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B-A in Economics at DR. RAM NARAYAN MAHILA MAHAVIDYALAYA, KAYAMGANJ, FARRUKHABAD

DR. RAM NARAYAN MAHILA MAHAVIDYALAYA, a premier women's institution in Farrukhabad, Uttar Pradesh, was established in 1968. Affiliated with Chhatrapati Shahu Ji Maharaj University, Kanpur, it is dedicated to empowering women through education, offering diverse undergraduate and postgraduate programs in Arts, Science, and Commerce.

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location

Farrukhabad, Uttar Pradesh

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About the Specialization

What is Economics at DR. RAM NARAYAN MAHILA MAHAVIDYALAYA, KAYAMGANJ, FARRUKHABAD Farrukhabad?

This Economics program at DR. RAM NARAYAN MAHILA MAHAVIDYALAYA, affiliated with CSJMU, focuses on providing a comprehensive understanding of economic principles, policies, and their application in the Indian context. It equips students with analytical tools to evaluate economic phenomena, understand market dynamics, and contribute to policy discussions. The curriculum is designed to meet the demands of a rapidly evolving Indian economy, blending theoretical knowledge with practical insights.

Who Should Apply?

This program is ideal for high school graduates with a keen interest in understanding societal resource allocation, market behavior, and governmental economic policies. It suits students aspiring for careers in public service, economic research, financial analysis, or journalism. It also benefits those looking to build a strong foundation for postgraduate studies in Economics, Management, or Public Policy, preparing them for roles demanding critical thinking and data interpretation.

Why Choose This Course?

Graduates of this program can expect to pursue diverse career paths in India, including roles as economists, data analysts, research assistants, policy advisors, or financial consultants. Entry-level salaries typically range from INR 2.5 Lakhs to 5 Lakhs per annum, with significant growth potential in government organizations, think tanks, private banks, and consultancies. The program also provides a solid foundation for competitive exams like UPSC, RBI Grade B, and other state-level services.

Student Success Practices

Foundation Stage

Build Strong Conceptual Foundations- (Semester 1-2)

Focus on deeply understanding core microeconomics and macroeconomics concepts. Regularly revise definitions, theories, and models taught in class. Actively participate in discussions, ask questions, and form study groups to clarify doubts. Create concept maps and flashcards for quick revision.

Tools & Resources

NCERT Economics textbooks (Class XI & XII), Khan Academy for foundational concepts, Peer study groups

Career Connection

A robust grasp of fundamentals is crucial for higher-level economic analysis, essential for roles in research, policy, and even finance, as it forms the bedrock for specialized knowledge.

Develop Basic Quantitative and Analytical Skills- (Semester 1-2)

Pay close attention to the quantitative aspects introduced in initial economics courses and related practical sessions. Practice basic mathematical and statistical problems (e.g., elasticity calculations, national income accounting, basic data interpretation). Attend workshops on spreadsheet software like MS Excel for data organization and simple calculations.

Tools & Resources

MS Excel tutorials, Basic statistics textbooks, Online quizzes on quantitative economics

Career Connection

Many entry-level economics roles (e.g., data entry, research assistant) require strong quantitative literacy and proficiency in basic data handling, making graduates immediately more employable.

Cultivate Current Affairs Awareness- (Semester 1-2)

Start reading reputable economic newspapers (e.g., The Economic Times, Business Standard) and magazines (e.g., Yojana, Kurukshetra) daily. Follow economic news channels and government policy updates. Relate current events to the economic theories learned in class to develop a practical understanding of their application.

Tools & Resources

The Economic Times, Business Standard, Mint, Yojana magazine, PIB (Press Information Bureau) releases

Career Connection

Being well-informed on current economic affairs is vital for competitive exams (UPSC, RBI), policy analysis roles, and staying relevant in any economics-related profession, demonstrating practical understanding.

Intermediate Stage

Master Economic Data Analysis and Interpretation- (Semester 3-4)

Deepen skills in quantitative techniques. Actively engage with practical components involving Indian economic data. Learn to use statistical functions in Excel or introductory R/Python for basic data manipulation, visualization, and regression analysis. Focus on interpreting results and drawing meaningful economic conclusions from data sets.

Tools & Resources

Advanced Excel functions, Online courses for R/Python (e.g., Coursera), MOSPI website, RBI database

Career Connection

Proficiency in data analysis is highly sought after in roles like economic research, market analysis, and business intelligence, opening doors to diverse private and public sector opportunities.

Engage in Economic Debates and Policy Discussions- (Semester 3-4)

Participate actively in college debates, seminars, and group discussions on contemporary Indian economic issues, such as poverty, unemployment, or trade policy. Practice articulating your economic arguments clearly and critically evaluating different perspectives. Consider joining an economics club or society within the college.

Tools & Resources

College debate clubs, Departmental seminars, Online forums for economic discussions

Career Connection

Strong communication and critical thinking skills are essential for policy formulation, consultancy, journalism, and academic pursuits, enabling graduates to influence and contribute effectively.

Explore Internship Opportunities- (Semester 3-4)

Seek short-term internships during semester breaks with local businesses, NGOs, government departments (e.g., District Industries Centre, statistical offices), or research organizations. Even unpaid internships offer invaluable practical exposure to economic challenges and real-world data collection. Focus on applying classroom knowledge to practical scenarios.

Tools & Resources

College placement cell, LinkedIn, Internshala, Local government offices

Career Connection

Internships provide hands-on experience, build professional networks, and often lead to pre-placement offers or give a significant edge in final placements by demonstrating practical readiness.

Advanced Stage

Undertake Independent Research Project/Dissertation- (Semester 5-6)

Leverage the final year project/dissertation to delve deep into a specific area of economics that aligns with your career interests. Apply learned research methodologies, collect and analyze data, and present findings in a well-structured academic paper. Seek guidance from faculty members.

Tools & Resources

Research methodology books, Academic journals (JSTOR, Google Scholar), Statistical software (SPSS, EViews if available)

Career Connection

A strong research project showcases analytical depth, independent learning, and problem-solving skills, making candidates attractive for research-oriented roles, higher studies, and competitive exams requiring essay writing.

Prepare Strategically for Career Entry/Higher Studies- (Semester 5-6)

For those targeting jobs, begin focused preparation for interviews, aptitude tests, and group discussions. For higher studies, research postgraduate programs (M.A. Economics, MBA) and prepare for entrance exams (e.g., JNU Entrance, DU Entrance, CAT). Tailor your resume and cover letters based on specific job/program requirements.

Tools & Resources

Online aptitude test platforms, Interview preparation guides, University prospectus for M.A./MBA programs, Coaching centers for entrance exams

Career Connection

Proactive and strategic preparation significantly increases the chances of securing desired employment or admission to prestigious postgraduate programs, fast-tracking career progression.

Network and Build Professional Connections- (Semester 5-6)

Attend economics conferences, workshops, and guest lectures (online or offline). Connect with alumni working in relevant fields through LinkedIn or college events. Build a professional network that can offer mentorship, job leads, and insights into industry trends.

Tools & Resources

LinkedIn, Professional networking events (physical and virtual), College alumni associations, Industry-specific forums

Career Connection

Networking is crucial for discovering hidden job markets, gaining referrals, and accessing career advice, often leading to opportunities that are not publicly advertised and fostering long-term professional growth.

Program Structure and Curriculum

Eligibility:

  • 10+2 from a recognized board

Duration: 3 years / 6 semesters

Credits: 44 (Approximate for Major Economics specialization) Credits

Assessment: Internal: 25%, External: 75%

Semester-wise Curriculum Table

Semester 1

Subject CodeSubject NameSubject TypeCreditsKey Topics
Principles of Microeconomics (Theory)Major (Core)4Nature and Scope of Economics, Demand and Supply Analysis, Theory of Consumer Behavior, Production and Cost Analysis, Market Structure: Perfect Competition
Practical based on Principles of MicroeconomicsMajor (Core) Practical2Graphical Representation of Economic Data, Demand and Supply Curve Analysis, Elasticity Calculations, Cost Function Analysis, Market Equilibrium Determination

Semester 2

Subject CodeSubject NameSubject TypeCreditsKey Topics
Principles of Macroeconomics (Theory)Major (Core)4National Income Accounting, Classical Theory of Employment, Keynesian Theory of Employment and Income, Money and Banking, Inflation and Deflation
Practical based on Principles of MacroeconomicsMajor (Core) Practical2Components of National Income, Aggregate Demand and Aggregate Supply Analysis, Multiplier Effect Calculation, Monetary Policy Tools, Fiscal Policy Impacts

Semester 3

Subject CodeSubject NameSubject TypeCreditsKey Topics
Indian Economy (Theory)Major (Core)4Basic Characteristics of Indian Economy, Economic Planning in India, Agriculture Sector and Rural Development, Industrial Sector and Reforms, Poverty, Unemployment, and Inequality
Practical based on Indian EconomyMajor (Core) Practical2Analysis of GDP and Economic Growth Trends, Inflation Data Interpretation, Poverty and Unemployment Statistics, Sectoral Contribution to GDP, Evaluation of Indian Economic Policies

Semester 4

Subject CodeSubject NameSubject TypeCreditsKey Topics
Quantitative Techniques for Economic Analysis (Theory)Major (Core)4Basic Mathematics for Economics (Calculus, Algebra), Measures of Central Tendency and Dispersion, Probability and Probability Distributions, Correlation and Regression Analysis, Index Numbers and Time Series Analysis
Practical based on Quantitative Techniques for Economic AnalysisMajor (Core) Practical2Data Visualization and Presentation, Statistical Software Applications (e.g., MS Excel), Hypothesis Testing in Economics, Simple Linear Regression Modeling, Economic Data Interpretation using Statistics

Semester 5

Subject CodeSubject NameSubject TypeCreditsKey Topics
Development Economics (Theory)Major (Core)4Theories of Economic Development and Growth, Poverty, Inequality, and Development, Human Capital and Economic Development, Role of State and Market in Development, Sustainable Development Goals
Public Finance (Theory)Major (Core)4Role of Government in the Economy, Theories of Public Expenditure, Sources of Public Revenue (Taxation), Public Debt and Fiscal Policy, Fiscal Federalism in India
Project Work/Dissertation related to EconomicsMajor (Core) Practical/Project2Research Question Formulation, Literature Review Techniques, Data Collection Methods, Basic Data Analysis and Interpretation, Report Writing and Presentation

Semester 6

Subject CodeSubject NameSubject TypeCreditsKey Topics
International Economics (Theory)Major (Core)4Theories of International Trade, Terms of Trade and Trade Barriers, Balance of Payments, Foreign Exchange Market and Exchange Rate Systems, International Economic Institutions (IMF, WTO)
Environmental Economics (Theory)Major (Core) Elective4Environmental Problems and Economic Growth, Economics of Pollution Control, Environmental Valuation Methods, Sustainable Development Concepts, Climate Change Economics and Policy
Advanced Project Work/Dissertation in EconomicsMajor (Core) Practical/Project2Advanced Research Methodology, Policy Analysis and Case Studies, Quantitative Modeling in Economics, Academic Writing and Citation, Oral Defense and Presentation Skills
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