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B-A in Economics at Pt. Ramnayan Ramsukh Degree College, Sohnag, Belghat, Gorakhpur
Gorakhpur, Uttar Pradesh
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About the Specialization
What is Economics at Pt. Ramnayan Ramsukh Degree College, Sohnag, Belghat, Gorakhpur Gorakhpur?
This B.A. Economics program at Pt. Ramnayan Ramsukh Degree College, Gorakhpur, focuses on equipping students with a foundational and advanced understanding of economic theories, principles, and their application to real-world challenges. The curriculum, aligned with the NEP 2020 guidelines of DDU Gorakhpur University, provides a comprehensive view of microeconomics, macroeconomics, Indian economy, statistics, and development, preparing students for various roles in the rapidly evolving Indian economic landscape.
Who Should Apply?
This program is ideal for fresh graduates seeking entry into economic analysis, research, policy formulation, or finance roles. It also caters to individuals aiming for postgraduate studies in economics or related fields. Aspiring civil servants, market researchers, and data analysts with a keen interest in economic phenomena and quantitative analysis will find this specialization particularly beneficial.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as economic analysts, statisticians, market researchers, data entry specialists, or positions in banking and government sectors. Entry-level salaries typically range from INR 2.5 LPA to 4.5 LPA, with significant growth trajectories for experienced professionals. The program also lays a strong foundation for competitive examinations like UPSC, banking exams, and NTA-UGC NET/JRF.
Student Success Practices
Foundation Stage
Master Economic Fundamentals- (Semester 1-2)
Dedicate time to understanding core micro and macro-economic concepts. Regularly attend lectures, clarify doubts with faculty, and solve textbook problems to build a strong theoretical base. Form study groups to discuss complex topics and prepare for internal assessments.
Tools & Resources
NCERT Economics books (Class 11 & 12), Mankiw''''s Principles of Economics, Online tutorials (Khan Academy, NPTEL for basic concepts)
Career Connection
A solid foundation is crucial for advanced courses and for competitive exams that test fundamental economic reasoning, paving the way for roles like junior economic analyst.
Develop Quantitative Skills- (Semester 1-2)
Focus on improving mathematical and statistical aptitude required for economics. Practice numerical problems from Microeconomics and Macroeconomics. Pay special attention to graphical analysis and interpretation, which are integral to economic theory.
Tools & Resources
Basic Mathematics for Economists by Mike Rosser, Excel for data handling, Past year question papers for problem-solving practice
Career Connection
Strong quantitative skills are highly valued in data-driven roles in banking, research, and analytics, enhancing employability in various Indian industries.
Engage with Economic News and Current Affairs- (Semester 1-2)
Regularly read leading economic newspapers (e.g., The Economic Times, Business Standard) and magazines to connect classroom learning with real-world events. Follow economic policy discussions and analyse their potential impact on the Indian economy.
Tools & Resources
The Economic Times (e-paper), Livemint, RBI Monthly Bulletin, Government of India economic reports
Career Connection
This practice enhances critical thinking and awareness, crucial for roles in economic journalism, policy analysis, and competitive exams requiring general knowledge.
Intermediate Stage
Deep Dive into Indian Economic Policies- (Semester 3-4)
Beyond textbooks, analyse current Indian economic policies, government schemes (e.g., Make in India, Atmanirbhar Bharat), and their impact on different sectors. Prepare brief presentations or write short essays on contemporary economic issues facing India.
Tools & Resources
Economic Survey of India, Budget Documents of Government of India, NITI Aayog reports, PRS Legislative Research for policy updates
Career Connection
This provides practical insights, essential for public sector roles, economic journalism, and civil services examinations, demonstrating informed understanding of the national economy.
Enhance Statistical Software Proficiency- (Semester 3-4)
Learn and practice using basic statistical software or tools for data analysis. Apply learned statistical methods to simple datasets. This practical skill is invaluable for academic projects and future professional roles.
Tools & Resources
Microsoft Excel (Advanced functions), Basic R or Python for data manipulation (online tutorials like DataCamp, Coursera), Spreadsheet software
Career Connection
Proficiency in data handling and statistical analysis is a direct asset for roles as data analysts, researchers, and market intelligence specialists.
Participate in Economic Debates and Competitions- (Semester 3-4)
Join college economic societies or clubs. Participate actively in debates, quiz competitions, and essay contests related to economic topics. This improves communication skills, analytical thinking, and confidence in presenting economic arguments.
Tools & Resources
Inter-college debate forums, Online economic quizzes (e.g., RBI Quiz), Local university fests
Career Connection
These activities build soft skills vital for interviews and professional interactions, critical for careers requiring public speaking or argumentation.
Advanced Stage
Undertake Research Projects/Dissertations- (Semester 5-6)
Collaborate with faculty on small research projects or undertake a mini-dissertation on an economic topic of interest. This involves literature review, data collection (if feasible), analysis, and report writing, honing research capabilities.
Tools & Resources
JSTOR, Google Scholar for research papers, Survey tools (Google Forms), Statistical software for data analysis
Career Connection
Research experience is highly valued for postgraduate admissions, think tanks, and research-oriented roles in both academic and corporate settings.
Prepare for Higher Education/Competitive Exams- (Semester 5-6)
Start focused preparation for postgraduate entrance exams (e.g., MA Economics) or competitive examinations (UPSC, banking, SSC). Identify target exams, study relevant syllabi, and practice extensively using previous year''''s papers.
Tools & Resources
Previous year question papers, Coaching materials (if opting for coaching), Online mock test platforms (Testbook, BYJU''''S for competitive exams)
Career Connection
Dedicated preparation directly leads to admission in prestigious universities or securing government jobs, offering stable and impactful career paths.
Network and Seek Mentorship- (Semester 5-6)
Connect with alumni, faculty, and professionals in the economics field. Attend webinars, seminars, and workshops to understand industry trends and career opportunities. Seek mentorship for career guidance and internship advice.
Tools & Resources
LinkedIn for professional networking, College alumni association, Career counseling cells at DDUGU
Career Connection
Networking opens doors to internship opportunities, job referrals, and invaluable career insights, significantly enhancing job placement prospects.
Program Structure and Curriculum
Eligibility:
- Intermediate (10+2) or equivalent examination from any recognized board.
Duration: 3 years (6 semesters)
Credits: Approx. 48-60 (for Economics Major papers only, based on 4 credits per paper) Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO101T | Principles of Microeconomics | Major Core Course (MCC) | 4 | Introduction to Economics, Demand and Supply Analysis, Elasticity of Demand, Consumer Behaviour (Utility & Indifference Curve), Production Function and Costs |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO102T | Principles of Macroeconomics | Major Core Course (MCC) | 4 | National Income Accounting, Classical Theory of Employment, Keynesian Theory of Income and Employment, Consumption and Investment Functions, Money, Banking and Inflation |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO201T | Indian Economy | Major Core Course (MCC) | 4 | Basic Characteristics of Indian Economy, Agriculture Sector and Rural Development, Industrial Sector and Services Sector, Economic Reforms in India (1991 onwards), Poverty, Inequality and Unemployment Challenges |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO202T | Statistical Methods for Economics | Major Core Course (MCC) | 4 | Introduction to Statistics and Data, Data Collection and Presentation, Measures of Central Tendency, Measures of Dispersion, Correlation and Regression Analysis |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO301T | Development Economics | Major Core Course (MCC) | 4 | Concepts of Economic Development and Underdevelopment, Theories of Economic Growth (Classical, Neo-classical), Human Development Index and Quality of Life, Population and Economic Development, Role of State and Market in Development |
| ECO-DSE-501T | Public Finance | Discipline Specific Elective (DSE) | 4 | Role of Government in the Economy, Public Goods and Private Goods, Principles and Theories of Taxation, Public Expenditure and Budgeting, Fiscal Policy and Public Debt |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO302T | International Economics | Major Core Course (MCC) | 4 | Theories of International Trade (Ricardian, Heckscher-Ohlin), Terms of Trade and Gains from Trade, Trade Barriers (Tariffs, Quotas), Balance of Payments and Foreign Exchange Market, International Economic Organizations |
| ECO-DSE-601T | Environmental Economics | Discipline Specific Elective (DSE) | 4 | Environment-Economy Linkages, Market Failure and Environmental Externalities, Environmental Valuation Methods, Environmental Policy and Regulations in India, Sustainable Development and Climate Change |
