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BACHELOR-OF-ARTS in Economics at SHRI SHIVAYOGI SANGAMARYA VIDYA SAMSTHAs SHRI H S PATIL ARTS DEGREE COLLEGE FOR WOMEN
Vijayapura, Karnataka
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About the Specialization
What is Economics at SHRI SHIVAYOGI SANGAMARYA VIDYA SAMSTHAs SHRI H S PATIL ARTS DEGREE COLLEGE FOR WOMEN Vijayapura?
This Economics program at Shri H S Patil Arts Degree College For Women focuses on providing a strong theoretical and applied understanding of economic principles relevant to India. It explores microeconomic foundations, macroeconomic policies, and contemporary Indian economic challenges, fostering analytical skills crucial for addressing the country''''s unique developmental trajectory. The program prepares students for roles in various sectors of the Indian economy.
Who Should Apply?
This program is ideal for fresh graduates from 10+2 with an interest in economic systems, government policies, and market dynamics. It suits individuals aspiring to careers in public service, research, banking, or business analysis in India. Students with strong analytical and problem-solving aptitudes, who wish to understand socio-economic issues at a deeper level, will find this specialization particularly rewarding.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as economic analysts, researchers, data analysts, or policy advisors. Entry-level salaries typically range from INR 2.5 LPA to 4.5 LPA, with significant growth potential in government organizations, think tanks, and corporate sectors. The program also provides a solid foundation for pursuing postgraduate studies in economics or related fields.
Student Success Practices
Foundation Stage
Master Economic Fundamentals- (Semester 1-2)
Focus on building a strong conceptual understanding of Micro and Macro Economics. Regularly review foundational theories, solve numerical problems from textbooks, and discuss concepts with peers to solidify learning. Attend all lectures and clarify doubts promptly to ensure no knowledge gaps.
Tools & Resources
NPTEL Economics courses, Khan Academy Economics, Standard Indian Economics textbooks (e.g., H.L. Ahuja, D.N. Dwivedi), Peer study groups
Career Connection
A robust foundation is essential for excelling in advanced subjects and forms the basis for analytical roles in any economic domain, improving performance in competitive exams for public service.
Develop Data Interpretation Skills- (Semester 1-2)
Begin familiarizing yourself with basic economic data sources and learn to interpret charts, graphs, and economic indicators. Read financial newspapers and economic magazines daily to understand real-world applications of economic theories. Participate in classroom discussions on current economic events.
Tools & Resources
The Economic Times, Business Standard, RBI publications, CMIE data
Career Connection
These skills are vital for entry-level analyst positions, helping you to understand economic reports and contribute to data-driven decision-making in various industries.
Improve Quantitative Aptitude- (Semester 1-2)
Alongside core subjects, dedicate time to improving basic mathematical and statistical reasoning. Practice problems involving percentages, ratios, averages, and basic algebra, which are fundamental to understanding economic models and preparing for entrance exams for higher studies or jobs.
Tools & Resources
RS Aggarwal''''s Quantitative Aptitude, Online aptitude tests, Mathematics for Economists by Alpha C. Chiang (introductory chapters)
Career Connection
Strong quantitative skills are highly valued in banking, finance, and research roles, enhancing your employability and success in competitive examinations like UPSC or RBI Grade B.
Intermediate Stage
Engage with Indian Economic Policies- (Semester 3-5)
Actively study the nuances of Indian economic policy, planning, and sector-specific challenges covered in the Indian Economy paper. Participate in debates, write short essays, and follow government reports (like the Economic Survey) to gain an in-depth perspective on national development.
Tools & Resources
NITI Aayog reports, Economic Survey of India, Union Budget documents, EPW (Economic and Political Weekly)
Career Connection
This deep understanding is critical for roles in government, public policy think tanks, and development organizations, making you a knowledgeable candidate for public service exams.
Build Basic Statistical Software Skills- (Semester 3-5)
While the syllabus covers quantitative methods, start exploring basic statistical software like Excel or R for data analysis. Practice creating data visualizations, running simple regressions, and interpreting outputs using real economic datasets. Look for free online tutorials.
Tools & Resources
Microsoft Excel (Data Analysis ToolPak), Introduction to R for Data Science (online courses), Kaggle (for datasets)
Career Connection
Acquiring practical software skills is a significant advantage for data analyst or research assistant positions, bridging the gap between theoretical knowledge and practical application.
Attend Workshops and Guest Lectures- (Semester 3-5)
Seek out and attend workshops, seminars, and guest lectures related to economics, particularly those hosted by the college or other institutions in Karnataka. These events provide exposure to current research, industry insights, and networking opportunities with professionals.
Tools & Resources
College notice boards, Eventbrite, LinkedIn (for professional events)
Career Connection
Networking and exposure to current economic thought can lead to mentorship opportunities, internship leads, and a broader understanding of career paths in economics.
Advanced Stage
Undertake a Mini-Research Project- (Semester 6)
In your final year, choose a topic of interest within International or Environmental Economics and conduct a small-scale research project. This involves literature review, data collection (even secondary data), analysis, and report writing. This builds critical thinking and research capabilities.
Tools & Resources
JSTOR, Google Scholar, University library databases, Basic statistical tools (Excel/R)
Career Connection
Research experience is highly valued in academic and policy-oriented roles, demonstrating your ability to conduct independent work and contribute to economic analysis.
Prepare for Post-Graduate Entrance Exams- (Semester 6)
If aspiring for higher studies in Economics (e.g., MA Economics), start preparing systematically for common entrance exams like those for Delhi School of Economics, JNU, or Gokhale Institute. Focus on revising micro, macro, statistics, and mathematics.
Tools & Resources
Previous year question papers, Online coaching platforms, Study groups focused on specific exams
Career Connection
Targeted preparation enhances your chances of securing admission to reputable institutions for advanced degrees, opening doors to academic, research, and specialized corporate roles.
Develop Interview and Communication Skills- (Semester 6)
Practice mock interviews focusing on general knowledge, current affairs, and economic concepts. Work on improving your presentation and communication skills, as these are crucial for conveying complex economic ideas clearly, whether in job interviews or professional presentations.
Tools & Resources
Career counseling centers, Toastmasters International (if available), Online interview preparation guides
Career Connection
Strong communication and interview skills are paramount for securing placements in banking, consultancy, or government jobs, ensuring you can articulate your knowledge effectively.
Program Structure and Curriculum
Eligibility:
- Pass in PUC/10+2 or equivalent examination from a recognized board.
Duration: 3 years (6 semesters)
Credits: Varies based on subject combination and university structure (4 credits per optional Economics paper) Credits
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECO.1.1 | Micro Economics | Core Optional | 4 | Nature and Scope of Economics, Demand Analysis, Supply Analysis, Production and Cost Analysis, Market Forms, Factor Pricing |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECO.2.1 | Macro Economics | Core Optional | 4 | Nature and Scope of Macroeconomics, National Income, Theory of Employment, Money and Price Level, Inflation and Deflation, Commercial Banking, Central Banking |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECO.3.1 | Indian Economy – I | Core Optional | 4 | Basic Features of Indian Economy, Planning in India, Agricultural Sector, Industrial Sector, Service Sector, Economic Reforms |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECO.4.1 | Public Economics | Core Optional | 4 | Public Finance: Meaning and Scope, Public Expenditure, Public Revenue (Taxation), Public Debt, Fiscal Policy, Federal Finance |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECO.5.1 | Development Economics | Core Optional | 4 | Economic Growth and Development (Concepts), Theories of Economic Development, Capital Formation, Human Capital, Poverty and Inequality, Environmental Issues |
| BAECO.5.2 | Quantitative Methods for Economics | Elective Optional | 4 | Statistical Methods: Measures of Central Tendency, Measures of Dispersion, Correlation Analysis, Regression Analysis, Index Numbers, Time Series Analysis |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECO.6.1 | International Economics | Core Optional | 4 | Theories of International Trade, Terms of Trade, Balance of Payments, Foreign Exchange Market, Trade Policy Instruments, International Economic Organizations |
| BAECO.6.2 | Environmental Economics | Elective Optional | 4 | Basic Concepts of Environmental Economics, Market Failure and Externalities, Environmental Valuation Methods, Environmental Policies and Regulations, Sustainable Development, Climate Change Economics |
