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BA in Economics at Purvanchal Degree College, Munderwa, Basti
Basti, Uttar Pradesh
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About the Specialization
What is Economics at Purvanchal Degree College, Munderwa, Basti Basti?
This Economics program at Purvanchal Degree College focuses on providing a strong foundation in economic theory and its real-world applications within the Indian context. It emphasizes analytical skills crucial for understanding market dynamics, government policies, and global economic trends. The curriculum is designed to meet the growing demand for skilled economic analysts in India''''s diverse and rapidly evolving economic landscape.
Who Should Apply?
This program is ideal for 10+2 graduates with an analytical mindset and an interest in societal and business issues. It suits individuals aspiring to careers in government, banking, research, or academia. Career changers or professionals seeking to understand economic policies and market forces in India will also find this program beneficial for upskilling and career progression.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as economic analysts, data scientists, research assistants, and policy advisors. Entry-level salaries typically range from INR 2.5 to 4.5 LPA, with experienced professionals earning significantly more. The program aligns with skills required for competitive exams like UPSC, RBI Grade B, and other government sector roles.
Student Success Practices
Foundation Stage
Build Strong Theoretical Foundations- (Semester 1-2)
Focus intensely on understanding core micro and macro-economic theories. Regular revision and conceptual clarity are paramount. Actively participate in classroom discussions and clarify doubts immediately.
Tools & Resources
NCERT Economics Textbooks (Class 11 & 12), Standard textbooks (e.g., H.L. Ahuja, D.N. Dwivedi), Khan Academy Economics
Career Connection
A solid theoretical base is essential for advanced studies, competitive exams, and analytical roles in any economics-related career.
Develop Quantitative and Analytical Skills- (Semester 1-2)
Pay close attention to statistical methods and mathematical economics. Practice problem-solving regularly. Utilize spreadsheets like Excel for data organization and basic analysis.
Tools & Resources
Excel, Basic R/Python tutorials for data analysis, Online courses on statistics for economics
Career Connection
These skills are critical for roles in data analysis, research, and financial modeling, enhancing employability in various sectors.
Engage with Economic News and Current Affairs- (Semester 1-2)
Read national financial newspapers (e.g., The Economic Times, Business Standard) and reputable economic journals regularly. Discuss current economic events with peers and faculty.
Tools & Resources
The Economic Times, Livemint, RBI Website, NITI Aayog reports
Career Connection
Staying updated improves general awareness for competitive exams, interview preparation, and understanding real-world economic policy implications.
Intermediate Stage
Undertake Mini-Research Projects- (Semester 3-4)
Work on small research projects or case studies related to Indian economic issues. This could involve collecting primary data (surveys) or analyzing secondary data. Collaborate with peers for diverse perspectives.
Tools & Resources
Google Scholar, CMIE-Prowess database (if accessible), Government economic survey reports
Career Connection
Enhances research methodology, critical thinking, and report writing, preparing students for research roles and higher education.
Participate in Economic Debates and Competitions- (Semester 3-4)
Join college economic forums, debate clubs, or participate in inter-college economic quiz and essay competitions. This sharpens presentation skills and deepens subject understanding.
Tools & Resources
College Economic Society, Inter-college event notices, Online platforms for economic quizzes
Career Connection
Improves public speaking, quick thinking, and leadership qualities, valuable for managerial and analytical positions.
Explore Internship Opportunities- (Semester 3-4)
Seek short-term internships with local NGOs, small businesses, research institutions, or CAs to gain practical exposure. Even unpaid internships offer valuable experience.
Tools & Resources
LinkedIn, Internshala, Naukri.com, College placement cell
Career Connection
Internships provide hands-on experience, networking opportunities, and a better understanding of industry requirements, crucial for placements.
Advanced Stage
Master Advanced Economic Tools and Software- (Semester 5-6)
Learn statistical software packages like R, Stata, or EViews for econometric analysis. Practice applying these tools to real economic datasets.
Tools & Resources
R/Python (free online courses), Stata/EViews (university license if available), Datasets from RBI, World Bank
Career Connection
Proficiency in these tools makes graduates highly competitive for roles in economic research, data analytics, and policy modeling.
Focus on Project/Dissertation for Specialization- (Semester 5-6)
Dedicate significant effort to the final year project or dissertation. Choose a topic aligned with career aspirations and apply comprehensive economic analysis. This is a chance to showcase deep understanding and research capability.
Tools & Resources
Academic mentors, University library resources, Statistical software
Career Connection
A strong project demonstrates analytical prowess, independent research skills, and can serve as a portfolio piece for job applications or higher studies.
Intensive Placement and Competitive Exam Preparation- (Semester 5-6)
Begin rigorous preparation for campus placements, competitive exams (UPSC, RBI, SSC CGL), or entrance exams for post-graduation. Focus on aptitude, logical reasoning, general knowledge, and subject-specific knowledge.
Tools & Resources
Online test series, Coaching institutes (if opting), Mock interviews, Previous year question papers
Career Connection
Directly impacts securing desired jobs or admission to prestigious postgraduate programs, ensuring a strong career start.
Program Structure and Curriculum
Eligibility:
- As per University norms, typically 10+2 (Intermediate) from a recognized board.
Duration: 3 years / 6 semesters
Credits: Varies based on elective choices and university guidelines. Core Economics subjects typically contribute 4-6 credits each. Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A050101T | Micro Economics | Core | 4 | Nature and Scope of Economics, Consumer Behaviour, Production Analysis, Cost and Revenue, Market Structures |
| A050102T | Indian Economy | Core | 4 | Features of Indian Economy, Economic Planning in India, Agriculture Sector, Industrial Sector, Foreign Trade and Reforms |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A050201T | Macro Economics | Core | 4 | National Income, Classical and Keynesian Theories of Employment, Consumption and Investment Functions, Money and Inflation, Business Cycles |
| A050202T | Public Finance | Core | 4 | Role of Government in Economy, Public Goods and Externalities, Public Expenditure, Public Revenue and Taxation, Public Debt |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A050301T | Money, Banking and Financial Markets | Core | 4 | Money and its Functions, Commercial Banking, Central Banking (RBI), Financial Markets (Money & Capital), Monetary Policy |
| A050302T | Statistical Methods for Economics | Core | 4 | Introduction to Statistics, Measures of Central Tendency, Measures of Dispersion, Correlation and Regression, Index Numbers |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A050401T | International Economics | Core | 4 | Theories of International Trade, Terms of Trade, Balance of Payments, Exchange Rate Regimes, Trade Policies and WTO |
| A050402T | Development Economics | Core | 4 | Concepts of Economic Development, Theories of Development, Poverty and Inequality, Population and Human Capital, Sustainable Development |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A050501T | History of Economic Thought | Core | 6 | Mercantilism and Physiocracy, Classical School (Adam Smith, Ricardo), Marxian Economics, Neoclassical School (Marshall, Walras), Keynesian Revolution |
| A050502P | Economics Project/Dissertation | Project | 2 | Research Design, Data Collection, Data Analysis, Report Writing, Presentation Skills |
| A050503T | Agricultural Economics | Elective (Major) | 6 | Nature and Scope of Agricultural Economics, Indian Agriculture: Structure and Growth, Agricultural Marketing and Finance, Agricultural Policies in India, Food Security |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A050601T | Indian Economic Policy | Core | 6 | Economic Reforms in India, Fiscal Policy and Budgeting, Monetary Policy and RBI, Sectoral Policies (Industry, Services), Poverty Alleviation Programs |
| A050602P | Economics Project/Dissertation (Continuation) | Project | 2 | Advanced Research Methodology, Statistical Software Application, Interpretation of Results, Academic Presentation, Ethical Research Practices |
| A050603T | Environmental Economics | Elective (Major) | 6 | Environment-Economy Linkages, Environmental Pollution, Valuation of Environmental Goods, Environmental Policies and Regulations, Sustainable Development Goals |
