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M-A in Economics at SHRI SIDDESHWARA ARTS AND COMM COLLEGE
Belagavi, Karnataka
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About the Specialization
What is Economics at SHRI SIDDESHWARA ARTS AND COMM COLLEGE Belagavi?
This M.A. Economics program at Shri Siddeshwara Arts and Commerce College, Belagavi, focuses on a comprehensive understanding of both theoretical and applied economic principles. The curriculum is designed to equip students with analytical skills essential for dissecting complex economic issues, relevant to India''''s diverse and evolving economic landscape. It emphasizes quantitative methods and policy analysis, preparing graduates for roles in research, academia, and public service.
Who Should Apply?
This program is ideal for fresh graduates with an Economics background seeking entry into research, policy analysis, or academic roles. It also suits working professionals from allied fields looking to deepen their economic insights and analytical capabilities, or career changers aiming to transition into sectors demanding strong economic understanding. Prerequisite backgrounds typically include B.A. with Economics, B.Com, B.B.M., or B.B.A. with specified aggregate marks.
Why Choose This Course?
Graduates of this program can expect to pursue diverse career paths in India, including economic analysts, policy researchers, statisticians, consultants, and educators. Entry-level salaries typically range from INR 3-5 LPA, growing significantly with experience to INR 8-15+ LPA in roles across government, banking, research firms, and NGOs. The program fosters critical thinking and data interpretation skills, crucial for navigating India''''s dynamic economic environment and contributing to national development.
Student Success Practices
Foundation Stage
Master Core Economic Theories- (Semester 1-2)
Dedicate significant effort to thoroughly understand Macro, Micro, Public, and International Economic theories. Utilize textbooks, reference materials, and engage in classroom discussions to build a strong conceptual foundation. Form study groups to clarify doubts and solve problems collectively.
Tools & Resources
Standard economic textbooks (e.g., Mankiw, Pindyck, Samuelson), Online economics tutorials (e.g., NPTEL, Khan Academy), Peer study groups
Career Connection
A solid grasp of core theories is fundamental for advanced economic analysis and forms the bedrock for any career in economics, from research to policy formulation.
Develop Quantitative Skills Early- (Semester 1-2)
Focus intensely on Statistical Methods and Mathematical Methods for Economics. Practice problem-solving rigorously. Attend extra workshops on software like Excel or R for basic data analysis, which are crucial for subsequent Econometrics courses and real-world applications.
Tools & Resources
Practice problem sets, Excel tutorials, Basic R programming for data analysis, Mathematics textbooks for economics
Career Connection
Strong quantitative skills are highly valued in roles like economic analysis, data science, and financial modeling within India''''s growing analytics industry.
Engage with Current Economic Affairs- (Semester 1-2)
Regularly read financial newspapers (e.g., The Economic Times, Business Standard) and reputable economic journals. Discuss current Indian economic challenges and policies with peers and faculty. This helps connect theoretical knowledge to practical scenarios.
Tools & Resources
The Economic Times, Business Standard, RBI Bulletin, Economic Survey of India (annual)
Career Connection
Staying updated on current affairs prepares students for interviews, policy discussions, and helps identify relevant research areas, crucial for roles in government and think tanks.
Intermediate Stage
Excel in Econometrics and Research- (Semester 3)
Master econometrics techniques and statistical software (e.g., EViews, Stata, R, Python for stats). Apply these methods to real-world datasets. Actively participate in Research Methodology by developing robust research questions and understanding data collection processes.
Tools & Resources
EViews/Stata/R/Python for Econometrics, Datasets from RBI, NSSO, World Bank, Research journal articles
Career Connection
Proficiency in econometrics and research methodology is indispensable for roles in economic research, market analysis, and academia, providing an edge in analytical positions.
Specialize through Electives and Internships- (Semester 3)
Choose electives strategically (Financial, Environmental, or Labour Economics) based on career interests. Seek out short-term internships or projects related to your specialization during semester breaks with local NGOs, research centers, or small financial firms.
Tools & Resources
Internship portals (e.g., Internshala), Faculty guidance for project ideas, Industry reports related to chosen elective
Career Connection
Early specialization and practical exposure provide relevant experience, enhance your resume, and clarify career directions, increasing employability in target sectors.
Network and Attend Seminars- (Semester 3)
Actively attend economics seminars, workshops, and guest lectures organized by the college or university. Network with faculty, visiting scholars, and professionals. Consider joining economics student clubs or forums to exchange ideas and collaborate on small projects.
Tools & Resources
College/University notice boards, LinkedIn for professional connections, Economics forums
Career Connection
Networking opens doors to mentorship, collaborative opportunities, and insights into industry trends, which can be pivotal for internships and job placements.
Advanced Stage
Undertake a High-Quality Dissertation/Project- (Semester 4)
Choose a relevant and impactful research topic for your project work, preferably with an India-specific context. Dedicate significant time to data collection, rigorous analysis using advanced software, and clear presentation of findings. Seek continuous feedback from your supervisor.
Tools & Resources
Statistical software (Stata, R, Python), Referencing tools (e.g., Mendeley), Academic writing guides
Career Connection
A strong dissertation showcases your research capabilities, critical thinking, and independent work, which are highly valued by employers and for further academic pursuits.
Prepare for Placements and Interviews- (Semester 4)
Begin placement preparation early by refining your resume, practicing quantitative aptitude, general knowledge, and behavioral interview questions. Participate in mock interviews and group discussions. Tailor your applications to specific roles and organizations.
Tools & Resources
Placement cell resources, Online aptitude tests, Current affairs magazines, Mock interview sessions
Career Connection
Effective placement preparation is crucial for securing desirable positions in a competitive job market, especially in the government, banking, and consulting sectors.
Explore Higher Education and Certifications- (Semester 4)
For those interested in academia or specialized research, explore Ph.D. opportunities in India and abroad. Alternatively, consider professional certifications in areas like data analytics, financial modeling, or public policy analysis to enhance specific skills for industry roles.
Tools & Resources
UGC NET/JRF preparation material, GRE/TOEFL guides (for abroad studies), Coursera/edX for specialized certifications
Career Connection
Further education or professional certifications can accelerate career growth, open doors to niche roles, and provide a competitive advantage in a knowledge-driven economy.
Program Structure and Curriculum
Eligibility:
- B.A. with Economics as one of the optional subjects or B.Com/B.B.M./B.B.A. with 45% of marks in aggregate (40% for SC/ST/CAT-I/PH candidates)
Duration: 4 semesters / 2 years
Credits: 66 Credits
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MAECO1.1 | Macro Economics: Theory & Policy | Core | 4 | Introduction to Macro Economics, Consumption and Investment Functions, Monetary Economics, Business Cycles, Macro Economic Policies |
| MAECO1.2 | Micro Economics: Theory & Application | Core | 4 | Theory of Consumer Behavior, Theory of Production and Costs, Market Structure, Theory of Factor Pricing, Welfare Economics |
| MAECO1.3 | Statistical Methods for Economics | Core | 4 | Introduction to Statistics, Data Collection and Presentation, Measures of Central Tendency and Dispersion, Correlation and Regression, Probability and Distributions |
| MAECO1.4 | Public Economics | Core | 4 | Introduction to Public Economics, Public Expenditure, Public Revenue, Public Debt, Fiscal Policy |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MAECO2.1 | Economics of Growth & Development | Core | 4 | Economic Growth Theories, Economic Development Concepts, Theories of Underdevelopment, Strategies of Economic Development, Indian Growth and Development Experience |
| MAECO2.2 | Monetary Economics | Core | 4 | Demand and Supply of Money, Inflation and Deflation, Monetary Policy, Money Markets, Financial Institutions |
| MAECO2.3 | Mathematical Methods for Economics | Core | 4 | Basic Concepts of Mathematics, Differential Calculus, Optimization Techniques, Integral Calculus, Input-Output Analysis |
| MAECO2.4 | International Economics | Core | 4 | Pure Theory of International Trade, Terms of Trade, Commercial Policy, Balance of Payments, International Monetary System |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MAECO3.1 | Econometrics | Core | 4 | Introduction to Econometrics, Classical Linear Regression Model, Problems in Regression Analysis, Dummy Variables, Time Series Econometrics |
| MAECO3.2 | Indian Economic Policy | Core | 4 | Features of Indian Economy, Agricultural Sector, Industrial Sector, Service Sector, Economic Reforms in India |
| MAECO3.3 | Research Methodology | Core | 4 | Introduction to Research, Research Design, Methods of Data Collection, Data Processing and Analysis, Report Writing |
| MAECO3.4A | Financial Economics | Elective | 4 | Introduction to Financial Economics, Financial Markets, Financial Instruments, Risk and Return Analysis, Portfolio Theory |
| MAECO3.4B | Environmental Economics | Elective | 4 | Introduction to Environmental Economics, Environmental Problems and Policies, Sustainable Development, Valuation of Environmental Goods, Climate Change Economics |
| MAECO3.4C | Labour Economics | Elective | 4 | Introduction to Labour Economics, Labour Supply and Demand, Wages and Employment, Trade Unions and Collective Bargaining, Labour Welfare Measures |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MAECO4.1 | Development Banking | Core | 4 | Introduction to Development Banking, Role of Financial Institutions, Sources of Funds, Project Appraisal Techniques, Challenges and Reforms |
| MAECO4.2 | Regional Economics | Core | 4 | Introduction to Regional Economics, Theories of Regional Development, Regional Imbalances, Regional Planning, Urban and Rural Economics |
| MAECO4.3A | Agricultural Economics | Elective | 4 | Introduction to Agricultural Economics, Agricultural Production and Productivity, Agricultural Marketing, Agricultural Finance, Agricultural Policy in India |
| MAECO4.3B | Industrial Economics | Elective | 4 | Introduction to Industrial Economics, Industrial Organization, Market Structure and Competition, Industrial Growth and Location, Industrial Policy in India |
| MAECO4.3C | Health Economics | Elective | 4 | Introduction to Health Economics, Demand and Supply of Health Care, Health Care Financing, Health Policy, Economic Evaluation in Health |
| MAECO4.4 | Project Work/Dissertation | Project | 6 | Problem Identification, Literature Review, Research Methodology, Data Analysis and Interpretation, Report Writing and Presentation |
