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BA in Economics at Shri Kalavara Varadaraja M. Shetty Government First Grade College
Udupi, Karnataka
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About the Specialization
What is Economics at Shri Kalavara Varadaraja M. Shetty Government First Grade College Udupi?
This Economics program at Shree Kalavara Varadaraj M Shetty Government First Grade College, Udupi, focuses on fundamental economic theories, policies, and their real-world applications within the Indian context. The curriculum emphasizes critical thinking, analytical skills, and quantitative methods essential for understanding national and global economic trends. It prepares students for diverse roles demanding sound economic insight and policy understanding, aligning with India''''s evolving economic landscape.
Who Should Apply?
This program is ideal for fresh graduates seeking entry into economic research, public administration, financial services, or development organizations in India. It also suits individuals passionate about understanding socio-economic challenges, public policy, and market dynamics. Students with a strong aptitude for analytical reasoning, data interpretation, and problem-solving, along with an interest in contemporary Indian economic affairs, will thrive in this curriculum.
Why Choose This Course?
Graduates of this program can expect to pursue dynamic career paths in government agencies, banks, research firms, NGOs, and corporate roles across India. Entry-level salaries typically range from INR 2.5 LPA to 5 LPA, with significant growth potential for experienced professionals. The program provides a strong foundation for higher studies in Economics, Public Policy, or MBA programs, enhancing long-term career trajectories in competitive Indian job markets.
Student Success Practices
Foundation Stage
Strengthen Foundational Economic Concepts- (Semester 1-2)
Dedicate consistent time to understand core microeconomics and macroeconomics principles, including demand-supply, market structures, and national income accounting. Actively participate in class discussions and utilize peer study groups to clarify doubts and deepen understanding.
Tools & Resources
NCERT Economics textbooks, NPTEL online courses for basic economics, Khan Academy, Class notes
Career Connection
A strong foundation is crucial for advanced economic analysis and for cracking competitive exams like UPSC, RBI Grade B, or banking exams, which are popular career paths in India.
Develop Analytical and Problem-Solving Skills- (Semester 1-2)
Regularly practice solving numerical problems related to economic concepts. Engage with case studies from Indian economic scenarios to apply theoretical knowledge to real-world issues. Participate in college-level debate competitions on economic topics to enhance critical thinking.
Tools & Resources
Economic Times, Business Standard, RBI publications, Problem sets from standard economics textbooks
Career Connection
Enhances critical thinking, which is highly valued in research, consulting, data analysis, and policy formulation roles across various Indian industries.
Cultivate Effective Study Habits- (Semester 1-2)
Establish a consistent study routine, review lecture notes daily, and prepare thoroughly for internal assessments. Focus on understanding concepts rather than rote learning. Seek clarification from faculty members promptly for any doubts to ensure continuous academic progress.
Tools & Resources
College library resources, Academic mentors, Online learning platforms offering supplementary content
Career Connection
Leads to academic excellence, which is a prerequisite for higher education admissions and often considered a key factor for entry-level positions in competitive fields in India.
Intermediate Stage
Master Quantitative Techniques- (Semester 3-4)
Pay close attention to quantitative techniques for economics, including mathematics and statistics. Practice data interpretation and basic statistical analysis. Look for online courses or college workshops to supplement classroom learning in areas like basic econometrics or statistical software.
Tools & Resources
MS Excel, Basic statistical software (e.g., R or Python if self-learned), Online tutorials for quantitative economics, NPTEL courses
Career Connection
Essential for data analyst roles, economic research, financial modeling, and higher studies in econometrics, which are high-demand fields in India.
Engage with Indian Economic Policy and Data- (Semester 3-5)
Regularly read economic newspapers, journals, and reports related to the Indian economy, such as the Economic Survey, Union Budget, and RBI bulletins. Participate in college seminars or workshops on contemporary economic issues in India to stay informed.
Tools & Resources
The Economic Times, Business Standard, Mint, Ministry of Finance reports, RBI website, NITI Aayog documents
Career Connection
Builds awareness of India''''s economic landscape and policy environment, crucial for government jobs, policy analysis, and roles in Indian corporations and think tanks.
Pursue Relevant Internships- (Semester 4-5 breaks)
Actively search for internships during semester breaks, even short-term ones, in areas like NGOs, local businesses, research organizations, or financial institutions. Focus on applying economic concepts learned in class to real-world projects.
Tools & Resources
Internship portals (Internshala, LinkedIn), College placement cell, Faculty networks
Career Connection
Provides invaluable practical experience, builds a professional network, and significantly enhances your resume for placements in the Indian job market.
Advanced Stage
Intensive Placement and Higher Studies Preparation- (Semester 6)
Begin preparing early for competitive exams (UPSC, RBI, Bank PO, SSC CGL) or entrance exams for Master''''s programs (e.g., MA Economics, MBA) if pursuing higher education. Focus on subject-specific knowledge, general aptitude, and current affairs.
Tools & Resources
Coaching centers, Online test series, Previous year question papers, Career counseling sessions at college
Career Connection
This is the direct path to securing placements in desired fields or admission to prestigious postgraduate programs in India, shaping your long-term career.
Undertake a Comprehensive Research Project/Internship- (Semester 6)
Dedicate significant effort to the final year project or internship. Choose a topic relevant to your interests and career goals, applying all learned economic and quantitative skills. Aim for a high-quality output and presentation to showcase your capabilities.
Tools & Resources
Academic journals, Research databases (JSTOR, Google Scholar), Statistical software (SPSS, EViews if available), Faculty guidance
Career Connection
Demonstrates independent research capability and problem-solving skills, a major asset for research roles, think tanks, and academic careers in India.
Develop Communication and Presentation Skills- (Semester 6)
Practice presenting your project work, participating in mock interviews, and refining your resume and cover letter. Attend workshops on public speaking, professional communication, and group discussions to hone these crucial soft skills for the job market.
Tools & Resources
College communication labs, Online courses on public speaking, Peer feedback sessions
Career Connection
Essential soft skills for excelling in interviews, professional networking, and effective communication in any work environment, contributing significantly to career success in India.
Program Structure and Curriculum
Eligibility:
- Pass in 10+2 or equivalent examination from a recognized board, as per Mangalore University norms.
Duration: 3 years / 6 semesters
Credits: 132 (approximate for 3-year BA under NEP) Credits
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC-DSC-101 | Microeconomics I | Discipline Specific Core (DSC) | 4 | Introduction to Microeconomics, Demand Analysis, Supply Analysis, Production Analysis, Cost Analysis |
| EC-OE-102 | Principles of Economics | Open Elective (OE) | 3 | Basic Economic Problems, Demand and Supply, Production Possibility Curve, Market Structures |
| BA-AECC-103 | Indian Constitution | Ability Enhancement Compulsory Course (AECC) | 2 | Framing of Indian Constitution, Fundamental Rights, Directive Principles of State Policy, Union and State Legislature, Indian Judiciary |
| BA-SEC-104 | Computer Fundamentals and Office Automation | Skill Enhancement Course (SEC) | 2 | Introduction to Computers, MS Word, MS Excel, MS PowerPoint, Internet Basics |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC-DSC-201 | Microeconomics II | Discipline Specific Core (DSC) | 4 | Market Structures, Oligopoly, Theory of Distribution, Welfare Economics, General Equilibrium |
| EC-OE-202 | Economics for Everyone | Open Elective (OE) | 3 | Basic Economic Concepts, Public Finance Overview, Indian Economy Overview, Global Economic Issues |
| BA-AECC-203 | Environmental Studies | Ability Enhancement Compulsory Course (AECC) | 2 | Natural Resources, Ecosystems, Biodiversity, Environmental Pollution, Environmental Ethics |
| BA-SEC-204 | Professional Communication | Skill Enhancement Course (SEC) | 2 | Basics of Communication, Business Correspondence, Report Writing, Presentation Skills, Interview Skills |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC-DSC-301 | Macroeconomics I | Discipline Specific Core (DSC) | 4 | National Income Accounting, Classical Theory of Employment, Keynesian Theory of Employment, Consumption and Investment Functions, Money and Banking |
| EC-SEC-302 | Quantitative Techniques for Economics I | Skill Enhancement Course (SEC) | 3 | Basic Mathematics for Economists, Functions and Graphs, Derivatives and their Applications, Integrals and their Applications, Matrix Algebra |
| EC-OE-303 | Indian Economy | Open Elective (OE) | 3 | Features of Indian Economy, Economic Reforms in India, Agriculture Sector, Industry Sector, Services Sector |
| BA-VAC-304 | Digital Fluency | Value Added Course (VAC) | 2 | Digital Devices and Systems, Internet and Web Browsers, Cyber Security Basics, Cloud Computing and Services, E-governance and Digital Payments |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC-DSC-401 | Macroeconomics II | Discipline Specific Core (DSC) | 4 | Theories of Inflation, Business Cycles, Fiscal Policy, Monetary Policy, Open Economy Macroeconomics |
| EC-SEC-402 | Quantitative Techniques for Economics II | Skill Enhancement Course (SEC) | 3 | Probability and Probability Distributions, Statistical Inference, Correlation and Regression Analysis, Time Series Analysis, Index Numbers |
| EC-OE-403 | Public Economics | Open Elective (OE) | 3 | Role of Government in the Economy, Public Goods and Externalities, Taxation Theories and Reforms, Public Expenditure, Fiscal Federalism |
| BA-VAC-404 | Entrepreneurship Development | Value Added Course (VAC) | 2 | Concepts of Entrepreneurship, Developing a Business Plan, Sources of Funding, Marketing Strategies for Startups, Legal Aspects of Business |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC-DSC-501 | Development Economics I | Discipline Specific Core (DSC) | 4 | Concepts of Economic Development and Growth, Theories of Underdevelopment, Poverty and Inequality, Human Development Index, Role of Institutions in Development |
| EC-DSE-502 | International Economics I | Discipline Specific Elective (DSE) | 4 | Theories of International Trade, Terms of Trade, Trade Policy Instruments, Balance of Payments, WTO and Trade Agreements |
| EC-SEC-503 | Research Methodology for Economics | Skill Enhancement Course (SEC) | 3 | Research Design and Types, Methods of Data Collection, Sampling Techniques, Data Analysis and Interpretation, Report Writing |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC-DSC-601 | Development Economics II | Discipline Specific Core (DSC) | 4 | Economic Planning in India, Globalization and its Impact, Sectoral Development in India, Role of Financial Institutions, Contemporary Development Challenges |
| EC-DSE-602 | International Economics II | Discipline Specific Elective (DSE) | 4 | Foreign Exchange Market, Exchange Rate Regimes, International Financial Institutions (IMF, World Bank), Regional Trading Blocs, International Capital Flows |
| EC-PRJ-603 | Project Work/Internship | Project | 3 | Project Proposal Development, Literature Review, Data Collection and Analysis, Report Writing and Documentation, Project Presentation |
