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B-A-ECONOMICS in Economics at Kuriakose Elias College, Mannanam
Kottayam, Kerala
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About the Specialization
What is Economics at Kuriakose Elias College, Mannanam Kottayam?
This Economics program at Kuriakose Elias College focuses on providing a robust foundation in economic theories, quantitative methods, and their application to real-world issues. It delves into microeconomics, macroeconomics, international economics, and specialized areas like environmental economics, highly relevant to India''''s evolving economic landscape. The curriculum is designed to equip students with analytical skills demanded by various sectors of the Indian economy.
Who Should Apply?
This program is ideal for fresh graduates from diverse backgrounds seeking entry into policy analysis, research, finance, or data analytics roles within India. It also suits individuals passionate about understanding and contributing to India''''s socio-economic development. Aspirants for competitive civil services exams, those considering postgraduate studies in economics, or individuals aiming for roles in governmental and non-governmental organizations will find this program beneficial.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as economic analysts, data scientists, research associates, financial consultants, and policy advisors. Entry-level salaries typically range from INR 3-6 lakhs per annum, with experienced professionals earning significantly more. The program fosters critical thinking and problem-solving skills, aligning with the needs of leading Indian financial institutions, research organizations, and government bodies, promoting strong growth trajectories.
Student Success Practices
Foundation Stage
Master Core Economic Concepts- (Semester 1-2)
Focus intensely on understanding fundamental microeconomic and macroeconomic theories from day one. Attend all lectures, participate in discussions, and clarify doubts promptly. Utilize textbooks and supplementary readings provided by the university. Regular revision of foundational concepts is crucial.
Tools & Resources
Textbooks, MGU syllabus readings, Khan Academy, NPTEL for basic economics courses
Career Connection
A strong conceptual base is vital for higher-level economic analysis and forms the backbone for competitive exams and entry-level analytical roles.
Develop Quantitative Skills Early- (Semester 1-2)
Pay special attention to Mathematical Tools for Economics and Quantitative Methods. Practice problem-solving regularly. Utilize online resources for mathematical exercises and statistical software tutorials. Form study groups to tackle complex quantitative problems together.
Tools & Resources
NCERT Mathematics books (Class 11-12), Coursera (basic statistics), Excel for data handling
Career Connection
Strong quantitative aptitude is highly valued in roles like economic research, data analytics, and financial analysis, offering a competitive edge in the Indian job market.
Cultivate Effective Study Habits- (Semester 1-2)
Establish a consistent study schedule, prioritize topics based on syllabus weightage, and practice previous year''''s question papers. Actively seek feedback from professors on assignments and presentations. Focus on time management and stress reduction techniques.
Tools & Resources
Previous year MGU question papers, academic planners, Pomodoro Technique
Career Connection
Efficient study habits ensure academic excellence, building a strong GPA that is critical for higher studies and initial job applications in India.
Intermediate Stage
Engage with Indian Economic Issues- (Semester 3-5)
Beyond classroom learning, actively follow current economic events, policies, and debates specific to India. Read financial newspapers like The Economic Times, Business Standard, and magazines like Yojana or Kurukshetra. Participate in college debates or seminars on economic topics.
Tools & Resources
The Economic Times, Livemint, RBI publications, PRS India (for legislative research)
Career Connection
Understanding Indian economic realities makes you highly relevant for roles in policy analysis, government, and industry within India.
Explore Software for Economic Analysis- (Semester 3-5)
Begin learning basic statistical software like R, Python (with pandas/numpy), or Stata/EViews, even if not directly taught. Apply these tools to analyze small economic datasets. This self-learning complements theoretical knowledge and prepares for advanced courses.
Tools & Resources
R-Studio, Python (Anaconda distribution), online tutorials for basic data analysis
Career Connection
Proficiency in economic software significantly boosts employability for data-intensive roles in research firms, banks, and consulting companies.
Seek Internships and Projects- (Semester 3-5)
Look for short-term internships or volunteer for research projects with faculty or local NGOs focusing on economic development. Even unpaid experiences in data collection or basic analysis can provide invaluable practical exposure. Focus on gaining experience in Kerala-specific economic contexts if possible.
Tools & Resources
LinkedIn, Internshala, university career cells, direct outreach to local research bodies
Career Connection
Practical experience enhances your resume, providing real-world context to your theoretical knowledge and opening doors to better placements.
Advanced Stage
Specialized Skill Development & Certification- (Semester 6)
Identify a specific area of interest (e.g., Financial Economics, Econometrics, Development Economics) and pursue advanced online certifications or workshops. This deepens expertise and makes you a specialist in a competitive job market. Consider courses on financial modeling, advanced econometrics, or public policy analysis.
Tools & Resources
NPTEL, Coursera (specialization tracks), edX, Udemy, certification programs from NSE/BSE
Career Connection
Specialized skills differentiate you, leading to higher-paying roles in niche areas like financial analytics, economic consulting, or research institutions.
Intensive Placement and Higher Studies Preparation- (Semester 6)
Dedicate time to preparing for interviews, group discussions, and aptitude tests. Work on improving communication and presentation skills. For higher studies, prepare for entrance exams like MA Economics entrances or civil services examinations like UPSC, which often have a strong economics component.
Tools & Resources
Mock interviews, career guidance cells, online aptitude test platforms, UPSC preparation materials
Career Connection
Thorough preparation directly translates into successful placements in reputed companies or securing admission to prestigious postgraduate programs.
Networking and Mentorship- (Semester 6)
Actively connect with alumni, faculty, and industry professionals through seminars, workshops, and platforms like LinkedIn. Seek mentorship from experienced individuals in your desired field. These connections can provide insights, guidance, and potential job leads.
Tools & Resources
LinkedIn, alumni networks, industry conferences, college-organized career fairs
Career Connection
A strong professional network is invaluable for career advancement, mentorship, and discovering hidden job opportunities in the dynamic Indian economy.
Program Structure and Curriculum
Eligibility:
- A candidate who has passed the Plus Two or equivalent examination is eligible for admission to the B.A. Economics programme.
Duration: 6 semesters / 3 years
Credits: 120 (as per MGU regulations, sum of listed courses in syllabus is 123) Credits
Assessment: Internal: 20%, External: 80%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EN1CCT01 | Readings in Prose and Poetry | Common | 4 | Literary Appreciation, Forms of Prose, Poetic Devices, Critical Analysis of Texts, Communication Skills |
| EN1CCT02 | Readings in Academic Writing | Common | 4 | Fundamentals of Academic Writing, Essay Structure, Research and Referencing, Report Writing, Paraphrasing and Summarizing |
| ML1CCT01 | Kavithayum Adhunika Gadhyavum (Malayalam I) | Common (Additional Language) | 4 | Modern Malayalam Poetry, Prose Forms in Malayalam, Literary Movements, Grammar and Usage, Cultural Contexts |
| EC1CRT01 | Microeconomics - I | Core | 4 | Basic Economic Problems, Demand and Supply Analysis, Consumer Behaviour and Utility, Production Theory, Cost Analysis |
| EC1CMT01 | Mathematical Tools for Economics – I | Complementary | 4 | Basic Algebra and Functions, Equations and Inequalities, Matrix Algebra, Determinants, Introduction to Calculus |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EN2CCT03 | Readings in Fiction and Drama | Common | 4 | Literary Genres, Elements of Fiction, Dramatic Techniques, Character and Plot Analysis, Cultural Readings |
| EN2CCT04 | Readings in Literary Criticism | Common | 4 | Literary Theories, Historical Criticism, Feminist Criticism, Marxist Criticism, Post-Colonial Perspectives |
| ML2CCT02 | Nadakam, Cherukatha, Athmakatha (Malayalam II) | Common (Additional Language) | 4 | Malayalam Drama, Short Stories, Autobiographical Writing, Narrative Techniques, Social Relevance in Literature |
| EC2CRT02 | Microeconomics - II | Core | 4 | Market Structures: Imperfect Competition, Monopoly and Oligopoly, Factor Pricing, Welfare Economics, General Equilibrium |
| EC2CMT02 | Mathematical Tools for Economics – II | Complementary | 4 | Differential Calculus: Applications, Partial Differentiation, Optimization Techniques, Integral Calculus: Basic Integration, Economic Applications of Integration |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EN3CCT05 | Literary Studies | Common | 4 | Advanced Literary Concepts, Interdisciplinary Approaches to Literature, Cultural Studies, Theories of Representation, World Literature |
| ML3CCT03 | Novelum Yaathraavivaranavum (Malayalam III) | Common (Additional Language) | 4 | Malayalam Novel, Travelogues in Malayalam, Narrative Structures, Character Development, Regional Literary Traditions |
| EC3CRT03 | Macroeconomics - I | Core | 4 | National Income Accounting, Classical and Keynesian Economics, Consumption and Investment Functions, Money and Banking, Inflation and Deflation |
| EC3CRT04 | Quantitative Methods for Economic Analysis - I | Core | 4 | Basic Statistics for Economics, Data Collection and Presentation, Measures of Central Tendency, Measures of Dispersion, Correlation and Regression Analysis |
| EC3CMT03 | Mathematical Tools for Economics – III | Complementary | 4 | Multivariable Calculus, Constrained Optimization, Difference Equations, Linear Programming, Input-Output Analysis |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ML4CCT04 | Samskarikam, Vyakaranam, Rachana (Malayalam IV) | Common (Additional Language) | 4 | Cultural Studies in Malayalam, Advanced Malayalam Grammar, Creative Writing Skills, Translation Techniques, Public Speaking |
| EC4CRT05 | Macroeconomics - II | Core | 4 | Monetary and Fiscal Policy, Open Economy Macroeconomics, IS-LM Model, Business Cycles, Theories of Economic Growth |
| EC4CRT06 | Quantitative Methods for Economic Analysis - II | Core | 4 | Probability Theory, Probability Distributions, Sampling and Estimation, Hypothesis Testing, Time Series Analysis |
| EC4CMT04 | Mathematical Tools for Economics – IV | Complementary | 4 | Game Theory Fundamentals, Dynamic Optimization, Stochastic Processes, Economic Modelling, Numerical Methods in Economics |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC5CRT07 | Indian Economy - I | Core | 4 | Structure of Indian Economy, Economic Reforms in India, Agriculture Sector in India, Industrial Sector Development, Poverty and Inequality |
| EC5CRT08 | Public Finance | Core | 4 | Role of Government in Economy, Public Expenditure, Taxation and Fiscal Policy, Public Debt, Budgeting and Fiscal Federalism |
| EC5CRT09 | International Economics | Core | 4 | Theories of International Trade, Terms of Trade, Balance of Payments, Exchange Rate Regimes, International Economic Organizations |
| EC5CRT10 | Development Economics | Core | 4 | Economic Growth vs Development, Theories of Underdevelopment, Population and Human Capital, Poverty and Income Distribution, Planning and Development Strategies |
| EC5OCT01 | Economics of Capital Market | Open (Example, options available) | 3 | Financial System in India, Capital Market Instruments, Primary and Secondary Markets, Regulatory Bodies (SEBI), Investment Analysis |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC6CRT11 | Indian Economy - II | Core | 4 | Service Sector Growth, Infrastructure Development, Foreign Trade and FDI in India, Economic Planning in India, Contemporary Economic Issues |
| EC6CRT12 | Environmental Economics | Core | 4 | Environment and Economy Interface, Environmental Pollution, Valuation of Environmental Resources, Environmental Policies, Sustainable Development |
| EC6CRT13 | Mathematical Economics | Core | 4 | Static and Dynamic Analysis, Optimization in Economics, Game Theory, Input-Output Analysis, Economic Models and their applications |
| EC6CRT14 | Econometrics | Core | 4 | Introduction to Econometrics, Simple Linear Regression Model, Multiple Regression Analysis, Violation of Classical Assumptions, Time Series Econometrics |
| EC6CRT15 | Project Report & Viva Voce | Core (Project) | 4 | Research Methodology, Data Collection and Analysis, Report Writing, Presentation Skills, Viva Voce Preparation |
| EC6ELT01 | Agricultural Economics | Elective (Example, options available) | 4 | Structure of Indian Agriculture, Agricultural Marketing, Agricultural Finance, Food Security in India, Agricultural Policy |
