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BACHELOR-OF-ARTS in Economics at Priyadarshini Indira Gandhi Government College for Women
Jind, Haryana
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About the Specialization
What is Economics at Priyadarshini Indira Gandhi Government College for Women Jind?
This Bachelor of Arts in Economics program at Priyadarshini Indira Gandhi Government College for Women, Jind, affiliated with CRSU, focuses on building a strong foundation in economic theory and its application to real-world Indian contexts. It delves into micro, macro, and international economics, alongside quantitative techniques essential for analysis. The program is tailored to equip students with analytical skills vital for understanding India''''s evolving economic landscape and its challenges.
Who Should Apply?
This program is ideal for 10+2 graduates with an analytical bent of mind, a keen interest in understanding economic phenomena, and aspiring to contribute to India''''s development. It also suits individuals seeking foundational knowledge before pursuing higher studies in economics, finance, or public policy. No specific prior economics background is strictly mandated, but a curiosity for societal and market dynamics is beneficial.
Why Choose This Course?
Graduates can expect diverse career paths in India, including roles as research analysts, data interpreters, economic consultants, and public policy assistants in government and private sectors. Entry-level salaries typically range from INR 2.5 LPA to 5 LPA, with significant growth potential in financial services, banking, and NGOs. The program provides a strong base for competitive exams like UPSC and state civil services.
Student Success Practices
Foundation Stage
Master Economic Fundamentals through Problem Solving- (Semester 1-2)
Focus on understanding basic microeconomic and Indian economy concepts through rigorous problem-solving. Attend all lectures, take meticulous notes, and form study groups to discuss complex topics. Use textbooks and online resources to solve numerical problems and case studies.
Tools & Resources
NCERT Economics textbooks, Paul Samuelson''''s Economics, local library resources, YouTube channels explaining economic concepts, peer study groups
Career Connection
Strong foundational understanding is critical for all higher-level economics courses and for cracking competitive exams, building a solid base for economic analysis roles.
Develop Strong Analytical Reading Habits- (Semester 1-2)
Beyond textbooks, start reading economic news from reputable Indian financial dailies like The Economic Times, Business Standard, or Livemint regularly. Analyze government reports, economic surveys, and RBI publications to connect theoretical knowledge with current events.
Tools & Resources
Major Indian financial newspapers (online/offline), NITI Aayog reports, RBI Bulletins, PRS India legislative research
Career Connection
Enhances critical thinking, boosts general awareness for interviews and competitive exams, and develops the ability to interpret real-world economic data.
Build Basic Data Interpretation Skills- (Semester 1-2)
Learn to read and interpret graphs, charts, and basic statistical data presented in economic contexts. Focus on understanding key economic indicators such as GDP, inflation rates, and unemployment data. Practice representing simple data sets using spreadsheet tools.
Tools & Resources
Basic Excel/Google Sheets, government statistical portals (MOSPI, NSO), online tutorials for data visualization
Career Connection
Prepares for quantitative techniques courses and is a fundamental skill for data analysis, research roles, and understanding policy implications.
Intermediate Stage
Enhance Quantitative Skills for Economic Analysis- (Semester 3-4)
Dedicate significant effort to Quantitative Techniques for Economists. Practice statistical and mathematical problems daily. Utilize online courses or workshops for advanced Excel functions, basic R/Python for statistical computing, and econometric software if accessible.
Tools & Resources
Khan Academy, Coursera (for R/Python basics), specific statistical software tutorials, CRSU-recommended quantitative textbooks
Career Connection
Essential for roles in data analytics, financial modeling, and research positions that require empirical analysis, making graduates more competitive in the job market.
Engage with Current Economic Debates and Policy Discussions- (Semester 3-5)
Actively participate in college debates, seminars, and workshops on contemporary economic issues, particularly those relevant to India. Follow policy discussions in national media and academic journals. Prepare short presentations on key economic topics.
Tools & Resources
Economic & Political Weekly (EPW), The Hindu, Indian Express opinion pieces, college debate societies, guest lectures
Career Connection
Develops strong communication skills, enhances understanding of policy implications, and prepares students for roles in public policy, journalism, and research think tanks.
Seek Internships and Mentorship Opportunities- (Semester 4-5)
Start looking for short-term internships, even unpaid ones, with local NGOs, financial institutions, or research firms during summer breaks. Network with alumni and faculty to identify mentorship opportunities or guidance on career paths.
Tools & Resources
LinkedIn, college placement cell (if available), local industry associations, career fairs
Career Connection
Provides practical exposure to the application of economic principles, helps build a professional network, and offers a competitive edge in placements and higher education admissions.
Advanced Stage
Undertake an Independent Research Project- (Semester 6)
Choose a specialized area of economics (e.g., environmental economics, development economics, international economics) and undertake a small research project under faculty guidance. This involves literature review, data collection (if feasible), analysis, and report writing.
Tools & Resources
Academic databases (JSTOR, Google Scholar), statistical software (Excel, R, Python), university library resources, faculty mentorship
Career Connection
Showcases research capability, critical thinking, and written communication skills crucial for postgraduate studies, research assistant roles, and analytical positions.
Prepare for Competitive Exams and Higher Education- (Semester 5-6)
Begin focused preparation for competitive exams like UPSC Civil Services, RBI Grade B, SSC CGL (which have significant economics components), or entrance exams for Master''''s in Economics (e.g., DSE, JNU, IGIDR, ISI). Review all core economics concepts thoroughly.
Tools & Resources
Specific exam preparation books, online coaching platforms, previous year question papers, mock tests, CRSU faculty for guidance
Career Connection
Directly prepares students for high-demand government jobs and top postgraduate programs, opening doors to advanced career trajectories and specialized roles.
Refine Interview and Professional Communication Skills- (Semester 6)
Participate in mock interviews, practice group discussions, and work on developing a professional resume and cover letter. Focus on articulating economic concepts clearly, presenting solutions to case studies, and demonstrating soft skills vital for the workplace.
Tools & Resources
College career services, online resume builders, interview preparation guides, peer feedback
Career Connection
Ensures readiness for campus placements, off-campus job applications, and postgraduate admissions interviews, maximizing opportunities for successful career entry.
Program Structure and Curriculum
Eligibility:
- Minimum 33% marks in 10+2 Examination from a recognized Board/University.
Duration: 3 years (6 semesters)
Credits: 56 credits (for Economics specialization papers) Credits
Assessment: Internal: 20%, External: 80%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 101-ECS | Micro Economics – I | Core | 4 | Nature and Scope of Economics, Demand and Supply Analysis, Consumer Behavior Theories, Production Function and Costs, Market Structure: Perfect Competition |
| 102-ECS | Indian Economy – I | Core | 4 | Characteristics of Indian Economy, National Income in India, Agriculture Sector and Reforms, Industrial Policy in India, Public and Private Sector Roles |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 201-ECS | Micro Economics – II | Core | 4 | Imperfect Competition Markets, Monopoly and Oligopoly, Factor Pricing Theories, Rent, Wages, Interest, Profit, Elementary Welfare Economics |
| 202-ECS | Indian Economy – II | Core | 4 | Population Dynamics in India, Poverty and Inequality Issues, Unemployment in India, Economic Reforms (LPG), Infrastructure Development |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 301-ECS | Macro Economics – I | Core | 4 | National Income Accounting, Classical Theory of Employment, Keynesian Theory of Employment, Consumption and Investment Functions, Multiplier and Accelerator Concepts |
| 302-ECS | Quantitative Techniques for Economists – I | Core | 4 | Basic Mathematical Concepts, Functions, Differentiation, Integration, Matrices and Determinants, Measures of Central Tendency, Measures of Dispersion |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 401-ECS | Macro Economics – II | Core | 4 | Nature and Functions of Money, Theories of Money and Inflation, Business Cycles Analysis, Monetary Policy Instruments, Fiscal Policy and its Objectives |
| 402-ECS | Quantitative Techniques for Economists – II | Core | 4 | Probability Theory, Sampling Methods, Hypothesis Testing (t-test, Chi-square), Index Numbers Construction, Time Series Analysis |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 501-ECS | Public Finance | Core | 4 | Role of Government in Economy, Public Goods and Market Failure, Public Expenditure Analysis, Taxation Principles and Incidence, Public Debt Management |
| 502-ECS | Development Economics | Core | 4 | Economic Growth and Development, Theories of Development, Indicators of Development, Poverty, Inequality, Human Capital, Sustainable Development Goals |
| 503-ECS | International Economics | Core | 4 | Theories of International Trade, Terms of Trade, Trade Barriers and Protectionism, Balance of Payments, Foreign Exchange Rate Systems |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 601-ECS | Environmental Economics | Core | 4 | Environmental Problems and Economy, Market Failure and Externalities, Valuation of Environmental Goods, Environmental Policy Instruments, Economics of Climate Change |
| 602-ECS | Money and Banking | Core | 4 | Functions and Theories of Money, Commercial Banking System, Credit Creation by Banks, Central Banking (RBI) Functions, Monetary Policy Framework |
| 603-ECS | History of Economic Thought | Core | 4 | Mercantilism and Physiocracy, Classical School of Economics, Neoclassical Economics, Keynesian Revolution, Indian Economic Thinkers |
