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BA in Economics at Government First Grade College, Hanagodu
Mysuru, Karnataka
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About the Specialization
What is Economics at Government First Grade College, Hanagodu Mysuru?
This BA Economics program at Government First Grade College, Mysuru, affiliated with the University of Mysore, focuses on building a strong theoretical and empirical foundation in economic principles. It delves into microeconomics, macroeconomics, development economics, and quantitative methods. The curriculum is designed to provide students with analytical skills crucial for understanding contemporary economic issues and policies in the Indian context, preparing them for diverse roles in a rapidly evolving economy.
Who Should Apply?
This program is ideal for fresh graduates from 10+2 seeking entry into roles requiring economic analysis, aspiring civil servants preparing for competitive exams like UPSC and KPSC, and individuals interested in pursuing higher education in economics or related fields. It also suits those looking to develop critical thinking and problem-solving skills to understand societal and business dynamics.
Why Choose This Course?
Graduates of this program can expect to find career paths in government organizations like the RBI and NITI Aayog, public and private sector banks, financial services, data analysis, and policy research. Entry-level salaries in India typically range from INR 2.5 LPA to 5 LPA, with significant growth potential for experienced professionals. The program also serves as a strong foundation for pursuing an MA in Economics or other postgraduate studies.
Student Success Practices
Foundation Stage
Master Core Economic Concepts and Quantitative Basics- (Semester 1-2)
Dedicate time to thoroughly understand fundamental micro and macroeconomics concepts, demand-supply dynamics, and basic mathematical/statistical tools from Semesters 1 and 2. Utilize online platforms for practice problems and conceptual clarity.
Tools & Resources
NCERT Economics Textbooks (Class 11 & 12), Khan Academy (Economics & Math), UoM Library resources, Peer study groups
Career Connection
A strong foundation is essential for advanced economics courses and forms the basis for analytical roles in any economics-related career or competitive exams like UPSC Prelims.
Develop Effective Study Habits and Academic Writing- (Semester 1-2)
Cultivate consistent study routines, active note-taking, and participation in classroom discussions. Focus on improving academic writing for assignments and exams, paying attention to clarity and logical structure.
Tools & Resources
College writing center (if available), Grammarly, Reviewing past year question papers
Career Connection
Strong communication and analytical writing skills are highly valued in policy analysis, research, and corporate roles, enhancing your ability to articulate complex economic ideas.
Engage in Early Skill Enhancement and Co-curricular Activities- (Semester 1-2)
Actively participate in the Skill Enhancement Courses (SEC) like Soft Skills and Computer Fundamentals. Join college clubs, debates, or essay competitions to build presentation skills and broaden perspectives.
Tools & Resources
College clubs/societies, Online soft skill courses (Coursera/edX), Microsoft Office tutorials
Career Connection
These activities develop essential transferable skills like teamwork, communication, and basic digital literacy, making you more employable and confident for internships and jobs.
Intermediate Stage
Apply Economic Theories to Indian Contexts and Current Events- (Semester 3-5)
Beyond textbook knowledge, actively read economic news, journals, and government reports (e.g., Economic Survey of India) to connect theoretical concepts from Macroeconomics and Development Economics to real-world Indian scenarios and policy debates.
Tools & Resources
The Economic Times, Livemint, RBI Website, NITI Aayog reports, EPW (Economic and Political Weekly)
Career Connection
This deepens your understanding of India''''s economic landscape, crucial for roles in government, policy, and research, and valuable for competitive exams.
Strengthen Quantitative Skills for Economic Analysis- (Semester 3-5)
Focus intently on Mathematical Methods and Statistical Methods for Economics. Practice problem-solving rigorously and explore basic statistical software. Consider learning basic data visualization or spreadsheet tools.
Tools & Resources
Excel for data analysis, R/Python basics (online tutorials), Previous year university exam papers, Reference books on Econometrics basics
Career Connection
Quantitative proficiency is critical for roles in data analytics, financial modeling, and economic research, which are high-demand areas in the Indian job market.
Seek Internships and Departmental Projects- (Semester 4-5)
Look for short-term internships during breaks with local NGOs, research institutions, or small businesses to gain practical exposure. Engage in departmental projects or academic research under faculty guidance to apply theoretical knowledge.
Tools & Resources
College placement cell (if available), LinkedIn, Internshala, Departmental faculty for guidance
Career Connection
Practical experience enhances your resume, builds a professional network, and provides insights into potential career paths, making you job-ready for entry-level positions.
Advanced Stage
Deep Dive into Specialization and Research- (Semester 6)
Choose Discipline Specific Electives (DSEs) strategically based on your career interests. Undertake an independent research project or a dissertation in your final year on an area of interest within economics, aligning with your career aspirations.
Tools & Resources
JSTOR (academic journals), Google Scholar, Departmental faculty mentors, Advanced statistical software
Career Connection
Specialized knowledge and research experience are crucial for postgraduate studies, research roles, and for standing out in niche job markets.
Prepare for Higher Education and Competitive Exams- (Semester 6)
If considering postgraduate studies (MA Economics, MBA), start preparing for entrance exams like GATE, NET, or university-specific tests. For civil services, dedicate time to general studies and economics optional papers.
Tools & Resources
Coaching centers (if applicable), Online test series, Previous year question papers for respective exams
Career Connection
Proactive preparation opens doors to prestigious universities, government services, and specialized professional careers, significantly impacting long-term career growth.
Develop Professional Networking and Interview Skills- (Semester 6)
Attend workshops on resume building, interview preparation, and group discussions. Network with alumni, visiting faculty, and industry professionals. Practice mock interviews to enhance confidence.
Tools & Resources
College career services, LinkedIn for professional networking, Online interview preparation resources
Career Connection
Strong professional skills and a robust network are invaluable for securing placements, internships, and mentoring opportunities, accelerating your entry into the professional world.
Program Structure and Curriculum
Eligibility:
- Pass in 2 years Pre-University Examination (10+2) or any equivalent examination recognized by the University of Mysore.
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 |
|---|---|---|---|---|
| ECO DSC 1.1 | Principles of Micro Economics – I | Core | 4 | Introduction to Economics and Basic Concepts, Demand and Supply Analysis, Consumer Behavior and Utility, Theory of Production, Theory of Costs |
| UCAET 1.1 | Environmental Studies | Ability Enhancement Compulsory Course (AECC) | 2 | |
| UGCGE 1.1 | Generic Elective – 1 | Generic Elective | 3 | |
| UCSST 1.1 | Soft Skills | Skill Enhancement Course (SEC) | 2 | |
| UCMIL 1.1 / UCHIN 1.1 / UCSAN 1.1 / UCTAM 1.1 / UCTEL 1.1 / UCMAL 1.1 / UCURD 1.1 | Modern Indian Language (Kannada/Hindi/Sanskrit/Tamil/Telugu/Malayalam/Urdu) | Compulsory Language | 2 | |
| UCEGS 1.1 | General English | Compulsory Language | 2 |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO DSC 1.2 | Principles of Micro Economics – II | Core | 4 | Market Structures (Perfect Competition, Monopoly), Monopolistic Competition and Oligopoly, Factor Pricing Theory, Distribution Theories, Welfare Economics |
| UCAET 1.2 | Indian Constitution | Ability Enhancement Compulsory Course (AECC) | 2 | |
| UGCGE 1.2 | Generic Elective – 2 | Generic Elective | 3 | |
| UCCPT 1.2 | Computer Fundamentals | Skill Enhancement Course (SEC) | 2 | |
| UCMIL 1.2 / UCHIN 1.2 / UCSAN 1.2 / UCTAM 1.2 / UCTEL 1.2 / UCMAL 1.2 / UCURD 1.2 | Modern Indian Language (Kannada/Hindi/Sanskrit/Tamil/Telugu/Malayalam/Urdu) | Compulsory Language | 2 | |
| UCEGS 1.2 | General English | Compulsory Language | 2 |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO DSC 2.1 | Principles of Macro Economics – I | Core | 4 | National Income Accounting, Classical Theory of Employment, Keynesian Theory of Employment, Consumption and Investment Functions, Money, Inflation and Banking |
| UGCGE 2.1 | Generic Elective – 3 | Generic Elective | 3 | |
| UCSST 2.1 / UCCPT 2.1 | Skill Enhancement Course – 3 (e.g., Data Entry Operations / Web Designing) | Skill Enhancement Course (SEC) | 2 | |
| UCMIL 2.1 / UCHIN 2.1 / UCSAN 2.1 / UCTAM 2.1 / UCTEL 2.1 / UCMAL 2.1 / UCURD 2.1 | Modern Indian Language (Kannada/Hindi/Sanskrit/Tamil/Telugu/Malayalam/Urdu) | Compulsory Language | 2 | |
| UCEGS 2.1 | General English | Compulsory Language | 2 | |
| UGELS 2.1 (Example Minor Elective) | Elective – 1 (From selected minor discipline or additional DSC) | Elective | 3 |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO DSC 2.2 | Principles of Macro Economics – II | Core | 4 | Theories of Inflation and Unemployment, Business Cycles, Monetary and Fiscal Policies, International Trade Theories, Balance of Payments and Exchange Rates |
| UGCGE 2.2 | Generic Elective – 4 | Generic Elective | 3 | |
| UCSST 2.2 / UCCPT 2.2 | Skill Enhancement Course – 4 (e.g., Financial Literacy / Entrepreneurship) | Skill Enhancement Course (SEC) | 2 | |
| UCMIL 2.2 / UCHIN 2.2 / UCSAN 2.2 / UCTAM 2.2 / UCTEL 2.2 / UCMAL 2.2 / UCURD 2.2 | Modern Indian Language (Kannada/Hindi/Sanskrit/Tamil/Telugu/Malayalam/Urdu) | Compulsory Language | 2 | |
| UCEGS 2.2 | General English | Compulsory Language | 2 | |
| UGELS 2.2 (Example Minor Elective) | Elective – 2 (From selected minor discipline or additional DSC) | Elective | 3 |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO DSC 3.1 | Mathematical Methods for Economics | Core | 4 | Basic Mathematical Concepts, Functions and their Applications, Differential Calculus for Optimization, Integral Calculus, Linear Algebra in Economics |
| ECO DSC 3.2 | Development Economics – I | Core | 4 | Concept and Measurement of Development, Theories of Economic Growth and Development, Poverty, Inequality, and Human Capital, Role of Agriculture in Development, Industrialization and Structural Change |
| ECO DSE 3.1 | Discipline Specific Elective – 1 (Choose one from) | Elective | 4 | Indian Economic Development (Growth, Policy, Reforms), Environmental Economics (Resources, Pollution, Policy), Public Economics (Public Finance, Taxation, Expenditure) |
| UGOES 3.1 | Open Elective – 1 | Open Elective | 3 | |
| UCSST 3.1 / UCCPT 3.1 | Skill Enhancement Course – 5 (e.g., Research Methodology / Data Analysis) | Skill Enhancement Course (SEC) | 2 |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO DSC 3.3 | Statistical Methods for Economics | Core | 4 | Collection and Presentation of Data, Measures of Central Tendency and Dispersion, Correlation and Regression Analysis, Index Numbers and Time Series Analysis, Probability and Sampling |
| ECO DSC 3.4 | Development Economics – II | Core | 4 | International Aid and Foreign Capital, Role of WTO and Globalisation, Infrastructure and Economic Development, Planning in India and Economic Reforms, Regional Disparities and Sustainable Development |
| ECO DSE 3.2 | Discipline Specific Elective – 2 (Choose one from) | Elective | 4 | Karnataka Economy (State Economy, Issues, Policies), Economics of Growth (Advanced Growth Models), Financial Economics (Markets, Instruments, Institutions) |
| UGOES 3.2 | Open Elective – 2 | Open Elective | 3 | |
| UCSST 3.2 / UCCPT 3.2 | Skill Enhancement Course – 6 (e.g., Project Work / Academic Writing) | Skill Enhancement Course (SEC) | 2 |
