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BA in Economics at Shakuntala Devi Mahila Mahavidyalaya, Kayamganj, Farrukhabad
Farrukhabad, Uttar Pradesh
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About the Specialization
What is Economics at Shakuntala Devi Mahila Mahavidyalaya, Kayamganj, Farrukhabad Farrukhabad?
This Economics program at Shakuntala Devi Mahila Mahavidyalaya focuses on equipping students with a robust understanding of economic principles, policies, and their real-world applications within the Indian context. It delves into micro and macroeconomic theories, public finance, development economics, and quantitative methods, fostering analytical and problem-solving skills crucial for navigating India''''s dynamic economic landscape.
Who Should Apply?
This program is ideal for aspiring economists, policy analysts, researchers, and financial professionals. It suits fresh graduates seeking entry into government services, banking, or corporate analytics roles, as well as those planning postgraduate studies in economics. Students with a keen interest in national and global economic issues and strong analytical aptitude will thrive.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as economic consultants, market research analysts, data analysts, or positions in banking and financial services. Entry-level salaries typically range from INR 3-5 LPA, growing significantly with experience. The program provides a strong foundation for competitive exams (UPSC, RBI) and further academic pursuits.
Student Success Practices
Foundation Stage
Build Strong Conceptual Foundations- (Semester 1-2)
Focus on thoroughly understanding core micro and macroeconomics concepts. Utilize textbooks, online lectures (e.g., NPTEL, Swayam courses on basic economics), and form study groups with peers to clarify doubts. Regularly solve numerical problems and case studies to solidify learning.
Tools & Resources
NPTEL, Swayam, standard Indian economics textbooks (e.g., H.L. Ahuja, D.N. Dwivedi), study groups, college library
Career Connection
A strong theoretical base is essential for all advanced economic studies and forms the bedrock for analytical roles in any industry.
Develop Quantitative Aptitude- (Semester 1-2)
Economics requires strong quantitative skills. Dedicate time to practice basic mathematics, statistics, and logical reasoning. Use resources for competitive exams (e.g., SSC CGL, Bank PO) to enhance numerical problem-solving speed and accuracy relevant for economic analysis.
Tools & Resources
Online aptitude platforms (e.g., IndiaBix), practice books for competitive exams, Excel for basic data analysis
Career Connection
Essential for roles involving data interpretation, financial modeling, and any quantitative analysis in finance or research.
Engage with Economic News and Policies- (Semester 1-2)
Stay updated with current economic affairs by regularly reading financial newspapers (e.g., The Economic Times, Business Standard), reputable online economic news portals, and government policy documents. Participate in college debates or discussions on contemporary economic issues.
Tools & Resources
The Economic Times, Business Standard, RBI website, NITI Aayog reports, economic journals (online)
Career Connection
Develops awareness of real-world applications of economic theories, crucial for policy analysis, journalism, and general business acumen.
Intermediate Stage
Dive Deep into Indian Economic Issues- (Semester 3-4)
For Indian Economy and Public Finance, research current challenges like inflation, unemployment, fiscal deficit, and sectoral reforms. Write short analytical essays on these topics, integrating theoretical knowledge with empirical data from government reports (e.g., Economic Survey of India).
Tools & Resources
Economic Survey of India, Union Budget documents, RBI Bulletins, NITI Aayog publications, academic papers on Indian economics
Career Connection
Directly prepares students for roles in government planning bodies, public sector banks, and policy research firms focusing on India.
Pursue Relevant Internships- (Semester 3-4)
Seek short-term internships during semester breaks or part-time internships with local NGOs, small businesses, or district administration offices. Focus on roles that involve data collection, basic market research, or economic surveys to gain practical exposure.
Tools & Resources
College placement cell, online internship platforms (e.g., Internshala), local business directories, direct outreach
Career Connection
Provides crucial real-world experience, helps in networking, and clarifies career interests, making students more attractive to potential employers.
Enhance Data Literacy and Software Skills- (Semester 3-4)
Start learning basic statistical software like Excel (advanced functions), R, or Python for data analysis. Enroll in online courses for data visualization and basic econometrics to process and interpret economic data effectively.
Tools & Resources
Coursera/edX for R/Python basics, YouTube tutorials, Excel advanced functions, NPTEL courses on statistics
Career Connection
Essential for data analyst roles, market researchers, and any position requiring empirical economic analysis.
Advanced Stage
Specialize through Electives and Research- (Semester 5-6)
Choose Discipline Specific Electives (DSEs) based on your career interests (e.g., Development Economics for policy, Econometrics for research). Work diligently on your project/dissertation, applying learned methodologies to a real-world economic problem, demonstrating analytical rigor and research skills.
Tools & Resources
Academic journals, research databases (e.g., JSTOR, Google Scholar), statistical software (Stata, SPSS, R, Python), mentorship from faculty
Career Connection
Deepens expertise in a chosen sub-field, highly valued for specialized roles, postgraduate studies, and research positions.
Prepare for Higher Education and Competitive Exams- (Semester 5-6)
If aiming for an MA in Economics or competitive exams (UPSC, RBI Grade B, IES), begin dedicated preparation. Solve previous year''''s question papers, join coaching if necessary, and focus on advanced topics in microeconomics, macroeconomics, and statistics covered in these exams.
Tools & Resources
Coaching institutes (if chosen), UPSC/RBI/IES previous year papers, specialized textbooks, online forums for exam preparation
Career Connection
Directly leads to prestigious government jobs, roles in central banking, or entry into top-tier Master''''s programs.
Refine Communication and Presentation Skills- (Semester 5-6)
Actively participate in seminars, workshops, and present your project work effectively. Practice articulating complex economic ideas clearly and concisely, both verbally and in written reports. This is critical for academic and professional success.
Tools & Resources
Public speaking clubs, college seminars, mock presentations, feedback from faculty and peers, professional communication guides
Career Connection
Indispensable for roles requiring client interaction, policy advocacy, academic teaching, and leadership positions.
Program Structure and Curriculum
Eligibility:
- Intermediate (10+2) examination or its equivalent from any recognized Board/University.
Duration: 3 years (6 semesters)
Credits: 40 (for Economics Major) Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A040101T | Principles of Microeconomics | Major Core (Discipline Specific Core) | 4 | Introduction to Economics, Consumer Behaviour, Theory of Production and Cost, Market Structures, Factor Pricing |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A040201T | Principles of Macroeconomics | Major Core (Discipline Specific Core) | 4 | National Income, Theories of Employment and Income, Inflation, Monetary and Fiscal Policy, International Trade |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A040301T | Indian Economy | Major Core (Discipline Specific Core) | 4 | Characteristics of Indian Economy, Agriculture Sector in India, Industrial Sector in India, Poverty, Unemployment and Inequality, Economic Reforms in India |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A040401T | Public Finance | Major Core (Discipline Specific Core) | 4 | Nature and Scope of Public Finance, Public Revenue, Public Expenditure, Public Debt, Fiscal Federalism in India |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A040501T | Microeconomics (Advanced) | Major Core (Discipline Specific Core) | 4 | Consumer Behavior under Uncertainty, Welfare Economics, Game Theory Applications, Market Failures and Externalities, Information Economics |
| A040502T | Development Economics | Elective (Discipline Specific Elective) | 4 | Concepts of Economic Development, Theories of Economic Growth, Poverty and Inequality, Human Capital Development, Role of State in Development |
| A040503T | Environmental Economics | Elective (Discipline Specific Elective) | 4 | Economics and Environment Interface, Environmental Valuation, Environmental Policy Instruments, Climate Change Economics, Sustainable Development |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A040601T | Macroeconomics (Advanced) | Major Core (Discipline Specific Core) | 4 | Business Cycles, Monetary Policy Frameworks, Fiscal Policy and Debt, Open Economy Macroeconomics, Macroeconomic Models |
| A040602T | Econometrics | Elective (Discipline Specific Elective) | 4 | Introduction to Econometrics, Simple Linear Regression, Multiple Regression Analysis, Violations of Classical Assumptions, Time Series Models |
| A040603P | Project Work/Dissertation/Internship | Project/Practical | 4 | Research Methodology, Data Collection and Analysis, Report Writing, Presentation Skills, Fieldwork/Industry Exposure |
