.png&w=1920&q=75)
BA-HONS in Economics at Krea University
Sri Potti Sriramulu Nellore, Andhra Pradesh
.png&w=1920&q=75)
About the Specialization
What is Economics at Krea University Sri Potti Sriramulu Nellore?
This BA (Hons) Economics program at Krea University focuses on developing a deep, analytical understanding of economic principles and their real-world applications within a liberal arts framework. It emphasizes quantitative methods, critical thinking, and interdisciplinary perspectives to address complex economic challenges facing India and the global economy. The program uniquely integrates foundational knowledge with contemporary issues, preparing students for dynamic roles in policy, research, and industry.
Who Should Apply?
This program is ideal for intellectually curious fresh graduates from diverse academic backgrounds who possess strong analytical skills and a keen interest in understanding societal economic mechanisms. It also suits aspiring policymakers, researchers, and data analysts eager to contribute to India''''s economic growth. Candidates with a quantitative aptitude and a passion for socio-economic development, regardless of their prior stream, will find this program rewarding.
Why Choose This Course?
Graduates of this program can expect to pursue diverse India-specific career paths in sectors such as economic consulting, public policy analysis, financial services, data analytics, and development organizations. Entry-level salaries typically range from INR 4-7 lakhs annually, with significant growth potential up to INR 15-25 lakhs for experienced professionals. The program equips students with advanced analytical and empirical skills highly valued by Indian corporates and government bodies.
Student Success Practices
Foundation Stage
Build Foundational Quantitative and Critical Thinking Skills- (Semester 1-2)
Actively engage with courses like Mathematical Thinking and Data Analysis and Presentation. Focus on understanding concepts rather than rote learning. Participate in problem-solving sessions and seek clarifications. Develop strong logical reasoning and analytical skills essential for higher-level economics.
Tools & Resources
Khan Academy, Coursera (for basic statistics/math), University''''s academic support center, Peer study groups
Career Connection
These skills are fundamental for any analytical role in economics, finance, or data science, enhancing problem-solving capabilities required by employers.
Cultivate Strong Academic Writing and Research Habits- (Semester 1-2)
Prioritize excellence in Critical Thinking and Academic Writing. Practice structuring arguments, conducting basic literature searches, and citing sources correctly. Seek feedback on essays and reports from professors and writing tutors to refine your communication skills.
Tools & Resources
Krea''''s Writing Centre, Purdue OWL, Zotero (for citation management), Academic databases accessible via university library
Career Connection
Essential for effective communication in professional settings, report writing, and preparing for research-oriented careers in policy or academia.
Engage with Interdisciplinary Perspectives- (Semester 1-2)
Actively participate in Interwoven courses like Scientific Reasoning and Introduction to India. Understand how different disciplines intersect with economic issues. Attend campus talks, workshops, and debates on contemporary social and political thought to broaden your intellectual horizons.
Tools & Resources
University lecture series, Interdisciplinary student clubs, Current affairs analysis (e.g., Economic and Political Weekly)
Career Connection
Fosters a holistic understanding of real-world problems, making you a more versatile and adaptable professional capable of cross-functional collaboration.
Intermediate Stage
Deepen Economic Theory and Quantitative Application- (Semester 3-5)
Focus intensely on Microeconomics I & II, Macroeconomics I & II, and Introduction to Econometrics. Supplement classroom learning with solving numerous practice problems and case studies. Try to apply theoretical concepts to real-world Indian economic scenarios.
Tools & Resources
Textbooks (e.g., Mankiw, Varian), Online problem sets, Statistical software (R, Stata, Python libraries) tutorials, NPTEL courses
Career Connection
Builds the core expertise required for roles in economic analysis, financial modeling, and data-driven decision-making in India''''s growing economy.
Pursue Relevant Internships and Experiential Learning- (Semester 4-5 (during breaks or designated project periods))
Actively seek internships during summer breaks or through the Experiential Learning Project. Target think tanks, research institutes, banks, or startups in India. Apply theoretical knowledge to practical problems, network with professionals, and gain insights into industry operations.
Tools & Resources
Krea''''s Career Services, LinkedIn, Internshala, Company career pages, Faculty recommendations
Career Connection
Crucial for building a professional resume, gaining practical exposure, and converting internships into pre-placement offers in the Indian job market.
Build Proficiency in Data Analysis and Research Methods- (Semester 3-5)
Master statistical software and research methodologies introduced in Data Analysis and Research Methods. Participate in data analysis competitions or contribute to faculty research projects. This practical skill is highly sought after by employers in India.
Tools & Resources
RStudio, Python (with Pandas, NumPy, SciPy), Stata, SPSS, Kaggle, University research labs
Career Connection
Directly prepares you for roles as a data analyst, quantitative researcher, or economist, highly valued across diverse sectors in India.
Advanced Stage
Specialize through Electives and Advanced Econometrics- (Semester 6-8)
Strategically choose Major Electives that align with your career interests (e.g., Financial Economics for banking, Development Economics for policy). Excel in Advanced Econometrics to handle complex data and build robust models, preparing for specialized roles.
Tools & Resources
Specialized textbooks, Research papers in your chosen field, Advanced statistical packages, Industry-specific forums
Career Connection
Develops a niche expertise, making you a strong candidate for specialized roles in economic consulting, financial analysis, or advanced research positions.
Conduct High-Quality Research Capstone Projects- (Semester 7-8)
Dedicate significant effort to your Research Capstone Projects (RC401 & RC402). Choose a topic relevant to the Indian economy, conduct thorough literature review, collect and analyze data rigorously, and present your findings professionally. This demonstrates independent research capability.
Tools & Resources
Academic journals, Krea library resources, Research methodology guides, Faculty mentors, Statistical software for analysis
Career Connection
A strong research project can serve as a portfolio piece, showcasing your analytical, empirical, and writing skills, particularly valuable for graduate studies or research-intensive jobs.
Focus on Career Planning and Placement Preparation- (Semester 6-8)
Work closely with the university''''s career services department for resume building, mock interviews, and understanding job market trends in India. Network with alumni, attend recruitment events, and prepare for competitive exams if aiming for civil services or public sector roles.
Tools & Resources
Krea''''s Career Development Centre, Alumni network events, Interview preparation platforms, Aptitude test resources (e.g., quantitative aptitude for government exams)
Career Connection
Ensures you are well-prepared for the competitive Indian job market, increasing your chances of securing desirable placements in your chosen field.
Program Structure and Curriculum
Eligibility:
- Successfully complete the 12th Grade / equivalent examination / A-level examination (e.g., minimum 60% overall in Grade 12 for Indian Boards, or minimum C in 3 A-level subjects).
Duration: 8 semesters / 4 years
Credits: 144 Credits
Assessment: Internal: Course-specific, determined by instructor and specified in course syllabus, External: Course-specific, determined by instructor and specified in course syllabus
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| SIAS F111 | Critical Thinking and Academic Writing | Foundation | 3 | Argumentation and Logic, Research and Inquiry, Academic Conventions, Critical Reading, Writing Strategies |
| SIAS F121 | Mathematical Thinking | Foundation | 3 | Logical Reasoning, Problem-Solving Strategies, Algebraic Methods, Functions and Relations, Introduction to Discrete Mathematics |
| SIAS I111 | Scientific Reasoning | Interwoven | 3 | Scientific Method, Evidence-Based Reasoning, Data Interpretation, Understanding Natural Sciences, Impact of Science on Society |
| SIAS I121 | Introduction to India | Interwoven | 3 | Indian History and Civilization, Cultural Diversity, Political Systems and Governance, Social Structures, Economic Development Challenges |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| SIAS F112 | Data Analysis and Presentation | Foundation | 3 | Descriptive Statistics, Probability Basics, Data Visualization, Statistical Inference Introduction, Data Storytelling |
| SIAS F122 | Ethical Reasoning | Foundation | 3 | Moral Philosophy, Ethical Theories, Moral Dilemmas, Decision-Making Frameworks, Ethics in Society |
| SIAS I112 | Social and Political Thought | Interwoven | 3 | Major Political Ideologies, Justice and Equality, Governance and Power, Social Movements, Contemporary Political Debates |
| SIAS I122 | Introduction to Arts and Humanities | Interwoven | 3 | Art Forms and Aesthetics, Literary Analysis, Philosophical Traditions, Cultural Expressions, Human Creativity |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON MC201 | Microeconomics I | Major Core | 4 | Consumer Behavior, Producer Theory, Market Structures, Welfare Economics, General Equilibrium |
| ECON MC202 | Macroeconomics I | Major Core | 4 | National Income Accounting, Economic Growth, Business Cycles, Inflation and Unemployment, Fiscal and Monetary Policy Introduction |
| SIAS I211 | Design Thinking | Interwoven | 3 | Problem Definition, Ideation Techniques, Prototyping, User-Centered Design, Innovation Process |
| SIAS F211 | Introduction to Computational Thinking | Foundation | 3 | Algorithms and Flowcharts, Computational Problem Solving, Basic Programming Concepts, Data Representation, Introduction to Data Structures |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON MC203 | Microeconomics II | Major Core | 4 | Game Theory, Industrial Organization, Economics of Information, Externalities and Public Goods, Asymmetric Information |
| ECON MC204 | Macroeconomics II | Major Core | 4 | Open Economy Macroeconomics, Monetary and Fiscal Policy Models, International Finance, Economic Models, Long-Run Economic Growth |
| ECON MC205 | Introduction to Econometrics | Major Core | 4 | Regression Analysis, Hypothesis Testing, Panel Data Introduction, Time Series Fundamentals, Econometric Software Application |
| SIAS F212 | Research Methods | Foundation | 3 | Research Design, Qualitative Research Methods, Quantitative Research Methods, Data Collection Techniques, Ethical Considerations in Research |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON MC301 | Indian Economy | Major Core | 4 | Economic History of India, Structural Changes in Indian Economy, Agricultural and Industrial Sectors, Economic Reforms and Globalization, Contemporary Economic Challenges |
| ECON MC302 | Public Economics | Major Core | 4 | Government Intervention in Economy, Taxation and Public Expenditure, Welfare Economics and Public Goods, Fiscal Federalism, Public Debt and Budgeting |
| ECON ME3XX | Environmental Economics (Major Elective 1) | Major Elective | 4 | Environmental Externalities, Natural Resource Management, Climate Change Economics, Environmental Policy Instruments, Sustainable Development |
| SIAS EL301 | Experiential Learning Project 1 | Experiential Learning | 3 | Project Planning and Management, Fieldwork and Data Collection, Problem-Solving in Real-World Contexts, Report Writing and Presentation, Reflection on Learning |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON MC303 | International Economics | Major Core | 4 | Theories of International Trade, Trade Policy and Protectionism, Balance of Payments, Exchange Rates and Foreign Exchange Markets, International Financial Institutions |
| ECON MC304 | Mathematical Economics | Major Core | 4 | Optimization Techniques, Calculus in Economics, Linear Algebra Applications, Difference and Differential Equations, Dynamic Economic Models |
| ECON ME3XX | Financial Economics (Major Elective 2) | Major Elective | 4 | Asset Pricing Models, Financial Markets and Instruments, Risk and Return Analysis, Portfolio Theory, Derivatives and Hedging |
| SIAS I311 | Social Entrepreneurship | Interwoven | 3 | Identifying Social Problems, Entrepreneurial Solutions, Business Models for Social Impact, Impact Measurement, Sustainability in Social Ventures |
Semester 7
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON MC401 | Advanced Econometrics | Major Core | 4 | Time Series Econometrics, Panel Data Models, Limited Dependent Variable Models, Causality and Endogeneity, Advanced Estimation Techniques |
| ECON ME4XX | Health Economics (Major Elective 3) | Major Elective | 4 | Demand for Health and Healthcare, Healthcare Markets and Systems, Health Insurance Economics, Economic Evaluation of Health Programs, Health Policy Analysis |
| SIAS RC401 | Research Capstone Project 1 | Research Capstone | 6 | Literature Review, Research Question Formulation, Methodology Design, Data Analysis Planning, Academic Writing for Thesis |
Semester 8
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON ME4XX | Economics of Education (Major Elective 4) | Major Elective | 4 | Human Capital Theory, Returns to Education, Education Financing, Policy Evaluation in Education, Educational Inequality |
| SIAS RC402 | Research Capstone Project 2 | Research Capstone | 6 | Advanced Empirical Analysis, Thesis Drafting and Refinement, Academic Presentation Skills, Defense Preparation, Ethical Research Practices |
