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BACHELOR-OF-ARTS in Economics at Dhirendra Mahila Post Graduate College
Varanasi, Uttar Pradesh
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About the Specialization
What is Economics at Dhirendra Mahila Post Graduate College Varanasi?
This Economics program at Dhirendra Mahila Post Graduate College, Varanasi, focuses on providing a comprehensive understanding of economic principles, theories, and their application to real-world issues. Rooted in the context of the Indian economy, it explores micro and macro-economic concepts, public finance, international economics, and introduces essential tools like econometrics and statistics. The curriculum aims to foster critical thinking about economic policies and developmental challenges in India.
Who Should Apply?
This program is ideal for 10+2 graduates with an analytical mindset and a keen interest in understanding societal economic dynamics. It suits those aspiring to careers in public service, economic analysis, or further academic pursuits. Students with a background in commerce or humanities looking to delve into policy-making, market analysis, or research in India''''s growing economy will find this specialization particularly beneficial.
Why Choose This Course?
Graduates of this program can expect to pursue diverse career paths in India, including roles as economic analysts, researchers, data analysts, or policy advisors. Entry-level salaries typically range from INR 2.5 to 4.5 lakhs annually, with significant growth potential in government, banking, or corporate sectors. The strong foundational knowledge also prepares students for competitive exams like UPSC and for postgraduate studies in Economics.
Student Success Practices
Foundation Stage
Build Strong Conceptual Foundations in Core Economics- (Semester 1-2)
Focus on mastering fundamental micro and macroeconomics concepts introduced in the first year. Attend all lectures, take detailed notes, and actively participate in discussions. Regularly revise topics like demand-supply, national income, and inflation using prescribed textbooks and supplementary resources.
Tools & Resources
NCERT Economics textbooks (Class XI, XII), Standard Indian authors for Micro/Macroeconomics, Khan Academy, NPTEL videos for conceptual clarity
Career Connection
A solid foundation is crucial for understanding advanced topics, excelling in competitive exams (UPSC, RBI Grade B), and securing entry-level analytical roles requiring basic economic understanding.
Develop Analytical & Quantitative Skills Early- (Semester 1-2)
Begin honing analytical skills by solving numerical problems in microeconomics and understanding economic models. Engage with data interpretation exercises, even informal ones, to prepare for future quantitative subjects. Participate in college debates or essay competitions on economic topics to foster critical thinking.
Tools & Resources
Practice problems in textbooks, Past year university papers, Economic news analyses (The Economic Times, Livemint)
Career Connection
Early development of analytical skills is vital for roles in research, data analysis, and policy formulation, which are abundant in India''''s public and private sectors.
Engage with Economic News and Current Affairs- (Semester 1-2)
Make it a daily habit to read reputable economic newspapers or watch business news channels to connect theoretical concepts with real-world events in India. Understand government policies, market trends, and their implications on the Indian economy.
Tools & Resources
The Economic Times, Business Standard, Livemint, RBI Website (for policy updates), PRS Legislative Research (for policy briefs)
Career Connection
Staying updated is essential for interviews, competitive exams, and for being an informed citizen and professional in any economic-related field, particularly within the Indian context.
Intermediate Stage
Master Economic Statistics and Data Interpretation- (Semester 3-4)
Dedicate significant effort to understanding economic statistics, including central tendency, dispersion, correlation, and regression. Practice applying these concepts using basic software like MS Excel if available, or manual calculations as per syllabus requirements, focusing on Indian economic data.
Tools & Resources
Books on Economic Statistics, NPTEL courses on basic statistics, YouTube tutorials for Excel functions, Data from CSO/NSSO reports
Career Connection
Strong statistical skills are highly valued in market research, financial analysis, and government data-driven roles, significantly enhancing employability in India''''s data-rich environment.
Deep Dive into Indian Economic Challenges- (Semester 3-4)
Beyond textbook knowledge, actively research and write assignments on contemporary Indian economic issues like poverty, unemployment, agricultural reforms, industrial policies, and sustainable development. Participate in seminars or workshops focused on India''''s development trajectory.
Tools & Resources
Reports from NITI Aayog, RBI, World Bank India, Articles from reputable economic journals (e.g., Economic & Political Weekly)
Career Connection
A deep understanding of the Indian economy is critical for roles in government, the development sector, think tanks, and domestic corporations, providing a competitive edge.
Explore Entry-Level Internships & Projects- (Semester 4-5)
Seek out short-term internships, even unpaid, with local NGOs, small businesses, or college faculty on research projects. This provides practical exposure to data collection, basic analysis, and problem-solving in a real-world context, especially relevant to local economic issues.
Tools & Resources
College placement cell, Local job portals, LinkedIn, Networking with professors
Career Connection
Internships provide invaluable experience, build a professional network, and enhance resumes for future placements and higher studies, demonstrating practical application of economic theory.
Advanced Stage
Specialize in Applied Economics & Basic Econometrics- (Semester 5-6)
Focus on mastering public finance, international economics, development economics, and the foundational elements of econometrics. For econometrics, practice using statistical software (even open-source ones like R or Python if possible) for basic regression analysis, linking theory to practical application.
Tools & Resources
Specific textbooks for Public Finance, International Economics, Econometrics, Online courses on R/Python for data analysis (Coursera, edX)
Career Connection
Advanced specialized knowledge and basic econometric skills are highly sought after for roles in economic consulting, policy analysis, and advanced research, commanding higher salaries in the Indian market.
Comprehensive Placement & Competitive Exam Preparation- (Semester 5-6)
Begin intensive preparation for campus placements or competitive exams like UPSC, State PSCs, or RBI Grade B. Focus on revising the entire syllabus, practicing mock tests, improving communication skills, and preparing for interviews specific to economic roles.
Tools & Resources
Coaching centers (if opted for), Online mock test series, Group study, Career counseling services, Interview preparation guides
Career Connection
Dedicated preparation is key to securing desired jobs or clearing prestigious government examinations, which offer stable and impactful careers in India''''s public sector and beyond.
Develop Research Project & Presentation Skills- (Semester 5-6)
Actively engage in any mandatory or optional research projects, focusing on in-depth analysis of an economic problem, ideally related to India''''s development. This is also a good time to work on a final year project or dissertation. Refine presentation skills by presenting findings in college seminars or workshops.
Tools & Resources
Academic databases, Research methodology books, Presentation software (PowerPoint, Google Slides), Peer feedback sessions
Career Connection
Strong research and presentation skills are crucial for academic pursuits, think tanks, and roles requiring report writing and effective communication in the professional sphere, enhancing intellectual contributions.
Program Structure and Curriculum
Eligibility:
- 10+2 or equivalent from a recognized board (General BA eligibility)
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 |
|---|---|---|---|---|
| ECOM0101 | व्यष्टि अर्थशास्त्र (Micro Economics) | Core (Major) | 4 | अर्थशास्त्र की प्रकृति एवं क्षेत्र (Nature and Scope of Economics), मांग का नियम एवं मांग की लोच (Law of Demand and Elasticity of Demand), उपभोक्ता व्यवहार: उपयोगिता विश्लेषण एवं तटस्थता वक्र (Consumer Behavior: Utility Analysis & Indifference Curve), उत्पादन फलन (Production Function), बाजार के स्वरूप (Forms of Market) |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECOM0201 | समष्टि अर्थशास्त्र (Macro Economics) | Core (Major) | 4 | समष्टि अर्थशास्त्र का परिचय (Introduction to Macro Economics), राष्ट्रीय आय की अवधारणा (Concepts of National Income), रोजगार एवं उपभोग फलन के सिद्धांत (Theories of Employment and Consumption Function), मुद्रास्फीति (Inflation), मुद्रा एवं बैंकिंग (Money and Banking) |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECOM0301 | आर्थिक सांख्यिकी (Economic Statistics) | Core (Major) | 4 | सांख्यिकी की अवधारणा (Concept of Statistics), समंकों का संकलन एवं सारणीयन (Collection and Tabulation of Data), केन्द्रीय प्रवृत्ति के माप (Measures of Central Tendency), अपकिरण के माप (Measures of Dispersion), सहसंबंध एवं प्रतीपगमन (Correlation and Regression) |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECOM0401 | भारतीय अर्थव्यवस्था (Indian Economy) | Core (Major) | 4 | भारतीय अर्थव्यवस्था की विशेषताएं (Characteristics of Indian Economy), कृषि एवं ग्रामीण विकास (Agriculture and Rural Development), औद्योगिक विकास (Industrial Development), भारत में आर्थिक नियोजन (Economic Planning in India), निर्धनता एवं बेरोजगारी (Poverty and Unemployment) |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECOM0501 | सार्वजनिक वित्त (Public Finance) | Core (Major) | 4 | सार्वजनिक वित्त का अर्थ एवं क्षेत्र (Meaning and Scope of Public Finance), सार्वजनिक व्यय (Public Expenditure), सार्वजनिक आय: करारोपण (Public Revenue: Taxation), सार्वजनिक ऋण (Public Debt), राजकोषीय नीति (Fiscal Policy) |
| ECOM0502 | अंतर्राष्ट्रीय अर्थशास्त्र (International Economics) | Core (Major) | 4 | अंतर्राष्ट्रीय व्यापार के सिद्धांत (Theories of International Trade), व्यापार की शर्तें (Terms of Trade), अन्तर्राष्ट्रीय व्यापार नीति: शुल्क एवं कोटा (International Trade Policy: Tariffs and Quotas), भुगतान संतुलन (Balance of Payments), विदेशी विनिमय दर (Foreign Exchange Rate) |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECOM0601 | विकास एवं पर्यावरण अर्थशास्त्र (Development and Environmental Economics) | Core (Major) | 4 | आर्थिक विकास का अर्थ एवं माप (Meaning and Measurement of Economic Development), अल्पविकास के सिद्धांत (Theories of Underdevelopment), पर्यावरण अर्थशास्त्र का परिचय (Introduction to Environmental Economics), पर्यावरणीय प्रदूषण (Environmental Pollution), धारणीय विकास (Sustainable Development) |
| ECOM0602 | गणितीय एवं कंप्यूटर एप्लीकेशन के साथ अर्थमिति के तत्व (Elements of Econometrics with Mathematical and Computer Applications) | Core (Major) | 4 | अर्थमिति का परिचय (Introduction to Econometrics), साधारण रेखीय प्रतिगमन मॉडल (Simple Linear Regression Model), बहु-रेखीय प्रतिगमन मॉडल (Multiple Linear Regression Model), गणितीय अनुप्रयोग (Mathematical Applications in Economics), कंप्यूटर एप्लीकेशन (Computer Applications in Economics) |
