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BA in Economics at Scott Christian College
Kanyakumari, Tamil Nadu
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About the Specialization
What is Economics at Scott Christian College Kanyakumari?
This BA Economics program at Scott Christian College focuses on providing a comprehensive understanding of economic principles, theories, and their real-world applications within the Indian context. It delves into micro, macro, international, and public economics, equipping students with analytical and quantitative skills essential for understanding market dynamics and policy implications in a developing economy like India. The program emphasizes both theoretical foundations and practical relevance.
Who Should Apply?
This program is ideal for fresh graduates seeking entry into economic research, data analysis, public policy, or financial services. It also suits individuals passionate about understanding societal economic challenges and contributing to national development. Students with a strong aptitude for analytical thinking, problem-solving, and an interest in quantitative methods will find this specialization rewarding, preparing them for diverse career paths.
Why Choose This Course?
Graduates of this program can expect diverse career opportunities in India, including roles as economic analysts, data scientists, policy researchers, and financial consultants. Entry-level salaries typically range from INR 2.5 to 4.5 lakhs annually, with significant growth potential up to INR 8-15 lakhs for experienced professionals. The curriculum often aligns with preparation for civil services, banking exams, and postgraduate studies in economics or management.
Student Success Practices
Foundation Stage
Master Core Economic Concepts- (Semester 1-2)
Focus on building a strong foundation in Microeconomics and Statistics. Regularly revise definitions, theories, and models. Participate in tutorial sessions and use online resources to clarify complex concepts and ensure deep understanding.
Tools & Resources
NPTEL courses on Economics, Khan Academy, NCERT Economics textbooks, MS Excel
Career Connection
A strong conceptual base is crucial for higher-level subjects and forms the bedrock for analytical roles in any economics-related field, especially in entry-level positions.
Develop Quantitative Skills- (Semester 1-2)
Pay close attention to statistical methods and mathematical applications. Practice problem-solving regularly, utilize spreadsheets for data handling, and understand how to interpret statistical results relevant to economic data sets.
Tools & Resources
Textbook practice problems, Online quizzes, Basic data analysis in Excel, NPTEL courses on quantitative techniques
Career Connection
Quantitative skills are highly valued for roles in data analysis, financial modeling, and economic research, which are in high demand across Indian companies and research institutions.
Engage in Economic Discussions- (Semester 1-2)
Actively participate in classroom discussions, join economic clubs, or form study groups. Read economic news from Indian newspapers (e.g., The Economic Times, Business Standard) and magazines to relate theoretical concepts to current events and policies.
Tools & Resources
Local library resources, College economic forums, Online news portals, Peer study groups
Career Connection
Improves critical thinking, communication, and the ability to contextualize economic issues, vital for policy analysis and consulting roles in India.
Intermediate Stage
Explore Policy Applications through Case Studies- (Semester 3-4)
Apply Macroeconomics and Public Finance concepts to real-world Indian policy scenarios. Analyze government budgets, monetary policy announcements by RBI, and international trade agreements involving India to understand their practical implications.
Tools & Resources
Economic Survey of India, RBI publications, Case studies from Indian economic journals, Government reports
Career Connection
Develops an understanding of policy implications, crucial for careers in public administration, policy research, and think tanks focused on Indian economic challenges.
Build Data Analysis Proficiency- (Semester 3-4)
Enhance skills in data collection, organization, and basic analysis using statistical software. Work on small projects involving real Indian economic datasets (e.g., from NSSO, Ministry of Statistics) to gain practical experience in data interpretation.
Tools & Resources
MS Excel (advanced functions), Basic R/Python for data visualization (optional), NSSO data, Ministry of Statistics & Programme Implementation (MoSPI) reports
Career Connection
Prepares students for roles as research assistants, data analysts, and market researchers, which are common entry points in Indian companies and consultancies.
Network and Seek Mentorship- (Semester 3-4)
Attend webinars, guest lectures, and workshops organized by the department or university. Connect with alumni working in economics-related fields in India for career guidance and potential internship leads.
Tools & Resources
LinkedIn, College alumni network, Career fairs, Faculty mentorship
Career Connection
Helps in understanding industry expectations, identifying potential career paths, and securing internships or entry-level positions within the Indian job market.
Advanced Stage
Specialize and Undertake Research Projects- (Semester 5-6)
Choose Discipline Specific Electives aligned with career interests (e.g., Agricultural Economics, Financial Economics). Actively engage in the final year project, conducting primary or secondary research on a relevant Indian economic issue.
Tools & Resources
Academic databases (JSTOR, ResearchGate), Statistical software (SPSS, EViews if available), Research methodology textbooks, Field surveys
Career Connection
Demonstrates specialized knowledge and research capability, highly valued for postgraduate studies, research roles, and consulting in India.
Prepare for Higher Education/Job Interviews- (Semester 5-6)
Begin preparing for entrance exams for postgraduate studies (e.g., MA Economics, MBA) or competitive exams (UPSC, banking). Practice aptitude tests, group discussions, and mock interviews focusing on current economic affairs and conceptual understanding.
Tools & Resources
Coaching centers (if opted), Online test series, Mock interview platforms, Newspaper editorials, Economic journals
Career Connection
Direct preparation for securing admissions to prestigious institutions or landing desirable jobs in India''''s competitive professional and academic market.
Develop Professional Communication & Presentation Skills- (Semester 5-6)
Refine report writing and presentation skills through project work and seminars. Focus on articulating economic arguments clearly, concisely, and persuasively, suitable for professional and academic settings within the Indian context.
Tools & Resources
Presentation software (PowerPoint, Google Slides), Academic writing guides, Public speaking workshops, Peer feedback sessions
Career Connection
Essential for all professional roles, especially in consulting, research, and managerial positions, allowing graduates to effectively convey economic insights to diverse audiences.
Program Structure and Curriculum
Eligibility:
- A candidate should have passed in the Higher Secondary Examination (Academic/Vocational Stream) conducted by the Government of Tamil Nadu or an Examination accepted as equivalent thereof by the Syndicate of Manonmaniam Sundaranar University.
Duration: 3 years (6 semesters)
Credits: 140 Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 20CTAT11 | Tamil I / Other Languages I | Core Language | 3 | Ancient and Modern Literature, Prose and Poetry Appreciation, Grammar and Syntax, Translation Skills, Communication and Comprehension |
| 20CEN11 | English I | Core Language | 3 | Prose and Poetry Analysis, Grammar and Usage, Composition and Essay Writing, Reading Comprehension, Basic Communication Skills |
| 20CEN1A | Micro Economics - I | Core | 4 | Demand and Supply Analysis, Consumer Behavior, Production Function and Cost Analysis, Market Structures, Pricing under Competition |
| 20CEN1B | Statistical Methods - I | Core | 4 | Data Collection and Presentation, Measures of Central Tendency, Measures of Dispersion, Correlation Analysis, Regression Analysis |
| 20CEG11 | General Elective - I (e.g., Fundamentals of Economics) | General Elective | 2 | Basic Economic Concepts, Types of Economies, Role of Government in Economy, Introduction to Market Mechanisms, Global Economic Overview |
| 20CAE11 | Environmental Studies | AECC (Ability Enhancement Compulsory Course) | 6 | Ecosystems and Biodiversity, Natural Resources and Conservation, Environmental Pollution, Climate Change and Sustainability, Environmental Ethics and Laws |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 20CTAT21 | Tamil II / Other Languages II | Core Language | 3 | Literary Movements, Dramatic Forms, Advanced Grammar, Creative Writing, Cultural Studies |
| 20CEN21 | English II | Core Language | 3 | Literary Genres, Critical Analysis, Advanced Writing Skills, Presentation Techniques, Public Speaking |
| 20CEN2A | Micro Economics - II | Core | 4 | Factor Pricing Theories, General Equilibrium Analysis, Welfare Economics, Market Failures, Theory of Distribution |
| 20CEN2B | Statistical Methods - II | Core | 4 | Index Numbers, Time Series Analysis, Probability Theory, Sampling Techniques, Hypothesis Testing |
| 20CEG21 | General Elective - II (e.g., Economic Reforms in India) | General Elective | 2 | LPG Reforms in India, Privatization and Globalization, Impact on Indian Economy, Challenges of Reforms, Contemporary Economic Issues |
| 20CAE21 | Value Education (Human Rights) | AECC (Ability Enhancement Compulsory Course) | 6 | Concepts of Human Rights, Universal Declaration of Human Rights, Human Rights in India, Gender Equality and Women''''s Rights, Child Rights and Education |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 20CEN3A | Macro Economics - I | Core | 4 | National Income Accounting, Classical and Keynesian Theories of Employment, Consumption and Investment Functions, Money Supply and Demand, Inflation and Deflation |
| 20CEN3B | Monetary Economics | Core | 4 | Functions of Money, Theories of Money Demand and Supply, Commercial Banking System, Central Banking and RBI, Monetary Policy Instruments |
| 20CEN3C | Public Finance | Core | 4 | Role of Government in Economy, Public Revenue and Taxation, Public Expenditure Theories, Public Debt Management, Fiscal Policy and Budgeting |
| 20CES31 | Skill Enhancement Course (e.g., Computer Applications in Economics) | SEC | 2 | MS Office for Data Analysis, Internet for Economic Research, Basic Data Handling and Presentation, Statistical Software Introduction, Economic Databases |
| 20CEN3P | Principles of Management | Allied Core | 4 | Nature and Scope of Management, Planning and Decision Making, Organizing and Staffing, Directing and Controlling, Leadership and Motivation |
| 20CEN3Q | History of Economic Thought | Allied Core | 4 | Mercantilism and Physiocracy, Classical School of Thought, Marxian Economics, Neo-Classical Economics, Keynesian Revolution and Post-Keynesians |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 20CEN4A | Macro Economics - II | Core | 4 | IS-LM Model, Business Cycles, Open Economy Macroeconomics, Exchange Rate Regimes, International Capital Flows |
| 20CEN4B | International Economics | Core | 4 | Theories of International Trade, Terms of Trade, Balance of Payments, Tariffs and Quotas, International Economic Organizations |
| 20CEN4C | Managerial Economics | Core | 4 | Demand Forecasting, Production and Cost Decisions, Pricing Strategies, Capital Budgeting, Profit Management |
| 20CES41 | Skill Enhancement Course (e.g., Data Analysis using Spreadsheets) | SEC | 2 | Advanced Excel Functions, Data Visualization with Charts, Statistical Analysis in Spreadsheets, Pivot Tables and Data Summarization, Regression Analysis in Excel |
| 20CEN4P | Principles of Marketing | Allied Core | 4 | Marketing Concepts and Environment, Consumer Behavior, Product Life Cycle, Pricing and Promotion Strategies, Distribution Channels |
| 20CEN4Q | Fundamentals of Banking | Allied Core | 4 | Commercial Banks and Functions, Reserve Bank of India (RBI), E-Banking and Digital Payments, Financial Markets and Instruments, Banking Sector Reforms in India |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 20CEN5A | Indian Economic Development | Core | 4 | Economic Planning in India, Agriculture Sector and Green Revolution, Industrial Development and Policies, Service Sector Growth, Poverty, Inequality, and Unemployment |
| 20CEN5B | Environmental Economics | Core | 4 | Environmental Goods and Externalities, Economics of Pollution Control, Sustainable Development Goals, Environmental Policies and Regulations, Resource Economics |
| 20CEN5C | Mathematical Economics - I | Core | 4 | Functions and Graphs, Differential Calculus and Optimization, Integral Calculus, Matrix Algebra, Linear Programming Introduction |
| 20CED51 | Discipline Specific Elective - I (e.g., Agricultural Economics) | DSE | 4 | Structure of Indian Agriculture, Agricultural Production and Productivity, Agricultural Marketing and Pricing, Rural Credit and Finance, Food Security and Policies |
| 20CED52 | Discipline Specific Elective - II (e.g., Financial Economics) | DSE | 4 | Financial Markets and Institutions, Money Market and Capital Market, Investment Analysis, Portfolio Management, Derivatives and Risk Management |
| 20CEN5P | Entrepreneurial Development | Allied Core | 4 | Concept of Entrepreneurship, Characteristics of an Entrepreneur, Business Plan Preparation, Sources of Finance for Entrepreneurs, Small Scale Industries and Government Support |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 20CEN6A | Growth and Development Economics | Core | 4 | Theories of Economic Growth, Theories of Economic Development, Poverty, Inequality, and Human Development, Role of Capital and Technology, Globalization and Development |
| 20CEN6B | Research Methodology | Core | 4 | Research Design and Types, Methods of Data Collection, Sampling Techniques, Hypothesis Formulation and Testing, Report Writing and Ethics in Research |
| 20CEN6C | Mathematical Economics - II | Core | 4 | Input-Output Analysis, Game Theory Introduction, Dynamic Optimization, Econometrics Basics, Economic Modeling |
| 20CED61 | Discipline Specific Elective - III (e.g., Demographic Economics) | DSE | 4 | Population Theories, Fertility, Mortality, and Migration, Population Structure and Ageing, Population Policy in India, Demographic Transition |
| 20CED62 | Discipline Specific Elective - IV (e.g., Behavioral Economics) | DSE | 4 | Introduction to Behavioral Economics, Cognitive Biases and Heuristics, Prospect Theory, Nudge Theory and Policy, Experimental Economics |
| 20CEN6P | Project | Core Project | 4 | Research Problem Identification, Literature Review, Data Analysis and Interpretation, Report Writing and Formatting, Presentation of Findings |
