.png&w=1920&q=75)
B-A in Economics at Mahila Seva Sadan P.G. College, Prayagraj
Prayagraj, Uttar Pradesh
.png&w=1920&q=75)
About the Specialization
What is Economics at Mahila Seva Sadan P.G. College, Prayagraj Prayagraj?
This B.A. Economics program at Mahila Seva Sadan Post Graduate College, Prayagraj, focuses on providing a comprehensive understanding of economic principles, theories, and their real-world applications within the Indian context. It delves into both micro and macro aspects, public finance, international trade, and developmental challenges pertinent to India''''s dynamic economic landscape. The program aims to equip students with analytical and critical thinking skills essential for economic inquiry and policy analysis, catering to the growing demand for skilled economists in the Indian market.
Who Should Apply?
This program is ideal for fresh 10+2 graduates with an analytical bent of mind and a keen interest in understanding societal economic issues. It caters to students aspiring for careers in government services (UPSC, state PSCs), research, financial services, or further academic pursuits. Individuals passionate about public policy, data analysis, and contributing to India''''s economic growth will find this specialization particularly rewarding. No specific prior economics background is strictly required, though a strong aptitude for logical reasoning is 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, and policy assistants. Entry-level salaries typically range from INR 3-5 LPA, growing significantly with experience in sectors like banking, consulting, and government. Many also pursue post-graduate degrees (M.A. Economics, MBA) for specialized roles. The strong theoretical foundation helps in cracking competitive exams, and the analytical skills are highly valued across various Indian industries and organizations.
Student Success Practices
Foundation Stage
Master Core Economic Principles- (Semester 1-2)
Focus intensely on understanding fundamental micro and macro concepts from Semester 1 and 2. Utilize textbooks, online lectures (e.g., NPTEL, Khan Academy Economics), and peer study groups to clarify difficult theories. Solve numerical problems regularly to solidify understanding.
Tools & Resources
Textbooks (e.g., H.L. Ahuja, Mankiw), NPTEL/e-PG Pathshala for Economics, Study groups
Career Connection
A strong foundation is crucial for advanced courses, competitive exams (UPSC/RBI), and entry-level analyst roles where basic economic reasoning is tested.
Develop Data Interpretation Skills- (Semester 1-2)
Start practicing with basic economic data from sources like the Reserve Bank of India (RBI) or National Sample Survey Office (NSSO). Learn to interpret graphs, tables, and simple statistics, even without advanced software. Participate in college-level data analysis workshops.
Tools & Resources
RBI Annual Reports, NSSO data, Economic Survey of India (latest edition), Excel basics
Career Connection
Essential for roles in research, policy analysis, and financial services in India, where understanding economic trends from raw data is a key skill.
Engage in Economic Debates and Discussions- (Semester 1-2)
Actively participate in classroom discussions and college economics club activities. Debate current economic issues (e.g., inflation, budget, unemployment in India) to articulate your views and enhance critical thinking. Read economic newspapers like ''''The Economic Times'''' or ''''Business Standard''''.
Tools & Resources
College Economics Club, Economic newspapers, Online forums
Career Connection
Improves communication skills and provides insights into real-world applications, beneficial for interviews and analytical roles in India''''s policy landscape.
Intermediate Stage
Undertake Mini-Research Projects on Indian Economy- (Semester 3-4)
Apply theoretical knowledge to conduct small-scale research on aspects of the Indian economy (e.g., local agricultural issues, impact of government schemes). Use government reports and news articles as primary sources. Present findings in college seminars.
Tools & Resources
NITI Aayog reports, Ministry of Finance documents, JSTOR (through college library), Google Scholar
Career Connection
Develops research aptitude, analytical writing, and subject matter expertise, valuable for higher studies, think tanks, and policy research roles in India.
Learn Statistical Software Basics- (Semester 3-4)
Begin learning basic functionalities of statistical software like R or Python (with libraries like Pandas/Numpy) or even advanced Excel. Focus on data handling, descriptive statistics, and simple regression. Online tutorials and free courses are readily available.
Tools & Resources
R/Python (Anaconda distribution), Coursera/edX introductory courses, YouTube tutorials
Career Connection
These are in-demand skills for data analyst, research assistant, and business intelligence roles across various Indian industries.
Seek Industry Exposure through Internships/Workshops- (Semester 3-4)
Look for short-term internships or workshops in local NGOs, small businesses, banks, or government departments in Prayagraj or nearby cities. Focus on understanding data collection, market analysis, or project evaluation processes.
Tools & Resources
Internshala, College placement cell, Local industry associations
Career Connection
Provides practical experience, industry insights, and networking opportunities crucial for placements and career decisions in the Indian job market.
Advanced Stage
Specialize in a Niche Economic Area- (Semester 5-6)
Choose a specific area like Environmental Economics, Econometrics, or Development Economics for deeper study, focusing on advanced concepts and applications. This could involve reading advanced texts, taking online courses, or writing a detailed project paper.
Tools & Resources
Specialized textbooks, MOOCs from reputed universities, Research papers on SSRN/RePEc
Career Connection
Builds expertise for specific roles (e.g., environmental consultant, data scientist, development practitioner) and strengthens profile for postgraduate admissions.
Prepare for Competitive Exams/Further Studies- (Semester 5-6)
Dedicate time to prepare for UPSC Civil Services, RBI Grade B, or M.A. Economics entrance exams (e.g., Delhi School of Economics, JNU). Practice past papers, take mock tests, and focus on both general studies and economics-specific sections.
Tools & Resources
UPSC/RBI previous year papers, Coaching institute materials (if opted), Online test series
Career Connection
Directly enables entry into prestigious government services, public sector banks, or top-tier academic institutions in India.
Build a Professional Network & Portfolio- (Semester 5-6)
Attend economics seminars, webinars, and conferences. Connect with alumni and industry professionals on platforms like LinkedIn. Create a portfolio of your research papers, data analysis projects, and internship experiences to showcase your skills to potential employers.
Tools & Resources
LinkedIn, Professional economic associations (e.g., Indian Economic Association), College career fairs
Career Connection
Facilitates job search, mentorship, and professional growth, leading to better placement opportunities and career advancement in India.
Program Structure and Curriculum
Eligibility:
- 10+2 (Intermediate) from a recognized board in any stream, as per university norms.
Duration: 3 years (6 semesters)
Credits: Credits not specified
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECN010101T | Principles of Microeconomics (व्यष्टि अर्थशास्त्र के सिद्धांत) | Core (Major) | 4 | Consumer Behavior and Demand Analysis, Production and Cost Theory, Market Structures (Perfect Competition, Monopoly), Monopolistic Competition and Oligopoly, Factor Pricing |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECN010201T | Principles of Macroeconomics (समष्टि अर्थशास्त्र के सिद्धांत) | Core (Major) | 4 | National Income Accounting, Classical and Keynesian Theories of Employment, Consumption and Investment Functions, Money, Banking and Financial System, Inflation, Deflation and Business Cycles |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECN020301T | Indian Economy (भारतीय अर्थव्यवस्था) | Core (Major) | 4 | Features of Indian Economy and Economic Planning, Agriculture and Rural Development, Industrial Development and Policy, Poverty, Inequality and Unemployment, Economic Reforms and Liberalization |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECN020401T | Public Finance (लोक वित्त) | Core (Major) | 4 | Role of Government in the Economy, Public Goods and Externalities, Principles of Taxation and Public Expenditure, Public Debt Management, Fiscal Policy and Federal Finance in India |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECN030501T | International Economics (अंतर्राष्ट्रीय अर्थशास्त्र) | Core (Major) | 4 | Theories of International Trade, Terms of Trade and Trade Policy, Balance of Payments, Foreign Exchange Market and Exchange Rates, International Economic Institutions (WTO, IMF) |
| ECN030502T | Development Economics (विकास का अर्थशास्त्र) | Core (Major) | 4 | Concepts of Economic Development and Growth, Theories of Underdevelopment, Population, Poverty and Human Capital, Capital Formation and Foreign Aid, Role of State and Planning in Development |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECN030601T | Environmental Economics (पर्यावरण अर्थशास्त्र) | Core (Major) | 4 | Environment and Economy Interlinkages, Market Failure and Environmental Externalities, Valuation of Environmental Goods, Environmental Policies and Regulations, Sustainable Development and Climate Change |
| ECN030602T | Principles of Econometrics (अर्थमितिकी के सिद्धांत) | Core (Major) | 4 | Introduction to Econometrics and Regression Analysis, Simple Linear Regression Model, Multiple Regression Analysis, Problems in Regression (Multicollinearity, Heteroscedasticity), Introduction to Time Series Analysis |
