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BA in Economics at Government First Grade College Shankaranarayana
Udupi, Karnataka
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About the Specialization
What is Economics at Government First Grade College Shankaranarayana Udupi?
This BA Economics program at Government First Grade College, Udupi, focuses on foundational economic theories, analytical tools, and their application to real-world issues, particularly within the Indian context. It provides a comprehensive understanding of microeconomic and macroeconomic principles, development economics, public finance, and international trade, preparing students for diverse roles in India''''s growing economy.
Who Should Apply?
This program is ideal for students aspiring for careers in public policy, financial services, research, and academia. It''''s well-suited for fresh graduates seeking entry-level roles in banking, consultancy, or government, and those planning to pursue higher studies in economics, business administration, or civil services examinations in India. A strong aptitude for analytical thinking and problem-solving is beneficial.
Why Choose This Course?
Graduates of this program can expect to develop strong analytical and critical thinking skills, enabling them to understand and address complex economic challenges. Career paths in India include roles as economic analysts, data researchers, policy assistants, banking professionals, and market research associates. Entry-level salaries typically range from INR 3-5 LPA, growing to INR 8-15+ LPA with experience in established Indian firms or government roles.
Student Success Practices
Foundation Stage
Master Basic Economic Concepts- (Semester 1-2)
Focus on understanding core micro and macro economic principles thoroughly in Semesters 1 and 2. Utilize textbooks, online lectures, and classroom discussions to build a strong theoretical foundation, which is crucial for advanced topics.
Tools & Resources
Mankiw''''s Principles of Economics, NCERT Economics books (Class 11 & 12), Khan Academy
Career Connection
A solid foundation is essential for excelling in competitive exams like UPSC, RBI Grade B, and for higher studies, forming the bedrock for complex problem-solving in future roles.
Develop Analytical Reading & Writing Skills- (Semester 1-2)
Actively read economic news from reputable Indian financial dailies and practice summarizing articles and writing concise analytical reports. This enhances comprehension and communication, vital for economic discourse.
Tools & Resources
The Economic Times, Livemint, Business Standard, Financial Express
Career Connection
Improves ability to articulate economic arguments, crucial for policy analysis, journalism, and research roles in India.
Engage in Peer Learning Initiatives- (Semester 1-2)
Form small study groups with classmates to discuss challenging concepts, solve problems collaboratively, and prepare for internal assessments. Teaching others often solidifies one''''s own understanding.
Tools & Resources
College library study rooms, Online collaborative tools (e.g., Google Docs)
Career Connection
Develops teamwork and communication skills, highly valued in corporate and research environments.
Intermediate Stage
Apply Economic Theories to Indian Context- (Semester 3-5)
Regularly connect classroom theories (e.g., inflation, unemployment, fiscal policy) to current Indian economic events, government policies, and budget discussions. This builds practical understanding and critical analysis.
Tools & Resources
NITI Aayog reports, RBI publications, Union Budget documents, Economic Survey of India
Career Connection
Prepares students for roles in economic policy research, financial analysis, and journalism focused on the Indian economy.
Participate in Economic Essay & Debate Competitions- (Semester 3-5)
Actively participate in college or inter-college economic essay writing and debate competitions. This hones research, critical thinking, and public speaking skills on economic issues.
Tools & Resources
College debate clubs, Economics department forums, Online resources for debate preparation
Career Connection
Enhances confidence, argumentation skills, and subject mastery, beneficial for civil services interviews and corporate presentations.
Undertake Small Research Projects- (Semester 3-5)
Under faculty guidance, undertake small-scale research projects focusing on local or regional economic issues. This could involve data collection (e.g., market surveys, interviews) and basic analysis.
Tools & Resources
Basic statistical software (e.g., MS Excel), Survey tools (e.g., Google Forms), Academic journals
Career Connection
Develops research methodology, data analysis skills, and problem-solving, highly valued in analytical and research roles.
Advanced Stage
Prepare for Competitive Examinations- (Semester 6)
Begin focused preparation for post-graduation entrance exams (e.g., MA Economics) or competitive exams like UPSC Civil Services (with Economics optional), RBI Grade B, or banking exams. This requires dedicated study of current affairs and in-depth subject revision.
Tools & Resources
Previous year question papers, Online coaching platforms, Standard reference books
Career Connection
Directly targets high-impact careers in Indian government, central banking, and academia, offering significant growth potential.
Intern with Relevant Organizations- (Semester 6 (during breaks))
Seek internships with financial institutions, economic research think tanks, NGOs working on development, or government departments during semester breaks. This provides invaluable practical exposure to economic principles in action.
Tools & Resources
LinkedIn, Internshala, College placement cell, Direct applications to organizations
Career Connection
Gains real-world experience, builds professional networks, and often leads to pre-placement offers or preferred hiring in Indian companies.
Build a Professional Network- (Semester 6)
Attend economics seminars, workshops, and guest lectures organized by the college or other institutions. Network with professors, alumni, and industry professionals to gain insights and explore career opportunities.
Tools & Resources
Professional social media (e.g., LinkedIn), College alumni network, Industry events
Career Connection
Opens doors to mentorship, job referrals, and staying updated with industry trends, crucial for career advancement in India''''s competitive job market.
Program Structure and Curriculum
Eligibility:
- Passed PUC/10+2 examination or an equivalent examination from a recognized Board/University.
Duration: 3 years (6 semesters)
Credits: 148 credits (for the entire BA degree) Credits
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAE 101 | Principles of Microeconomics - I | Core (Discipline Specific Core - DSC) | 4 | Nature and Scope of Economics, Theory of Consumer Behaviour (Utility & Indifference Curve), Theory of Demand and Elasticity, Theory of Production (Production Function & Laws of Returns), Cost of Production |
| ENG 101 | English Language | Ability Enhancement Compulsory Course (AECC - Language) | 3 | Communication Skills, Grammar and Usage, Reading Comprehension, Short Stories and Poetry, Basic Writing |
| KAN 101 | Kannada Language | Ability Enhancement Compulsory Course (AECC - Language) | 3 | Kannada Grammar, Prose and Poetry, Composition, Literary Forms, Cultural Aspects of Kannada |
| AECC 101 | Environmental Studies | Ability Enhancement Compulsory Course (AECC) | 2 | Ecosystems and Biodiversity, Environmental Pollution and Control, Natural Resources Management, Sustainable Development, Environmental Ethics |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAE 201 | Principles of Macroeconomics - I | Core (Discipline Specific Core - DSC) | 4 | Nature and Scope of Macroeconomics, National Income Accounting, Classical and Keynesian Theories of Employment, Consumption and Investment Functions, Money, Banking and Inflation |
| ENG 201 | English Language | Ability Enhancement Compulsory Course (AECC - Language) | 3 | Advanced Communication Strategies, Essay and Report Writing, Drama and Literary Criticism, Figures of Speech, Public Speaking |
| KAN 201 | Kannada Language | Ability Enhancement Compulsory Course (AECC - Language) | 3 | Modern Kannada Literature, Critical Appreciation, Translation Skills, Cultural History of Karnataka, Official Kannada Usage |
| AECC 201 | Indian Constitution | Ability Enhancement Compulsory Course (AECC) | 2 | Constitutional History of India, Preamble and Basic Structure, Fundamental Rights and Duties, Directive Principles of State Policy, Union and State Governments |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAE 301 | Principles of Microeconomics - II | Core (Discipline Specific Core - DSC) | 4 | Market Structures (Perfect Competition, Monopoly, Oligopoly), Pricing Under Different Markets, Factor Pricing (Rent, Wages, Interest, Profit), Welfare Economics and Efficiency, Introduction to Game Theory |
| BAE 302 | Indian Economy - I | Core (Discipline Specific Core - DSC) | 4 | Basic Characteristics of Indian Economy, Economic Planning in India, Agriculture Sector: Features, Problems, Policies, Industrial Development and Policy, Services Sector Growth |
| SEC (BAE) 303 | Data Collection and Presentation | Skill Enhancement Course (SEC) | 2 | Types of Data and Sources, Methods of Data Collection (Primary & Secondary), Sampling Techniques, Tabulation of Data, Diagrammatic and Graphical Presentation |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAE 401 | Principles of Macroeconomics - II | Core (Discipline Specific Core - DSC) | 4 | Inflation: Causes, Effects, Control, Business Cycles, Fiscal Policy: Objectives, Instruments, Effects, Monetary Policy: Objectives, Instruments, Limitations, Open Economy Macroeconomics |
| BAE 402 | Indian Economy - II | Core (Discipline Specific Core - DSC) | 4 | Population Growth and Human Development, Poverty and Inequality in India, Unemployment Issues and Policies, Economic Reforms (LPG Policy), Regional Disparities and Development |
| SEC (BAE) 403 | Basic Computer Applications for Economics | Skill Enhancement Course (SEC) | 2 | Introduction to MS Office (Word, Excel, PowerPoint), Internet Browsing and Email, Data Management in Excel, Basic Statistical Functions in Excel, Online Resources for Economic Data |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAE 501 | Public Economics | Core (Discipline Specific Core - DSC) | 4 | Role and Functions of Government in Economy, Public Goods and Externalities, Public Revenue: Taxation Principles and Classification, Public Expenditure and Budget, Public Debt and Fiscal Federalism |
| BAE 502 | Development Economics | Core (Discipline Specific Core - DSC) | 4 | Concepts of Economic Development and Growth, Theories of Development (e.g., Harrod-Domar, Lewis), Poverty, Inequality and Human Development Index, Role of Capital, Technology, and Human Capital, Sustainable Development Goals |
| BAE 503 DSE I | Financial Institutions and Markets | Discipline Specific Elective (DSE) | 4 | Structure of Indian Financial System, Money Market and Capital Market Instruments, Role of Reserve Bank of India (RBI), Commercial Banks and Non-Banking Financial Companies (NBFCs), Financial Sector Reforms in India |
| OE 501 | Open Elective - I | Open Elective (OE) | 3 |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAE 601 | International Economics | Core (Discipline Specific Core - DSC) | 4 | Theories of International Trade (Absolute, Comparative Advantage), Terms of Trade and Gains from Trade, Trade Barriers (Tariffs, Quotas), Balance of Payments: Components and Disequilibrium, Exchange Rate Systems and International Financial Institutions |
| BAE 602 | Econometrics | Core (Discipline Specific Core - DSC) | 4 | Introduction to Econometrics, Simple and Multiple Linear Regression Model, Assumptions of Classical Linear Regression Model, Problems in Regression (Multicollinearity, Heteroskedasticity), Time Series and Panel Data Basics |
| BAE 603 DSE II | Agricultural Economics | Discipline Specific Elective (DSE) | 4 | Role of Agriculture in Economic Development, Land Reforms and Green Revolution, Agricultural Marketing and Pricing, Farm Finance and Credit, Food Security and Policies |
| OE 601 | Open Elective - II | Open Elective (OE) | 3 |
