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BA-HONS in Economics at O.P. Jindal Global University
Sonipat, Haryana
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About the Specialization
What is Economics at O.P. Jindal Global University Sonipat?
This Economics specialization program at O.P. Jindal Global University focuses on providing a rigorous foundation in economic theory and its application to real-world issues. It emphasizes analytical and critical thinking skills essential for understanding complex economic phenomena, relevant to India''''s dynamic economic landscape. The program uniquely integrates liberal arts perspectives, offering a holistic education beyond traditional economic frameworks, preparing students for diverse roles in policy, research, and industry.
Who Should Apply?
This program is ideal for high school graduates with a strong aptitude for mathematics and social sciences, keen on delving into economic principles and their societal impact. It also attracts aspiring researchers, policy analysts, and those aiming for careers in finance or development, seeking a comprehensive understanding of global and Indian economic systems. Students who are analytical, curious, and committed to addressing economic challenges will thrive in this academically stimulating environment.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as economic analysts, data scientists, policy advisors, market researchers, and consultants in both public and private sectors. Entry-level salaries typically range from INR 4-8 lakhs per annum, with significant growth potential in top-tier firms or government organizations. The strong analytical and quantitative skills gained align with the demands of prestigious postgraduate programs in economics, finance, and public policy, both in India and abroad.
Student Success Practices
Foundation Stage
Build Strong Foundational Concepts- (Semester 1-2)
Focus intently on understanding core micro and macroeconomic principles, along with the foundational concepts in statistics and critical thinking. Regularly review lecture notes, solve practice problems from textbooks like Mankiw or Pindyck, and participate actively in tutorial sessions to clarify doubts.
Tools & Resources
Textbooks (Mankiw, Pindyck), Online platforms like NPTEL, JGU''''s academic support centers, Peer study groups
Career Connection
A solid foundation is crucial for advanced economics courses and for cracking competitive exams for higher studies or government jobs in India.
Develop Effective Academic Writing Skills- (Semester 1-2)
Leverage the ''''Academic Writing'''' and ''''Critical Thinking'''' courses to hone your essay writing, argumentation, and research skills. Practice structuring arguments logically, citing sources correctly (e.g., APA/MLA), and proofreading meticulously for clarity and coherence in all assignments.
Tools & Resources
JGU Writing Centre, Grammarly, Purdue OWL, University library resources
Career Connection
Essential for writing reports, research papers, and policy briefs in any professional role, and crucial for strong academic performance.
Engage in Peer Learning and Discussion Forums- (Semester 1-2)
Form small study groups with peers to discuss complex economic theories, solve problem sets together, and engage in debates on current economic affairs. Utilize online forums or university platforms for collaborative learning, expanding your perspectives and understanding different viewpoints.
Tools & Resources
University discussion boards, WhatsApp/Telegram study groups, Library group study rooms
Career Connection
Enhances communication skills, fosters teamwork, and deepens conceptual understanding, all highly valued in corporate and research environments.
Intermediate Stage
Master Quantitative and Statistical Tools- (Semester 3-5)
Dedicate significant effort to ''''Statistical Methods for Economics'''' and ''''Econometrics I/II''''. Practice using statistical software (R, Stata, Python''''s Pandas/Numpy) to analyze real datasets. Work on mini-projects applying statistical techniques to economic problems.
Tools & Resources
RStudio, Stata, Python with relevant libraries, DataCamp, Coursera courses on data analysis, University computer labs
Career Connection
These skills are in high demand for roles as data analysts, quantitative researchers, and economists in finance, consulting, and government.
Seek Internships and Industry Exposure- (Semester 4-5)
Actively seek summer or winter internships with think tanks, NGOs, banks, or research divisions of companies in India. Even short-term projects or volunteer roles provide valuable practical experience and help connect classroom learning to industry applications.
Tools & Resources
JGU Career Services, LinkedIn, Internshala, Company career pages, Faculty network
Career Connection
Builds your professional resume, helps explore career interests, and often leads to pre-placement offers or crucial networking opportunities.
Participate in Economic Competitions and Workshops- (Semester 3-5)
Join economics-related clubs, participate in quizzes, essay competitions, and economic modeling challenges (e.g., RBI Policy Challenge, case competitions). Attend workshops or seminars on specialized economic topics to broaden your knowledge and develop presentation skills.
Tools & Resources
JGU Economics Society, Inter-university competitions, Industry workshops, NITI Aayog events
Career Connection
Develops problem-solving skills, enhances critical thinking under pressure, and provides a platform to showcase talents to potential employers.
Advanced Stage
Conduct In-depth Research and Dissertation- (Semester 7-8)
Leverage the ''''Research Methods for Economics'''' course and your final year Dissertation/Research Project to delve deep into a chosen economic topic. Work closely with a faculty mentor, conduct primary/secondary research, and aim for a high-quality academic output.
Tools & Resources
JGU Library databases (JSTOR, EBSCO), Research software (e.g., Mendeley for citations), Faculty mentorship, Research ethics board
Career Connection
Demonstrates independent research capabilities, critical analysis, and original thought, highly valued for postgraduate studies and research-oriented roles.
Network Strategically and Prepare for Placements- (Semester 7-8)
Actively network with alumni, guest speakers, and industry professionals through university events, LinkedIn, and professional associations. Tailor your resume and cover letters for specific job roles, practice aptitude tests, and undergo mock interviews to prepare for campus placements.
Tools & Resources
JGU Alumni Network, LinkedIn Premium, JGU Career Services, Placement preparation platforms (e.g., PrepInsta, CareerRide)
Career Connection
Directly leads to job opportunities in desired sectors and helps secure competitive positions upon graduation.
Specialize Through Advanced Electives- (Semester 5-8)
Strategically choose discipline electives that align with your career aspirations (e.g., Financial Economics for banking, Development Economics for NGOs, Computational Economics for data roles). Deep dive into these chosen fields to build specialized expertise and make you a more attractive candidate for specific industry niches.
Tools & Resources
Elective course descriptions, Faculty advisors, Industry reports on job market trends
Career Connection
Develops niche expertise, making you a specialist in a particular economic sub-field, highly desirable for targeted roles and advanced academic pursuits.
Program Structure and Curriculum
Eligibility:
- Class XII examination or equivalent with an aggregate of 60% marks
Duration: 8 semesters / 4 years
Credits: 160 Credits
Assessment: Internal: 50%, External: 50%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC 101 | Principles of Microeconomics | Core | 4 | Introduction to Microeconomics, Demand and Supply, Consumer Behavior Theory, Production and Costs, Market Structures |
| FN 101 | Academic Writing | Foundation | 4 | Fundamentals of Academic Writing, Developing Arguments, Research and Source Integration, Essay Structure and Organization, Revision and Editing Strategies |
| FN 102 | Critical Thinking | Foundation | 4 | Foundations of Critical Thinking, Logic and Reasoning, Argument Analysis and Evaluation, Identifying Logical Fallacies, Problem Solving and Decision Making |
| HS 101 | Indian History: An Overview | Foundation | 4 | Ancient Indian History, Medieval Indian History, Colonial India and British Rule, Indian Independence Movement, Post-Independence India |
| PO 101 | Foundations of Political Science | Foundation | 4 | Nature and Scope of Political Science, Key Political Concepts and Theories, State, Sovereignty, and Government Forms, Political Systems and Ideologies, Introduction to International Relations |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC 102 | Principles of Macroeconomics | Core | 4 | Introduction to Macroeconomics, National Income Accounting, Aggregate Demand and Supply, Inflation and Unemployment, Fiscal and Monetary Policy |
| FN 103 | Digital Humanities | Foundation | 4 | Introduction to Digital Humanities, Digital Tools and Methods, Data Visualization in Humanities, Digital Storytelling and Preservation, Text Mining and Analysis |
| HS 102 | Introduction to Sociology | Foundation | 4 | Foundations and Perspectives of Sociology, Culture, Society, and Socialization, Social Institutions and Organizations, Social Stratification and Inequality, Social Change and Modernity |
| PY 101 | Introduction to Psychology | Foundation | 4 | Foundations and Methods of Psychology, Biological Basis of Behavior, Sensation, Perception, and Cognition, Learning, Memory, and Intelligence, Personality and Social Psychology |
| FN 104 | Environmental Studies | Foundation | 4 | Ecosystems and Biodiversity, Environmental Pollution and Management, Natural Resources and Conservation, Climate Change and Global Warming, Sustainable Development Principles |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC 201 | Intermediate Microeconomics I | Core | 4 | Consumer Theory and Utility Maximization, Producer Theory and Cost Minimization, Perfect Competition and Market Efficiency, Welfare Economics, Partial Equilibrium Analysis |
| EC 202 | Intermediate Macroeconomics I | Core | 4 | National Income Determination, The IS-LM Model, Money, Banking, and Financial Markets, Consumption and Investment Theories, Aggregate Demand and Aggregate Supply |
| EC 203 | Statistical Methods for Economics | Core | 4 | Probability Theory and Distributions, Sampling and Estimation, Hypothesis Testing, Correlation and Regression, Introduction to Time Series Data |
| EL XXX | Optional Elective 1 | Optional Elective | 4 | Topics vary based on chosen Optional Elective from JSLH |
| FN 201 | Public Speaking | Foundation | 4 | Principles of Effective Public Speaking, Speech Preparation and Organization, Delivery Techniques and Body Language, Audience Analysis and Engagement, Persuasive and Informative Speaking |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC 204 | Intermediate Microeconomics II | Core | 4 | Game Theory and Strategic Interactions, Monopoly and Oligopoly, Externalities and Public Goods, Asymmetric Information, General Equilibrium and Welfare Theorems |
| EC 205 | Intermediate Macroeconomics II | Core | 4 | Economic Growth Theories, Business Cycles, Open Economy Macroeconomics, Consumption and Investment Revisited, Monetary and Fiscal Policy Debates |
| EC 206 | Econometrics I | Core | 4 | Simple Linear Regression Model, Multiple Regression Analysis, OLS Assumptions and Properties, Hypothesis Testing in Regression, Model Specification and Diagnostics |
| EL XXX | Optional Elective 2 | Optional Elective | 4 | Topics vary based on chosen Optional Elective from JSLH |
| FN 202 | Academic English for Professional Settings | Foundation | 4 | Professional Communication Strategies, Business Report Writing, Effective Presentation Skills, Email and Correspondence Etiquette, Cross-Cultural Communication |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC 301 | History of Economic Thought | Core | 4 | Mercantilism and Physiocracy, Classical Political Economy (Adam Smith, David Ricardo), Marxian Economics, Neoclassical Economics and Marginal Revolution, Keynesian Revolution and Post-Keynesian Thought |
| EC 302 | Public Economics | Core | 4 | Role of Government in the Economy, Public Goods and Externalities, Taxation Theory and Incidence, Public Expenditure Analysis, Fiscal Federalism |
| EC 303 | Econometrics II | Core | 4 | Advanced Regression Topics, Time Series Econometrics, Panel Data Models, Limited Dependent Variable Models, Instrumental Variables and Program Evaluation |
| EC 3XX | Discipline Elective 1 | Discipline Elective Slot | 4 | Topics vary based on chosen elective from the Economics Department''''s list (EC 304-313). |
| EL XXX | Optional Elective 3 | Optional Elective | 4 | Topics vary based on chosen Optional Elective from JSLH |
| EC 304 | Indian Economy | Discipline Elective Option | 4 | Structure and Performance of Indian Economy, Economic Reforms and Liberalization, Agriculture and Industrial Sector, Poverty, Inequality, and Human Development, India''''s External Sector and Trade Policy |
| EC 305 | Behavioral Economics | Discipline Elective Option | 4 | Heuristics and Biases in Decision Making, Prospect Theory, Intertemporal Choice and Self-Control, Nudge Theory and Policy Implications, Behavioral Game Theory |
| EC 306 | Environmental Economics | Discipline Elective Option | 4 | Environmental Problems and Economic Analysis, Valuation of Environmental Goods and Services, Pollution Control Policies and Instruments, Economics of Climate Change, Sustainable Development Strategies |
| EC 307 | Economics of Development | Discipline Elective Option | 4 | Theories of Economic Development, Poverty, Inequality, and Malnutrition, Human Capital (Education and Health), Institutions and Economic Growth, Foreign Aid, Trade, and Globalization |
| EC 308 | International Economics | Discipline Elective Option | 4 | Theories of International Trade (Ricardian, Heckscher-Ohlin), Trade Policy and Instruments, Balance of Payments, Exchange Rates and Foreign Exchange Markets, International Monetary Systems |
| EC 309 | Financial Economics | Discipline Elective Option | 4 | Financial Markets and Instruments, Asset Valuation and Pricing Models, Risk and Return, Portfolio Theory and Management, Derivatives Markets |
| EC 310 | Computational Economics | Discipline Elective Option | 4 | Numerical Methods in Economics, Dynamic Programming, Agent-Based Modeling, Simulation Techniques, Economic Forecasting using Computational Tools |
| EC 311 | Health Economics | Discipline Elective Option | 4 | Economics of Health and Healthcare, Demand and Supply of Health Services, Health Insurance and Market Failures, Healthcare Financing and Policy, Economic Evaluation of Health Programs |
| EC 312 | Urban Economics | Discipline Elective Option | 4 | Urban Growth Theories and Models, Land Use Patterns and Rent, Housing Markets and Policy, Urban Transportation Economics, Local Public Finance |
| EC 313 | Labour Economics | Discipline Elective Option | 4 | Labour Supply and Demand, Wage Determination and Discrimination, Human Capital and Education, Unemployment Theories and Policies, Labour Market Institutions |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC 401 | Indian Economic Development | Core | 4 | Growth and Structural Change of Indian Economy, Sectoral Performance (Agriculture, Industry, Services), Poverty, Inequality, and Employment, Human Development and Social Sectors, Major Policy Challenges and Reforms |
| EC 402 | Development Economics | Core | 4 | Classical and Modern Theories of Development, Poverty Measurement and Eradication, Population Growth and Demographic Transition, Role of Education and Health in Development, Microfinance and Rural Development |
| EC 403 | Quantitative Techniques for Economics | Core | 4 | Linear Algebra for Economists, Optimization Techniques, Differential Equations in Economic Models, Difference Equations and Dynamic Models, Introduction to Game Theory |
| EC 4XX | Discipline Elective 2 | Discipline Elective Slot | 4 | Topics vary based on chosen elective from the Economics Department''''s list (EC 304-313). |
| EL XXX | Optional Elective 4 | Optional Elective | 4 | Topics vary based on chosen Optional Elective from JSLH |
Semester 7
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC 404 | Research Methods for Economics | Core | 4 | Research Design and Methodology, Data Collection Techniques (Surveys, Experiments), Qualitative and Quantitative Research Methods, Hypothesis Formulation and Testing, Academic Report Writing and Presentation |
| EC 405 | Advanced Economic Theory | Core | 4 | Advanced Consumer and Producer Theory, General Equilibrium Analysis, Dynamic Optimization in Economics, Growth Theory Models, Topics in Modern Macroeconomics |
| EC 4XX | Discipline Elective 3 | Discipline Elective Slot | 4 | Topics vary based on chosen elective from the Economics Department''''s list (EC 304-313). |
| EC 4XX | Discipline Elective 4 | Discipline Elective Slot | 4 | Topics vary based on chosen elective from the Economics Department''''s list (EC 304-313). |
| EL XXX | Optional Elective 5 | Optional Elective | 4 | Topics vary based on chosen Optional Elective from JSLH |
Semester 8
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC 406 | Dissertation / Research Project | Core | 4 | Research Proposal Development, Literature Review and Data Sourcing, Methodology and Data Analysis, Academic Writing and Thesis Structuring, Presentation of Research Findings |
| EC 4XX | Discipline Elective 5 | Discipline Elective Slot | 4 | Topics vary based on chosen elective from the Economics Department''''s list (EC 304-313). |
| EL XXX | Optional Elective 6 | Optional Elective | 4 | Topics vary based on chosen Optional Elective from JSLH |
| EL XXX | Optional Elective 7 | Optional Elective | 4 | Topics vary based on chosen Optional Elective from JSLH |
| EL XXX | Optional Elective 8 | Optional Elective | 4 | Topics vary based on chosen Optional Elective from JSLH |
