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B-A in Economics at GAUTAM BUDH MAHAVIDYALAYA SAHIYAPUR
Kannauj, Uttar Pradesh
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About the Specialization
What is Economics at GAUTAM BUDH MAHAVIDYALAYA SAHIYAPUR Kannauj?
This Economics program at Gautam Budh Mahavidyalaya focuses on equipping students with a robust understanding of economic principles, theories, and their real-world applications. It integrates theoretical knowledge with practical analytical skills crucial for navigating India''''s dynamic economic landscape, preparing graduates for various roles in policy, research, and business.
Who Should Apply?
This program is ideal for fresh graduates seeking entry into financial analysis, research, or public policy roles, and also suitable for those aiming for civil services. Students with an aptitude for data analysis, critical thinking, and socio-economic issues, typically from an arts or commerce background, will find this specialization enriching and rewarding.
Why Choose This Course?
Graduates of this program can expect diverse India-specific career paths in sectors like banking, government, and market research. Entry-level salaries typically range from INR 3-5 LPA, growing significantly with experience. Opportunities exist in economic consulting, data analytics, and policy implementation roles within Indian companies and government bodies.
Student Success Practices
Foundation Stage
Master Core Economic Concepts- (Semester 1-2)
Focus intensely on understanding fundamental micro and macroeconomic theories. Regularly revise definitions, models, and graphical representations. Form study groups to discuss complex concepts and prepare for internal assessments.
Tools & Resources
NCERT Economics textbooks (Class 11 & 12), Mankiw''''s Principles of Economics, Online tutorials (e.g., Khan Academy Economics), Peer study groups
Career Connection
A strong foundation is critical for advanced subjects and competitive exams like UPSC, RBI Grade B, and other government sector roles in India.
Develop Basic Analytical Skills- (Semester 1-2)
Pay close attention to the ''''Economic Application'''' practicals. Learn to collect, organize, and interpret data using basic statistical tools. Practice solving numerical problems related to demand-supply, national income, and basic statistics.
Tools & Resources
Microsoft Excel (basic functions), Statistical textbooks for B.A. Economics, CSJMU practical manuals, Online data sources (e.g., NSSO, MOSPI)
Career Connection
These skills are foundational for any data-driven role in India, including market research, policy analysis, and financial planning.
Cultivate Regular Reading Habits- (Semester 1-2)
Beyond textbooks, read economic news and articles daily to connect theoretical knowledge with current Indian economic scenarios. Follow reputable Indian financial newspapers and economic journals to understand policy debates.
Tools & Resources
The Economic Times, Livemint, Business Standard, RBI Bulletin, NITI Aayog reports
Career Connection
Staying updated is vital for interviews, group discussions, and to contribute meaningfully in professional settings in India''''s fast-changing economy.
Intermediate Stage
Engage with Indian Economic Data- (Semester 3-4)
Actively seek out and analyze real-world Indian economic data. Use government reports and surveys to understand trends in agriculture, industry, and social indicators. This enhances understanding of Indian Economy and Public Finance papers.
Tools & Resources
National Sample Survey Office (NSSO) data, Reserve Bank of India (RBI) publications, Economic Survey of India, World Bank Data (India specific)
Career Connection
Proficiency in handling Indian economic data is highly valued by research organizations, government ministries, and policy think tanks.
Participate in Economic Debates and Seminars- (Semester 3-4)
Join college economic clubs, participate in debates, and attend seminars or webinars on current economic issues. This improves communication skills and provides diverse perspectives on topics like inflation, unemployment, or fiscal policy.
Tools & Resources
College Economic Society, Inter-college debate competitions, Webinars by economic institutes, Online forums for economic discussions
Career Connection
These activities build confidence for professional interactions and are crucial for roles in consulting, public relations, and academia.
Begin Skill Specialization- (Semester 3-4)
Start exploring specific areas of economics that interest you, such as development economics or financial markets. Consider online certification courses in basic data science or financial modeling to complement your studies.
Tools & Resources
Coursera/edX courses on R/Python for data analysis, NPTEL lectures on specialized economic topics, NSE Academy basic certifications
Career Connection
Early specialization enhances your resume and aligns you with specific industry demands, making you more marketable for internships and jobs.
Advanced Stage
Master Econometric Software and Techniques- (Semester 5-6)
Gain hands-on proficiency in econometric software (e.g., R, EViews, Stata) to apply theoretical knowledge from Mathematical Economics and Econometrics. Work on small research projects to analyze economic data quantitatively.
Tools & Resources
R Studio, EViews (student version), Stata (student version), Online tutorials for econometric software, Academic papers using econometrics
Career Connection
Essential for roles in economic research, quantitative analysis, financial modeling, and data science in both private and government sectors.
Undertake an Applied Research Project- (Semester 5-6)
Leverage the final semester project/dissertation as a capstone experience. Choose a relevant Indian economic problem, conduct thorough research, collect and analyze data, and present your findings professionally.
Tools & Resources
Academic research databases (JSTOR, Google Scholar), Statistical software for analysis, Mentorship from faculty, University library resources
Career Connection
A strong project demonstrates analytical capabilities and research aptitude, significantly boosting placement prospects and readiness for higher studies or research roles.
Intensive Placement and Higher Study Preparation- (Semester 5-6)
Actively participate in campus placements, prepare for interviews, and refine your resume. If pursuing higher education (MA Economics, MBA), focus on entrance exam preparation (e.g., CUET PG, GATE Economics, CAT).
Tools & Resources
College placement cell services, Mock interviews and group discussions, Online aptitude test platforms, Coaching institutes for competitive exams
Career Connection
This stage is critical for securing desired career roles or gaining admission to prestigious postgraduate programs in India and abroad.
Program Structure and Curriculum
Eligibility:
- 10+2 (Intermediate) examination from a recognized board or equivalent.
Duration: 3 years / 6 semesters
Credits: 48 (for Economics Major papers) Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A050101T | Principles of Microeconomics | Major Core | 4 | Nature and Scope of Economics, Micro & Macro Economics, Basic Economic Problems, Demand and Supply Analysis, Theory of Production and Cost, Market Structures (Perfect Competition) |
| A050102P | Economic Application - I (Practical) | Major Practical | 2 | Data Collection and Presentation, Measures of Central Tendency, Measures of Dispersion, Basic Correlation and Regression |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A050201T | Principles of Macroeconomics | Major Core | 4 | Nature and Scope of Macroeconomics, National Income Accounting, Theories of Employment (Classical, Keynesian), Consumption and Investment Functions, Money and Banking, Inflation |
| A050202P | Economic Application - II (Practical) | Major Practical | 2 | Index Numbers, Time Series Analysis, Probability Distributions (Binomial, Poisson, Normal), Sampling Methods, Basic Hypothesis Testing |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A050301T | Indian Economy | Major Core | 4 | Structure of Indian Economy, Economic Planning in India, Agriculture and Industry Sectors, Population Dynamics and Demographics, Poverty and Unemployment in India, Economic Reforms and Policy |
| A050302P | Economic Application - III (Practical) | Major Practical | 2 | Advanced Regression Techniques, Introduction to Econometric Models, Use of Statistical Software (R/EViews basic commands), Data Interpretation and Analysis |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A050401T | Public Finance | Major Core | 4 | Role of Government in the Economy, Public Goods and Externalities, Taxation (Principles, Types, Incidence), Public Expenditure and Debt, Fiscal Policy and Budgeting |
| A050402P | Economic Application - IV (Practical) | Major Practical | 2 | Project Work and Survey Design, Field Study and Data Collection, Report Writing and Presentation Techniques, Qualitative Data Analysis |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A050501T | International Economics | Major Core | 4 | Theories of International Trade, Terms of Trade and Trade Barriers, Balance of Payments, Exchange Rate Regimes, International Economic Organizations (WTO, IMF) |
| A050502T | Development and Environmental Economics | Major Core | 4 | Economic Growth vs. Development, Theories of Underdevelopment, Sustainable Development, Environmental Externalities and Market Failure, Environmental Policy Instruments |
| A050503ET | Money and Financial Markets | Elective | 4 | Functions of Money, Demand and Supply of Money, Commercial and Central Banking, Monetary Policy Instruments, Structure of Financial Markets |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A050601T | Mathematical Economics | Major Core | 4 | Basic Algebra for Economics, Calculus (Differentiation, Integration), Optimization Techniques, Linear Programming, Introduction to Game Theory |
| A050602T | Econometrics | Major Core | 4 | Classical Linear Regression Model (OLS), Assumptions and Violations, Dummy Variables, Introduction to Time Series Econometrics, Hypothesis Testing in Regression |
| A050605PR | Project Work / Dissertation | Major Project | 4 | Research Methodology, Literature Review, Data Analysis and Interpretation, Report Writing and Structure, Presentation and Viva-Voce |
