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BA in Economics at Janta Vaidik Mahavidyalay, Menhdawal

Janta Vaidik Mahavidyalay, located in Sant Kabir Nagar, Uttar Pradesh, is a notable educational institution established in 1965. Affiliated with Siddharth University, it offers diverse undergraduate and postgraduate programs in Arts, Science, Commerce, and Education, serving as a key center for higher learning in the region.

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Sant Kabir Nagar, Uttar Pradesh

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About the Specialization

What is Economics at Janta Vaidik Mahavidyalay, Menhdawal Sant Kabir Nagar?

This Economics specialization program at Janta Vaidik Mahavidyalay, affiliated with Siddharth University, focuses on providing a comprehensive understanding of economic principles, policies, and their application. It delves into both microeconomic and macroeconomic theories, Indian economic development, and quantitative methods. The program is highly relevant in India, given the nation''''s dynamic economic landscape, rapid policy changes, and growing need for skilled economic analysts in various sectors.

Who Should Apply?

This program is ideal for fresh graduates seeking entry into roles requiring economic analysis, public policy, or financial understanding. It also suits working professionals aiming to upskill for managerial or analytical positions, and career changers transitioning into fields like data analysis or research. Students with a keen interest in national and global economic trends, policy making, and problem-solving through an economic lens are well-suited.

Why Choose This Course?

Graduates of this program can expect diverse India-specific career paths, including roles in government organizations (UPSC, state PSCs), banking, financial services, market research, and NGOs. Entry-level salaries typically range from INR 3-6 LPA, growing significantly with experience. Growth trajectories often lead to positions like Economic Analyst, Research Associate, Policy Consultant, or Financial Advisor in both private and public sectors across India. Alignments include preparation for competitive exams.

Student Success Practices

Foundation Stage

Master Economic Fundamentals- (Semester 1-2)

Diligently study core microeconomics and macroeconomics concepts. Focus on understanding the ''''why'''' behind economic phenomena rather than rote memorization. Actively participate in classroom discussions and seek clarifications to build a strong theoretical base for advanced studies.

Tools & Resources

NCERT Economics textbooks (Class 11 & 12), Standard Indian author books (e.g., H.L. Ahuja, D.N. Dwivedi), NPTEL lectures on introductory economics, Online quizzes on basic economic principles

Career Connection

A robust understanding of fundamentals is crucial for competitive exams (UPSC, RBI Grade B) and for excelling in entry-level analyst roles where foundational knowledge is tested.

Develop Quantitative Skills Early- (Semester 1-2)

Pay close attention to mathematical and statistical methods applied in economics. Practice numerical problems regularly. Utilize online platforms for basic data analysis and interpretation, even if formal subjects are later. This builds analytical acumen.

Tools & Resources

Khan Academy for basic math & statistics, Excel for simple data handling, Online practice problems for demand-supply elasticity, national income calculation

Career Connection

Strong quantitative skills are highly valued in roles like financial analysis, market research, and data-driven policy formulation within Indian firms.

Engage in Peer Learning and Study Groups- (Semester 1-2)

Form study groups with classmates to discuss complex economic theories and problem-solve together. Explain concepts to peers to solidify your own understanding. Collaborate on assignments and share learning resources to foster a supportive academic environment.

Tools & Resources

College library study rooms, Online collaboration tools (Google Docs), WhatsApp groups for quick discussions

Career Connection

Enhances problem-solving, communication, and teamwork skills—essential for any professional role in India, from corporate teams to government departments.

Intermediate Stage

Explore Indian Economic Policies and Data- (Semester 3-4)

Beyond textbooks, delve into current Indian economic issues, government policies, and budget analyses. Regularly read economic newspapers (e.g., The Economic Times, Business Standard) and government reports. Understand how theoretical concepts apply to India''''s unique context.

Tools & Resources

RBI Annual Reports, Economic Survey of India (Union Budget documents), NITI Aayog publications, Financial news portals

Career Connection

Directly prepares for roles in public policy, government sectors, and economic journalism, where understanding India''''s economy is paramount.

Participate in Economic Debates and Quizzes- (Semester 3-5)

Actively join college-level or inter-college economic debates, essay competitions, and quizzes. This improves critical thinking, articulation, and quick recall of economic facts. It also provides networking opportunities with like-minded students and faculty.

Tools & Resources

College''''s Economics Society, Online forums for economic discussions, General knowledge and current affairs resources

Career Connection

Develops public speaking and analytical skills crucial for interviews and presentations in professional settings, and boosts confidence for competitive exams.

Undertake Mini Research Projects or Internships- (Semester 3-5)

Seek opportunities for short-term internships with local NGOs, small businesses, or faculty-led research projects. Even small projects provide practical exposure to data collection, analysis, and report writing. This builds a practical portfolio.

Tools & Resources

College placement cell (if any), LinkedIn for local internship listings, Faculty guidance for research topics

Career Connection

Gain practical experience that differentiates you in the Indian job market, especially for roles in research, consulting, or project management.

Advanced Stage

Specialize and Build Analytical Proficiency- (Semester 5-6)

Focus intensely on your chosen elective areas (e.g., International Economics, Mathematical Economics). Aim to develop proficiency in advanced analytical tools and software relevant to economic modeling and forecasting. Consider pursuing certifications in data analysis.

Tools & Resources

R/Python for Econometrics (basic level), STATA/EViews tutorials, Certifications in Data Analytics from platforms like Coursera/NPTEL

Career Connection

Opens doors to specialized roles in economic research, data science, financial modeling, and advanced policy analysis within Indian corporate and government sectors.

Prepare for Higher Education or Career Entry- (Semester 5-6)

Begin preparing for entrance exams for postgraduate studies (MA Economics) or competitive examinations for government jobs (UPSC Civil Services, RBI, SEBI). Tailor your final year project or dissertation to align with your career aspirations to showcase expertise.

Tools & Resources

Previous year question papers for target exams, Coaching institutes (if opting), Mentorship from faculty and alumni, Mock interviews and group discussions

Career Connection

Directly impacts securing admissions to top Indian universities for further studies or gaining placements in reputable organizations and government services.

Network Actively and Seek Mentorship- (Semester 5-6)

Attend webinars, seminars, and alumni meets related to economics. Connect with professionals in your areas of interest on platforms like LinkedIn. Seek mentorship from faculty or industry experts for career guidance and insights into the Indian economic landscape.

Tools & Resources

LinkedIn, Professional economic associations (e.g., Indian Economic Association), University/college alumni network

Career Connection

Expands your professional network, leading to potential job opportunities, internships, and valuable career advice within India''''s competitive job market.

Program Structure and Curriculum

Eligibility:

  • 10+2 (Intermediate) in any stream from a recognized board or equivalent

Duration: 3 years / 6 semesters

Credits: 148 (as per NEP 2020 common structure) Credits

Assessment: Internal: 25%, External: 75%

Semester-wise Curriculum Table

Semester 1

Subject CodeSubject NameSubject TypeCreditsKey Topics
B070101TMajor Discipline I: Microeconomics - ICore (Economics Major)4Nature and Scope of Economics, Demand and Supply Analysis, Consumer Behavior (Utility and Indifference Curve), Production Function and Cost Analysis, Market Structures (Perfect Competition, Monopoly)
Major Discipline II (Student''''s Choice)Major4Fundamental concepts of chosen discipline, Introductory theories, Basic principles, Key historical developments, Current relevance
Major Discipline III (Student''''s Choice)Major4Fundamental concepts of chosen discipline, Introductory theories, Basic principles, Key historical developments, Current relevance
B070103TVocational Course: EntrepreneurshipVocational4Concept of Entrepreneurship, Types of Entrepreneurs, Business Idea Generation, Business Plan Development, Small Business Management, Government Policies for Entrepreneurs
B070102TCo-curricular Course: Food, Nutrition and HygieneCo-curricular2Concept of Food and Nutrition, Macronutrients and Micronutrients, Balanced Diet and Malnutrition, Food Adulteration and Food Safety, Personal and Community Hygiene
B070104TAbility Enhancement Course: Communication Skills (Hindi/English)AEC2Fundamentals of Communication, Grammar and Vocabulary, Reading Comprehension, Writing Skills (Letters, Essays), Speaking and Listening Skills

Semester 2

Subject CodeSubject NameSubject TypeCreditsKey Topics
B070201TMajor Discipline I: Macroeconomics - ICore (Economics Major)4National Income Accounting, Classical and Keynesian Theories of Employment, Consumption and Investment Functions, Money and Banking, Inflation and Deflation
Major Discipline II (Student''''s Choice)Major4Advanced topics in chosen discipline, Methodologies and research approaches, Critical analysis of theories, Contemporary issues, Interdisciplinary connections
Major Discipline III (Student''''s Choice)Major4Advanced topics in chosen discipline, Methodologies and research approaches, Critical analysis of theories, Contemporary issues, Interdisciplinary connections
B070203TVocational Course: Data Entry & Office AutomationVocational4Introduction to Computers, Operating Systems, MS Word, Excel, PowerPoint, Data Entry Techniques, Office Automation Tools, Internet and Email Basics
B070202TCo-curricular Course: First Aid & HealthCo-curricular2Basic First Aid Principles, Managing Common Injuries and Emergencies, CPR Techniques, Personal Health and Hygiene, Public Health Issues, Mental Health Awareness
B070204TAbility Enhancement Course: Environmental StudiesAEC2Concept of Environment, Ecology and Ecosystems, Biodiversity and Conservation, Environmental Pollution, Climate Change and Sustainable Development

Semester 3

Subject CodeSubject NameSubject TypeCreditsKey Topics
B070301TMajor Discipline I: Microeconomics - IICore (Economics Major)4Monopolistic Competition and Oligopoly, Theory of Distribution (Rent, Wages, Interest, Profit), Welfare Economics, Input Markets, Risk and Uncertainty
Major Discipline II (Student''''s Choice)Major4Specialized theories of chosen discipline, Research methodologies, Policy implications, Comparative analysis, Current events and trends
Minor Discipline: Elements of Indian EconomyMinor (Economics)4Basic Characteristics of Indian Economy, Planning in India, Agriculture and Industrial Sector, Poverty, Unemployment, and Inequality, Economic Reforms since 1991
B070303TVocational Course: Computer Applications for EconomistsVocational4Data Analysis with MS Excel, Basic Econometric Software (e.g., Gretl/R basics), Data Visualization, Statistical Tools for Economic Data, Presentation of Economic Data
B070302TCo-curricular Course: Human Values & Environmental StudiesCo-curricular2Ethics and Moral Values, Professional Ethics, Harmony in Society, Environmental Ethics, Sustainable Living, Role of Religion and Culture

Semester 4

Subject CodeSubject NameSubject TypeCreditsKey Topics
B070401TMajor Discipline I: Macroeconomics - IICore (Economics Major)4IS-LM Model, Business Cycles, Monetary and Fiscal Policies, Open Economy Macroeconomics, Macroeconomic Policy Debates
Major Discipline II (Student''''s Choice)Major4Advanced concepts in chosen discipline, Research project development, Application of theoretical models, Policy formulation, Global perspectives
Minor Discipline: Money, Banking & Public FinanceMinor (Economics)4Nature and Functions of Money, Commercial and Central Banking, Monetary Policy, Public Expenditure and Revenue, Budget and Fiscal Policy
B070403TVocational Course: Principles of MarketingVocational4Fundamentals of Marketing, Market Segmentation, Product, Price, Place, Promotion (4Ps), Consumer Behavior, Digital Marketing Basics, Marketing Ethics
B070402TCo-curricular Course: Physical Education & YogaCo-curricular2Importance of Physical Education, Basic Yoga Asanas, Meditation Techniques, Sports and Games, Health and Fitness, Stress Management

Semester 5

Subject CodeSubject NameSubject TypeCreditsKey Topics
B070501TMajor Discipline I: Indian EconomyCore (Economics Major)4Structure of Indian Economy, Economic Planning in India, Agriculture and Industrial Policies, Foreign Trade and Balance of Payments, Challenges: Poverty, Inequality, Unemployment
B070502T/B070503TElective Major I: Mathematical Methods for Economics OR Statistical Methods for EconomicsElective (Economics Major)4Basic Calculus for Economists, Linear Algebra (Matrices, Determinants), Optimization Techniques, Probability Theory, Measures of Central Tendency and Dispersion, Regression Analysis
Vocational Course: Rural DevelopmentVocational4Concept of Rural Development, Rural Poverty and Employment Schemes, Agricultural Development, Rural Infrastructure, Panchayati Raj Institutions, Sustainable Rural Practices
B070501CCo-curricular Course: Analytical Ability & Digital AwarenessCo-curricular2Logical Reasoning, Quantitative Aptitude, Data Interpretation, Basics of Digital Literacy, Cyber Security Awareness, Social Media Ethics

Semester 6

Subject CodeSubject NameSubject TypeCreditsKey Topics
B070601TMajor Discipline I: Growth & Development EconomicsCore (Economics Major)4Economic Growth vs. Economic Development, Theories of Growth (Harrod-Domar, Solow), Poverty and Inequality, Human Development Index, Role of State and Market in Development
B070602T/B070603T/B070604TElective Major I: International Economics OR Environmental Economics OR DemographyElective (Economics Major)4Theories of International Trade, Balance of Payments, Exchange Rates, Environmental Kuznet''''s Curve, Population Theories, Demographic Transition
B070605PProject Work / Dissertation / InternshipProject6Research Methodology, Data Collection and Analysis, Report Writing, Presentation Skills, Application of Economic Theories, Problem Solving
Vocational Course: Project Work / Internship in relevant fieldVocational4Practical application of vocational skills, Industry exposure, Problem-solving in real-world settings, Teamwork and communication, Report preparation
B070601CCo-curricular Course: Communication Skills & Personality DevelopmentCo-curricular2Advanced Communication Strategies, Public Speaking and Presentation, Interpersonal Skills, Leadership Qualities, Interview Preparation, Grooming and Etiquette
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