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B-A in Economics at Devi Singh Smarak Mahavidyalaya, Rajnauli Sirsi, Sant Kabir Nagar
Sant Kabir Nagar, Uttar Pradesh
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About the Specialization
What is Economics at Devi Singh Smarak Mahavidyalaya, Rajnauli Sirsi, Sant Kabir Nagar Sant Kabir Nagar?
This Economics program at Devi Singh Smarak Mahavidyalaya, affiliated with Siddharth University, focuses on equipping students with a robust understanding of economic principles and their application in the Indian context. It covers both micro and macro aspects, quantitative analysis, and contemporary issues, preparing students for various roles in government, research, and the private sector amidst India''''s growing economy.
Who Should Apply?
This program is ideal for 10+2 graduates with an interest in societal issues, policy-making, and market dynamics. It suits aspiring economists, researchers, data analysts, and civil service aspirants who wish to understand and contribute to India''''s economic growth. A keen analytical mind and a foundational grasp of mathematics are beneficial prerequisites for success in this field.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as economic analysts, data scientists, policy researchers, or positions in banking and finance. Entry-level salaries typically range from INR 3-5 LPA, with experienced professionals earning INR 8-15 LPA or more. The program also serves as a strong foundation for higher studies like M.A. in Economics, MBA, or preparation for UPSC and other competitive exams.
Student Success Practices
Foundation Stage
Master Core Economic Principles- (Semester 1-2)
Focus on building a strong conceptual understanding of Micro and Macroeconomics. Attend all lectures, actively participate in discussions, and clarify doubts immediately. Use textbooks by Indian authors like H.L. Ahuja for Micro and Macroeconomics, alongside university-recommended readings. Form study groups to discuss complex topics and solve numerical problems.
Tools & Resources
NCERT Economics books (Class 11 & 12), H.L. Ahuja''''s Micro/Macroeconomics, Khan Academy Economics, Study groups
Career Connection
A firm grasp of fundamentals is crucial for advanced courses, competitive exams (UPSC, RBI Grade B), and entry-level analytical roles.
Develop Quantitative Aptitude- (Semester 1-2)
Regularly practice basic mathematical and statistical concepts relevant to economics. Work through exercises on percentages, ratios, basic algebra, and data interpretation. Utilize online platforms for quizzes and practice tests. This builds a strong base for Quantitative Methods in later semesters.
Tools & Resources
RS Aggarwal''''s Quantitative Aptitude, Basic statistics textbooks, Online math/stats practice platforms
Career Connection
Essential for roles requiring data analysis, econometric modeling, and various competitive exams.
Cultivate Reading and Research Habits- (Semester 1-2)
Start reading economic news from reputable Indian sources like ''''The Economic Times'''', ''''Business Standard'''', and ''''Livemint'''' daily. Familiarize yourself with government reports such as the ''''Economic Survey of India'''' and ''''Union Budget''''. This will help in understanding real-world applications and developing critical thinking.
Tools & Resources
The Economic Times, Business Standard, Livemint, RBI Annual Report, Economic Survey of India
Career Connection
Enhances general awareness, critical analysis skills, and prepares for current affairs sections in competitive exams and policy roles.
Intermediate Stage
Engage with Indian Economic Issues- (Semester 3-4)
Deep dive into topics related to the Indian Economy, its challenges, and policy responses. Participate in college debates, essay competitions, and seminars focused on India''''s economic landscape. Research specific sectors like agriculture, industry, or the service sector, understanding their local and national significance.
Tools & Resources
NITI Aayog reports, Ministry of Finance publications, Economic journals on Indian affairs
Career Connection
Prepares for roles in government, public policy think tanks, and research positions focusing on Indian development.
Master Quantitative and Analytical Tools- (Semester 4-5)
Beyond theoretical understanding, focus on applying quantitative methods using software. Learn basic Excel for data management and simple statistical analysis. Consider exploring open-source tools like R or Python for economic data visualization and basic econometrics. Solve case studies involving economic data analysis.
Tools & Resources
Microsoft Excel, R/Python tutorials (online platforms), Statistical software for social sciences
Career Connection
Develops in-demand skills for data analyst, market research, and financial analyst roles.
Network and Seek Mentorship- (Semester 3-5)
Connect with faculty members to discuss career aspirations and seek guidance. Attend webinars or workshops organized by professional bodies or universities on economic topics. Explore opportunities to intern with local businesses, NGOs, or government offices in areas related to economics, even if unpaid, to gain practical exposure.
Tools & Resources
LinkedIn (for professional networking), University career services, Local industry events
Career Connection
Builds professional contacts, clarifies career paths, and opens doors for internships and early career opportunities.
Advanced Stage
Specialize and Project-Based Learning- (Semester 5-6)
Choose elective papers wisely based on career interests, whether it''''s international economics, environmental economics, or applied econometrics. Undertake a mini-research project or a dissertation under faculty guidance. Focus on a specific economic problem or policy challenge, gather data, analyze it, and present findings. This mimics real-world research.
Tools & Resources
Academic research papers, Statistical software (Stata, SPSS, R), University library databases
Career Connection
Develops independent research capabilities, critical for higher studies, research roles, and policy analysis.
Intensive Placement and Competitive Exam Preparation- (Semester 5-6)
Dedicate significant time to preparing for campus placements, if available, or competitive exams like UPSC (Civil Services), RBI Grade B, SSC CGL. Practice interview skills, group discussions, and subject-specific tests. Focus on revision of all major economic concepts and current affairs related to India''''s economy and global economic trends.
Tools & Resources
Online test series for competitive exams, Interview preparation guides, Current affairs magazines
Career Connection
Directly enhances chances for securing employment or admission to prestigious postgraduate programs.
Develop Professional Communication and Soft Skills- (Semester 5-6)
Participate in mock interviews, presentation sessions, and communication workshops. Learn to articulate complex economic ideas clearly and concisely, both orally and in writing. Focus on building teamwork and leadership skills through organizing college events or volunteering. These ''''soft skills'''' are highly valued in any professional setting.
Tools & Resources
Toastmasters clubs (if available), Presentation software (PowerPoint, Google Slides), Public speaking guides
Career Connection
Crucial for career progression, effective collaboration, and leadership roles in any economic-related profession.
Program Structure and Curriculum
Eligibility:
- 10+2 (Intermediate) in any stream from a recognized board.
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 |
|---|---|---|---|---|
| A050101T | Microeconomics | Core (Major) | 4 | Nature and Scope of Economics, Demand and Supply Analysis, Consumer Behavior Theories, Production and Cost Analysis, Market Structures and Pricing |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A050201T | Macroeconomics | Core (Major) | 4 | National Income Accounting, Theories of Output and Employment, Consumption and Investment Functions, Money and Banking, Inflation and Unemployment |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A050301T | Money, Banking and Public Finance | Core (Major) | 4 | Functions and Theories of Money, Commercial and Central Banking, Monetary Policy, Public Revenue and Expenditure, Fiscal Policy and Budget |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A050401T | Indian Economy | Core (Major) | 4 | Features of Indian Economy, Economic Planning in India, Agriculture and Industrial Policy, Poverty, Unemployment and Inequality, Economic Reforms since 1991 |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A050501T | Quantitative Methods for Economic Analysis | Core (Major) | 4 | Measures of Central Tendency and Dispersion, Correlation and Regression Analysis, Index Numbers and Time Series, Basic Calculus for Economics, Matrix Algebra for Economics |
| A050502T | Development Economics | Core (Major) | 4 | Concepts of Economic Development, Theories of Underdevelopment, Poverty and Income Inequality, Human Development Index, Role of State and Market in Development |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A050601T | International Economics | Core (Major) | 4 | Theories of International Trade, Terms of Trade and Trade Barriers, Balance of Payments, Exchange Rate Regimes, International Economic Institutions |
| A050602T | Environmental Economics | Core (Major) / Elective | 4 | Economy-Environment Interaction, Environmental Pollution and Control, Resource Economics, Sustainable Development, Environmental Policy and Valuation |
