.png&w=1920&q=75)
B-A in Economics at Late Janki Devi Smarak Mahavidyalaya
Sant Kabir Nagar, Uttar Pradesh
.png&w=1920&q=75)
About the Specialization
What is Economics at Late Janki Devi Smarak Mahavidyalaya Sant Kabir Nagar?
This Economics program at Late Janki Devi Smarak Mahavidyalaya, affiliated with Siddharth University, provides a robust foundation in economic theories and their application. It focuses on understanding market dynamics, national economic policies, and global trade, crucial for analyzing India''''s rapidly evolving economic landscape. The curriculum emphasizes both theoretical knowledge and practical relevance, preparing students for diverse roles in India''''s growing economy.
Who Should Apply?
This program is ideal for high school graduates passionate about understanding economic systems, public policy, and societal development. It attracts individuals keen on analytical thinking, problem-solving, and pursuing careers in government, banking, research, or higher education. Students aspiring for competitive exams like UPSC, state PSCs, or further studies in economics or management 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 researchers, financial advisors, or policy consultants. Entry-level salaries typically range from INR 2-4 LPA, with experienced professionals earning INR 5-8 LPA and upwards, especially in government sectors or private firms. The program also serves as a strong foundation for pursuing an MA in Economics or an MBA.
Student Success Practices
Foundation Stage
Master Economic Fundamentals- (Semester 1-2)
Focus on diligently understanding core micro and macro economic concepts. Use standard textbooks, refer to NCERT Economics books (Class 11 & 12) for clear basics, and utilize online resources like NPTEL lectures or Khan Academy to supplement classroom learning. Engage in discussions with peers and faculty to clarify doubts and deepen comprehension.
Tools & Resources
NCERT Economics books, Standard textbooks (e.g., H.L. Ahuja), NPTEL/Khan Academy videos, Peer study groups
Career Connection
A strong grasp of fundamentals is essential for cracking higher-level competitive exams and for foundational roles in economic analysis or research, forming the bedrock for advanced studies.
Develop Analytical and Quantitative Aptitude- (Semester 1-2)
Regularly practice solving numerical problems in microeconomics and macroeconomics. Participate in college-level economic quizzes or debates to enhance critical thinking. Start building basic quantitative skills by solving logical reasoning and data interpretation questions, which are crucial for competitive exams and analytical roles.
Tools & Resources
Problem sets from textbooks, Economic Times/Business Standard editorials, Quantitative aptitude books
Career Connection
These skills are vital for success in entrance exams for Masters programs and for analytical positions in banking, finance, and research.
Cultivate Effective Study Habits- (Semester 1-2)
Establish a consistent study routine, take comprehensive notes during lectures, and revise regularly. Form small study groups with classmates to discuss topics, teach each other, and prepare for internal assessments. This builds a disciplined approach to learning, important for long-term academic success.
Tools & Resources
Personal notebooks, Revision schedules, Collaborative study groups
Career Connection
Strong study habits are foundational for maintaining good academic records, which are important for both placements and higher education admissions.
Intermediate Stage
Connect Theory with Indian Economic Reality- (Semester 3-4)
Actively read national economic newspapers like The Economic Times or Business Standard daily. Follow government reports, such as the Economic Survey of India and RBI bulletins, to understand how economic theories apply to India''''s unique challenges and policy decisions. Participate in local college seminars on Indian economic issues.
Tools & Resources
The Economic Times/Business Standard, Economic Survey of India, RBI publications, College seminars
Career Connection
This practice makes you market-ready for roles involving Indian economy analysis, policy research, and public administration, including UPSC/state PSC exams.
Enhance Statistical and Data Analysis Skills- (Semester 3-4)
Focus on subjects like ''''Statistical Methods for Economics'''' by applying concepts practically. Learn to use basic spreadsheet software like Microsoft Excel for data organization, calculation of averages, dispersion, and simple regression. Explore online tutorials for beginner-level data visualization. Participate in local workshops on data analysis if available.
Tools & Resources
Microsoft Excel, Online tutorials for data visualization, Textbooks on economic statistics
Career Connection
These skills are highly sought after in research, market analysis, and data-driven roles across various industries in India, especially in the growing data economy.
Seek Initial Internships and Industry Exposure- (Semester 3-4)
Look for short-term internships or volunteer opportunities with local NGOs, small businesses, or government departments (e.g., District Planning Office, local banks) during semester breaks. Even unpaid experiences provide valuable insights into real-world economic applications and build your resume. Attend career guidance workshops hosted by the college or local organizations.
Tools & Resources
College career cell, Local business directories, NGO platforms, Online internship portals
Career Connection
Early exposure helps you identify career interests, gain practical skills, and build a professional network, making you more employable post-graduation.
Advanced Stage
Prepare for Competitive Examinations/Higher Education- (Semester 5-6)
Dedicate specific time each day for preparing for competitive examinations such as UPSC Civil Services (with Economics optional), State Public Service Commissions, or entrance exams for MA Economics/MBA programs. Focus on comprehensive revision of all economic concepts, current affairs, and general studies, utilizing dedicated coaching material or self-study guides.
Tools & Resources
UPSC/PSC study materials, Previous year question papers, Online test series, Coaching institutes (if opting)
Career Connection
Directly targets high-demand government jobs and opens doors to advanced academic and management careers, offering significant professional growth in India.
Undertake Research Projects and Dissertations- (Semester 5-6)
Collaborate with faculty members to undertake a small research project or write a dissertation on an economic topic of interest. This hones research methodology, critical analysis, and academic writing skills. Present your findings in college seminars or departmental events to gain confidence and receive feedback.
Tools & Resources
Academic journals (e.g., EPW), Research databases (e.g., J-STOR, Google Scholar), Faculty guidance
Career Connection
Develops independent research capabilities, which are crucial for postgraduate studies, academic roles, and positions in think tanks or policy research.
Network and Build a Professional Profile- (Semester 5-6)
Attend university-level economic conferences or workshops to network with economists, academics, and industry professionals. Start building a professional profile on platforms like LinkedIn, showcasing your skills, projects, and internships. Seek mentorship from alumni or faculty for career guidance and placement advice specific to your aspirations.
Tools & Resources
LinkedIn profile, Professional networking events, Alumni association, Mentors
Career Connection
Expands your professional reach, provides insights into industry trends, and often leads to job opportunities or valuable recommendations for further career advancement in India.
Program Structure and Curriculum
Eligibility:
- 10+2 (Intermediate) or equivalent from a recognized board (as per general university norms for BA admission)
Duration: 3 years (6 semesters)
Credits: Minimum 120 credits for a 3-year BA degree (as per NEP 2020 framework) Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON010101T | Microeconomics | Core | 4 | Definition, Scope, and Methodology of Economics, Utility Analysis and Consumer Equilibrium, Demand Analysis and Elasticity, Production Function and Laws of Returns, Cost Concepts and Market Structures |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON010201T | Macroeconomics | Core | 4 | National Income Accounting, Classical and Keynesian Theories of Employment, Consumption and Investment Functions, Money, Banking, and Monetary Policy, Inflation, Deflation, and Business Cycles |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON020301T | Indian Economy | Core | 4 | Characteristics of Indian Economy, Economic Planning and Reforms in India, Issues in Agriculture and Industry, Poverty, Unemployment, and Inequality, Demographic Features and Human Development |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON020401T | Public Finance | Core | 4 | Role of Government in the Economy, Public Expenditure and Public Revenue, Taxation Principles and Tax System in India, Public Debt Management, Fiscal Policy and Federal Finance in India |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON030501T | Statistical Methods for Economics | Core | 4 | Data Collection and Presentation, Measures of Central Tendency and Dispersion, Correlation and Regression Analysis, Index Numbers and Time Series Analysis, Probability and Sampling Methods |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON030601T | International Economics | Core | 4 | Theories of International Trade, Terms of Trade and Trade Barriers, Balance of Payments, Foreign Exchange Market and Exchange Rates, International Economic Organizations (WTO, IMF) |
