.png&w=1920&q=75)
BA in Economics at Shivraj Smarak Mahavidyalaya
Ballia, Uttar Pradesh
.png&w=1920&q=75)
About the Specialization
What is Economics at Shivraj Smarak Mahavidyalaya Ballia?
This Economics program at Shivraj Smarak Mahavidyalaya focuses on providing a strong foundation in economic theories, policy analysis, and quantitative methods. It equips students to understand complex economic issues facing India and the world, catering to the growing demand for skilled economists in various sectors. The program''''s design aligns with the New Education Policy, emphasizing a holistic learning approach.
Who Should Apply?
This program is ideal for fresh graduates from diverse academic backgrounds interested in understanding societal resource allocation and policy impacts. It is suitable for those aspiring to careers in government services, research, financial analytics, or further studies in economics, public policy, or business. Students with strong analytical and problem-solving skills will thrive.
Why Choose This Course?
Graduates of this program can expect promising career paths in government (UPSC, State PCS, RBI), economic research firms, banking, and financial services in India. Entry-level salaries typically range from INR 3-6 LPA, with significant growth potential up to INR 10-15+ LPA for experienced professionals. The analytical rigor developed also aids in pursuing higher education like M.A. Economics or MBA.
Student Success Practices
Foundation Stage
Master Economic Fundamentals- (Semester 1-2)
Develop a strong grasp of Micro and Macro Economics by thoroughly understanding concepts like demand-supply, market structures, national income, and inflation. Regular revision and conceptual clarity are crucial.
Tools & Resources
NCERT Economics books (Class XI-XII), Standard textbooks (e.g., H.L. Ahuja), Khan Academy Economics modules
Career Connection
A solid foundation is essential for advanced economic studies and for cracking competitive exams like UPSC or RBI Grade B, which test basic economic principles.
Cultivate Analytical Thinking- (Semester 1-2)
Engage actively with current economic news and policy debates (e.g., Union Budget analysis, RBI monetary policy). Try to analyze real-world scenarios using economic theories learned in class.
Tools & Resources
The Economic Times, Livemint, RBI Website for policy documents, Budget speeches
Career Connection
Sharp analytical skills are highly valued in research, consulting, and policy-making roles, enabling you to interpret data and provide informed insights.
Participate in Academic Discussions- (Semester 1-2)
Form study groups to discuss complex economic theories, solve numerical problems together, and prepare for internal assessments. Peer learning enhances understanding and retention.
Tools & Resources
College library, Dedicated study rooms, Online collaborative tools
Career Connection
Improved communication and collaborative skills are vital for teamwork in any professional setting, and effective discussion aids in critical evaluation of economic ideas.
Intermediate Stage
Develop Quantitative Skills- (Semester 3-5)
Focus on strengthening your statistical and mathematical abilities, especially in subjects like ''''Statistical Methods for Economics''''. Practice data interpretation and problem-solving regularly.
Tools & Resources
MS Excel for data handling, SPSS/R for basic statistical analysis (introductory level), Online tutorials for statistics in economics
Career Connection
Quantitative proficiency is critical for roles in data analysis, econometrics, and financial modeling, highly sought after in India''''s banking and research sectors.
Seek Internships/Projects- (Semester 3-5)
Look for local internships with NGOs, government departments (e.g., district planning office), or small research firms to gain practical exposure to economic data collection and analysis.
Tools & Resources
Local government websites, NGO directories, College career cell for local opportunities
Career Connection
Practical experience enhances your resume, provides networking opportunities, and helps you understand the real-world application of economic theories, improving placement prospects.
Engage with Economic Debates- (Semester 3-5)
Attend seminars, workshops, and college-level economic debates. This helps in understanding diverse perspectives on economic issues and sharpens public speaking and critical thinking.
Tools & Resources
Departmental event notices, Guest lectures, Inter-college competitions
Career Connection
These activities build confidence and communication skills, valuable for roles that involve presentations, policy advocacy, or media interaction.
Advanced Stage
Prepare for Competitive Exams- (Semester 6)
Begin focused preparation for UPSC Civil Services, RBI Grade B, SSC CGL, or other relevant government examinations. Integrate syllabus topics with exam patterns and practice previous year papers.
Tools & Resources
Online coaching platforms, Previous year question papers, Specialized study guides
Career Connection
Many Economics graduates in India aim for public sector roles. Early preparation significantly increases chances of securing prestigious government jobs.
Specialize and Research- (Semester 6)
Choose advanced topics in International Economics or Development and Environmental Economics for deeper study. Consider writing a research paper or a detailed project report under faculty guidance.
Tools & Resources
JSTOR, Google Scholar for research papers, Departmental faculty for mentorship, Academic writing workshops
Career Connection
Specialized knowledge and research experience are crucial for postgraduate studies, academic careers, or niche roles in economic consulting and think tanks.
Build a Professional Network- (Semester 6)
Connect with alumni, faculty, and professionals in the field of economics through college events, LinkedIn, or industry forums. Seek career advice and mentorship opportunities.
Tools & Resources
LinkedIn, College alumni association, Industry seminars
Career Connection
A strong professional network can open doors to internships, job opportunities, and invaluable guidance throughout your career trajectory in the Indian job market.
Program Structure and Curriculum
Eligibility:
- General 10+2 qualification from a recognized board
Duration: 3 years (6 semesters)
Credits: Approximately 148-160 for the entire BA program (32 credits for Economics Major subjects) Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO101 | Micro Economics | Major Core | 4 | Nature and Scope of Economics, Theory of Consumer Behaviour, Theory of Production and Cost, Market Structure and Price Determination, Factor Pricing |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO102 | Indian Economy | Major Core | 4 | Basic Characteristics of Indian Economy, Economic Planning and Reforms in India, Agriculture and Green Revolution, Industrial Policy and Development, Challenges of Poverty, Unemployment, and Inequality |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO201 | Macro Economics | Major Core | 4 | National Income Accounting, Classical and Keynesian Theories of Employment, Consumption and Investment Functions, Monetary Policy and Fiscal Policy, Inflation and Business Cycles |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO202 | Public Finance | Major Core | 4 | Role and Functions of Government in Economy, Public Expenditure and Public Revenue, Principles of Taxation, Public Debt Management, Fiscal Policy and Budgeting |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO301 | Money, Banking and Public Finance | Major Core | 4 | Evolution and Functions of Money, Commercial and Central Banking, Money Market Operations, Theory of Public Goods, Fiscal Federalism in India |
| ECO302 | Statistical Methods for Economics | Major Core | 4 | Nature and Scope of Statistics, Collection and Organization of Data, Measures of Central Tendency and Dispersion, Correlation and Regression Analysis, Index Numbers and Time Series |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO303 | International Economics | Major Core | 4 | Theories of International Trade, Terms of Trade and Trade Barriers, Balance of Payments, Foreign Exchange Rates, International Economic Organizations (IMF, WTO) |
| ECO304 | Development and Environmental Economics | Major Core | 4 | Concepts of Economic Development and Growth, Theories of Underdevelopment, Population and Human Capital Development, Environmental Problems and Policies, Sustainable Development Goals |
