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M-A in Economics at SIDDHARTH MAHAVIDYALAYA, BARDAPUR, SIDDHARTH NAGAR
Siddharthnagar, Uttar Pradesh
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About the Specialization
What is Economics at SIDDHARTH MAHAVIDYALAYA, BARDAPUR, SIDDHARTH NAGAR Siddharthnagar?
This M.A. Economics program at Siddharth Mahavidyalaya, Siddharthnagar focuses on providing a comprehensive understanding of economic theories, policies, and their application in the Indian context. It emphasizes critical analysis of socio-economic issues, preparing students to contribute to policy formulation and research, addressing contemporary challenges in the Indian economy. The program integrates quantitative methods crucial for modern economic analysis and decision-making.
Who Should Apply?
This program is ideal for fresh graduates with a Bachelor''''s degree in Economics or a related field seeking a robust foundation for careers in economic research, policy analysis, and academia. It also caters to aspiring civil servants, educators, and professionals looking to enhance their analytical and quantitative skills for roles in government, NGOs, and the financial sector within India.
Why Choose This Course?
Graduates of this program can expect to pursue diverse career paths in India, including economic analysts, researchers, consultants, and public policy advisors. Entry-level salaries typically range from INR 3-6 lakhs per annum, with experienced professionals earning significantly more. The program fosters advanced analytical capabilities, equipping students for positions in RBI, NITI Aayog, academic institutions, and leading Indian corporations.
Student Success Practices
Foundation Stage
Strengthen Quantitative Foundations- (Semester 1-2)
Actively engage with the quantitative methods and econometrics coursework. Regularly practice problem-solving using textbooks and online resources like Khan Academy or NPTEL lectures to build a strong base in statistics, calculus, and linear algebra.
Tools & Resources
NCERT Mathematics (Class 11-12), R.G.D. Allen''''s Mathematical Analysis for Economists, NPTEL courses on quantitative techniques
Career Connection
Essential for data-driven roles in economic analysis, research, and financial modeling, highly valued in Indian analytics firms and government bodies.
Deep Dive into Core Economic Theories- (Semester 1-2)
Beyond classroom lectures, read classic and contemporary texts in Micro and Macroeconomics. Form study groups to discuss complex theories and apply them to current Indian economic scenarios to enhance conceptual clarity and critical thinking.
Tools & Resources
Books by Hal Varian (Micro), N. Gregory Mankiw (Macro), D.N. Dwivedi (Indian Economy), Discussions on economic news channels
Career Connection
Provides the analytical framework required for policy formulation, economic journalism, and competitive exams like UGC NET/JRF and civil services.
Develop Academic Writing and Presentation Skills- (Semester 1-2)
Focus on improving research paper writing and oral presentation skills by participating in seminars, workshops, and college-level essay competitions. Seek feedback from professors on assignments to refine articulation of economic arguments.
Tools & Resources
Grammarly, Institutional writing centers (if available), Examples of well-written economic papers, TED Talks for presentation styles
Career Connection
Crucial for academic research, think tanks, consulting roles, and effective communication in any professional setting, including government reports and media interactions.
Intermediate Stage
Engage in Applied Research and Projects- (Semester 3-4)
Actively participate in departmental research projects or undertake independent small-scale research on Indian economic issues. Utilize statistical software like R, Python (Pandas/NumPy), or Stata to analyze real-world datasets, moving beyond theoretical exercises.
Tools & Resources
NSSO data, RBI publications, CMIE database, R-Studio, Python with Anaconda distribution, MOOCs on applied econometrics
Career Connection
Builds practical research experience and analytical skills highly sought after by research organizations, government agencies, and data analyst roles in India.
Seek Internships and Field Exposure- (Semester 3-4)
Actively look for internships with local NGOs, government departments (e.g., District Planning Office), small consulting firms, or academic institutions during semester breaks. This provides firsthand experience of policy implementation and economic challenges in an Indian context.
Tools & Resources
LinkedIn, Internshala, College placement cell, Networking with alumni
Career Connection
Crucial for gaining industry-specific experience, building a professional network, and enhancing employability for placements in development, policy, and research sectors.
Prepare for Competitive Examinations and Further Studies- (Semester 3-4)
Alongside regular coursework, dedicate time to prepare for competitive exams relevant to economics postgraduates, such as UGC NET/JRF for academia, Indian Economic Service (IES), or various banking and civil service examinations. Consider exploring options for PhD programs.
Tools & Resources
Previous year''''s question papers, Specialized coaching materials, Online test series, University career guidance cell
Career Connection
Opens pathways to careers in teaching, government economic services, central banks, and advanced research, crucial for long-term career growth in India.
Advanced Stage
Program Structure and Curriculum
Eligibility:
- Bachelor''''s degree (B.A.) with Economics or a related discipline from a recognized university, as per DDUGU norms.
Duration: 2 years (4 semesters)
Credits: 66 Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO-101 | Micro Economic Analysis - I | Core | 4 | Consumer Behaviour, Production and Cost Analysis, Market Structures, Factor Pricing, Welfare Economics |
| ECO-102 | Macro Economic Analysis - I | Core | 4 | National Income Accounting, Classical and Keynesian Theories of Employment, Consumption and Investment Functions, Money, Inflation and Interest Rates, Business Cycles |
| ECO-103 | Indian Economic Policy - I | Core | 4 | Structure of Indian Economy, Agricultural Development and Policy, Industrial Policy and Reforms, Fiscal and Monetary Policy in India, Poverty, Inequality and Unemployment |
| ECO-104 | Quantitative Methods for Economic Analysis | Core | 4 | Matrices and Determinants, Differential Calculus, Optimization Techniques, Statistical Methods (Probability, Distributions), Regression Analysis Basics |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO-201 | Micro Economic Analysis - II | Core | 4 | Advanced Consumer Theories, Theory of Production and Costs (Advanced), General Equilibrium Theory, Externalities and Public Goods, Asymmetric Information |
| ECO-202 | Macro Economic Analysis - II | Core | 4 | Post-Keynesian Schools of Thought, Open Economy Macroeconomics, IS-LM Model with Exchange Rates, Theories of Economic Growth, Fiscal and Monetary Policy Debates |
| ECO-203 | Indian Economic Policy - II | Core | 4 | External Sector and Trade Policy, Public Finance and Budgetary Policy, Economic Reforms and Liberalization, Financial Sector Reforms, Human Development in India |
| ECO-204 | Econometrics | Core | 4 | Classical Linear Regression Model (CLRM), Violations of CLRM Assumptions, Dummy Variables and Distributed Lags, Time Series Econometrics (Stationarity, Cointegration), Panel Data Regression |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO-301 | Development Economics - I | Core | 4 | Theories of Economic Growth and Development, Poverty, Inequality, and Underdevelopment, Population and Human Capital, Role of State and Markets in Development, Sustainability and Environmental Linkages |
| ECO-302 | Public Economics - I | Core | 4 | Public Goods and Externalities, Public Expenditure Theories, Taxation: Principles and Structure, Fiscal Federalism, Public Debt |
| ECO-303 | International Economics - I | Core | 4 | Theories of International Trade (Ricardian, Heckscher-Ohlin), Terms of Trade, Trade Policy (Tariffs, Quotas), Economic Integration, WTO and Global Trade |
| ECO-304 | Elective - I (e.g., Environmental Economics) | Elective | 4 | Environmental Quality and Market Failure, Valuation of Environmental Goods, Environmental Policy Instruments, Climate Change Economics, Sustainable Development Strategies |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO-401 | Development Economics - II | Core | 4 | Microfinance and Rural Development, Health and Education Economics, Technology and Development, Gender and Development, Sustainable Development Goals (SDGs) |
| ECO-402 | Public Economics - II | Core | 4 | Budgetary Policy and Fiscal Reforms in India, Centre-State Financial Relations, Local Self-Government Finance, Deficit Financing, Tax Reforms in India |
| ECO-403 | International Economics - II | Core | 4 | Exchange Rate Theories and Regimes, International Financial Markets, Foreign Direct Investment (FDI), International Financial Institutions (IMF, World Bank), Balance of Payments Adjustment |
| ECO-404 | Elective - II (e.g., Financial Economics) | Elective | 4 | Financial Markets and Instruments, Portfolio Theory, Asset Pricing Models, Derivatives (Futures, Options), Risk Management |
| ECO-405 | Dissertation/Project Work | Project | 6 | Research Methodology, Data Collection and Analysis, Literature Review, Thesis Writing, Presentation and Viva-Voce |
