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BA in Economics at Dr. B. R. Ambedkar College
Unakoti, Tripura
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About the Specialization
What is Economics at Dr. B. R. Ambedkar College Unakoti?
This Economics program at Ambedkar College, Unakoti, Tripura, focuses on developing a strong foundation in economic theory, policy, and quantitative analysis within an Indian context. Students explore microeconomics, macroeconomics, development economics, and international economics, preparing them to understand and analyze contemporary economic challenges. The program''''s design caters to the evolving demands of the Indian job market and policy landscape.
Who Should Apply?
This program is ideal for 10+2 graduates with a keen interest in understanding societal economic issues, government policies, and market dynamics. It is also suitable for aspiring civil servants, future researchers, and individuals seeking careers in finance, data analytics, public policy, or journalism. A basic aptitude for mathematics and analytical thinking is beneficial.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles in banking, financial services, economic research, government (UPSC, RBI, NITI Aayog), NGOs, and academia. Entry-level salaries typically range from 3-6 LPA, with significant growth potential for experienced professionals. The curriculum also provides a strong foundation for higher studies in economics or related fields.
Student Success Practices
Foundation Stage
Master Core Economic Concepts- (Semester 1-2)
Dedicate time to build a robust understanding of fundamental micro and macroeconomic principles. Utilize textbooks, online resources like eGyanKosh, and NPTEL lectures. Actively participate in class discussions to clarify doubts and deepen conceptual clarity.
Tools & Resources
Standard economic textbooks, NPTEL videos, eGyanKosh, Khan Academy
Career Connection
A strong foundation is crucial for excelling in competitive exams like UPSC and for advanced studies in Economics, opening doors to policy and research roles.
Develop Quantitative and Analytical Skills- (Semester 1-2)
Focus on developing basic mathematical and statistical skills essential for economics. Practice numerical problems from textbooks and engage in workshops on basic data interpretation. Form study groups to tackle challenging analytical exercises.
Tools & Resources
Mathematics for Economists books, Statistical software tutorials (e.g., basic Excel functions), Study groups
Career Connection
These skills are highly valued in roles requiring data analysis, financial modeling, and economic forecasting in both private and government sectors.
Engage with Current Economic Affairs- (Semester 1-2)
Cultivate a habit of regularly reading economic news from reputable Indian newspapers and magazines. Analyze how theoretical concepts apply to real-world economic events. Participate in college debates or clubs focused on economic policy.
Tools & Resources
The Economic Times, Business Standard, Mint, Yojana magazine, Ambedkar College Economics Club
Career Connection
Understanding current affairs is vital for civil services aspirations, policy analysis, and journalism, making you a well-informed candidate for various roles.
Intermediate Stage
Apply Theory to Indian Economic Context- (Semester 3-4)
Beyond theories, focus on their application to India''''s unique economic landscape. Analyze government policies, budgets, and developmental challenges using the frameworks learned. Seek out faculty mentorship for discussions on Indian economic issues.
Tools & Resources
Reports by NITI Aayog, RBI Bulletins, Union Budget documents, Economic Survey
Career Connection
This practical understanding is invaluable for roles in government economic services, policy think tanks, and development organizations within India.
Build Intermediate Econometric Skills- (Semester 4-5)
Start learning basic econometrics software and statistical tools beyond theory. Explore open-source software like R or engage with introductory courses on data analysis platforms. Work on small data projects to apply regression techniques.
Tools & Resources
R programming tutorials, GreteTL software (free econometrics software), Online courses on Coursera/edX for data analysis
Career Connection
Quantitative analysis skills are in high demand in market research, financial analysis, and academic research roles across various industries.
Seek Relevant Internships and Projects- (Semester 3-5)
Proactively look for internships at local NGOs, research centers, or government departments in Tripura. Engage in mini-research projects with faculty on topics of local economic relevance. This builds practical exposure and a professional network.
Tools & Resources
College placement cell, Online internship portals, Faculty advisors
Career Connection
Internships provide real-world experience, help refine career interests, and are often a stepping stone to full-time employment or stronger postgraduate applications.
Advanced Stage
Intensive Preparation for Higher Studies/Careers- (Semester 5-6)
Identify specific career paths or postgraduate programs (MA Economics, MBA, Civil Services) and tailor your preparation. Focus on advanced topics like econometrics, international trade, and development economics with a career-oriented mindset.
Tools & Resources
Previous year question papers for MA entrances/UPSC, Coaching materials, Mentorship from alumni
Career Connection
Targeted preparation enhances your chances of admission to top universities for postgraduate studies or securing competitive jobs in your chosen field.
Develop Professional Communication Skills- (Semester 5-6)
Refine your presentation, writing, and public speaking skills. Practice presenting research findings, participate in mock interviews, and work on writing concise policy briefs or economic reports. Clear communication is key in professional settings.
Tools & Resources
Toastmasters International (if available), College debate society, Writing workshops, Mock interview sessions
Career Connection
Effective communication is crucial for professional success, whether in academic presentations, corporate meetings, or government interactions.
Network and Engage with the Economic Community- (Semester 5-6)
Attend economic seminars, workshops, and guest lectures organized by the college or local economic bodies. Connect with alumni and professionals in your areas of interest. Building a network can provide valuable insights and future opportunities.
Tools & Resources
LinkedIn, Professional economic associations (e.g., Indian Economic Association), College alumni network events
Career Connection
Networking opens doors to mentorship, job referrals, and collaborative opportunities, which are critical for long-term career growth in economics.
Program Structure and Curriculum
Eligibility:
- No eligibility criteria specified
Duration: 3 years (6 semesters)
Credits: 140 Credits
Assessment: Internal: 20%, External: 80%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-1A | Introductory Microeconomics | Core | 6 | Introduction to Microeconomics, Consumer Theory, Production and Cost, Market Structures, Factor Pricing |
| AECC-1 | Environmental Studies | Ability Enhancement Compulsory | 2 | Multidisciplinary Nature of Environmental Studies, Ecosystems, Biodiversity and Conservation, Environmental Pollution, Environmental Policies and Practices |
| GE-1 | Generic Elective - I | Generic Elective | 6 |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-1B | Introductory Macroeconomics | Core | 6 | Introduction to Macroeconomics, National Income Accounting, Money and Inflation, Open Economy Macroeconomics, Macroeconomic Policies |
| AECC-2 | English/MIL Communication | Ability Enhancement Compulsory | 2 | Language of Communication, Reading and Understanding, Writing Skills, Speaking Skills, Non-verbal Communication |
| GE-2 | Generic Elective - II | Generic Elective | 6 |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-1C | Intermediate Microeconomics-I | Core | 6 | Consumer Behavior, Utility Analysis, Theory of Production, Cost Functions, Market Equilibrium |
| DSC-1D | Intermediate Macroeconomics-I | Core | 6 | Classical and Keynesian Systems, IS-LM Model, Inflation and Unemployment, Business Cycles, Monetary and Fiscal Policy |
| SEC-1 | Indian Economy-I | Skill Enhancement | 2 | Basic Characteristics of Indian Economy, Economic Reforms since 1991, Agriculture Sector, Industrial Sector, Services Sector |
| GE-3 | Generic Elective - III | Generic Elective | 6 |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-1E | Intermediate Microeconomics-II | Core | 6 | General Equilibrium Theory, Welfare Economics, Market Failure, Asymmetric Information, Game Theory |
| DSC-1F | Intermediate Macroeconomics-II | Core | 6 | Consumption and Investment, The Demand for Money, Supply of Money, Economic Growth, Rational Expectations |
| SEC-2 | Indian Economy-II | Skill Enhancement | 2 | Poverty and Inequality in India, Employment and Unemployment, Demographic Trends, Role of Government in the Economy, Regional Disparities |
| GE-4 | Generic Elective - IV | Generic Elective | 6 |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-1G | History of Economic Thought | Core | 6 | Mercantilism and Physiocracy, Classical School, Marxian Economics, Marginal Revolution, Keynesian Revolution |
| DSC-1H | Development Economics | Core | 6 | Concept of Economic Development, Theories of Development, Poverty and Inequality, Human Capital and Development, Sustainable Development |
| DSE-1 (Option A) | Indian Public Finance | Discipline Specific Elective | 6 | Introduction to Public Finance, Taxation in India, Public Expenditure, Budgetary Policy, Fiscal Federalism in India |
| DSE-1 (Option B) | Money and Banking | Discipline Specific Elective | 6 | Theory of Money, Commercial Banks, Central Bank (RBI), Monetary Policy, Financial Markets |
| DSE-2 (Option A) | Economics of Health and Education | Discipline Specific Elective | 6 | Role of Health in Economic Development, Demand and Supply of Health Care, Economics of Education, Financing Health and Education, Policy Issues in India |
| DSE-2 (Option B) | Environmental Economics | Discipline Specific Elective | 6 | Introduction to Environmental Economics, Market Failure and Externalities, Valuation of Environmental Goods, Environmental Policies, Climate Change Economics |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-1I | International Economics | Core | 6 | Theories of International Trade, Terms of Trade, Balance of Payments, Foreign Exchange Market, International Economic Institutions |
| DSC-1J | Econometrics | Core | 6 | Introduction to Econometrics, Simple Linear Regression Model, Multiple Regression Analysis, Problems in Regression Analysis, Dummy Variables and Forecasting |
| DSE-3 (Option A) | Research Methodology | Discipline Specific Elective | 6 | Introduction to Research, Research Design, Data Collection Methods, Sampling Techniques, Report Writing |
| DSE-3 (Option B) | Financial Economics | Discipline Specific Elective | 6 | Introduction to Financial Markets, Risk and Return, Portfolio Theory, Asset Pricing Models, Derivatives |
| DSE-4 (Option A) | Agricultural Economics | Discipline Specific Elective | 6 | Role of Agriculture in Economic Development, Agricultural Production and Productivity, Agricultural Marketing and Finance, Agricultural Price Policy, Food Security in India |
| DSE-4 (Option B) | Industrial Economics | Discipline Specific Elective | 6 | Industrial Organization Theories, Market Structure and Performance, Industrial Location and Diversification, Industrial Policies in India, Public Sector Enterprises |
