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B-A-HONS in Economics at Pandit Deendayal Energy University
Gandhinagar, Gujarat
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About the Specialization
What is Economics at Pandit Deendayal Energy University Gandhinagar?
This B.A. (Hons.) Economics program at Pandit Deendayal Energy University focuses on equipping students with rigorous analytical and quantitative skills to understand complex economic phenomena. Rooted in contemporary theories, it addresses India''''s unique developmental challenges and global economic integration. The program''''s interdisciplinary approach prepares graduates for diverse roles in policymaking, industry, and academia, addressing crucial national economic priorities.
Who Should Apply?
This program is ideal for high school graduates with a strong aptitude for mathematics and social sciences, seeking an in-depth understanding of economic principles. It caters to aspiring researchers, data analysts, policy advisors, and business strategists interested in India''''s dynamic economic landscape. Individuals aiming for civil services or further studies in economics, finance, or public policy will find this curriculum highly beneficial.
Why Choose This Course?
Graduates of this program can expect to pursue rewarding career paths as economists, financial analysts, market researchers, policy consultants, and data scientists within India. Entry-level salaries typically range from INR 4-7 lakhs per annum, with experienced professionals earning significantly higher. The program provides a strong foundation for prestigious postgraduate studies in India and abroad, fostering critical thinking and problem-solving skills highly valued by employers.
Student Success Practices
Foundation Stage
Strengthen Quantitative Foundations- (Semester 1-2)
Dedicate extra time to Mathematics and Statistics modules. Utilize online platforms like Khan Academy or NPTEL for supplementary learning. This builds a robust base for advanced econometrics and quantitative analysis essential for Indian analytical roles.
Tools & Resources
Khan Academy, NPTEL, Mathematics textbooks, Statistics workbooks
Career Connection
A strong quantitative foundation is critical for careers in data analysis, financial modeling, and economic research, enhancing employability in various Indian sectors.
Cultivate Economic Intuition- (Semester 1-2)
Actively read economic news from reputable Indian sources such as The Economic Times, Livemint, and RBI publications. Participate in economics clubs or debates to apply theoretical concepts to real-world Indian scenarios, aiding in holistic understanding.
Tools & Resources
The Economic Times, Livemint, RBI publications, Economics club discussions
Career Connection
Developing economic intuition helps in understanding policy implications and market trends, crucial for roles in economic journalism, policy analysis, and business strategy.
Develop Academic Writing & Research Skills- (Semester 1-2)
Focus on clear communication in assignments and presentations. Attend workshops on academic writing and citation. This is crucial for producing high-quality research papers and reports, a valuable skill for future academic or policy-oriented careers in India.
Tools & Resources
University Writing Center, Online academic writing guides, Citation style manuals
Career Connection
Proficiency in academic writing is vital for research roles, think tanks, and civil services, enabling effective communication of complex economic ideas.
Intermediate Stage
Engage in Data Analysis Projects- (Semester 3-5)
Apply statistical and econometric software like R, Python, or Stata to analyze Indian economic datasets. Look for opportunities to work on faculty research projects, enhancing practical skills for data analyst roles in Indian financial services or research.
Tools & Resources
R, Python (Pandas, NumPy), Stata, Indian government data portals (e.g., MOSPI, RBI), Kaggle
Career Connection
Hands-on data analysis experience makes students highly competitive for roles in data science, business analytics, and quantitative research within Indian corporations.
Seek Early Industry Exposure- (Semester 3-5)
Actively pursue summer internships with Indian banks, consulting firms, government departments, or NGOs. Network with professionals during guest lectures and seminars. This provides invaluable real-world experience and helps build a professional network within the Indian industry.
Tools & Resources
University Career Services, LinkedIn, Industry events and workshops
Career Connection
Internships convert into pre-placement offers and provide crucial industry insights, significantly boosting placement prospects in Indian companies.
Prepare for Competitive Exams- (Semester 3-5)
Begin preliminary preparation for competitive examinations like UPSC Civil Services (Economics optional), RBI Grade B, or IES (Indian Economic Service) if aspiring for public sector roles. Focus on consolidating core economic concepts and current affairs.
Tools & Resources
Past year question papers, Standard reference books for competitive exams, Current affairs magazines
Career Connection
Early preparation for these exams can lead to prestigious government positions, offering significant impact and career stability in India.
Advanced Stage
Specialize Through Electives & Research- (Semester 6-8)
Choose advanced economics electives aligned with career goals, such as Financial Economics for finance careers or Health Economics for public health policy. Dedicate significant effort to the research project/dissertation, potentially aiming for publication or conference presentation. This showcases specialized expertise for advanced roles.
Tools & Resources
Academic journals, Research databases (JSTOR, EconLit), Conferences and workshops
Career Connection
Specialized knowledge and a strong research portfolio differentiate candidates for niche roles and academic pursuits, both nationally and internationally.
Intensive Placement Preparation- (Semester 6-8)
Engage in rigorous mock interviews, group discussions, and aptitude test practice tailored for Indian companies and organizations. Work on creating compelling resumes and cover letters highlighting economic analysis and problem-solving skills for placement drives.
Tools & Resources
Career guidance cells, Mock interview panels, Online aptitude test platforms, Professional resume builders
Career Connection
Thorough preparation directly translates into higher success rates in campus placements, securing desirable roles in India''''s competitive job market.
Build Professional Network & Mentorship- (Semester 6-8)
Connect with alumni working in desired fields and seek mentorship. Attend industry conferences and workshops, becoming an active participant in the economic discourse. This expands opportunities for full-time roles and future career growth within India.
Tools & Resources
Alumni network platforms, LinkedIn, Industry association events, Mentorship programs
Career Connection
A strong professional network provides access to hidden job markets, valuable career advice, and potential collaborations, fostering long-term career success in India.
Program Structure and Curriculum
Eligibility:
- Minimum 50% aggregate marks in 10+2 (HSC) or equivalent examination from any stream conducted by the Gujarat Secondary Education Board or Central Board of Secondary Education or an equivalent examination.
Duration: 4 years / 8 semesters
Credits: 160 Credits
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| SLS10101 | Environmental Studies | Mandatory | 2 | Natural Resources, Ecosystems, Biodiversity and Conservation, Environmental Pollution, Social Issues and the Environment, Human Population and Environment |
| SLS10102 | English Communication | Mandatory | 2 | Language Skills Development, Grammar and Usage, Reading Comprehension, Writing Skills, Oral Communication, Professional Communication |
| SLS10103 | Mathematics I | Mandatory (for Economics) | 4 | Functions and Graphs, Differentiation, Applications of Derivatives, Integration, Matrices and Determinants, Linear Algebra |
| SLS10105 | Introduction to Economics | Core | 4 | Basic Economic Problems, Demand and Supply Analysis, Market Structures, National Income Accounting, Inflation and Unemployment, Fiscal and Monetary Policy |
| SLS10106 | History of Civilizations | Mandatory | 3 | Ancient Civilizations, Medieval Societies, Rise of Modern States, Industrial Revolution, World Wars, Contemporary Global Issues |
| SLS10107 | Introduction to Computer Applications | Skill Enhancement Course (SEC) | 2 | Fundamentals of Computers, Operating Systems, Microsoft Office Suite, Internet and Web Browsers, Data Management Basics, Cyber Security Fundamentals |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| SLS10201 | Indian Constitution | Mandatory | 2 | Making of the Indian Constitution, Fundamental Rights and Duties, Directive Principles of State Policy, Union and State Legislature, Judiciary in India, Constitutional Amendments |
| SLS10202 | English Literature | Mandatory | 3 | Literary Forms and Genres, Poetry Analysis, Prose and Fiction, Drama and Theatre, Literary Criticism, Cultural Contexts of Literature |
| SLS10203 | Mathematics II | Mandatory (for Economics) | 4 | Multivariable Calculus, Optimization Techniques, Differential Equations, Difference Equations, Linear Programming, Input-Output Analysis |
| SLS10204 | Microeconomics I | Core | 4 | Consumer Behavior and Utility, Demand Analysis, Production Theory, Cost Analysis, Perfect Competition, Monopoly |
| SLS10205 | Indian Society | Mandatory | 3 | Structure of Indian Society, Diversity and Unity in India, Social Institutions (Family, Caste, Religion), Social Change and Development, Contemporary Social Issues, Rural and Urban Society |
| SLS10206 | Digital Marketing | Skill Enhancement Course (SEC) | 2 | Introduction to Digital Marketing, Search Engine Optimization (SEO), Social Media Marketing, Content Marketing, Email Marketing, Web Analytics |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| SLS20301 | Research Methodology | Mandatory | 3 | Fundamentals of Research, Research Design, Data Collection Methods, Sampling Techniques, Data Analysis (Qualitative & Quantitative), Report Writing and Ethics |
| SLS20302 | Introduction to Philosophy | Mandatory | 3 | Nature of Philosophy, Ethics and Morality, Epistemology (Theory of Knowledge), Metaphysics (Reality), Political Philosophy, Indian Philosophical Systems |
| SLS20303 | Macroeconomics I | Core | 4 | National Income Determination, Classical and Keynesian Models, IS-LM Model, Money, Banking and Inflation, Unemployment Theories, Business Cycles |
| SLS20304 | Statistics for Economics | Core | 4 | Probability Theory, Random Variables and Distributions, Sampling and Estimation, Hypothesis Testing, Correlation and Regression, Index Numbers and Time Series |
| SLS20305 | Money and Banking | Discipline Specific Elective (DSE) | 4 | Functions of Money, The Banking System (Commercial, Central), Monetary Policy Instruments, Financial Markets and Institutions, Inflation and Deflation, International Monetary System |
| SLS20306 | Financial Literacy | Value Added Course (VAC) | 2 | Basics of Personal Finance, Budgeting and Saving, Investment Planning, Credit and Debt Management, Insurance, Retirement Planning |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| SLS20401 | Ethics | Mandatory | 2 | Foundations of Ethics, Ethical Theories (Deontology, Consequentialism), Applied Ethics, Professional Ethics, Ethics in Governance, Moral Reasoning |
| SLS20402 | Public Economics | Core | 4 | Role of Government in the Economy, Public Goods and Externalities, Public Revenue and Taxation, Public Expenditure, Fiscal Policy and Budgeting, Fiscal Federalism |
| SLS20403 | Econometrics I | Core | 4 | Simple Linear Regression Model, Multiple Regression Analysis, Ordinary Least Squares (OLS), Hypothesis Testing, Violations of Classical Assumptions, Dummy Variables |
| SLS20404 | Indian Economy | Discipline Specific Elective (DSE) | 4 | Growth, Development and Structural Change, Agriculture and Rural Development, Industrial Sector, Service Sector, Poverty, Inequality and Employment, Economic Reforms and Current Challenges |
| SLS20405 | Artificial Intelligence in Everyday Life | Value Added Course (VAC) | 2 | Basics of AI and Machine Learning, Applications of AI, AI in Healthcare and Education, AI in Business and Finance, Ethical Considerations of AI, Future of AI |
| SLS20406 | Summer Internship / Project | Mandatory | 2 | Practical Application of Knowledge, Industry Exposure, Skill Development, Problem Solving, Report Writing, Presentation Skills |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| SLS30501 | Microeconomics II | Core | 4 | Monopolistic Competition and Oligopoly, Game Theory, Factor Market Analysis, General Equilibrium Theory, Welfare Economics, Market Failures (Externalities, Public Goods) |
| SLS30502 | Macroeconomics II | Core | 4 | The Open Economy Macroeconomics, Exchange Rate Regimes, Balance of Payments, Theories of Economic Growth, Monetary and Fiscal Policy in Open Economy, Dynamic Macroeconomic Models |
| SLS30503 | Development Economics | Discipline Specific Elective (DSE) | 4 | Theories of Economic Development, Poverty, Inequality and Underdevelopment, Human Capital and Education, Agriculture and Rural Development, Trade and Economic Development, Sustainable Development Goals |
| SLS30504 | Indian Financial Markets | Discipline Specific Elective (DSE) | 4 | Structure of Indian Financial System, Money Market, Capital Market, Financial Institutions, Securities Market Regulation (SEBI), Derivatives and Risk Management |
| SLS30505 | Basic Management | Open Elective (OE) | 3 | Principles of Management, Planning and Decision Making, Organizing and Staffing, Leading and Motivation, Controlling and Evaluation, Business Ethics and Social Responsibility |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| SLS30601 | Environmental Economics | Core | 4 | Environmental Problems and Economic Theory, Environmental Valuation, Market Failure and Externalities, Environmental Policy Instruments, Climate Change Economics, Resource Management and Sustainability |
| SLS30602 | Econometrics II | Core | 4 | Generalized Least Squares, Time Series Econometrics (ARIMA, VAR), Panel Data Econometrics, Instrumental Variables, Limited Dependent Variable Models, Forecasting Techniques |
| SLS30603 | International Economics | Discipline Specific Elective (DSE) | 4 | Theories of International Trade, Trade Policy Instruments (Tariffs, Quotas), Balance of Payments, Foreign Exchange Markets, Exchange Rate Determination, International Financial Institutions |
| SLS30604 | Behavioral Economics | Discipline Specific Elective (DSE) | 4 | Introduction to Behavioral Economics, Heuristics and Biases, Prospect Theory, Intertemporal Choice, Nudges and Choice Architecture, Experimental Economics |
| SLS30605 | Digital Marketing (Advanced) | Open Elective (OE) | 3 | Advanced SEO and SEM, Social Media Strategy, Content Marketing Strategy, Email Marketing Automation, Analytics and Performance Measurement, Mobile Marketing |
| SLS30606 | Industry Immersion / Field Project | Mandatory | 2 | Real-world Problem Solving, Project Management, Teamwork and Collaboration, Data Analysis in Industry Context, Presentation of Findings, Stakeholder Communication |
Semester 7
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| SLS40701 | Research Project / Dissertation Part I | Core | 8 | Identifying Research Problem, Literature Review, Developing Research Questions, Methodology Design, Data Collection Strategy, Ethical Considerations in Research |
| SLS40702 | Advanced Microeconomics | Core | 4 | Advanced Consumer Theory, Theory of the Firm, Market Power and Strategic Interaction, General Equilibrium and Efficiency, Information Economics, Contract Theory |
| SLS40703 | Advanced Macroeconomics | Core | 4 | Dynamic Optimization, Stochastic Growth Models, Real Business Cycle Theory, New Keynesian Models, Monetary Policy and Business Cycles, Fiscal Policy and Debt Sustainability |
| SLS40704 | Health Economics | Discipline Specific Elective (DSE) | 4 | Demand and Supply of Health, Health Production Function, Health Insurance Markets, Healthcare Systems and Reforms, Economic Evaluation of Health Programs, Pharmaceutical Economics |
| SLS40705 | Labour Economics | Discipline Specific Elective (DSE) | 4 | Labour Supply and Demand, Human Capital Theory, Wage Determination, Unemployment and Its Causes, Labour Market Discrimination, Trade Unions and Collective Bargaining |
Semester 8
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| SLS40801 | Research Project / Dissertation Part II | Core | 8 | Data Analysis and Interpretation, Drawing Conclusions, Thesis Writing and Formatting, Oral Presentation of Research, Responding to Feedback, Publication Opportunities |
| SLS40802 | Advanced Econometrics | Core | 4 | Non-linear Regression Models, Vector Autoregressive (VAR) Models, Cointegration and Error Correction Models, ARCH/GARCH Models, Causal Inference Methods, Bayesian Econometrics |
| SLS40803 | Advanced Development Economics | Core | 4 | Poverty Traps and Microfinance, Randomized Control Trials (RCTs), Institutions and Economic Performance, Globalization and Development, Behavioral Development Economics, Sustainable Development Challenges |
| SLS40804 | Financial Economics | Discipline Specific Elective (DSE) | 4 | Asset Pricing Models, Portfolio Theory and Diversification, Efficient Market Hypothesis, Derivatives (Options, Futures), Risk Management in Finance, Behavioral Finance |
| SLS40805 | International Trade Policy | Discipline Specific Elective (DSE) | 4 | Trade Policy Instruments, WTO and Multilateral Trading System, Regional Trade Agreements, Trade and Economic Growth, Global Supply Chains, Contemporary Issues in Trade Policy |
