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B-A-ECONOMICS in Economics at Sree Vidyadhi Raja N.S.S. College, Vazhoor
Kottayam, Kerala
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About the Specialization
What is Economics at Sree Vidyadhi Raja N.S.S. College, Vazhoor Kottayam?
This B.A. Economics program at Sree Vidyadhi Raja N.S.S. College focuses on providing a comprehensive understanding of economic principles, theories, and their practical application. It delves into both micro and macro aspects, quantitative methods, and specialized areas like Indian Economy, Development, Public Finance, and International Economics. The program is designed to equip students with analytical and critical thinking skills essential for navigating the dynamic economic landscape of India, preparing them for diverse roles in policy, research, and business.
Who Should Apply?
This program is ideal for high school graduates with a keen interest in understanding societal and market dynamics, eager to develop strong analytical and problem-solving abilities. It caters to those aspiring for careers in economic research, public policy, financial services, or journalism. Students with a foundational understanding of mathematics and a desire to contribute to India''''s economic growth will find this program particularly rewarding, providing a solid academic bedrock.
Why Choose This Course?
Graduates of this program can expect to pursue various India-specific career paths, including roles as economic analysts, data scientists, policy researchers, financial advisors, or business consultants. Entry-level salaries typically range from INR 3-6 lakhs per annum, with significant growth trajectories in government agencies, think tanks, banks, and corporate sector. The program also serves as an excellent foundation for pursuing post-graduate studies in Economics, Management, or Public Administration in leading Indian and global institutions.
Student Success Practices
Foundation Stage
Build Strong Analytical Foundations- (Semester 1-2)
Focus on thoroughly understanding core micro and macro economic concepts. Actively participate in tutorials, solve end-of-chapter problems, and refer to multiple textbooks beyond the prescribed one to grasp diverse perspectives. Join study groups to discuss complex theories and clarify doubts.
Tools & Resources
NPTEL courses on introductory economics, Khan Academy, M.G. University library resources, Peer study groups
Career Connection
A solid theoretical base is crucial for advanced economic analysis and decision-making roles in both public and private sectors in India.
Develop Quantitative Aptitude Early- (Semester 1-2)
Start building basic mathematical and statistical skills relevant to economics, even before formal quantitative methods courses begin. Practice percentages, ratios, basic algebra, and data interpretation from news articles and economic reports. Engage with economic data from sources like the RBI, NSSO, and CSO.
Tools & Resources
NCERT Mathematics (Class XI-XII), Online quizzes for quantitative aptitude, Basic Excel for data organization, data.gov.in (for Indian economic data)
Career Connection
Strong quantitative skills are highly valued for roles in financial analysis, market research, and data-driven policy analysis in Indian companies.
Cultivate Effective Communication Skills- (Semester 1-2)
Actively work on improving both written and oral communication. Participate in debates, present case studies in class, and practice writing clear, concise economic arguments. Utilize the common English language courses to refine academic writing and presentation abilities, crucial for conveying complex economic ideas.
Tools & Resources
University language labs, Online writing resources (e.g., Grammarly), College literary/debating clubs
Career Connection
Essential for policy formulation, presenting research findings, client interaction, and effective collaboration in any professional setting across India.
Intermediate Stage
Engage with Real-World Economic Data and Policies- (Semester 3-5)
Apply theoretical knowledge to analyze current Indian economic events and government policies. Read economic newspapers (e.g., The Economic Times, Business Standard), track budget announcements, and discuss their implications. Work on small data projects using publicly available datasets.
Tools & Resources
CMIE, RBI publications, Union Budget documents, NITI Aayog reports, Basic statistical software (R/Python for beginners)
Career Connection
Develops practical insights crucial for roles in policy analysis, economic journalism, and market research firms in India.
Explore Specializations through Electives and Workshops- (Semester 3-5)
Pay close attention to optional courses and actively seek out workshops or seminars on specific areas of economics that align with career interests (e.g., econometrics, development economics, environmental economics). This stage is for identifying potential career paths and building foundational knowledge in those areas.
Tools & Resources
Departmental notices, MGU-affiliated workshops, Online courses from edX/Coursera (e.g., Data Science for Economics), Guest lectures by industry experts
Career Connection
Helps in narrowing down career focus and acquiring specific skills for niche roles in specialized economic fields relevant to Indian industries.
Build a Professional Network- (Semester 3-5)
Start attending economics conferences, seminars, and alumni meet-ups. Connect with professors, senior students, and professionals in the field. Actively use platforms like LinkedIn to follow economists and institutions, gradually building a professional presence and understanding industry trends in India.
Tools & Resources
LinkedIn, Professional association events (e.g., Indian Economic Association student chapters if available), College alumni network, Career fairs
Career Connection
Networking opens doors to internship opportunities, mentorship, and future job prospects, especially in a tight-knit Indian professional landscape.
Advanced Stage
Undertake a Comprehensive Research Project- (Semester 6)
Leverage the mandatory project in Semester 6 to delve deep into a specific economic problem relevant to India. This involves rigorous literature review, data collection (primary or secondary), application of economic tools, and a well-structured research report. Seek continuous guidance from faculty mentors.
Tools & Resources
Statistical software (Stata, SPSS, R, Python), Academic databases (JSTOR, Google Scholar), MGU library resources, Research methodology guides
Career Connection
This showcases research aptitude, critical thinking, and data analysis skills highly valued for roles in research, policy formulation, and higher academic pursuits in India.
Intensive Placement Preparation and Skill Refinement- (Semester 6)
Focus on honing interview skills, resume building, and preparing for aptitude tests. Attend mock interviews, participate in group discussions, and work on case studies. Review all core economic concepts and their applications, especially for public sector entrance exams and competitive private sector interviews in India.
Tools & Resources
College placement cell, Online aptitude test platforms, Interview preparation guides, Current affairs knowledge for economic discussions, Company-specific preparation materials
Career Connection
Directly impacts success in securing desired entry-level positions in consulting, banking, government, and research organizations in India.
Develop Sector-Specific Knowledge and Certifications- (Semester 6)
For students aiming at specific sectors (e.g., finance, data analytics), consider pursuing short-term online certifications or workshops that add specialized skills. For instance, basic financial modeling, econometrics software training, or data visualization tools can significantly enhance employability in competitive Indian markets.
Tools & Resources
NISM certifications (for finance), Coursera/edX courses on specific software/topics, Industry-recognized short courses (e.g., advanced Excel for finance)
Career Connection
Provides a competitive edge and demonstrates a proactive approach to skill development, directly aligning with employer demands in specific economic sectors in India.
Program Structure and Curriculum
Eligibility:
- Passed Plus Two / 12th Standard examination or equivalent examination recognized by Mahatma Gandhi University.
Duration: 6 Semesters
Credits: 120 Credits
Assessment: Internal: 20%, External: 80%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EN1CC01 | Common Course I - English | Common | 4 | Academic English, Literary Forms, Communication Skills, Grammar, Essay Writing |
| XX1CC01 | Common Course II - Additional Language (e.g., Malayalam, Hindi) | Common | 4 | Language Fundamentals, Prose and Poetry, Translation, Cultural Context |
| EC1CRT01 | Core Course I - Microeconomics I | Core | 4 | Basic Economic Problems, Demand and Supply, Consumer Behaviour, Production and Costs, Market Structures |
| CM1 I | Complementary Course I (College Choice) | Complementary | 3 | Specific subjects and topics determined by college from MGU approved list. |
| CM1 II | Complementary Course II (College Choice) | Complementary | 3 | Specific subjects and topics determined by college from MGU approved list. |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EN2CC02 | Common Course III - English | Common | 4 | Reading Comprehension, Literary Analysis, Critical Thinking, Argumentative Writing |
| XX2CC02 | Common Course IV - Additional Language (e.g., Malayalam, Hindi) | Common | 4 | Advanced Grammar, Literary Criticism, Translation Practice, Cultural Studies |
| EC2CRT02 | Core Course II - Macroeconomics I | Core | 4 | National Income Accounting, Classical and Keynesian Theories, Money and Banking, Inflation and Unemployment |
| CM2 I | Complementary Course I (College Choice) | Complementary | 3 | Specific subjects and topics determined by college from MGU approved list. |
| CM2 II | Complementary Course II (College Choice) | Complementary | 3 | Specific subjects and topics determined by college from MGU approved list. |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EN3CC03 | Common Course V - English | Common | 4 | Research Methodology, Academic Writing, Presentation Skills, Discourse Analysis |
| EC3CRT03 | Core Course III - Microeconomics II | Core | 4 | Imperfect Markets, Pricing Strategies, Factor Pricing, Welfare Economics, General Equilibrium |
| EC3CRT04 | Core Course IV - Quantitative Methods for Economic Analysis I | Core | 4 | Basic Mathematics, Set Theory, Functions, Differentiation, Integration, Matrix Algebra |
| CM3 I | Complementary Course I (College Choice) | Complementary | 3 | Specific subjects and topics determined by college from MGU approved list. |
| CM3 II | Complementary Course II (College Choice) | Complementary | 3 | Specific subjects and topics determined by college from MGU approved list. |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EN4CC04 | Common Course VI - English | Common | 4 | Professional Communication, Technical Writing, Interview Skills, Group Discussion |
| EC4CRT05 | Core Course V - Macroeconomics II | Core | 4 | Theories of Consumption and Investment, Monetary and Fiscal Policies, IS-LM Model, Business Cycles |
| EC4CRT06 | Core Course VI - Quantitative Methods for Economic Analysis II | Core | 4 | Statistics for Economics, Measures of Central Tendency, Dispersion, Correlation, Regression, Probability |
| CM4 I | Complementary Course I (College Choice) | Complementary | 3 | Specific subjects and topics determined by college from MGU approved list. |
| CM4 II | Complementary Course II (College Choice) | Complementary | 3 | Specific subjects and topics determined by college from MGU approved list. |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC5CRT07 | Core Course VII - Indian Economy I | Core | 4 | Structure of Indian Economy, Economic Planning, Agriculture Sector, Industrial Policy, Poverty and Inequality |
| EC5CRT08 | Core Course VIII - Development Economics | Core | 4 | Theories of Economic Growth, Underdevelopment, Development Planning, Population and Human Capital, Sustainable Development |
| EC5CRT09 | Core Course IX - Environmental Economics | Core | 4 | Environment and Economy, Market Failure, Environmental Policies, Climate Change, Resource Management |
| EC5CRT10 | Core Course X - Public Finance | Core | 4 | Role of Government, Public Expenditure, Taxation, Public Debt, Fiscal Federalism in India |
| EC5OCT01 | Open Course I - (Department Offering, e.g., Human Rights, Disaster Management, General Informatics) | Open | 3 | Specific to the chosen open course, determined by offering department. |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC6CRT11 | Core Course XI - Indian Economy II | Core | 4 | External Sector, Foreign Trade, FDI, Economic Reforms, Financial Sector, Service Sector |
| EC6CRT12 | Core Course XII - International Economics | Core | 4 | Theories of International Trade, Terms of Trade, Trade Barriers, Balance of Payments, Exchange Rates, International Economic Organizations |
| EC6CRT13 | Core Course XIII - Economics of Financial Markets | Core | 4 | Financial System, Money Market, Capital Market, Financial Instruments, Role of RBI, Financial Innovations |
| EC6CRT14 | Core Course XIV - Mathematical Economics | Core | 4 | Consumer Theory, Producer Theory, Market Equilibrium, Input-Output Analysis, Game Theory, Optimization |
| EC6PRC01 | Core Course XV - Project | Project | 4 | Research Methodology, Data Collection, Analysis, Report Writing, Presentation Skills |
| EC6VVC01 | Core Course XVI - Viva Voce | Core | 2 | Comprehensive understanding of Economics, Project Defense, General Awareness |
