.png&w=1920&q=75)
M-A in Economics at Singh Vahini Mahavidyalaya
Auraiya, Uttar Pradesh
.png&w=1920&q=75)
About the Specialization
What is Economics at Singh Vahini Mahavidyalaya Auraiya?
This M.A. Economics program at Singh Vahini Mahavidyalaya, affiliated with Chhatrapati Shahu Ji Maharaj University (CSJMU), focuses on providing advanced knowledge in economic theory, quantitative methods, and policy analysis. The curriculum is designed to offer a comprehensive understanding of micro and macro economic principles, development challenges, and sector-specific applications, all within the context of the evolving Indian economy. It aims to equip students with critical thinking and analytical skills essential for various economic roles.
Who Should Apply?
This program is ideal for fresh graduates with a Bachelor''''s degree in Economics, Commerce, Statistics, or a related discipline who aspire to pursue careers in economic research, policy-making, or data analysis. It also caters to working professionals seeking to enhance their analytical capabilities and upskill for advanced roles in economic fields. Individuals keen on understanding complex economic phenomena and contributing to India''''s developmental trajectory will find this program highly beneficial.
Why Choose This Course?
Graduates of this program can expect diverse and rewarding career paths in India. Common roles include Economist, Research Analyst, Data Scientist, Policy Consultant, Financial Analyst, and roles in the banking sector. Entry-level salaries typically range from INR 3 to 6 lakhs per annum, with experienced professionals potentially earning INR 10-15+ lakhs. The skills acquired are highly valued in government bodies like NITI Aayog, RBI, commercial banks, think tanks, and consultancy firms across the country.
Student Success Practices
Foundation Stage
Master Core Economic Theories- (Semester 1-2)
Develop a strong conceptual foundation in Micro, Macro, Public, and Development Economics. Regularly review classic texts and engage in peer-led study groups to clarify complex theories and their real-world implications.
Tools & Resources
NPTEL courses on foundational economics, Standard textbooks (e.g., H.L. Ahuja, Mankiw), Online forums like Economics Stack Exchange
Career Connection
Essential for any role in economics; builds analytical rigor for research and policy analysis, forming the bedrock for advanced studies and professional application.
Hone Quantitative and Statistical Skills- (Semester 1-2)
Focus heavily on Quantitative Methods and Econometrics. Practice problem-solving using real-world datasets and seek extra guidance for statistical software like R or EViews (if introduced in coursework).
Tools & Resources
Swayam courses for Econometrics, Tutorials for R/Python (for data handling), Statistical exercise books
Career Connection
Crucial for data analyst, research associate, and financial modeling roles, where quantitative proficiency is a key differentiator in the Indian job market.
Engage with Indian Economic Policy Discussions- (Semester 1-2)
Beyond textbooks, actively read leading economic newspapers (e.g., Economic Times, Business Standard), follow government policy announcements (e.g., Union Budget analysis), and participate in local economic debates or seminars.
Tools & Resources
The Economic Times, Livemint, PRS Legislative Research, NITI Aayog publications
Career Connection
Develops contextual awareness vital for policy analysis, civil services examinations, and economic journalism, enhancing your understanding of India''''s unique economic challenges.
Intermediate Stage
Strategic Elective Choice and Deep Dive- (Semester 3)
In Semester 3, strategically choose elective subjects (e.g., Industrial, Agricultural, Environmental, or Labour Economics) aligning with your long-term career goals. Actively seek advanced readings and apply theoretical concepts to real-world Indian scenarios.
Tools & Resources
Industry-specific reports (e.g., FICCI, CII), Specialized economic journals, Government policy documents on specific sectors
Career Connection
Builds a niche skill set and demonstrates focused interest, making you more competitive for specialized roles in relevant sectors within India.
Initiate Research Projects and Surveys- (Semester 3)
Begin working on small-scale research projects, possibly related to your chosen electives, involving primary or secondary data collection. This is an opportune time to collaborate with faculty or peers on a survey or case study.
Tools & Resources
Google Scholar, JSTOR, Survey tools (Google Forms, SurveyMonkey), Basic statistical analysis software (Excel, R)
Career Connection
Develops research acumen essential for your upcoming dissertation, academic pursuits, or policy-oriented roles, providing hands-on analytical experience.
Network with Alumni and Professionals- (Semester 3)
Actively participate in college-organized alumni meets, workshops, and industry interaction sessions. Utilize platforms like LinkedIn to connect with professionals and economists in your areas of interest to gain insights.
Tools & Resources
LinkedIn, College alumni network, Career fair events and industry webinars
Career Connection
Opens doors to internship opportunities, mentorship, and a clearer understanding of various career paths and industry demands within the Indian economic landscape.
Advanced Stage
Exemplary Dissertation/Project Execution- (Semester 4)
Dedicate significant effort to your Semester 4 Dissertation/Project. Choose a relevant and impactful topic, conduct thorough research, apply appropriate methodologies, and ensure a high-quality written thesis and presentation. This is your capstone work.
Tools & Resources
Academic advisors, University library resources and databases, Plagiarism checkers, Professional presentation software
Career Connection
A strong dissertation showcases advanced analytical capabilities, independent research skills, and can be a significant talking point in job interviews and academic applications.
Intensive Placement Preparation- (Semester 4)
Focus on intensive interview preparation, resume building tailored to economic roles, and mock interviews for various positions (e.g., economic analyst, data scientist, research associate). Understand common interview questions for economics graduates in India.
Tools & Resources
College placement cell services, Online interview practice platforms, Career counseling services, Company-specific preparation guides
Career Connection
Directly impacts job placement success, equipping you with the confidence and skills to secure desirable positions in diverse economic and analytical fields.
Pursue Advanced Certifications/Skills- (Semester 4)
Consider pursuing short-term certifications or advanced skills in areas like data science (Python/R for machine learning), financial modeling, or specific industry analytics tools, if relevant to your target career path.
Tools & Resources
Coursera, edX, NPTEL for advanced courses, Specialized financial modeling institutes, Certifications in statistical software
Career Connection
Enhances marketability and provides a competitive edge in a specialized job market, making you a more versatile and sought-after professional.
Program Structure and Curriculum
Eligibility:
- Bachelor''''s degree in Economics or a related discipline from a recognized university, as per Chhatrapati Shahu Ji Maharaj University (CSJMU) norms.
Duration: 2 years (4 semesters)
Credits: 116 Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MAEC 101 | Micro Economic Analysis | Core | 6 | Consumer Behavior, Theory of Production and Costs, Market Structures, Factor Pricing, Welfare Economics |
| MAEC 102 | Macro Economic Analysis | Core | 6 | National Income Accounting, Theories of Consumption and Investment, Money, Inflation and Unemployment, IS-LM Model, Business Cycles |
| MAEC 103 | Quantitative Methods for Economic Analysis | Core | 6 | Differential and Integral Calculus, Matrix Algebra, Probability and Probability Distributions, Hypothesis Testing, Introduction to Game Theory |
| MAEC 104 | Indian Economic Policy | Core | 6 | Features of Indian Economy, Agriculture and Rural Development, Industrial Policy and Development, Poverty, Inequality and Unemployment, External Sector and Reforms |
| MAEC OE 101/102 | Open Elective I (e.g., Economics of Environment / Basic Financial Economics) | Elective | 4 | Environmental Problems, Valuation of Environmental Resources, Financial Markets and Institutions, Financial Instruments, Risk and Return |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MAEC 201 | Public Economics | Core | 6 | Role of Government in the Economy, Public Goods and Externalities, Public Expenditure and Revenue, Public Debt and Budgeting, Fiscal Policy |
| MAEC 202 | Development Economics | Core | 6 | Theories of Economic Development, Poverty, Inequality and Human Development, Population and Human Capital, Role of Agriculture and Industry in Development, Economic Planning |
| MAEC 203 | Econometrics | Core | 6 | Classical Linear Regression Model (CLRM), Problems in CLRM (Multicollinearity, Heteroscedasticity, Autocorrelation), Dummy Variables, Time Series Econometrics, Simultaneous Equation Models |
| MAEC 204 | International Economics | Core | 6 | Theories of International Trade, Terms of Trade and Trade Policy, Balance of Payments, Exchange Rate Regimes, International Economic Organizations |
| MAEC OE 201/202 | Open Elective II (e.g., Computer Applications in Economics / Basic Econometrics) | Elective | 4 | MS-Excel for Economic Analysis, Introduction to Statistical Packages (e.g., SPSS/Stata), Data Visualization, Simple and Multiple Regression, Hypothesis Testing |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MAEC 301 | Economics of Growth | Core | 6 | Theories of Economic Growth (Harrod-Domar, Solow), Endogenous Growth Models, Technological Progress, Role of Human Capital, Poverty and Growth |
| MAEC 302 | History of Economic Thought | Core | 6 | Mercantilism and Physiocracy, Classical School (Smith, Ricardo, Malthus), Marxian Economics, Neoclassical Economics, Keynesian Revolution and Post-Keynesian Thought |
| MAEC E1 303 | Industrial Economics (Elective Group I Option) | Elective | 6 | Industrial Organization Theories, Market Structure and Performance, Industrial Location, Industrial Finance, Industrial Policies in India |
| MAEC E4 304 | Labour Economics (Elective Group II Option) | Elective | 6 | Labour Market Theories, Wage Determination, Employment and Unemployment, Trade Unions and Collective Bargaining, Labour Welfare and Social Security |
| MAEC OE 301/302 | Open Elective III (e.g., Demography / Economics of Tourism) | Elective | 4 | Population Growth and Structure, Fertility, Mortality and Migration, Tourism Demand and Supply, Economic Impact of Tourism, Sustainable Tourism |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MAEC 401 | Financial Institutions and Markets | Core | 6 | Money Market and Capital Market, Banking Structure and Reforms, Role of Reserve Bank of India, SEBI and Stock Exchanges, Financial Sector Reforms in India |
| MAEC 402 | Research Methodology and Computer Applications | Core | 6 | Research Design and Problem Formulation, Data Collection Methods (Primary & Secondary), Sampling Techniques, Hypothesis Testing and Interpretation, Report Writing and Presentation using Software |
| MAEC E7 403 | Rural Economics (Elective Group III Option) | Elective | 6 | Rural Development Concepts, Rural Poverty and Employment Programs, Rural Infrastructure, Microfinance and Self-Help Groups, Agricultural Marketing and Credit |
| MAEC 404 | Dissertation/Project | Core | 8 | Research Topic Selection, Literature Review, Data Analysis and Interpretation, Thesis Writing and Formatting, Viva-Voce Examination |
| MAEC OE 401/402 | Open Elective IV (e.g., Regional Economics / Welfare Economics) | Elective | 4 | Theories of Regional Development, Regional Disparities and Planning, Concepts of Welfare, Social Welfare Functions, Market Failures and Government Intervention |
