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B-A-PROGRAMME in Economics at Sri Guru Nanak Dev Khalsa College
Delhi, Delhi
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About the Specialization
What is Economics at Sri Guru Nanak Dev Khalsa College Delhi?
This B.A. Programme with an Economics specialization at Sri Guru Nanak Dev Khalsa College, under the University of Delhi''''s UGCF framework, focuses on providing a comprehensive understanding of economic principles and their application. The program delves into both micro and macro aspects of economics, alongside a deep dive into the Indian economy. It is designed to equip students with analytical skills essential for understanding complex economic phenomena and policy formulation in the dynamic Indian and global markets.
Who Should Apply?
This program is ideal for fresh graduates from diverse academic backgrounds (typically 10+2 Arts, Commerce, or Science) who possess a keen interest in economic theories, public policy, and societal development. It caters to individuals aspiring for careers in public administration, economic research, financial services, or those planning to pursue higher studies in economics or allied fields.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as research analysts, data interpreters, policy assistants in government and NGOs, or junior economists in consultancies. Entry-level salaries typically range from INR 3-5 LPA, growing significantly with experience to INR 8-15+ LPA in established organizations. The strong foundational knowledge also prepares students for competitive exams like UPSC and RBI Grade B, and for postgraduate studies like M.A. Economics.
Student Success Practices
Foundation Stage
Master Economic Fundamentals Early- (Semester 1-2)
Dedicate consistent time to thoroughly grasp core micro and macro economic concepts taught in the initial semesters. Use textbooks, supplementary readings, and online resources to build a strong theoretical base. Form study groups to discuss complex topics and clarify doubts proactively.
Tools & Resources
NPTEL courses for Economics, MIT OpenCourseware, Mankiw''''s Principles of Economics, D.N. Dwivedi Micro/Macroeconomics textbooks
Career Connection
A solid foundation is crucial for excelling in advanced subjects and forms the bedrock for competitive exams and higher studies in economics.
Develop Quantitative and Analytical Skills- (Semester 1-2)
Actively participate in problem-solving sessions and tutorials for subjects involving mathematical and statistical applications. Practice regularly with numerical problems and utilize basic software like Excel for data handling. Consider taking extra online courses on basic statistics or data analysis.
Tools & Resources
Khan Academy for Statistics, Excel tutorials, NCERT Mathematics books (Class 11-12) for foundational math
Career Connection
These skills are highly valued in research, finance, and data-driven roles, improving employability in various economic sectors.
Engage in Economic Debates and Current Affairs- (Semester 1-2)
Regularly read economic newspapers (e.g., The Economic Times, Business Standard), magazines (e.g., India Today, Frontline''''s economic sections), and credible online sources (e.g., Livemint, The Hindu Business Line). Participate in college debates, seminars, and discussions on contemporary economic issues to enhance critical thinking.
Tools & Resources
The Economic Times, Livemint, The Hindu Business Line, RBI Annual Reports
Career Connection
Understanding current economic affairs is vital for interviews, competitive exams, and for identifying relevant career paths in policy and journalism.
Intermediate Stage
Apply Economic Concepts to Indian Context- (Semester 3-5)
Focus on how micro and macro principles manifest in the Indian economy. Analyze government policies, budgetary allocations, and sectoral performance. Conduct small research projects or case studies on Indian economic issues, utilizing data from NSO, RBI, and Ministry of Finance reports.
Tools & Resources
Reserve Bank of India website, National Statistical Office (NSO) data, Economic Survey of India, NITI Aayog reports
Career Connection
This deepens understanding of local market dynamics, highly beneficial for roles in Indian public sector, consultancies, and development agencies.
Seek Internships and Practical Exposure- (Semester 4-5)
Actively look for short-term internships during semester breaks with NGOs, research organizations, financial firms, or consulting agencies, even if unpaid initially. Practical exposure helps connect theoretical knowledge with real-world challenges and builds a professional network.
Tools & Resources
Internshala, LinkedIn, College placement cell, Networking with professors
Career Connection
Internships are crucial for gaining industry experience, enhancing resume, and often lead to pre-placement offers or valuable contacts.
Develop Advanced Data Skills- (Semester 3-5)
Beyond basic Excel, learn statistical software like R, Python (with libraries like Pandas, NumPy, Matplotlib), or Stata/EViews for econometric analysis. Practice data cleaning, manipulation, and visualization. Enroll in online certification courses to formalize these skills.
Tools & Resources
Coursera/edX for Data Science courses, DataCamp, Kaggle for practice datasets, Official documentation for R/Python libraries
Career Connection
Proficiency in data analysis and econometrics is a high-demand skill for roles in data analytics, economic modeling, and financial research.
Advanced Stage
Specialized Skill Development and Research- (Semester 6-8)
Choose Discipline Specific Electives that align with your career interests (e.g., Public Finance for policy, Econometrics for research). Work on a research project or dissertation in a chosen area of economics, collaborating with faculty members for mentorship. Aim to publish a working paper or present at a student conference.
Tools & Resources
JSTOR, Google Scholar, ResearchGate, EndNote/Zotero for citation management
Career Connection
Specialized knowledge and research experience are critical for entry into advanced research roles, academia, and highly competitive analytical positions.
Intensive Placement and Competitive Exam Preparation- (Semester 6-8)
Engage in rigorous preparation for placements by refining your resume, practicing mock interviews (both technical and HR), and participating in group discussions. For competitive exams, create a structured study plan, join coaching classes if necessary, and solve previous year''''s papers diligently.
Tools & Resources
Placement cell workshops, Mock interview platforms, Online test series for UPSC/RBI/SSC, Company-specific interview guides
Career Connection
Directly enhances chances of securing desirable jobs or gaining admission to prestigious postgraduate programs/public service.
Build a Professional Network and Personal Brand- (Semester 6-8)
Attend industry seminars, workshops, and career fairs. Connect with alumni and professionals in your target fields on platforms like LinkedIn. Develop a professional online presence and communicate your skills and aspirations effectively. Seek mentorship from faculty or industry experts.
Tools & Resources
LinkedIn, Industry-specific conferences (e.g., FICCI, CII events), College alumni network events
Career Connection
Networking opens doors to hidden job opportunities, valuable insights, and mentorship, crucial for long-term career growth in India''''s professional landscape.
Program Structure and Curriculum
Eligibility:
- 10+2 (or equivalent) with a minimum aggregate percentage as per University of Delhi admission norms.
Duration: 8 semesters (4 years)
Credits: 160 Credits
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-1A | Principles of Microeconomics - I | Discipline Specific Core | 4 | Introduction to Economics and Economy, Demand and Supply, Theory of Consumer Behavior, Theory of Production and Costs, Market Structures: Perfect Competition |
| AECC-1 | Environmental Studies | Ability Enhancement Compulsory Course | 4 | Multidisciplinary Nature of Environmental Studies, Ecosystems, Biodiversity and Conservation, Environmental Pollution, Social Issues and the Environment |
| VAC-1 | Constitutional Values & Fundamental Duties | Value Added Course | 2 | The Constitution of India, Preamble and its Philosophy, Fundamental Rights and Duties, Directive Principles of State Policy, Constitutional Amendments |
| SEC-1 | Digital Empowerment | Skill Enhancement Course | 2 | Fundamentals of Digital Literacy, Internet and Web Technologies, Cyber Security Basics, Digital Tools for Productivity, E-governance and Digital Services |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-1B | Principles of Microeconomics - II | Discipline Specific Core | 4 | Market Structures: Monopoly, Market Structures: Oligopoly and Monopolistic Competition, Factor Markets: Labour and Capital, General Equilibrium, Welfare Economics and Market Failures |
| AECC-2 | English Language Communication | Ability Enhancement Compulsory Course | 4 | Listening Skills, Speaking Skills, Reading Comprehension, Writing Skills, Grammar and Vocabulary |
| VAC-2 | Ethics and Culture | Value Added Course | 2 | Introduction to Ethics, Moral Philosophy, Cultural Diversity and Ethics, Ethical Decision Making, Values in Professional Life |
| SEC-2 | Communication in Everyday Life | Skill Enhancement Course | 2 | Interpersonal Communication, Public Speaking, Non-verbal Communication, Digital Communication Etiquette, Effective Presentation Skills |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-1C | Principles of Macroeconomics - I | Discipline Specific Core | 4 | Introduction to Macroeconomics (Circular Flow, GDP), Measurement of National Income, Money and Inflation, Classical and Keynesian Systems, Fiscal Policy and Monetary Policy |
| GE-1 | Generic Elective (From another discipline, e.g., Principles of Political Science - I) | Generic Elective | 4 | Political Theory, State and Government, Forms of Government, Rights and Duties, Democracy |
| VAC-3 | Indian Knowledge Tradition | Value Added Course | 2 | Ancient Indian Wisdom, Science and Technology in Ancient India, Indian Philosophical Systems, Arts and Aesthetics in India, Environmental Ethics in Indian Thought |
| SEC-3 | Financial Literacy & Entrepreneurship | Skill Enhancement Course | 2 | Personal Finance Management, Banking and Investments, Basics of Entrepreneurship, Business Plan Development, Financial Planning for Startups |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-1D | Principles of Macroeconomics - II | Discipline Specific Core | 4 | IS-LM Model, Aggregate Demand and Supply, Open Economy Macroeconomics, Exchange Rates and Balance of Payments, Macroeconomic Policy Debates |
| GE-2 | Generic Elective (From another discipline, e.g., History of India - I) | Generic Elective | 4 | Ancient Indian Civilizations, Rise of Empires, Religious and Cultural Developments, Early Medieval Period, Sources of Ancient Indian History |
| VAC-4 | Yoga: Philosophy & Practice | Value Added Course | 2 | History and Evolution of Yoga, Paths of Yoga, Asanas and Pranayama, Meditation Techniques, Yoga for Health and Well-being |
| SEC-4 | Data Analysis | Skill Enhancement Course | 2 | Introduction to Data Analysis, Data Collection and Organization, Descriptive Statistics, Data Visualization, Basic Statistical Software (e.g., Excel, R/Python basics) |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSE-1A | Indian Economy - I | Discipline Specific Elective | 4 | Basic Characteristics of Indian Economy, Economic Growth and Development in India, Demographic Features and Human Development, Poverty and Inequality in India, Agriculture Sector and Rural Development |
| DSE-1B | Development Economics - I | Discipline Specific Elective | 4 | Concepts of Development and Underdevelopment, Theories of Economic Growth (Harrod-Domar, Solow), Poverty, Inequality, and Income Distribution, Population Growth and Economic Development, Human Capital and Education |
| VAC-5 | Swachh Bharat | Value Added Course | 2 | Introduction to Swachh Bharat Abhiyan, Waste Management and Sanitation, Water Quality and Conservation, Public Health and Hygiene, Community Participation and Awareness |
| SEC-5 | Academic Writing and Presentation | Skill Enhancement Course | 2 | Structure of Academic Writing, Research and Citation Styles, Critical Thinking in Writing, Presentation Design and Delivery, Public Speaking Skills for Academic Contexts |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSE-1C | Indian Economy - II | Discipline Specific Elective | 4 | Industry and Services Sector in India, India''''s Foreign Trade and Balance of Payments, Fiscal Policy and Public Finance in India, Monetary Policy and Financial Sector Reforms, Economic Reforms and Current Challenges |
| DSE-1D | Public Finance | Discipline Specific Elective | 4 | Introduction to Public Finance, Public Goods and Externalities, Taxation: Principles and Incidence, Public Expenditure and Budgeting, Fiscal Federalism in India |
| VAC-6 | Art of Being Happy | Value Added Course | 2 | Understanding Happiness, Positive Psychology, Mindfulness and Well-being, Emotional Intelligence, Building Resilient Relationships |
| SEC-6 | Research Methodology | Skill Enhancement Course | 2 | Introduction to Research, Research Design and Types, Data Collection Methods, Sampling Techniques, Report Writing and Ethics in Research |
Semester 7
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSE-1E | Environmental Economics | Discipline Specific Elective | 4 | Economics and Environment, Market Failure and Externalities, Valuation of Environmental Goods, Environmental Policy Instruments, Sustainable Development and Climate Change |
| DSE-1F | Introduction to Econometrics | Discipline Specific Elective | 4 | Nature and Scope of Econometrics, Simple Linear Regression Model, Multiple Regression Analysis, Problems in Regression Analysis (Multicollinearity, Heteroscedasticity), Time Series Econometrics (Introduction) |
| VAC-7 | Science and Society | Value Added Course | 2 | Interdisciplinary Nature of Science, Ethical Implications of Scientific Advancements, Science Communication, Role of Science in Public Policy, Impact of Technology on Society |
| SEC-7 | Foreign Language - Basic (e.g., French/German/Spanish) | Skill Enhancement Course | 2 | Basic Greetings and Introductions, Everyday Vocabulary, Simple Sentence Construction, Cultural Context, Listening and Speaking Practice |
Semester 8
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSE-RES | Research Project/Dissertation (Economics) | Discipline Specific Elective / Research | 8 | Formulation of Research Question, Literature Review, Methodology and Data Collection, Data Analysis and Interpretation, Report Writing and Presentation |
| Elective-Generic | Interdisciplinary Elective (from another discipline or advanced Economics elective) | Elective | 4 | Advanced Topics in chosen field, Case Studies, Practical Applications, Contemporary Issues, Independent Study |
| VAC-8 | Emotional Intelligence | Value Added Course | 2 | Understanding Emotions, Self-awareness and Self-regulation, Motivation and Empathy, Social Skills and Relationships, Emotional Intelligence in the Workplace |
| SEC-8 | Entrepreneurship Development | Skill Enhancement Course | 2 | Concept of Entrepreneurship, Idea Generation and Feasibility Study, Business Models and Strategy, Sources of Funding, Legal and Regulatory Aspects of Business |
