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B-A in Economics at Sahu Ram Swaroop Mahila Mahavidyalaya
Bareilly, Uttar Pradesh
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About the Specialization
What is Economics at Sahu Ram Swaroop Mahila Mahavidyalaya Bareilly?
This Economics program at Sahu Ram Swaroop Mahila Mahavidyalaya, Bareilly, offers a robust understanding of economic theories and their application in the Indian context. Rooted in the National Education Policy (NEP) 2020, it combines foundational micro and macroeconomics with specialized areas like Indian Economy, Public Finance, and Development Economics, preparing students for dynamic roles in India''''s growing economy. The program emphasizes analytical and critical thinking skills essential for policy analysis and business strategy.
Who Should Apply?
This program is ideal for fresh graduates seeking entry into economic research, public policy, banking, or corporate analysis roles in India. It also suits individuals passionate about understanding socio-economic issues, those aiming for civil services, or pursuing higher education in economics. Students with a strong aptitude for analytical reasoning and quantitative skills will find this specialization particularly rewarding, fostering a deep understanding of market dynamics and policy implications.
Why Choose This Course?
Graduates of this program can expect to pursue diverse career paths in India, including roles as economic analysts, data scientists, policy researchers, financial advisors, and civil servants. Entry-level salaries typically range from INR 3-6 lakhs per annum, with significant growth potential up to INR 10-20 lakhs for experienced professionals in finance or consulting. The strong theoretical foundation also prepares students for competitive exams like UPSC and for pursuing Master''''s degrees in Economics or related fields.
Student Success Practices
Foundation Stage
Master Economic Fundamentals through Active Learning- (Semester 1-2)
Engage deeply with core micro and macroeconomics concepts. Regularly review lecture notes, solve textbook problems, and discuss theories with peers. Focus on understanding the ''''why'''' behind economic models, not just memorizing. Participate in study groups to clarify doubts and consolidate learning.
Tools & Resources
NCERT Economics books (Class 11 & 12) for foundational review, Standard textbooks (Mankiw, Dornbusch, Salvatore), Online platforms like Khan Academy for concept reinforcement, Peer study groups
Career Connection
A strong grasp of fundamentals is crucial for advanced courses and forms the bedrock for any economic analysis role, from data interpretation to policy formulation.
Develop Quantitative and Analytical Skills Early- (Semester 1-2)
Economics requires strong analytical and basic quantitative skills. Dedicate time to practice mathematical applications in economics, statistics, and data interpretation from the very beginning. Attend workshops on basic data analysis tools if available.
Tools & Resources
MS Excel for basic data handling, Mathematics for Economists by Alpha C Chiang, Introductory Statistics textbooks, University''''s computer labs for practical sessions
Career Connection
These skills are highly sought after in research, finance, and consulting, enabling graduates to interpret complex data and build economic models.
Stay Informed on Current Economic Affairs- (Semester 1-2)
Cultivate a habit of reading national and international economic news daily. Follow major economic policies, budget announcements, and market trends in India. This connects theoretical knowledge with real-world scenarios and enhances critical thinking.
Tools & Resources
Leading Indian financial newspapers (The Economic Times, Business Standard), RBI website for policy updates, Ministry of Finance reports, Economic Survey of India
Career Connection
Helps in understanding the practical relevance of concepts, preparing for competitive exams (UPSC, RBI), and engaging in informed discussions during interviews.
Intermediate Stage
Undertake Mini Research Projects and Case Studies- (Semester 3-4)
Proactively engage in small research projects, even if not mandatory. Choose a current economic problem in India, gather data, analyze it using learned concepts, and present your findings. Work on case studies related to Indian industries or policy impacts.
Tools & Resources
CMIE Prowess for company data, NSSO and CSO data for Indian statistics, Academic journals accessible via university library, Guidance from faculty mentors
Career Connection
Develops research aptitude, analytical rigor, and problem-solving skills, highly valued in economic consulting, think tanks, and market research roles.
Network and Participate in Academic Events- (Semester 3-4)
Attend economics seminars, webinars, and conferences organized by the university or other institutions. Network with faculty, guest speakers, and senior students. Join the college''''s economics club, if available, and participate in debates or essay competitions.
Tools & Resources
LinkedIn for professional networking, University''''s academic event calendars, Departmental seminars and workshops
Career Connection
Expands professional contacts, offers exposure to diverse perspectives, and helps in exploring potential career paths and internship opportunities.
Explore Government Schemes and Policy Analysis- (Semester 3-4)
Deep dive into major Indian government schemes (e.g., MGNREGA, PM-KISAN, Skill India) and analyze their economic impact, challenges, and successes. Understand the framework of India''''s fiscal and monetary policies. This builds practical understanding of Indian Economy and Public Finance.
Tools & Resources
NITI Aayog reports, Ministry websites (Rural Development, Finance, Commerce), Economic Survey documents, RBI policy statements
Career Connection
Essential for roles in public policy, civil services, development sector, and research organizations focusing on India''''s growth story.
Advanced Stage
Leverage Internship/Field Project for Real-World Exposure- (Semester 5-6)
Actively seek and complete the mandatory internship/field project in a relevant organization. Focus on gaining hands-on experience, applying theoretical knowledge, and understanding organizational functions. Treat it as a precursor to your first job.
Tools & Resources
University career services, Online internship platforms (Internshala, LinkedIn), Networking contacts developed earlier
Career Connection
Crucial for building a professional resume, developing industry-specific skills, and often leads to pre-placement offers or strong referrals.
Intensify Specialization and Advanced Skill Acquisition- (Semester 5-6)
Focus on developing advanced skills in quantitative techniques (e.g., econometrics software) and deepening knowledge in chosen electives like Development or International Economics. Consider online certifications for specific tools like R, Python for data analysis, or financial modeling.
Tools & Resources
Coursera, edX for advanced courses (e.g., ''''R for Data Science''''), Books on Econometrics (Gujarati), Financial modeling tutorials, Research papers in specialized fields
Career Connection
Elevates employability for specialized roles in finance, data analysis, and economic research, commanding higher salary prospects.
Strategic Career Planning and Placement Preparation- (Semester 5-6)
Start preparing for placements or further studies early in the final year. Refine your resume, practice group discussions and interviews, and identify target companies or universities. Utilize campus placement cells effectively and attend mock interviews.
Tools & Resources
College placement cell resources, Online aptitude test platforms, Mock interview sessions, Career counseling services
Career Connection
Maximizes chances of securing desirable placements in core economics fields or gaining admission to prestigious postgraduate programs.
Program Structure and Curriculum
Eligibility:
- 10+2 (Intermediate) examination from any recognized board or equivalent.
Duration: 3 years (6 semesters)
Credits: 48 (for Economics Major papers only) Credits
Assessment: Internal: 25% (for theory papers as per university guidelines), External: 75% (for theory papers as per university guidelines)
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON-101 | Principles of Micro Economics | Major Core | 6 | Introduction to Economics, Consumer Behaviour Analysis, Production and Cost Theory, Market Structures (Perfect Competition, Monopoly), Factor Pricing Theory, Welfare Economics |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON-201 | Principles of Macro Economics | Major Core | 6 | National Income Accounting, Theories of Employment and Income, Consumption and Investment Functions, Money, Banking and Inflation, IS-LM Model, Business Cycles and Macroeconomic Policies |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON-301 | Indian Economy | Major Core | 6 | Basic Characteristics of Indian Economy, Economic Planning and Reforms, Agriculture and Rural Development, Industrial Sector and Services, Population, Poverty, Unemployment, and Inequality, External Sector and Trade Policies |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON-401 | Public Finance | Major Core | 6 | Role of Government in the Economy, Public Expenditure: Growth and Theories, Taxation: Principles and Structure, Public Debt Management, Fiscal Policy and Budgeting, Federal Finance in India |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON-501 | Development and Environmental Economics | Major Core | 4 | Theories of Economic Growth and Development, Poverty, Inequality, and Human Development, Population and Demographic Transition, Environmental Problems and Resource Scarcity, Sustainable Development Goals (SDGs), Environmental Policies and Valuation |
| ECON-502 | International Economics | Major Core | 4 | Theories of International Trade, Terms of Trade and Trade Policy, Balance of Payments, Foreign Exchange Markets and Exchange Rates, International Financial Institutions (IMF, World Bank), Economic Integration |
| ECON-503 | Project/Dissertation | Major Elective | 4 | Research Problem Formulation, Literature Review, Data Collection Methods, Data Analysis Techniques, Report Writing and Presentation, Ethical Considerations in Research |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECON-601 | Quantitative Techniques for Economic Analysis | Major Core | 4 | Mathematical Tools (Calculus, Algebra), Measures of Central Tendency and Dispersion, Probability and Probability Distributions, Correlation and Regression Analysis, Index Numbers and Time Series Analysis, Hypothesis Testing |
| ECON-602 | Money, Banking, and Financial Markets | Major Core | 4 | Nature and Functions of Money, Commercial Banking and Credit Creation, Central Banking and Monetary Policy, Financial Markets and Institutions, Indian Money Market and Capital Market, Role of RBI in Indian Economy |
| ECON-603 | Internship/Field Project | Major Elective | 4 | Industry Exposure and Practical Application, Problem Identification and Data Gathering, Application of Economic Principles, Report Preparation and Presentation, Teamwork and Professional Skills, Understanding Organizational Structure |
