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BA-HONS-ECONOMICS in General at Delhi College of Arts and Commerce
Delhi, Delhi
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About the Specialization
What is General at Delhi College of Arts and Commerce Delhi?
This BA (Hons) Economics program at Delhi College of Arts and Commerce focuses on building a strong theoretical and empirical foundation in economics. It covers microeconomics, macroeconomics, econometrics, and mathematical methods, along with an in-depth understanding of the Indian economy. The program emphasizes analytical thinking and problem-solving skills, crucial for navigating India''''s rapidly evolving economic landscape, from policy-making to market analysis.
Who Should Apply?
This program is ideal for fresh graduates seeking entry into diverse economic roles, working professionals aiming to upskill in economic analysis, and career changers transitioning into data-driven or policy-oriented fields. Candidates with a strong aptitude for mathematics, logical reasoning, and an interest in understanding societal and market dynamics will thrive. It caters to those aspiring for civil services, academia, or private sector roles.
Why Choose This Course?
Graduates of this program can expect diverse India-specific career paths in economic research, data analytics, financial services, policy advocacy, and public administration. Entry-level salaries range from INR 4-7 LPA, with experienced professionals earning INR 10-25+ LPA in leading Indian firms, banks, and consulting agencies. Graduates are well-prepared for competitive exams, postgraduate studies in India and abroad, and roles contributing to India''''s economic growth.
Student Success Practices
Foundation Stage
Strengthen Core Economic & Math Fundamentals- (Semester 1-2)
Dedicate significant time to mastering introductory microeconomics, macroeconomics, mathematical methods, and statistics. Actively participate in tutorials, solve problem sets diligently, and clarify doubts immediately. A strong grasp of these basics is crucial for advanced courses and ensures a solid conceptual foundation for economic reasoning.
Tools & Resources
Textbooks (e.g., Mankiw, Pindyck, Mas-Colell for Economics; Alpha C. Chiang for Math), University tutorial groups, Peer study sessions
Career Connection
A robust foundation translates directly to higher scores in entrance exams for postgraduate studies and enables faster comprehension of complex economic models used in professional analysis.
Cultivate Analytical and Quantitative Skills- (Semester 1-2)
Beyond theoretical understanding, focus on applying quantitative tools. Practice problem-solving from diverse sources, engage with real-world economic data through basic statistical exercises, and use software like Excel for computations. This hands-on approach builds critical thinking and data interpretation abilities.
Tools & Resources
Past year question papers, Online practice platforms for math and stats, Basic Excel tutorials, NCERT books for foundational clarity
Career Connection
These skills are highly sought after by employers in finance, consulting, and data analytics, enhancing employability and internship prospects.
Engage in Economic Current Affairs and Debates- (Semester 1-2)
Regularly read reputable economic newspapers (e.g., The Economic Times, Business Standard), magazines (e.g., EPW), and follow economic policy discussions. Participate in college debates or economic society activities. This broadens perspective, connects theory to reality, and improves communication skills.
Tools & Resources
The Economic Times (e-paper/app), Mint newspaper, RBI Bulletin, College Economic Society events
Career Connection
Develops informed opinions, enhances interview performance for jobs and higher education, and fosters an understanding of India''''s economic challenges.
Intermediate Stage
Dive into Econometrics and Data Analysis Tools- (Semester 3-5)
Master econometrics by actively working with real datasets using statistical software like R, Stata, or Python. Pursue online courses or workshops to gain practical proficiency. This practical skill is indispensable for economic research and data-driven roles.
Tools & Resources
RStudio, Python (with Pandas, NumPy, StatsModels), Stata, Coursera/edX courses on Econometrics/Data Science, NPTEL lectures
Career Connection
Directly prepares students for roles as economic analysts, data scientists, and research associates, opening doors to highly paid analytical positions.
Seek Internships and Research Assistantships- (Semester 3-5)
Actively look for internships during summer and winter breaks at research institutions (e.g., NCAER, ICRIER), NGOs, consulting firms, or startups. Even short-term research assistant roles with professors can provide invaluable experience and networking opportunities within the Indian economic ecosystem.
Tools & Resources
LinkedIn, Internshala, College placement cell, Faculty networks
Career Connection
Gains practical exposure, builds professional networks, strengthens CV for placements and higher studies, and often leads to pre-placement offers.
Participate in Economic Competitions and Workshops- (Semester 3-5)
Engage in inter-college economic quizzes, essay competitions, policy formulation challenges, and workshops on specific economic topics or software. These activities sharpen problem-solving, teamwork, and presentation skills, offering a competitive edge.
Tools & Resources
College festival events, Delhi University inter-college competitions, Webinars by economic think tanks
Career Connection
Develops a competitive spirit, showcases skills beyond academics, and adds valuable achievements to academic profiles, impressing potential employers.
Advanced Stage
Undertake a Comprehensive Research Project/Dissertation- (Semester 6-8)
Work on an independent research project or the optional dissertation in a chosen area of economics, applying the theoretical and empirical skills acquired. This demonstrates specialized knowledge, research capabilities, and critical analytical thinking.
Tools & Resources
Access to university library resources, Statistical software, Guidance from faculty mentors, Research paper databases (JSTOR, EconLit)
Career Connection
A strong research project is a significant asset for PhD applications, research-oriented roles, and high-level analytical positions in Indian policy bodies or industry.
Specialize through Electives and Advanced Learning- (Semester 6-8)
Strategically choose Discipline Specific Electives (DSEs) and Generic Electives (GEs) that align with career aspirations (e.g., finance, public policy, development). Supplement classroom learning with advanced online courses or certifications in specialized areas to deepen expertise.
Tools & Resources
DU DSE/GE options, NISM certifications for finance, Online courses from top universities (e.g., LSE, MIT)
Career Connection
Builds a specialized skill set highly valued in niche markets, making graduates more competitive for specific roles and advanced degree programs.
Intensive Placement and Higher Education Preparation- (Semester 6-8)
Actively participate in placement cell activities, attend resume building workshops, and practice mock interviews. For higher education, prepare rigorously for competitive exams like CAT, GRE, GMAT, or entrance exams for top Indian universities, focusing on quantitative and logical reasoning.
Tools & Resources
College placement cell, Career counseling services, Online test prep platforms, Alumni network for guidance
Career Connection
Maximizes chances of securing top placements in India''''s leading companies or gaining admission to prestigious national and international postgraduate programs, ensuring a strong career launch.
Program Structure and Curriculum
Eligibility:
- Passed Class XII or its equivalent from a recognized board. Admission based on CUET (UG) 2024 scores. Compulsory subjects for CUET: 1 Language from List A + Mathematics + Any two subjects from List B1.
Duration: 4 years (8 semesters)
Credits: 164-176 (160 minimum for award, 176 including optional dissertation) Credits
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-1 | Introductory Microeconomics | Core | 4 | Scarcity and Choice, Demand and Supply, Consumer Behavior, Production and Cost, Market Structures |
| DSC-2 | Mathematical Methods for Economics – I | Core | 4 | Sets and Real Numbers, Functions and Graphs, Differential Calculus, Multivariable Optimization, Sequences and Series |
| DSC-3 | Introductory Statistics for Economics | Core | 4 | Probability Theory, Random Variables, Sampling Distributions, Estimation, Hypothesis Testing |
| GE-1 | Generic Elective – I | Elective (Student Choice) | 4 | Student chooses one subject from a university-wide list of Generic Electives. Key topics vary based on the chosen subject. |
| AEC-1 | Environmental Studies | Ability Enhancement Course | 2 | Natural Resources, Ecosystems, Biodiversity Conservation, Environmental Pollution, Environmental Policies |
| SEC-1 | Academic Writing and Composition | Skill Enhancement Course | 2 | Writing Process, Argumentation, Research Skills, Referencing, Academic Honesty |
| VAC-1 | Constitutional Values and Fundamental Duties | Value Addition Course | 2 | Indian Constitution, Preamble, Fundamental Rights, Fundamental Duties, Directive Principles |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-4 | Introductory Macroeconomics | Core | 4 | National Income Accounting, Goods Market, Financial Markets, IS-LM Model, Aggregate Demand and Supply |
| DSC-5 | Mathematical Methods for Economics – II | Core | 4 | Linear Algebra, Integration, Differential Equations, Difference Equations, Economic Applications |
| DSC-6 | Intermediate Statistics for Economics | Core | 4 | Probability Distributions, Central Limit Theorem, Hypothesis Testing, Analysis of Variance, Correlation and Regression |
| GE-2 | Generic Elective – II | Elective (Student Choice) | 4 | Student chooses one subject from a university-wide list of Generic Electives. Key topics vary based on the chosen subject. |
| AEC-2 | English/MIL Communication | Ability Enhancement Course | 2 | Reading Comprehension, Writing Skills, Listening and Speaking, Vocabulary and Grammar, Presentation Skills |
| SEC-2 | Introduction to R Programming | Skill Enhancement Course | 2 | R Basics, Data Structures in R, Data Import/Export, Data Visualization, Statistical Modeling in R |
| VAC-2 | Emotional Intelligence | Value Addition Course | 2 | Understanding Emotions, Self-Awareness, Self-Regulation, Motivation, Social Skills |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-7 | Intermediate Microeconomics – I | Core | 4 | Consumer Preferences, Utility Maximization, Production Functions, Cost Minimization, Perfect Competition |
| DSC-8 | Intermediate Macroeconomics – I | Core | 4 | Keynesian Model, Monetary and Fiscal Policy, Consumption and Investment, Inflation and Unemployment, Open Economy Macroeconomics |
| DSC-9 | Introductory Econometrics | Core | 4 | Simple Linear Regression, Multiple Regression, Classical Assumptions, Hypothesis Testing, Regression Diagnostics |
| GE-3 | Generic Elective – III | Elective (Student Choice) | 4 | Student chooses one subject from a university-wide list of Generic Electives. Key topics vary based on the chosen subject. |
| SEC-3 | Data Envelopment Analysis | Skill Enhancement Course | 2 | Efficiency Measurement, DEA Models, Input-Output Orientation, Returns to Scale, Practical Applications |
| VAC-3 | Ethics and Values in Ancient Indian Traditions | Value Addition Course | 2 | Concept of Dharma, Karma Philosophy, Ashrama System, Purusharthas, Ethical Dilemmas |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-10 | Intermediate Microeconomics – II | Core | 4 | Monopoly and Price Discrimination, Oligopoly Models, Game Theory, General Equilibrium, Welfare Economics |
| DSC-11 | Intermediate Macroeconomics – II | Core | 4 | Expectations and Asset Markets, Business Cycles, Growth Theory, Consumption and Investment Theories, Fiscal and Monetary Policy Debates |
| DSC-12 | Indian Economy – I | Core | 4 | Economic Development of India, Agriculture Sector, Industry Sector, Services Sector, Poverty and Inequality |
| GE-4 | Generic Elective – IV | Elective (Student Choice) | 4 | Student chooses one subject from a university-wide list of Generic Electives. Key topics vary based on the chosen subject. |
| SEC-4 | Financial Literacy | Skill Enhancement Course | 2 | Budgeting and Saving, Investment Basics, Banking Services, Credit and Debt Management, Insurance and Retirement Planning |
| VAC-4 | The Art of Being Happy | Value Addition Course | 2 | Positive Psychology, Well-being Concepts, Mindfulness Practices, Resilience Building, Happiness Strategies |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-13 | Advanced Microeconomics | Core | 4 | Risk and Uncertainty, Asymmetric Information, Externalities, Public Goods, Behavioral Economics Insights |
| DSC-14 | Development Economics | Core | 4 | Theories of Economic Growth, Poverty and Inequality, Human Capital, Agriculture and Rural Development, International Aid and Development |
| DSE-1 | Discipline Specific Elective – I | Elective (Student Choice) | 4 | Student chooses one subject from options like Public Economics, Economic History, Financial Economics, Industrial Economics, Economics of Health and Education. Key topics vary based on the chosen subject. |
| DSE-2 | Discipline Specific Elective – II | Elective (Student Choice) | 4 | Student chooses one subject from options like Public Economics, Economic History, Financial Economics, Industrial Economics, Economics of Health and Education. Key topics vary based on the chosen subject. |
| GE-5 | Generic Elective – V | Elective (Student Choice) | 4 | Student chooses one subject from a university-wide list of Generic Electives. Key topics vary based on the chosen subject. |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-15 | Advanced Macroeconomics | Core | 4 | Dynamic Stochastic General Equilibrium, Rational Expectations, New Keynesian Economics, Business Cycle Models, Monetary Policy Rules |
| DSC-16 | Indian Economy – II | Core | 4 | Fiscal Policy in India, Monetary Policy in India, Trade and Exchange Rate Policy, Financial Sector Reforms, Sustainable Development Challenges |
| DSE-3 | Discipline Specific Elective – III | Elective (Student Choice) | 4 | Student chooses one subject from options like Environmental Economics, International Trade, Basic Econometrics, International Finance, Growth and Development. Key topics vary based on the chosen subject. |
| DSE-4 | Discipline Specific Elective – IV | Elective (Student Choice) | 4 | Student chooses one subject from options like Environmental Economics, International Trade, Basic Econometrics, International Finance, Growth and Development. Key topics vary based on the chosen subject. |
| GE-6 | Generic Elective – VI | Elective (Student Choice) | 4 | Student chooses one subject from a university-wide list of Generic Electives. Key topics vary based on the chosen subject. |
Semester 7
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-17 | Principles of Econometrics | Core | 4 | Generalized Least Squares, Endogeneity, Panel Data Models, Time Series Analysis, Limited Dependent Variable Models |
| DSC-18 | Economic Growth and Development | Core | 4 | Sources of Growth, Poverty Traps, Institutions and Development, Population and Migration, Health and Education in Development |
| DSE-5 | Discipline Specific Elective – V | Elective (Student Choice) | 4 | Student chooses one subject from options like Advanced Econometrics, Game Theory, Behavioral Economics, Monetary Economics. Key topics vary based on the chosen subject. |
| DSE-6 | Discipline Specific Elective – VI | Elective (Student Choice) | 4 | Student chooses one subject from options like Advanced Econometrics, Game Theory, Behavioral Economics, Monetary Economics. Key topics vary based on the chosen subject. |
| GE-7 | Generic Elective – VII | Elective (Student Choice) | 4 | Student chooses one subject from a university-wide list of Generic Electives. Key topics vary based on the chosen subject. |
| DISS-1 | Dissertation/Project – I | Project (Optional) | 6 | Research Methodology, Literature Review, Data Collection, Empirical Analysis, Report Writing |
Semester 8
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-19 | Public Finance | Core | 4 | Public Goods Theory, Externalities and Pigouvian Taxes, Taxation Principles, Public Expenditure, Fiscal Federalism in India |
| DSC-20 | International Economics | Core | 4 | Theories of International Trade, Trade Policy Instruments, Balance of Payments, Exchange Rate Regimes, International Financial Crises |
| DSE-7 | Discipline Specific Elective – VII | Elective (Student Choice) | 4 | Student chooses one subject from options like Applied Econometrics, Experimental Economics, Urban Economics, Law and Economics. Key topics vary based on the chosen subject. |
| DSE-8 | Discipline Specific Elective – VIII | Elective (Student Choice) | 4 | Student chooses one subject from options like Applied Econometrics, Experimental Economics, Urban Economics, Law and Economics. Key topics vary based on the chosen subject. |
| GE-8 | Generic Elective – VIII | Elective (Student Choice) | 4 | Student chooses one subject from a university-wide list of Generic Electives. Key topics vary based on the chosen subject. |
| DISS-2 | Dissertation/Project – II | Project (Optional) | 6 | Advanced Research Techniques, Statistical Software Application, Interpretation of Results, Academic Presentation, Policy Implications |
