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BACHELOR-OF-ARTS in Economics at Dr. Ram Manohar Lohia Mahavidyalaya, Purwa Sujan
Auraiya, Uttar Pradesh
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About the Specialization
What is Economics at Dr. Ram Manohar Lohia Mahavidyalaya, Purwa Sujan Auraiya?
This Economics program at Dr. Ram Manohar Lohia Mahavidyalaya, Auraiya, focuses on providing a comprehensive understanding of economic principles, policies, and their application in the Indian context. The curriculum, aligned with NEP 2020, emphasizes both theoretical foundations and practical analytical skills. It prepares students for a dynamic Indian market where economic literacy and analytical thinking are highly valued.
Who Should Apply?
This program is ideal for fresh 10+2 graduates seeking entry into roles requiring economic analytical skills, government services, or further academic pursuits. It also caters to individuals with a keen interest in understanding societal and national economic dynamics. There are no specific prerequisite backgrounds beyond the standard 10+2 qualification for arts streams.
Why Choose This Course?
Graduates of this program can expect diverse India-specific career paths in government jobs (UPSC, state PSCs, RBI), banking, financial services, and data analytics firms. Entry-level salaries typically range from INR 2.5 LPA to 4.5 LPA, with significant growth trajectories in public and private sector companies. The program also aligns with preparations for various competitive examinations.
Student Success Practices
Foundation Stage
Master Economic Fundamentals- (Semester 1-2)
Focus intensely on understanding core micro and macroeconomic concepts. Utilize textbooks, online lectures from NPTEL or Swayam, and class discussions to build a strong theoretical base. Engage in regular problem-solving to grasp practical applications.
Tools & Resources
NCERT Economics books, Standard university textbooks, NPTEL/Swayam courses
Career Connection
A solid foundation in economic principles is crucial for all advanced studies and competitive exams like UPSC, RBI, and bank PO, setting the stage for future specialization.
Develop Quantitative and Analytical Skills- (Semester 1-2)
Pay close attention to statistical methods and data interpretation. Practice basic data collection and analysis using spreadsheets. Participate in college workshops focused on data handling and basic economic modeling.
Tools & Resources
Microsoft Excel, Basic statistics textbooks, Online tutorials for data analysis
Career Connection
These skills are highly sought after in market research, financial analysis, and policy analysis roles across various Indian industries and government departments.
Engage in Economic Current Affairs- (Semester 1-2)
Regularly read financial newspapers (e.g., The Economic Times, Business Standard) and watch business news channels. Discuss current economic events with peers and faculty to link theory with real-world scenarios in India.
Tools & Resources
Leading Indian financial newspapers, RBI publications, Economic Survey of India
Career Connection
Staying updated is vital for competitive exams and for demonstrating commercial awareness in job interviews, particularly for roles in finance, journalism, and government.
Intermediate Stage
Deep Dive into Indian Economic Policies- (Semester 3-4)
Thoroughly study India''''s economic history, policies, and challenges, focusing on agriculture, industry, and services. Analyze government reports like the Economic Survey and Union Budget documents to understand policy implications.
Tools & Resources
Economic Survey of India, Union Budget documents, NITI Aayog reports
Career Connection
Essential for roles in policy analysis, economic journalism, and civil services, providing insights into India''''s developmental trajectory.
Enhance Research and Data Analysis Proficiency- (Semester 3-4)
Actively participate in research projects, even small ones, focusing on economic data collection and basic econometric analysis. Learn to use simple statistical software for better data visualization and interpretation.
Tools & Resources
SPSS/R (basic usage), Publicly available Indian economic datasets (e.g., MOSPI), Online courses on research methodology
Career Connection
Develops critical skills for research roles, data analyst positions, and further academic pursuits like Master''''s degrees in Economics.
Network and Seek Mentorship- (Semester 3-4)
Attend economics seminars, webinars, and guest lectures to interact with professionals and academicians. Seek guidance from senior students and faculty on career paths and skill development in the Indian economic landscape.
Tools & Resources
College career guidance cell, LinkedIn for professional networking, University alumni network
Career Connection
Building a network can open doors to internships, mentorship, and valuable insights into industry trends and job opportunities in India.
Advanced Stage
Specialize in Areas of Interest and Application- (Semester 5-6)
Focus on specific areas like public finance, international trade, or development economics, aligning with career aspirations. Undertake a major project or dissertation that applies economic theories to a real-world Indian problem.
Tools & Resources
Advanced economic journals, Research papers on specialized topics, Case studies on Indian industries
Career Connection
Specialization makes graduates more attractive to employers looking for specific expertise in finance, trade, or developmental organizations in India.
Intensive Placement and Competitive Exam Preparation- (Semester 5-6)
Engage in rigorous preparation for campus placements and competitive exams. Practice mock interviews, group discussions, and aptitude tests. Develop a strong resume highlighting economic project experience and analytical skills.
Tools & Resources
Online platforms for competitive exam prep (e.g., BYJU''''S, Unacademy), Career services office for mock interviews, Current affairs magazines
Career Connection
Directly enhances employability for roles in banking, civil services, and corporate sector, ensuring readiness for selection processes prevalent in India.
Develop Professional Communication and Presentation Skills- (Semester 5-6)
Practice presenting economic analyses and research findings clearly and concisely. Participate in debates and public speaking events. Develop report writing skills for professional communication in economic contexts.
Tools & Resources
Toastmasters International (if available nearby), Online public speaking courses, Professional report writing guides
Career Connection
Strong communication is essential for conveying complex economic ideas to diverse audiences, critical for roles in consulting, policy advocacy, and management within India.
Program Structure and Curriculum
Eligibility:
- 10+2 from a recognized board (as per CSJMU general admission criteria)
Duration: 3 years / 6 semesters
Credits: 32 (for Major Economics papers) Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON0101T | Microeconomics | Major Core Theory | 4 | Introduction to Economics, Consumer Behaviour and Utility Analysis, Theory of Production and Cost, Market Structures, Factor Pricing |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON0102P | Survey Methods and Data Collection / Project Work | Major Practical/Project | 2 | Survey Design, Data Collection Techniques, Sampling Methods, Data Presentation, Report Writing |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON0201T | Macroeconomics | Major Core Theory | 4 | National Income Accounting, Theories of Employment and Income, Money and Banking, Inflation and Deflation, Monetary and Fiscal Policies |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON0202P | Statistical Methods for Economics / Project Work | Major Practical/Project | 2 | Measures of Central Tendency, Measures of Dispersion, Correlation and Regression, Index Numbers, Time Series Analysis |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON0301T | Indian Economy | Major Core Theory | 4 | Characteristics of Indian Economy, Agriculture Sector, Industrial Sector, Service Sector, Economic Planning in India |
| ECON0302T | Development Economics | Major Core Theory | 4 | Concepts of Economic Development, Theories of Underdevelopment, Poverty and Inequality, Population and Human Capital, Role of State and Market in Development |
| ECON0303P | Economic Data Analysis using Software / Project Work | Major Practical/Project | 2 | Introduction to Statistical Software, Data Entry and Cleaning, Graphical Representation, Basic Regression Analysis, Interpretation of Economic Data |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON0304T | Public Economics | Major Core Theory | 4 | Role of Government in Economy, Public Goods and Externalities, Public Expenditure, Taxation, Public Debt and Budgeting |
| ECON0305T | International Economics | Major Core Theory | 4 | Theories of International Trade, Terms of Trade, Trade Policy (Tariffs, Quotas), Balance of Payments, Exchange Rates |
| ECON0306P | Research Methodology in Economics / Project Work | Major Practical/Project | 2 | Formulating Research Problem, Review of Literature, Research Design, Data Analysis and Interpretation, Thesis Writing |
