)
Career Connection
Highly demanded skill for roles like data analyst, market researcher, and business intelligence analyst in Indian firms, enhancing employability significantly.
Internship/Project Work on Indian Economy Issues- (Semester 3-5)
Seek short-term internships during breaks with NGOs, local research institutions, or small businesses focusing on socio-economic issues in Jharkhand or India. Alternatively, undertake research projects under faculty guidance exploring specific challenges or policies of the Indian economy.
Tools & Resources
Internshala, LetsIntern, Faculty mentors, Economic survey/budget documents
Career Connection
Provides practical exposure to the Indian economic landscape, builds a professional network, and strengthens CVs for placements in government, consulting, or banking sectors in India.
Participate in Economic Seminars, Workshops, and Quizzes- (Semester 3-5)
Actively attend departmental seminars, workshops by visiting faculty or industry experts on current economic topics, and inter-college economic quizzes. This broadens your knowledge, encourages critical thinking, and fosters intellectual engagement beyond the curriculum.
Tools & Resources
College notice boards, Departmental faculty for information, Online economic news portals (e.g., Livemint, Economic Times)
Career Connection
Enhances networking opportunities, provides insights into career paths, and improves quick problem-solving and general awareness vital for competitive exams and interviews.
Advanced Stage
Intensive Preparation for Higher Education/Competitive Exams- (Semester 5-6)
If aiming for higher studies (MA Economics, MBA) or competitive exams (UPSC, RBI Grade B), start focused preparation. Enroll in coaching classes if needed, solve previous year''''s papers, and work on subject-specific weaknesses. Focus on interview skills and general knowledge.
Tools & Resources
UPSC/RBI previous year papers, Online coaching platforms, Test series, Mentorship from seniors/alumni
Career Connection
Directly impacts success in securing admission to prestigious Indian universities or landing coveted government and public sector jobs.
Build a Professional Portfolio and Networking- (Semester 5-6)
Document all projects, internships, and skill enhancements. Create a professional LinkedIn profile, connect with alumni, faculty, and industry professionals. Attend job fairs and recruitment drives organized by the college or university. Prepare a strong resume and cover letter tailored to specific roles.
Tools & Resources
LinkedIn, Resume builders (Canva), College placement cell, Alumni network
Career Connection
Crucial for job search and placements, building visibility, and identifying opportunities in the Indian job market across various economic roles.
Specialize through Discipline Specific Electives (DSEs)- (Semester 5-6)
Carefully choose DSE subjects in Semester 5 and 6 that align with your career interests (e.g., Public Economics for civil services, Financial Economics for banking, Environmental Economics for sustainable development roles). Delve deeper into these chosen areas through advanced readings and project work.
Tools & Resources
Specialized textbooks, Research papers (JSTOR, Google Scholar), Industry reports in chosen DSE area
Career Connection
Provides a competitive edge by allowing specialized knowledge acquisition, making you a more attractive candidate for specific roles and industries in India.
Program Structure and Curriculum
Eligibility:
- 10+2 (Intermediate) examination passed from any recognized Board/Council with at least 45% marks in aggregate or equivalent.
Duration: 3 years (6 semesters)
Credits: 148 Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECOHC101T | Introductory Microeconomics | Core Course (CC) | 6 | Basic problems of an economy, Demand and Supply, Consumer Behavior (Utility and Indifference Curves), Production and Cost Analysis, Market Structures (Perfect Competition) |
| ECOHC102T | Mathematical Methods for Economics-I | Core Course (CC) | 6 | Basic Algebra and Functions, Matrices and Determinants, Limits and Continuity, Differentiation (Univariate), Optimization Techniques |
| AECC-1 | Environmental Studies | Ability Enhancement Compulsory Course (AECC) | 4 | Multidisciplinary nature of environmental studies, Natural Resources, Ecosystems, Biodiversity and its conservation, Environmental Pollution |
| GE-1 | Generic Elective - I | Generic Elective (GE) | 6 | Chosen from another discipline (e.g., Political Science, History, Sociology), Basic concepts of the chosen discipline, Core theories and methodologies, Contemporary issues, Relevance to society |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECOHC203T | Introductory Macroeconomics | Core Course (CC) | 6 | National Income Accounting, Determination of Output and Employment, Money, Banking and Inflation, IS-LM Model, Open Economy Macroeconomics |
| ECOHC204T | Mathematical Methods for Economics-II | Core Course (CC) | 6 | Integration, Differential Equations, Difference Equations, Linear Programming, Game Theory (Introduction) |
| AECC-2 | English Communication | Ability Enhancement Compulsory Course (AECC) | 4 | Theory of Communication, Language of Communication, Writing Skills, Speaking Skills, Reading Comprehension |
| GE-2 | Generic Elective - II | Generic Elective (GE) | 6 | Chosen from another discipline (e.g., Political Science, History, Sociology), Advanced concepts of the chosen discipline, Analytical frameworks, Comparative studies, Policy implications |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECOHC305T | Intermediate Microeconomics-I | Core Course (CC) | 6 | Consumer Theory (advanced), Producer Theory (advanced), Cost and Revenue Curves, Perfect and Imperfect Competition, General Equilibrium |
| ECOHC306T | Intermediate Macroeconomics-I | Core Course (CC) | 6 | The Closed Economy in the Short Run, Consumption and Investment Theories, Money, Banking and Financial Markets, Aggregate Demand and Aggregate Supply, Inflation and Unemployment |
| ECOHC307T | Statistical Methods for Economics | Core Course (CC) | 6 | Measures of Central Tendency and Dispersion, Probability Theory, Sampling Methods and Distributions, Hypothesis Testing, Correlation and Regression |
| SEC-1 | Skill Enhancement Course - I (e.g., Computer Applications in Economics) | Skill Enhancement Course (SEC) | 4 | MS Excel for data analysis, SPSS/R fundamentals, Database concepts, Basic statistical software applications, Data presentation and visualization |
| GE-3 | Generic Elective - III | Generic Elective (GE) | 6 | Interdisciplinary subject, Application of core concepts, Problem-solving approaches, Critical thinking skills, Case study analysis |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECOHC408T | Intermediate Microeconomics-II | Core Course (CC) | 6 | Factor Pricing, Welfare Economics, Market Failure and Externalities, Public Goods and Asymmetric Information, Risk and Uncertainty |
| ECOHC409T | Intermediate Macroeconomics-II | Core Course (CC) | 6 | Fiscal and Monetary Policy, Economic Growth Theories, Open Economy Macroeconomics (advanced), Exchange Rates and Balance of Payments, Recent Macroeconomic Debates |
| ECOHC410T | Introductory Econometrics | Core Course (CC) | 6 | Nature and Scope of Econometrics, Simple Linear Regression Model, Multiple Regression Analysis, Violations of Classical Assumptions, Dummy Variables and Forecasting |
| SEC-2 | Skill Enhancement Course - II (e.g., Research Methodology) | Skill Enhancement Course (SEC) | 4 | Research problem formulation, Literature review, Data collection methods, Report writing and referencing, Ethics in research |
| GE-4 | Generic Elective - IV | Generic Elective (GE) | 6 | Advanced interdisciplinary topics, Project-based learning, Field studies or surveys, Ethical considerations, Societal impact of chosen field |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECOHC511T | Indian Economy-I | Core Course (CC) | 6 | Structure of Indian Economy, Indian Agriculture, Indian Industry, Services Sector in India, Economic Reforms in India |
| ECOHC512T | Development Economics-I | Core Course (CC) | 6 | Concepts of Development, Theories of Economic Growth, Poverty and Inequality, Human Capital, Population and Development |
| ECOHDSE501A | Discipline Specific Elective - I (e.g., Public Economics) | Discipline Specific Elective (DSE) | 6 | Role of Government in the Economy, Public Goods and Externalities, Taxation, Public Expenditure, Fiscal Policy and Budget |
| ECOHDSE502A | Discipline Specific Elective - II (e.g., Financial Economics) | Discipline Specific Elective (DSE) | 6 | Financial Markets and Institutions, Risk and Return, Portfolio Theory, Asset Pricing Models, Derivatives Markets |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECOHC613T | Indian Economy-II | Core Course (CC) | 6 | Economic Planning in India, Poverty, Unemployment, and Inequality in India, Foreign Trade and Balance of Payments, Financial Sector in India, Contemporary Economic Issues of India |
| ECOHC614T | Development Economics-II | Core Course (CC) | 6 | International Trade and Development, Role of Institutions in Development, Environment and Development, Globalization and Development, Development Policies and Planning |
| ECOHDSE603A | Discipline Specific Elective - III (e.g., International Economics) | Discipline Specific Elective (DSE) | 6 | Theories of International Trade, Tariffs and Non-Tariff Barriers, Balance of Payments, Foreign Exchange Market, International Economic Institutions |
| ECOHDSE604A | Discipline Specific Elective - IV (e.g., Environmental Economics) | Discipline Specific Elective (DSE) | 6 | Economics and Environment Interaction, Environmental Valuation, Environmental Policy Instruments, Sustainable Development, Climate Change Economics |
