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B-A in Economics at SRI BALAJI MAHARAJ MAHAVIDYALAYA, PAHUNTERA
Hardoi, Uttar Pradesh
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About the Specialization
What is Economics at SRI BALAJI MAHARAJ MAHAVIDYALAYA, PAHUNTERA Hardoi?
This Economics program at SRI BALAJI MAHARAJ MAHAVIDYALAYA, affiliated with CSJMU, focuses on understanding economic principles relevant to India''''s developing economy. Students delve into microeconomic and macroeconomic theories, public finance, and Indian economic challenges, preparing them for analytical roles in a dynamic market environment.
Who Should Apply?
This program is ideal for fresh graduates with a keen interest in economic systems, policy analysis, and financial markets. It suits individuals aspiring to careers in government, banking, or research. Professionals seeking to grasp India''''s economic landscape or upskill in analytical methods will also find this curriculum beneficial.
Why Choose This Course?
Graduates can expect diverse career paths in India, including roles as economic analysts, statisticians, banking professionals, or civil servants. Entry-level salaries typically range from INR 2.5 Lakhs to 4 Lakhs annually, with significant growth potential in financial services, policy research, and corporate strategy roles in Indian companies.
Student Success Practices
Foundation Stage
Build Strong Foundational Economic Concepts- (Semester 1-2)
Focus on thoroughly understanding core micro and macroeconomics. Use textbooks, supplementary readings, and online tutorials to clarify concepts. Participate actively in class discussions to solidify learning and connect theory to practical examples.
Tools & Resources
NPTEL courses on introductory economics, NCERT Economics textbooks, Online platforms like MRU University Economics YouTube channel
Career Connection
A solid foundation is crucial for advanced economic studies, competitive examinations like UPSC or SSC, and entry-level analyst roles where conceptual clarity is paramount.
Develop Quantitative and Analytical Skills- (Semester 1-2)
Engage with economic problems involving data interpretation and basic statistical analysis. Practice numerical examples from textbooks and online resources regularly. Seek help from faculty or peers for quantitative subjects and problem-solving.
Tools & Resources
Khan Academy for math refreshers, Basic statistical software (e.g., MS Excel), Problem sets from standard economics textbooks
Career Connection
These skills are fundamental for data analysis, market research, and understanding economic models, which are in high demand across various Indian industries and research roles.
Engage with Current Economic Affairs in India- (Semester 1-2)
Regularly read reputable Indian financial newspapers and economic magazines. Follow economic news and policy debates relevant to India. Discuss these with peers and faculty to connect theoretical learning with real-world scenarios and policy implications.
Tools & Resources
The Economic Times, Business Standard, Livemint, RBI publications, NITI Aayog reports
Career Connection
Develops awareness of India''''s economic challenges and opportunities, essential for roles in policy analysis, economic journalism, and public administration services.
Intermediate Stage
Pursue Certifications in Data Analysis or Financial Literacy- (Semester 3-5)
Beyond the curriculum, acquire practical, in-demand skills in data tools or financial market basics through online certifications. This adds a tangible skill set highly valued in the Indian job market for various roles.
Tools & Resources
NISM certifications (National Institute of Securities Markets), Free online courses on Python/R for data analysis (e.g., Coursera, Udemy, Google Data Analytics Professional Certificate)
Career Connection
Directly enhances employability for roles in finance, market research, business analytics, and other data-driven organizations in India.
Undertake Short-Term Internships or Projects- (Semester 3-5)
Seek internships at local NGOs, small businesses, or research institutions to apply economic theories in a practical setting. If internships are scarce, complete a faculty-guided research project focusing on a local economic issue.
Tools & Resources
Local Chamber of Commerce, University career cell (if available), Faculty connections for project guidance
Career Connection
Provides valuable practical experience, builds a professional network, and strengthens the CV for future placements and higher studies.
Participate in Economic Debates and Quizzes- (Semester 3-5)
Join or initiate economic societies and participate in inter-college debates, essay competitions, or quizzes. This improves communication, critical thinking, and the ability to articulate economic arguments clearly and persuasively.
Tools & Resources
College cultural/academic clubs, Online platforms for quizzes, Intra-college and inter-college events
Career Connection
Enhances soft skills crucial for group discussions, job interviews, and leadership roles in any professional setting, and competitive exams.
Advanced Stage
Prepare for Higher Education or Competitive Exams- (Semester 5-6)
For those aiming for M.A. Economics, begin preparing for university entrance exams (e.g., DSE, JNU, IGIDR). For civil services, dedicate time to general studies and economics optional papers as per syllabus.
Tools & Resources
Specific coaching institutes, Past year papers for target exams, Online study groups and university career counseling for guidance
Career Connection
Provides a direct pathway to advanced academic qualifications, prestigious government positions (IAS, IPS, RBI Grade B), or a career in economic research.
Develop a Specialised Research Project or Dissertation- (Semester 6)
Undertake a significant research project or dissertation in a chosen area of economics (e.g., Indian agricultural economics, financial market analysis, rural development). This demonstrates in-depth knowledge and research capabilities to potential employers.
Tools & Resources
University library resources, Statistical software (Stata, SPSS, R, EViews), Academic journals (Economic and Political Weekly, Indian Journal of Economics)
Career Connection
Essential for academic and research roles, and highly valued for demonstrating analytical rigor and independent work in any professional context.
Network with Alumni and Industry Professionals- (Semester 6)
Leverage university alumni networks and professional platforms like LinkedIn to connect with economists, bankers, and policy makers. Attend webinars or workshops to gain insights into industry trends and career opportunities.
Tools & Resources
LinkedIn, University alumni portal, Industry-specific virtual conferences, Guest lectures and seminars
Career Connection
Opens doors for mentorship, internships, and direct placement opportunities, providing a crucial advantage in the competitive job market and career progression.
Program Structure and Curriculum
Eligibility:
- 10+2 in any stream (General eligibility for B.A. programs in Uttar Pradesh state universities)
Duration: 3 years (6 semesters)
Credits: 132 Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO 101 | Principles of Microeconomics | Major Core | 6 | Introduction to Economics, Demand and Supply Analysis, Consumer Behavior Theories, Production and Cost Analysis, Market Structures and Pricing |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO 102 | Principles of Macroeconomics | Major Core | 6 | National Income Accounting, Classical and Keynesian Theories of Employment, Inflation and Deflation, Money, Banking and Monetary Policy, Open Economy Macroeconomics |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO 201 | Money, Banking and Public Finance | Major Core | 6 | Role and Functions of Money, Commercial and Central Banking, Monetary Policy Instruments, Public Revenue and Expenditure, Fiscal Policy and Budgeting |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO 202 | Indian Economy | Major Core | 6 | Features of Indian Economy, Economic Planning in India, Agricultural Sector Issues, Industrial Sector Development, Economic Reforms and Policy Changes |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO 301A | Development Economics | Major Elective (Choose 2 out of 3 major electives) | 6 | Theories of Economic Development, Human Capital and Economic Growth, Poverty, Inequality and Malnutrition, Role of State in Development, Sustainable Development Goals |
| ECO 301B | International Economics | Major Elective (Choose 2 out of 3 major electives) | 6 | Theories of International Trade, Terms of Trade and Trade Barriers, Balance of Payments, Foreign Exchange Markets, International Economic Organizations |
| ECO 301C | Environmental Economics | Major Elective (Choose 2 out of 3 major electives) | 6 | Environment and Economy Interdependence, Market Failure and Externalities, Valuation of Environmental Goods, Environmental Policy Instruments, Climate Change Economics |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO 302A | Introduction to Econometrics | Major Elective (Choose 2 out of 3 major electives) | 6 | Econometric Methodology, Simple and Multiple Regression Analysis, Classical Linear Regression Model Assumptions, Hypothesis Testing and Interval Estimation, Problems in Regression Analysis (Multicollinearity, Heteroscedasticity) |
| ECO 302B | Economic Statistics | Major Elective (Choose 2 out of 3 major electives) | 6 | Sources and Collection of Data, Measures of Central Tendency, Measures of Dispersion, Correlation and Regression Analysis, Index Numbers and Time Series Analysis |
| ECO 302C | Mathematical Methods for Economics | Major Elective (Choose 2 out of 3 major electives) | 6 | Functions, Limits and Continuity, Differentiation and Applications in Economics, Optimization Techniques, Integration and its Economic Applications, Matrix Algebra and Input-Output Analysis |
| PROJ 301 | Research Project / Dissertation OR Major Project | Project/Dissertation | 6 | Research Problem Identification, Literature Review and Hypothesis Formulation, Data Collection and Methodology, Data Analysis and Interpretation, Report Writing and Presentation |
