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BA in Economics at Jawaharlal Nehru Rajkeeya Mahavidyalaya
South Andaman, Andaman and Nicobar Islands
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About the Specialization
What is Economics at Jawaharlal Nehru Rajkeeya Mahavidyalaya South Andaman?
This BA Economics program at Jawaharlal Nehru Rajkeeya Mahavidyalaya focuses on equipping students with a robust understanding of economic principles and their real-world applications. With a curriculum designed by Pondicherry University for its affiliated colleges, it delves into micro, macro, and applied economics, fostering analytical and critical thinking essential for various sectors within the Indian economy. The program emphasizes both theoretical foundations and practical quantitative skills.
Who Should Apply?
This program is ideal for fresh 10+2 graduates seeking entry into diverse economic roles, including research, data analysis, and policy assistance. It also suits individuals passionate about understanding market dynamics, government policies, and global economic trends. Students with a keen interest in logical reasoning, problem-solving, and socio-economic issues, and a basic aptitude for mathematics, will find this specialization rewarding and career-enableing.
Why Choose This Course?
Graduates of this program can expect to pursue career paths such as economic analysts, data scientists, policy researchers, and banking professionals in India. Entry-level salaries typically range from INR 2.5 to 4.5 lakhs per annum, with significant growth potential for experienced professionals. The analytical skills acquired are highly transferable, preparing students for roles in finance, consulting, and public administration, aligning with various competitive examinations.
Student Success Practices
Foundation Stage
Build Strong Economic Fundamentals- (Semester 1-2)
Focus intensely on understanding core Micro and Macro Economics concepts, definitions, and theories. Regularly revise and clarify doubts with professors. Form study groups to discuss complex topics and solve problems collaboratively.
Tools & Resources
NPTEL courses for Economics basics, Standard textbooks (e.g., Mankiw, Pindyck), Study groups, University library resources
Career Connection
A solid foundation is crucial for advanced studies and analytical roles, ensuring a clear understanding of economic logic required for interviews and professional tasks.
Develop Quantitative & Computational Skills Early- (Semester 1-2)
Dedicate extra time to mastering Mathematical and Statistical Methods for Economics. Simultaneously, become proficient in basic computer applications like MS Excel and SPSS, as these are indispensable for economic data analysis. Practice data entry and basic statistical functions.
Tools & Resources
Online tutorials for Excel/SPSS, R/Python for beginners, Practice datasets, Quantitative reasoning books
Career Connection
These skills are directly applicable to data analyst, market research, and financial roles, making graduates immediately employable in data-intensive sectors.
Enhance Communication and Environmental Awareness- (Semester 1-2)
Actively participate in English language classes, focusing on improving both written and verbal communication. Engage with Environmental Studies to understand socio-economic impacts, and practice articulating these complex issues. Present findings to peers to build confidence.
Tools & Resources
Public speaking clubs, Debate societies, English language improvement apps, Documentaries on environmental issues, Case studies on sustainable development
Career Connection
Effective communication is vital for presenting economic analyses and policy recommendations, while environmental literacy is increasingly important in sustainable development and corporate social responsibility roles.
Intermediate Stage
Dive Deep into Macroeconomic Policies & Indian Economy- (Semester 3-5)
Beyond theory, analyze current macroeconomic challenges and government policies in India. Read economic newspapers (e.g., The Economic Times, Business Standard) and magazines (e.g., EPW) regularly to connect classroom learning with real-world scenarios.
Tools & Resources
Economic Survey of India, Union Budget documents, RBI publications, Business news portals, Economic journals
Career Connection
Develops a strong understanding of India''''s economic landscape, critical for roles in public sector banks, government ministries, and economic journalism.
Cultivate Research and Data Analysis Acumen- (Semester 3-5)
Begin exploring basic econometrics and research methodology. Work on small research projects, even if personal, to apply statistical tools and data analysis techniques. Familiarize yourself with secondary data sources relevant to economics in India.
Tools & Resources
E-views/Stata tutorials, NSSO reports, CSO data, World Bank data, Research papers from Indian economic institutes
Career Connection
Builds foundational skills for research analyst positions, market intelligence, and further academic pursuits in economics, highly valued in think tanks and corporate research divisions.
Engage in Economic Debates and Policy Discussions- (Semester 3-5)
Participate in college-level debates, seminars, and workshops focused on economic issues. Develop the ability to critically analyze different viewpoints on policy matters and present well-reasoned arguments. Join an economics club if available.
Tools & Resources
Online forums on economic policy, Think tank webinars, Policy briefs, Interaction with faculty
Career Connection
Enhances critical thinking and persuasive communication, essential for roles in policy advocacy, consulting, and any position requiring strategic decision-making and stakeholder engagement.
Advanced Stage
Specialize and Gain Practical Expertise- (Semester 6)
Choose elective courses strategically based on your career interests (e.g., Econometrics, Environmental Economics, Financial Economics). Seek out internships or practical projects that allow you to apply specialized knowledge in real industry settings, preferably in the Andaman region or mainland.
Tools & Resources
Internship search platforms (Internshala, LinkedIn), University career services, Faculty recommendations for project opportunities
Career Connection
Direct industry experience is invaluable for placements, demonstrating practical application of advanced economic theories and increasing employability in specific sectors.
Master Advanced Econometric Modeling & Data Interpretation- (Semester 6)
Focus on advanced econometric concepts, model building, and interpretation of results. Practice using software like EViews or R/Python for complex economic data analysis. Work on a capstone project or a substantial research paper.
Tools & Resources
Advanced econometrics textbooks, Specialized online courses (Coursera, edX), Statistical software user manuals, Academic research databases
Career Connection
This skill set is highly sought after for roles as quantitative analysts, data scientists, and research economists, commanding higher salaries and greater responsibilities.
Strategic Career Planning & Placement Preparation- (Semester 6)
Actively prepare for job interviews, focusing on both economic concepts and general aptitude. Attend career counseling sessions, mock interviews, and resume-building workshops. Network with alumni and professionals in your target industries.
Tools & Resources
Placement cell resources, Online interview preparation platforms, Professional networking events, Alumni mentorship programs
Career Connection
Ensures graduates are well-prepared for the job market, increasing their chances of securing desirable placements in top Indian companies and organizations.
Program Structure and Curriculum
Eligibility:
- A pass in the Higher Secondary Examination (10+2) or an equivalent examination recognized by Pondicherry University.
Duration: 3 years (6 semesters)
Credits: 140 Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ULG1 | Language – I (Telugu/Hindi/Tamil/Malayalam/French/Sanskrit) | Language | 3 | Grammar and Composition, Reading Comprehension, Basic Literary Forms, Everyday Communication, Cultural Aspects of Language |
| UEN1 | English – I | English | 3 | Prose and Short Stories, Grammar and Usage, Basic Communication Skills, Vocabulary Building, Sentence Structure |
| UCECO101 | Micro Economics – I | Core | 4 | Basic Economic Problems, Theory of Consumer Behaviour, Demand Analysis, Production Function, Cost Analysis |
| UAEC101 | Mathematical Methods for Economics – I | Allied | 3 | Basic Algebra, Functions and their Graphs, Differentiation, Integration, Set Theory |
| USECO101 | Computer Applications in Economics – I | Skill-Based Elective | 2 | Introduction to Computers, MS Word for Document Creation, MS Excel for Data Handling, Internet and Web Browsing, Email Management |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ULG2 | Language – II (Telugu/Hindi/Tamil/Malayalam/French/Sanskrit) | Language | 3 | Advanced Grammar, Essay Writing, Introduction to Literature, Formal and Informal Communication, Translation Practice |
| UEN2 | English – II | English | 3 | Poetry and Drama, Literary Appreciation, Creative Writing, Report Writing, Public Speaking |
| UCECO202 | Micro Economics – II | Core | 4 | Market Structures (Perfect Competition, Monopoly), Monopolistic Competition and Oligopoly, Theory of Factor Pricing, Welfare Economics, General Equilibrium |
| UAEC202 | Mathematical Methods for Economics – II | Allied | 3 | Matrix Algebra, Determinants, Linear Programming, Input-Output Analysis, Game Theory Concepts |
| USECO202 | Computer Applications in Economics – II | Skill-Based Elective | 2 | Statistical Package for Social Sciences (SPSS) Basics, Data Analysis with SPSS, Spreadsheet Modeling, Economic Data Visualization, Database Management Concepts |
| UES201 | Environmental Studies | Environmental Studies | 2 | Ecosystems and Biodiversity, Environmental Pollution, Natural Resources, Social Issues and the Environment, Environmental Ethics |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ULG3 | Language – III (Telugu/Hindi/Tamil/Malayalam/French/Sanskrit) | Language | 3 | Literary Genres, Critical Analysis of Texts, Advanced Writing Skills, Presentation Techniques, Language and Culture |
| UEN3 | English – III | English | 3 | Fiction and Novel Analysis, Critical Literary Theories, Academic Essay Writing, Research Paper Basics, Formal Correspondence |
| UCECO303 | Macro Economics – I | Core | 4 | National Income Accounting, Classical Theory of Employment, Keynesian Theory of Income and Employment, Consumption Function, Investment Function |
| UAEC303 | Statistical Methods for Economics – I | Allied | 3 | Collection and Organization of Data, Diagrammatic and Graphical Presentation, Measures of Central Tendency, Measures of Dispersion, Skewness and Kurtosis |
| USECO303 | Basic Econometrics | Skill-Based Elective | 2 | Nature of Econometrics, Two Variable Regression Model, Assumptions of Classical Linear Regression Model, Properties of OLS Estimators, Introduction to E-views/SPSS for Econometrics |
| UVA301 | Value Added Course – I (e.g., Human Rights, Gender Studies) | Value Added | 2 | Concepts of Human Rights, Universal Declaration of Human Rights, Human Rights in Indian Constitution, Gender Sensitization, Social Justice Issues |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ULG4 | Language – IV (Telugu/Hindi/Tamil/Malayalam/French/Sanskrit) | Language | 3 | Advanced Literary Studies, Creative Writing, Research and Referencing, Cross-cultural Communication, Language and Society |
| UEN4 | English – IV | English | 3 | Indian Writing in English, Modern Communication Strategies, Group Discussions and Debates, Advanced Grammar and Usage, Professional Communication |
| UCECO404 | Macro Economics – II | Core | 4 | Money and Banking, Theories of Inflation, Unemployment and Phillips Curve, Monetary Policy, Fiscal Policy |
| UAEC404 | Statistical Methods for Economics – II | Allied | 3 | Correlation Analysis, Regression Analysis, Probability and Probability Distributions, Index Numbers, Time Series Analysis |
| USECO404 | Research Methodology in Economics | Skill-Based Elective | 2 | Meaning and Types of Research, Research Design, Sampling Methods, Data Collection Techniques, Report Writing |
| UNMEC401 | Non-Major Elective Course – I (e.g., Entrepreneurial Development, Gandhian Economics) | Non-Major Elective | 2 | Entrepreneurship Concepts, Business Plan Development, Gandhian Economic Thought, Rural Development, Small Scale Industries |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| UCECO505 | Development Economics – I | Core | 4 | Meaning and Measurement of Development, Theories of Economic Growth, Poverty and Inequality, Human Capital and Economic Development, Population and Development |
| UCECO506 | Indian Economy – I | Core | 4 | Basic Characteristics of Indian Economy, Planning in India, Agriculture Sector in India, Industry Sector in India, Services Sector in India |
| UCECO507 | Public Economics – I | Core | 4 | Role of Government in the Economy, Public Goods and Externalities, Public Revenue (Taxation), Principles of Taxation, Effects of Taxation |
| UELECO501 | Elective Course – I (e.g., Econometrics, History of Economic Thought) | Elective | 4 | Multiple Regression Analysis, Dummy Variables, Problems in Regression Analysis (Multicollinearity, Heteroscedasticity), Contributions of Classical Economists, Keynesian Revolution |
| USS501 | Soft Skill Course – I (e.g., Communication Skills, Personality Development) | Soft Skill | 2 | Effective Communication, Interpersonal Skills, Group Discussion Techniques, Interview Preparation, Time Management |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| UCECO608 | Development Economics – II | Core | 4 | International Trade and Development, Foreign Aid and FDI, Sustainable Development Goals (SDGs), Environmental Economics, Population Policies |
| UCECO609 | Indian Economy – II | Core | 4 | Foreign Trade and Balance of Payments, Economic Reforms in India, Financial Sector in India, Poverty and Unemployment in India, Current Economic Issues |
| UCECO610 | Public Economics – II | Core | 4 | Public Expenditure, Public Debt Management, Fiscal Federalism, Budgetary Process and Reforms, Fiscal Policy in India |
| UELECO602 | Elective Course – II (e.g., Environmental Economics, Financial Economics) | Elective | 4 | Environmental Valuation Methods, Pollution Control Policies, Climate Change Economics, Risk and Return in Finance, Capital Markets |
| UELECO603 | Elective Course – III (e.g., Industrial Economics, Labour Economics) | Elective | 4 | Industrial Market Structure, Theories of Firm, Industrial Policies in India, Labour Market Theories, Wage Determination |
