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BA in Economics at Hashmi Mahila Mahavidyalaya
Amroha, Uttar Pradesh
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About the Specialization
What is Economics at Hashmi Mahila Mahavidyalaya Amroha?
This Economics program at Hashmi Mahila Mahavidyalaya focuses on equipping students with a robust understanding of economic principles and their applications in the real world. The curriculum, designed as per NEP 2020, covers micro, macro, Indian, development, and environmental economics, preparing graduates for diverse challenges in India''''s evolving economic landscape, with an emphasis on local relevance and practical skills.
Who Should Apply?
This program is ideal for high school graduates with a keen interest in understanding economic phenomena, policy analysis, and social development. It suits individuals aspiring to careers in government, research, finance, or social sectors. Students who enjoy analytical thinking, problem-solving, and have a foundational grasp of mathematics will find this specialization particularly engaging.
Why Choose This Course?
Graduates of this program can expect to pursue various career paths in India, including roles as economic analysts, data researchers, policy assistants, banking professionals, and development sector specialists. Entry-level salaries typically range from INR 2.5 to 4.5 lakhs annually, with significant growth potential. The strong theoretical and practical foundation also aids in pursuing higher education like MA Economics or MBA.
Student Success Practices
Foundation Stage
Master Economic Fundamentals- (Semester 1-2)
Focus intently on understanding core micro and macro-economic concepts from semesters 1-2. Regularly revise definitions, theories, and models. Utilize textbooks prescribed by MJPRU and supplementary online resources like NPTEL lectures for deeper insights. Form study groups to discuss complex topics and clarify doubts, ensuring a strong conceptual base.
Tools & Resources
MJPRU prescribed textbooks, NPTEL online courses, Khan Academy Economics, Study groups
Career Connection
A strong foundation is crucial for excelling in advanced courses and analytical roles in finance, policy research, or academia later on. It forms the bedrock for all future economic understanding.
Develop Quantitative Skills- (Semester 1-2)
Pay special attention to the practical components in economics, which involve statistical tools and data interpretation. Practice numerical problems diligently, use spreadsheet software like Excel for basic data handling, and familiarise yourself with the concepts of index numbers, correlation, and regression. This builds analytical acumen essential for economic analysis.
Tools & Resources
Microsoft Excel, Statistics textbooks, Online practice quizzes for quantitative aptitude
Career Connection
Quantitative skills are highly sought after in economics, finance, and data analysis roles in India. Proficiency here makes you competitive for positions requiring empirical research and data-driven decision making.
Engage with Current Economic Affairs- (Semester 1-2)
Beyond textbooks, regularly read economic news from reputable Indian newspapers (e.g., The Economic Times, Business Standard) and magazines. Watch financial news channels to connect theoretical concepts with real-world events in the Indian context. This helps in understanding policy implications and preparing for interviews.
Tools & Resources
The Economic Times, Business Standard, RBI website, NITI Aayog reports
Career Connection
Staying updated with current economic affairs enhances your knowledge, improves your communication skills for interviews, and provides context for understanding policy discussions and market trends in India.
Intermediate Stage
Undertake Mini Research Projects- (Semester 3-5)
Beyond structured practicals, identify a local economic issue (e.g., impact of a specific government scheme in Amroha, local agricultural market analysis) and conduct a mini research project. Collect primary data if possible, analyze it, and write a concise report. This builds independent research and critical thinking skills.
Tools & Resources
Google Scholar, Local survey tools, Basic statistical software (e.g., R-Studio ''''R'''' for beginners or freely available online tools)
Career Connection
Practical research experience enhances your resume for analytical roles, prepares you for higher studies, and demonstrates initiative, a key trait for future employers or for civil services.
Network and Seek Mentorship- (Semester 3-5)
Attend economics seminars, webinars, and guest lectures organised by your college or university. Connect with professors and alumni working in economic fields. Seek their guidance on career paths, skill development, and potential internship opportunities. Build a professional network early on.
Tools & Resources
LinkedIn, College alumni network events, Departmental seminars
Career Connection
Networking opens doors to internship and job opportunities. Mentorship provides invaluable insights into industry expectations and career progression, which is vital in the Indian job market.
Participate in Economic Debates & Competitions- (Semester 3-5)
Actively participate in college-level debates, essay competitions, and quizzes on economic topics. This refines your communication skills, ability to articulate complex economic arguments, and fosters a competitive spirit. Look for inter-college events to broaden your exposure and challenge your perspectives.
Tools & Resources
College debate clubs, Online economic quizzes, Inter-college competition platforms
Career Connection
These activities improve public speaking and critical thinking, essential skills for roles in policy advocacy, journalism, or any position requiring clear communication and persuasive arguments.
Advanced Stage
Specialise in Elective Areas & Advanced Tools- (Semester 6)
As you move into advanced semesters, identify your areas of interest (e.g., econometrics, development economics, environmental economics) and delve deeper. Learn advanced statistical software (e.g., STATA, Python for data science) beyond basic tools, and apply them to complex economic datasets. This builds expertise for niche roles.
Tools & Resources
STATA/EViews (licensed), Python with Pandas/NumPy (free), Coursera/edX courses on econometrics
Career Connection
Specialized skills and proficiency in advanced software are highly valued in roles like economic consulting, data analytics, and research within Indian think tanks and corporations, leading to better career prospects and salaries.
Undertake a Comprehensive Research Project/Dissertation- (Semester 6)
Utilize the final semester''''s project/dissertation opportunity to work on a significant research problem. Apply all learned theoretical and empirical skills to produce a high-quality academic output. This showcases your ability to conduct independent, rigorous research, which is paramount for academia or research-oriented jobs.
Tools & Resources
Academic journals (JSTOR, ResearchGate), Reference management software (Mendeley, Zotero), Statistical software
Career Connection
A strong dissertation is a powerful credential for securing placements in research-intensive organizations, think tanks, or gaining admission to prestigious Master''''s or PhD programs in India and abroad.
Prepare Rigorously for Placements & Higher Education- (Semester 6)
In your final year, actively participate in campus placement drives. Prepare your resume, practice group discussions, and mock interviews. Simultaneously, research and apply for postgraduate programs (MA Economics, MBA) if higher education is your goal. Focus on general knowledge, current affairs, and logical reasoning for competitive exams.
Tools & Resources
Placement cell services, Online aptitude test platforms, Career counseling sessions
Career Connection
Focused preparation significantly increases your chances of securing a desirable job right after graduation or gaining admission to top-tier universities for further specialization, ensuring a strong start to your career.
Program Structure and Curriculum
Eligibility:
- No eligibility criteria specified
Duration: 3 years / 6 semesters
Credits: 38 (for Economics Major subjects) Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECO-101 | Microeconomics I | Core (Major) | 4 | Basic Economic Problems, Demand and Supply Analysis, Consumer Behaviour (Utility, Indifference Curve), Production Function, Cost and Revenue Concepts |
| BAECO-P01 | Economics Practical/Project I | Practical (Major) | 1 | Data Collection Methods, Tabulation and Diagrammatic Representation, Measures of Central Tendency, Index Numbers, Introduction to Regression |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECO-201 | Macroeconomics I | Core (Major) | 4 | National Income Accounting, Classical and Keynesian Theories of Employment, Consumption and Investment Functions, Money and Banking System, Theories of Inflation |
| BAECO-P02 | Economics Practical/Project II | Practical (Major) | 1 | Time Series Analysis, Probability and Distribution, Sampling Methods, Correlation Analysis, Hypothesis Testing Basics |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECO-301 | Microeconomics II | Core (Major) | 4 | Market Structures (Perfect Competition, Monopoly), Monopolistic Competition and Oligopoly, Theories of Factor Pricing (Rent, Wages), Theories of Interest and Profit, Welfare Economics Concepts |
| BAECO-P03 | Economics Practical/Project III | Practical (Major) | 1 | Introduction to Statistical Software (e.g., SPSS), Data Entry and Management, Descriptive Statistics using Software, Regression Analysis using Software, Interpretation of Statistical Output |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECO-401 | Macroeconomics II | Core (Major) | 4 | Monetary Policy and its Instruments, Fiscal Policy and its Impact, Business Cycles and Stabilization Policies, Theories of International Trade, Balance of Payments and Exchange Rates |
| BAECO-P04 | Economics Practical/Project IV | Practical (Major) | 1 | Economic Surveys and Questionnaire Design, Report Writing and Data Visualization, Effective Presentation Skills, Economic Case Study Analysis, Introduction to Research Methodology |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECO-501 | Indian Economy | Core (Major) | 4 | Structure and Characteristics of Indian Economy, Economic Planning and Reforms in India, Agriculture and Industrial Development, Poverty, Inequality, and Unemployment, Demographic Trends and Human Development |
| BAECO-502 | Public Finance | Core (Major) | 4 | Role and Functions of Government in Economy, Theories of Public Expenditure and Growth, Public Revenue (Taxation, Non-Tax Sources), Public Debt Management, Fiscal Federalism in India |
| BAECO-P05 | Economics Practical/Project V | Practical (Major) | 1 | Policy Impact Analysis, Field Study and Data Collection Techniques, Economic Data Interpretation for Policy, Introduction to Economic Modelling, Viva-Voce and Oral Examination Skills |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECO-601 | Development Economics | Core (Major) | 4 | Theories of Economic Development and Growth, Characteristics of Developing Economies, Poverty, Inequality, and Human Capital, Population Growth and Demographic Dividend, Sustainable Development Goals |
| BAECO-602 | Environmental Economics | Core (Major) | 4 | Environment-Economy Linkages, Environmental Externalities and Market Failure, Valuation of Environmental Goods and Services, Environmental Policy Instruments, Climate Change Economics and Green Accounting |
| BAECO-P06 | Economics Practical/Project VI | Practical (Major) | 1 | Independent Research Project Design, Thesis Writing and Documentation, Advanced Data Analysis and Interpretation, Literature Review and Citation Management, Final Project Presentation and Viva-Voce |
