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BA in Economics at SHRI GALAVA EDUCATION SANSTHE SHRI GALAVA MAHARSHI ARTS AND COMMERCE COLLEGE
Bagalkote, Karnataka
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About the Specialization
What is Economics at SHRI GALAVA EDUCATION SANSTHE SHRI GALAVA MAHARSHI ARTS AND COMMERCE COLLEGE Bagalkote?
This Economics program at Shri Galava Maharshi Arts and Commerce College, Bagalkot, affiliated with Rani Channamma University, focuses on equipping students with a robust understanding of economic principles and their real-world applications. The curriculum, designed to meet the demands of the modern Indian economy, delves into microeconomics, macroeconomics, public finance, development economics, and quantitative techniques. It emphasizes analytical thinking, problem-solving, and data interpretation skills, which are crucial for addressing complex economic challenges in various sectors across India. The program prepares students for diverse roles that require a deep insight into economic phenomena and policy implications.
Who Should Apply?
This program is ideal for 10+2 graduates with a keen interest in understanding societal resource allocation, market dynamics, and government policies. It caters to aspiring civil servants, future researchers, and individuals aiming for roles in banking, financial services, or development organizations in India. The curriculum is also suitable for those looking to build a strong analytical foundation for further postgraduate studies in economics, business, or public policy. No specific prior economics background is strictly required, though a strong aptitude for logical reasoning and basic mathematics is beneficial for success.
Why Choose This Course?
Graduates of this program can expect to pursue various India-specific career paths, including economic analyst, market research analyst, financial consultant, data analyst, or roles in government agencies such as the RBI, NITI Aayog, or state planning boards. Entry-level salaries in India typically range from INR 3-5 lakhs per annum, with experienced professionals earning significantly more depending on their sector and specialization. The growth trajectory can lead to positions like senior economist, policy advisor, or financial manager in both private and public sectors. The analytical skills developed are highly valued for competitive examinations and professional certifications.
Student Success Practices
Foundation Stage
Build Strong Conceptual Foundations- (Semester 1-2)
Focus on thoroughly understanding core micro and macro economic concepts. Engage with textbooks, attend lectures diligently, and participate in classroom discussions to clarify doubts. Utilize online resources like NPTEL and Swayam for supplementary learning modules on fundamental economics.
Tools & Resources
Textbooks (e.g., Mankiw for Micro/Macro), NPTEL/Swayam (Introductory Economics courses), Class notes and discussion groups
Career Connection
A strong grasp of fundamentals is crucial for higher-level economic analysis and forms the bedrock for competitive exams and further academic pursuits.
Enhance Quantitative Skills for Economics- (Semester 1-2)
Pay special attention to mathematical methods for economics. Practice problem-solving regularly from textbooks and exercise sets. Consider joining a peer study group to work through complex quantitative problems. Utilize online platforms for basic math and statistics refreshers.
Tools & Resources
R.G.D. Allen (Mathematical Analysis for Economists), Khan Academy (for basic math review), Peer study groups
Career Connection
Quantitative aptitude is essential for roles in finance, data analysis, and economic research, significantly boosting employability.
Develop Critical Thinking and Analytical Reading- (Semester 1-2)
Actively read economic news from reputable Indian financial dailies like The Economic Times, Livemint, or Business Standard. Critically analyze government policies and economic events, trying to link them to the theories learned in class. Participate in debates or essay writing competitions.
Tools & Resources
The Economic Times, Livemint, Business Standard, Economic Survey of India (annual)
Career Connection
Sharp analytical skills are highly valued in policy analysis, research, and any role requiring informed decision-making.
Intermediate Stage
Apply Economic Theories to the Indian Context- (Semester 3-4)
Focus on subjects like Public Economics and Indian Economy. Conduct small-scale projects or presentations on current Indian economic issues, applying theoretical frameworks to real-world scenarios. Engage with case studies on India''''s economic reforms and policy impacts.
Tools & Resources
Economic Survey of India, RBI Annual Reports, NITI Aayog publications, Academic journals focusing on Indian economy
Career Connection
Understanding the Indian economic landscape is key for government jobs, economic journalism, and roles in Indian corporations.
Master Data Analysis and Presentation Tools- (Semester 3-4)
Utilize the ''''Computer Applications in Economics'''' and ''''Data Collection and Presentation'''' courses to gain practical proficiency in MS Excel for data handling, statistical analysis, and creating effective visual representations. Explore basic data visualization techniques.
Tools & Resources
MS Excel, OpenOffice Calc, Online tutorials for data visualization, Datasets from NSSO, MOSPI
Career Connection
Proficiency in data handling is a core skill for data analyst roles, market research, and any quantitative position in the modern economy.
Engage in Academic and Departmental Activities- (Semester 3-4)
Join the Economics department''''s clubs or societies. Participate in inter-college quizzes, seminars, or workshops on economic topics. This helps in networking with peers and faculty, developing presentation skills, and staying updated on current research trends.
Tools & Resources
College Economics Club, University-level seminars, Departmental faculty
Career Connection
Active participation enhances soft skills, builds confidence, and creates networking opportunities crucial for future career growth and recommendations.
Advanced Stage
Specialize and Conduct Mini-Research Projects- (Semester 5-6)
Deep dive into your chosen Discipline Specific Electives (DSEs) like Agricultural, Managerial, Rural, or Industrial Economics. Identify a specific area of interest within these fields and undertake a mini-research project under faculty guidance. This could involve data collection, analysis, and a small report.
Tools & Resources
Academic research papers, Statistical software (e.g., R, Python basics if feasible), Faculty mentors, Library databases
Career Connection
Specialization makes you a more attractive candidate for specific industry roles or for pursuing advanced degrees like an MA/MSc in Economics.
Build Professional Network and Seek Internships- (Semester 5-6)
Attend industry-specific webinars, career fairs, and networking events (physical or virtual). Actively seek internships in financial institutions, research firms, NGOs, or government departments during semester breaks. Prepare a strong resume highlighting your economic skills.
Tools & Resources
LinkedIn, Internshala, College placement cell, Career counselors
Career Connection
Internships provide invaluable practical experience, open doors to full-time employment, and help in clarifying career goals. Networking can lead to mentorship and job referrals.
Prepare for Higher Studies or Competitive Examinations- (Semester 5-6)
For those aiming for an MA in Economics (e.g., at Delhi School of Economics, JNU) or competitive exams like UPSC Civil Services, RBI Grade B, or Indian Economic Service, begin focused preparation. Practice previous year question papers, attend coaching classes if needed, and develop strong analytical and writing skills.
Tools & Resources
Previous year question papers, Coaching institutes (offline/online), Study guides for competitive exams, Regular mock tests
Career Connection
Strategic preparation during the advanced stage is critical for securing admission to top postgraduate programs or excelling in highly competitive government job examinations in India.
Program Structure and Curriculum
Eligibility:
- Pass in Pre-University Course (10+2) or equivalent
Duration: 3 years (6 semesters)
Credits: 150 (for entire BA degree as per university guidelines) Credits
Assessment: Internal: 20%, External: 80%
Semester-wise Curriculum Table
Semester 1
Semester 2
Semester 3
Semester 4
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-5A | International Economics | Core | 4 | Theories of International Trade, Terms of Trade, Free Trade vs Protection, Balance of Payments, Foreign Exchange Market |
| DSC-5B | Environmental Economics | Core | 4 | Environmental Problems, Environmental Valuation, Pollution Control Mechanisms, Sustainable Development, Environmental Policies |
| DSE-5A | Agricultural Economics | Discipline Specific Elective | 4 | Role of Agriculture in Economy, Agricultural Production and Productivity, Agricultural Marketing, Agricultural Finance, Agricultural Policies in India |
| DSE-5B | Managerial Economics | Discipline Specific Elective | 4 | Nature and Scope of Managerial Economics, Demand Analysis and Forecasting, Production and Cost Analysis, Pricing Decisions and Strategies, Capital Budgeting |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-6A | Monetary Economics | Core | 4 | Theories of Money, Demand and Supply of Money, Inflation and Deflation, Monetary Policy, Role of RBI and Commercial Banks |
| DSC-6B | Econometrics | Core | 4 | Nature and Scope of Econometrics, Simple Linear Regression, Multiple Regression Analysis, Problems in Regression Analysis, Time Series Analysis |
| DSE-6A | Rural Economics | Discipline Specific Elective | 4 | Concepts of Rural Development, Rural Poverty and Employment, Rural Indebtedness, Rural Industrialization, Rural Infrastructure and Services |
| DSE-6B | Industrial Economics | Discipline Specific Elective | 4 | Industrial Development in India, Industrial Structure and Market Concentration, Industrial Location and Productivity, Industrial Sickness and Policy, Small Scale Industries |
