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B-A-HISTORY-ECONOMICS-POLITICAL-SCIENCE in Economics at MLA Academy of Higher Learning
Bengaluru, Karnataka
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About the Specialization
What is Economics at MLA Academy of Higher Learning Bengaluru?
This Economics program at Malleswaram Ladies Association Academy of Higher Learning, affiliated with Bengaluru City University, focuses on foundational economic principles, macroeconomic policies, and the intricate dynamics of the Indian economy. It aims to equip students with analytical skills vital for understanding market behavior, government policies, and global economic trends. The program emphasizes problem-solving in India''''s diverse economic landscape, preparing students for real-world application.
Who Should Apply?
This program is ideal for fresh graduates seeking entry into financial analysis, public policy, research roles, or civil services in India. It also suits working professionals aiming to deepen their understanding of economic principles or transition into data-driven roles. Students with a keen interest in current affairs, policy-making, and quantitative analysis, especially within an Indian context, will thrive in this rigorous academic environment.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as economic analysts, data scientists, policy researchers, or consultants. Entry-level salaries typically range from INR 3-6 lakhs annually, with significant growth potential up to INR 10-15 lakhs or more with experience in leading Indian companies, startups, or government organizations. The program also prepares for advanced studies and competitive examinations.
Student Success Practices
Foundation Stage
Build Strong Analytical Foundations- (Semester 1-2)
Focus diligently on understanding core microeconomic principles and mathematical concepts. Regularly solve numerical problems and case studies from Indian economic contexts to solidify understanding. Form study groups to discuss complex theories and economic models, clarifying doubts and reinforcing learning from the initial semesters.
Tools & Resources
NCERT Economics textbooks, Khan Academy for basic math, University library resources, Peer-led discussion forums
Career Connection
Strong foundational knowledge is crucial for higher-level economic analysis and competitive exams like UPSC, RBI Grade B, or IES, laying the groundwork for future specializations.
Cultivate Critical Thinking through Economic News Analysis- (Semester 1-2)
Regularly read leading Indian business newspapers (e.g., The Economic Times, Business Standard) and reputable economic journals. Analyze current economic events and government policies through the lens of theories learned in class. Discuss implications and interpretations with peers and faculty to enhance comprehension.
Tools & Resources
Livemint, The Hindu BusinessLine, RBI publications, NITI Aayog reports
Career Connection
Develops an understanding of real-world economic challenges and policy impacts, essential for roles in policy analysis, economic journalism, and research within the Indian market.
Develop Basic Quantitative Skills- (Semester 1-2)
Attend workshops on basic statistics and data visualization. Practice using spreadsheet software like MS Excel for data manipulation and simple graphical representation of economic data. Focus on understanding data interpretation and basic statistical inference relevant to economic datasets.
Tools & Resources
Excel tutorials, NPTEL courses on basic statistics, Government data portals (e.g., MoSPI, NSSO)
Career Connection
Entry-level analytical roles in market research, banking, and consulting in India require proficiency in data handling, basic statistical analysis, and effective data presentation.
Intermediate Stage
Engage in Research and Minor Projects- (Semester 3-5)
Identify an area of interest within Indian economics, such as agricultural reforms or urbanization impacts, and undertake a small research project or literature review under faculty guidance. This could involve collecting primary data or analyzing existing datasets. Present findings in college seminars and departmental events.
Tools & Resources
J-STOR, Google Scholar, University research databases, Basic statistical software (e.g., R or Python introductory courses)
Career Connection
Builds research aptitude vital for higher studies (MA/Ph.D.) and think-tank positions, significantly enhancing resume value for competitive internships and jobs.
Seek Internships for Industry Exposure- (Semester 3-5)
Actively search for internships during semester breaks at NGOs working on development, small research firms, local banks, or government departments in Bengaluru or other Indian cities. Gain practical experience in data collection, analysis, or policy implementation, understanding the professional work environment.
Tools & Resources
College placement cell, LinkedIn, Internshala, Company websites
Career Connection
Provides invaluable real-world experience, helps in networking with industry professionals, and often leads to pre-placement offers or strong recommendations for future career opportunities.
Participate in Economic Competitions & Debates- (Semester 3-5)
Join inter-college economics quizzes, essay competitions, and policy debates focusing on contemporary Indian economic issues. This enhances public speaking, quick thinking, and the ability to articulate economic arguments under pressure. Formulate and defend innovative solutions to complex economic problems.
Tools & Resources
College economics club, Inter-university festival announcements, Current affairs publications
Career Connection
Develops crucial soft skills such as communication, teamwork, and leadership, which are highly valued in professional environments, particularly for roles in policy advocacy, consulting, and journalism.
Advanced Stage
Specialization and Advanced Skill Acquisition- (Semester 6)
Deep dive into a chosen area like econometrics, public finance, or development economics. Consider certification courses in advanced statistical software (STATA, EViews, SPSS) or data science tools. Undertake a capstone project or a rigorous dissertation that applies advanced economic theories and methods to a real-world problem.
Tools & Resources
Coursera, edX, NPTEL for advanced courses, Official software documentation, Senior faculty mentorship
Career Connection
Positions students for specialized roles requiring advanced quantitative skills in financial modeling, economic forecasting, or data analysis within leading Indian and international firms.
Comprehensive Placement Preparation- (Semester 6)
Engage in mock interviews, group discussions, and aptitude test preparation specifically tailored for economic and analytical roles. Tailor resume and cover letters for specific job profiles in banking, analytics, research, or government sectors. Network extensively with alumni for insights and potential job opportunities.
Tools & Resources
Placement cell workshops, Online aptitude platforms (e.g., Indiabix), Alumni network via LinkedIn, Professional mentors
Career Connection
Directly targets successful placements in desired Indian companies, startups, government organizations, and NGOs by honing interview skills and application strategies.
Explore Higher Education and Civil Services Options- (Semester 6)
Research Master''''s programs in Economics (e.g., Delhi School of Economics, IGIDR, ISI) or prepare for prestigious civil service examinations (UPSC, KPSC, RBI). Attend career counseling sessions to understand admission requirements, exam patterns, and available scholarships for further academic and professional growth.
Tools & Resources
Coaching institutes for competitive exams, University admission brochures, UPSC/KPSC official websites, Alumni who have cleared these exams
Career Connection
Provides a clear pathway for academic advancement, specialized roles in policy-making at the highest levels, or prestigious government service careers within India, offering long-term growth and impact.
Program Structure and Curriculum
Eligibility:
- Passed Pre-University Course (10+2) or equivalent examination from a recognized board, with a minimum aggregate of 40% marks.
Duration: 6 semesters / 3 years
Credits: 132 Credits
Assessment: Internal: 40%, External: 60%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO DSC 1.1 | Principles of Microeconomics (I) | Core | 4 | Basic Economic Problems, Demand and Supply Analysis, Consumer Behavior Theory, Production Function, Cost and Revenue Concepts |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO DSC 2.1 | Principles of Microeconomics (II) | Core | 4 | Market Structures (Perfect Competition), Imperfect Competition (Monopoly, Oligopoly), Factor Pricing Theories, Welfare Economics, General Equilibrium |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO DSC 3.1 | Macro Economics (I) | Core | 4 | National Income Accounting, Classical Theory of Employment, Keynesian Theory of Employment, Consumption and Investment Functions, Money and Banking |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO DSC 4.1 | Macro Economics (II) | Core | 4 | Theories of Inflation and Deflation, Business Cycles, Fiscal Policy, Monetary Policy, Open Economy Macroeconomics |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO DSC 5.1 | Indian Economy (I) | Core | 4 | Basic Characteristics of Indian Economy, Economic Planning in India, Agriculture Sector Performance, Industrial Policy and Growth, Economic Reforms in India |
| ECO DSC 5.2 | Development Economics (I) | Core | 4 | Concepts of Economic Development, Theories of Growth and Development, Poverty and Inequality, Human Development Index, Role of Capital in Development |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO DSC 6.1 | Indian Economy (II) | Core | 4 | External Sector and Foreign Trade, Foreign Exchange Market, Public Finance and Budgeting, Fiscal Federalism, Contemporary Economic Challenges in India |
| ECO DSC 6.2 | Development Economics (II) | Core | 4 | Globalisation and Development, International Aid and Debt, Sustainable Development Goals (SDGs), Health and Education in Development, Governance and Institutions |
| ECO PRJ 6.1 | Research Project / Internship | Project | 4 | Research Design and Methodology, Data Collection Methods, Statistical Tools for Analysis, Report Writing and Documentation, Presentation Skills |
