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BA in Economics at SRI BABU SINGH DEGREE COLLEGE, NAWABGANJ, FARRUKHABAD
Farrukhabad, Uttar Pradesh
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About the Specialization
What is Economics at SRI BABU SINGH DEGREE COLLEGE, NAWABGANJ, FARRUKHABAD Farrukhabad?
This Economics program at SRI BABU SINGH DEGREE COLLEGE focuses on providing a robust foundation in economic theories, analytical tools, and their application to real-world scenarios. In the Indian context, understanding economic principles is crucial for policy-making, market analysis, and addressing societal challenges. The program differentiates itself by integrating core economic principles with quantitative techniques, preparing students for diverse roles in India''''s growing economy.
Who Should Apply?
This program is ideal for fresh graduates with a 10+2 background who possess a keen interest in understanding market dynamics, government policies, and global economic trends. It also caters to individuals aspiring for careers in public service, research, financial analysis, or further studies in economics, finance, or business administration within India. A basic aptitude for logical reasoning and data interpretation is beneficial.
Why Choose This Course?
Graduates of this program can expect to pursue various career paths in India, including roles as economic analysts, data researchers, financial advisors, or policy assistants in government organizations, private banks, and research institutions. Entry-level salaries typically range from INR 2.5 LPA to 4.5 LPA, with significant growth potential up to INR 8-15 LPA with experience. The program provides a strong base for competitive exams like UPSC, RBI Grade B, and other civil service roles.
Student Success Practices
Foundation Stage
Master Core Micro and Macro Concepts- (Semester 1-2)
Focus on building a strong conceptual understanding of microeconomics (demand-supply, consumer behavior) and macroeconomics (national income, inflation). Utilize textbooks, university resources, and online platforms like NPTEL (National Programme on Technology Enhanced Learning) for conceptual clarity.
Tools & Resources
NCERT Economics textbooks (Class 11 & 12), Mankiw''''s Principles of Economics, NPTEL/SWAYAM online courses, Peer study groups
Career Connection
A solid foundation is crucial for cracking competitive exams (UPSC, RBI) and excelling in higher studies (MA Economics, MBA).
Develop Foundational Quantitative Skills- (Semester 1-2)
Pay close attention to the practical components in Microeconomics and Macroeconomics, focusing on basic statistics like measures of central tendency, dispersion, correlation, and regression. Practice using Excel for data tabulation and visualization.
Tools & Resources
Microsoft Excel, NCERT Statistics for Economics, Online tutorials for basic statistical software
Career Connection
These skills are highly valued in entry-level analyst roles, helping in data interpretation and report generation.
Engage with Economic News and Policies- (Semester 1-2)
Cultivate a habit of reading national financial newspapers (e.g., The Economic Times, Business Standard) and reputable economic journals. Discuss current economic events and government policies (e.g., Budget, RBI monetary policy) with peers and faculty.
Tools & Resources
Leading Indian financial newspapers, RBI website, NITI Aayog publications, Economic blogs
Career Connection
Enhances general awareness for competitive exams, interview preparation, and understanding the practical relevance of theoretical concepts in the Indian context.
Intermediate Stage
Deep Dive into Indian Economic Context- (Semester 3-4)
Focus intensively on Indian Economy and related subjects. Analyze economic reforms, sectoral performance (agriculture, industry, services), and socio-economic challenges like poverty and unemployment in India. Prepare short research papers or presentations on specific Indian economic issues.
Tools & Resources
Economic Survey of India, Union Budget documents, R. Dutt & K.P.M. Sundharam''''s Indian Economy, Yojana & Kurukshetra magazines
Career Connection
Essential for roles in government planning bodies, public sector banks, and policy research, particularly for those aspiring to civil services.
Enhance Statistical and Analytical Software Proficiency- (Semester 3-4)
Actively participate in practical sessions involving sampling, hypothesis testing, and introduction to statistical software mentioned in the syllabus (e.g., SPSS, R, or advanced Excel). Undertake small data projects to apply these tools to economic datasets.
Tools & Resources
SPSS/R/Python (for basic data analysis), Datasets from government sources (e.g., NSSO, MOSPI), Online data science courses
Career Connection
Makes students highly competitive for data analyst, research assistant, and business intelligence roles across various sectors in India.
Explore Specialization and Industry Projects- (Semester 5)
For Semester 5 electives like Development Economics, International Economics, or Econometrics, delve deeper through case studies and mini-projects. Seek out local internships (even unpaid) at NGOs, small businesses, or research centers to apply theoretical knowledge to practical problems.
Tools & Resources
Academic journals, Economic reports from World Bank/IMF (Indian context), Local industry associations, College career cell
Career Connection
Helps in identifying specific career interests, building a professional network, and gaining practical experience valued by Indian employers.
Advanced Stage
Undertake a Comprehensive Research Project- (Semester 6)
Utilize all learned theoretical and quantitative skills to undertake a significant research project or dissertation in an area of interest, ideally focusing on an Indian economic issue. This project should involve data collection, analysis, and presentation.
Tools & Resources
Scholarly databases (JSTOR, Google Scholar), Statistical software (R, Python, Stata), Research methodology guides
Career Connection
Demonstrates advanced analytical and research capabilities, critical for roles in economic consulting, research institutions, and academic pursuits.
Intensive Placement and Competitive Exam Preparation- (Semester 6)
Dedicate time for mock interviews, group discussions, and aptitude test preparation for campus placements and target competitive exams (e.g., UPSC Economics optional, RBI Grade B, IES). Focus on current affairs, economic reasoning, and communication skills.
Tools & Resources
Online test series, Interview preparation guides, Career counseling services, Alumni network
Career Connection
Directly prepares students for securing jobs in government, PSU, private sector, and clearing prestigious competitive examinations.
Network and Professional Development- (Semester 6)
Attend webinars, seminars, and workshops by economists, industry leaders, and university alumni. Build professional connections through platforms like LinkedIn. Consider pursuing short-term certifications in specialized areas like financial modeling or data analytics to enhance employability.
Tools & Resources
LinkedIn, Industry association events, Professional networking apps, Online certification platforms (e.g., Coursera, NPTEL)
Career Connection
Opens doors to mentorship, hidden job opportunities, and staying updated with industry trends, crucial for long-term career growth in India.
Program Structure and Curriculum
Eligibility:
- Intermediate (10+2) pass from a recognized board
Duration: 3 years / 6 semesters
Credits: Credits not specified
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A030101T | Microeconomics | Major (Theory) | 4 | Nature and Scope of Economics, Demand and Supply Analysis, Consumer Behavior Theories, Theory of Production, Cost and Revenue Analysis |
| A030101P | Microeconomics Practical | Major (Practical) | 2 | Basic Statistical Tools, Tabulation, Diagrams, Graphs, Measures of Central Tendency, Measures of Dispersion, Introduction to MS Excel for Data |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A030201T | Macroeconomics | Major (Theory) | 4 | National Income Accounting, Theories of Employment and Income, Consumption and Investment Functions, Money, Banking and Monetary Policy, Inflation and Business Cycles |
| A030201P | Macroeconomics Practical | Major (Practical) | 2 | Correlation and Regression Analysis, Index Numbers Construction, Time Series Analysis Basics, Interpretation of Economic Data, Introduction to SPSS/R |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A030301T | Money, Banking and Public Finance | Major (Theory) | 4 | Role of Money and its Functions, Commercial and Central Banking, Monetary Policy Instruments, Public Revenue and Expenditure, Fiscal Policy and Budget |
| A030301P | Money, Banking and Public Finance Practical | Major (Practical) | 2 | Sampling Methods, Hypothesis Testing (t-test, Chi-square), Analysis of Variance (ANOVA) Concepts, Economic Data Analysis Software, Government Budget Analysis |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A030401T | Indian Economy | Major (Theory) | 4 | Characteristics of Indian Economy, Economic Planning in India, Agricultural Sector Issues, Industrial Sector Development, Poverty, Unemployment, and Inequality |
| A030401P | Indian Economy Practical | Major (Practical) | 2 | Data Analysis with SPSS/R/Excel, Interpretation of Economic Indicators, Economic Survey Data Analysis, Project on Indian Economic Issues, Report Writing on Economic Trends |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A030501T | Development Economics | Major (Theory) | 4 | Economic Development and Growth, Theories of Underdevelopment, Poverty and Inequality Measurement, Population and Human Capital, Development Planning and Policies |
| A030502T | International Economics | Major (Theory) | 4 | Theories of International Trade, Terms of Trade and Trade Policy, Balance of Payments Structure, Exchange Rate Regimes, International Economic Institutions |
| A030501P | Major Paper Practical V/VI | Major (Practical) | 2 | Case Studies in Development Economics, Analysis of International Trade Data, Project on Global Economic Issues, Policy Impact Assessment, Research Methodology Application |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A030601T | Indian Economic Policy | Major (Theory) | 4 | Economic Reforms in India, Industrial and Agricultural Policies, Fiscal and Monetary Policy in India, Social Sector Development, Regional Disparities and Planning |
| A030602T | Quantitative Economics | Major (Theory) | 4 | Optimization Techniques in Economics, Game Theory Introduction, Input-Output Analysis, Linear Programming for Economic Problems, Econometric Modeling Basics |
| A030601P | Major Paper Practical VII/VIII | Major (Practical) | 2 | Advanced Data Analysis Projects, Economic Forecasting Techniques, Policy Evaluation using Quantitative Methods, Simulation and Modeling, Dissertation/Research Paper |
