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BA-HONS-ECONOMICS in Economics at Sri Guru Tegh Bahadur Khalsa College
Delhi, Delhi
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About the Specialization
What is Economics at Sri Guru Tegh Bahadur Khalsa College Delhi?
This BA (Hons.) Economics program at Sri Guru Tegh Bahadur Khalsa College, affiliated with the University of Delhi, focuses on providing a robust foundation in economic theory, quantitative methods, and policy analysis. It''''s highly relevant in the Indian context, where demand for skilled economists is growing in policy-making, finance, and data-driven industries. The program''''s rigor and comprehensive curriculum are key differentiators, preparing students for diverse challenges.
Who Should Apply?
This program is ideal for fresh graduates from Class 12 with a strong aptitude for mathematics and an keen interest in understanding complex socio-economic phenomena. It attracts students aspiring for careers in research, policy analysis, financial services, or higher education. A strong analytical bent and curiosity about local and global economic issues are essential prerequisites.
Why Choose This Course?
Graduates of this program can expect diverse India-specific career paths as economic analysts, data scientists, market researchers, or consultants. Opportunities exist in banking, financial institutions, government services (UPSC, RBI), and think tanks. Entry-level salaries typically range from 3-6 LPA, growing to 8-15+ LPA with experience. The program also serves as an excellent stepping stone for further studies like MA Economics, MBA, or Civil Services.
Student Success Practices
Foundation Stage
Build a Strong Quantitative Foundation- (Semester 1-2)
Consistently practice mathematical and statistical concepts from core papers like Mathematical Methods for Economics and Statistical Methods. Utilize online platforms and dedicated textbooks to solidify understanding of calculus, linear algebra, and basic probability. This includes solving diverse problems and understanding theoretical underpinnings.
Tools & Resources
NCERT Mathematics textbooks, Schaum''''s Outlines, Khan Academy, NPTEL courses, Previous year question papers
Career Connection
A strong quantitative base is critical for excelling in advanced econometrics, financial modeling, and data analytics roles, which are highly valued in the job market.
Engage Actively with Economic News and Debates- (Semester 1-2)
Regularly read leading financial newspapers (e.g., The Economic Times, Business Standard) and reputable economic magazines. Participate in college economics society activities, debates, and discussions on current economic affairs to develop critical thinking, analytical skills, and articulate opinions effectively.
Tools & Resources
Mint, Livemint, The Hindu BusinessLine, RBI website, IMF/World Bank reports, College economics society
Career Connection
Enhances understanding of real-world applications of economic theories, crucial for policy analysis, business journalism, and general awareness required for competitive exams and interviews.
Develop Basic Data Handling Skills- (Semester 1-2)
Proactively learn fundamental data management and spreadsheet functions. Practice organizing, cleaning, and visualizing data using tools like Microsoft Excel for assignments and personal projects. This foundational skill will be vital for later econometrics courses and real-world data analysis.
Tools & Resources
Microsoft Excel tutorials (e.g., from YouTube, LinkedIn Learning), Online courses on data organization, Basic statistical functions in Excel
Career Connection
Fundamental for any analyst role, it prepares you for more advanced statistical software and data analytics platforms, improving your employability in data-driven sectors.
Intermediate Stage
Master Econometric Software and Techniques- (Semester 3-5)
Beyond classroom learning, gain hands-on proficiency in econometric software packages such as R, Python (using libraries like pandas, statsmodels, seaborn), or Stata. Work on small data projects, replicate findings from research papers, or analyze publicly available datasets to apply theoretical knowledge.
Tools & Resources
RStudio, Anaconda (for Python), Stata, DataCamp, Coursera courses on econometrics with R/Python, NPTEL lectures
Career Connection
Directly applicable to data analyst, research associate, and economic consulting roles. Proficiency in these tools is a highly sought-after skill in the Indian job market.
Seek Relevant Internships and Projects- (Semester 3-5)
Actively search for internships during summer and winter breaks in finance, banking, market research, economic consulting, or policy think tanks. Participate in college-led research projects or departmental initiatives to apply theoretical concepts to real-world problems and build a practical portfolio.
Tools & Resources
College placement cell, LinkedIn, Internshala, Alumni network, Faculty guidance and research opportunities
Career Connection
Builds practical experience, industry network, and significantly enhances your resume, making you more competitive for placements and higher education admissions.
Specialize through Electives and Online Courses- (Semester 5 (for DSE), ongoing for online courses)
Strategically choose Discipline Specific Elective (DSE) and Generic Elective (GE) papers that align with your specific career interests (e.g., financial economics, public policy, environmental economics). Supplement this specialization with relevant online courses or professional certifications.
Tools & Resources
Coursera, edX, NPTEL, Specific certification bodies (e.g., NCFM for financial markets)
Career Connection
Develops expertise in a niche area, making you a more attractive candidate for specialized roles and demonstrating a clear career trajectory to potential employers.
Advanced Stage
Prepare for Higher Education and Competitive Exams- (Semester 6)
If pursuing an MA in Economics or MBA, begin dedicated preparation for entrance exams like CUET PG, JNU Entrance, IGIDR, CAT, GMAT, or UPSC Civil Services. Focus on quantitative aptitude, logical reasoning, general awareness, and advanced economic theory revision.
Tools & Resources
Coaching institutes, Practice test series, Specific textbooks for entrance exams (e.g., guides for MA Economics entrances), Past papers of target exams
Career Connection
Essential for admission to top graduate programs in Economics and Management in India and abroad, or securing coveted government positions through competitive examinations.
Build a Strong Professional Network- (Semester 6)
Actively attend industry seminars, workshops, and alumni networking events organized by the college or external bodies. Connect with professionals, alumni, and faculty on platforms like LinkedIn to explore career paths, mentorship opportunities, and gain insights into industry trends.
Tools & Resources
LinkedIn, College alumni association, Career development cell events, Industry conferences and workshops
Career Connection
Expands your professional circle, often leading to hidden job opportunities, valuable career guidance, and long-term mentorship.
Develop a Portfolio of Economic Analyses- (Semester 5-6)
Compile a comprehensive portfolio showcasing your projects, research papers, data analyses, and internship reports undertaken throughout your degree. This could be a digital portfolio or a physical compilation, demonstrating your practical skills and analytical capabilities.
Tools & Resources
GitHub (for coding/data projects), Personal website/blog, PDF compilation of reports and analyses, Presentation slides of key projects
Career Connection
Serves as tangible proof of your skills and expertise to potential employers, especially for roles in research, data analytics, and economic consulting, significantly boosting your job application.
Program Structure and Curriculum
Eligibility:
- Passed 10+2 with Mathematics from a recognized board, and appeared in CUET (UG) with specific subject combination (Any one Language, Mathematics, and two subjects from List B1).
Duration: 6 semesters / 3 years
Credits: 98 Credits
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-1 | Introductory Microeconomics | Discipline Specific Core (DSC) | 4 | Introduction to Economics and Economy, Demand and Supply Analysis, Consumer Theory, Production and Costs, Perfect Competition |
| DSC-2 | Mathematical Methods for Economics I | Discipline Specific Core (DSC) | 4 | Functions and Graphs, Derivatives and their Applications, Optimization Techniques, Integration, Differential Equations |
| AECC-1 | Environmental Science | Ability Enhancement Compulsory Course (AECC) | 4 | Environment and Sustainable Development, Ecosystems, Biodiversity, Environmental Pollution, Environmental Ethics |
| VAC-1 | Constitutional Values and Fundamental Duties | Value Addition Course (VAC) | 2 | The Constitution of India, Fundamental Rights, Directive Principles of State Policy, Fundamental Duties, Constitutional Amendments |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-3 | Introductory Macroeconomics | Discipline Specific Core (DSC) | 4 | National Income Accounting, Determination of Output and Employment, Money and Inflation, Open Economy Macroeconomics, Business Cycles |
| DSC-4 | Mathematical Methods for Economics II | Discipline Specific Core (DSC) | 4 | Linear Algebra, Optimization with Constraints, Dynamic Optimization, Multivariable Calculus, Basic Probability Concepts |
| GE-1 | Principles of Microeconomics | Generic Elective (GE) | 4 | Scarcity and Choice, Demand and Supply, Consumer Behavior, Production and Cost, Market Structures |
| SEC-1 | Data Analysis | Skill Enhancement Course (SEC) | 3 | Data Collection Methods, Data Representation, Measures of Central Tendency, Measures of Dispersion, Basic Statistical Software |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-5 | Intermediate Microeconomics I | Discipline Specific Core (DSC) | 4 | Consumer Theory (Advanced), Production and Cost (Advanced), General Equilibrium, Welfare Economics, Market Failures |
| DSC-6 | Intermediate Macroeconomics I | Discipline Specific Core (DSC) | 4 | Classical and Keynesian Systems, IS-LM Model, Aggregate Demand and Supply, Inflation and Unemployment, Business Cycles |
| DSC-7 | Statistical Methods for Economics | Discipline Specific Core (DSC) | 4 | Probability Theory, Random Variables and Distributions, Sampling and Estimation, Hypothesis Testing, Correlation and Regression |
| AECC-2 | English/MIL Communication | Ability Enhancement Compulsory Course (AECC) | 4 | Reading Comprehension, Writing Skills, Grammar and Usage, Presentation Skills, Official Communication |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-8 | Intermediate Microeconomics II | Discipline Specific Core (DSC) | 4 | Imperfect Competition, Game Theory, Factor Markets, Market Failures (Public Goods, Externalities), Asymmetric Information |
| DSC-9 | Intermediate Macroeconomics II | Discipline Specific Core (DSC) | 4 | Open Economy Macroeconomics (Mundell-Fleming), Exchange Rate Regimes, Fiscal Policy and Debt, Monetary Policy and Central Banking, Economic Growth Models |
| DSC-10 | Introductory Econometrics | Discipline Specific Core (DSC) | 4 | Simple Linear Regression Model, Multiple Regression Analysis, Ordinary Least Squares (OLS) Assumptions, Hypothesis Testing in Regression, Introduction to Time Series Data |
| GE-2 | Indian Economy: Performance and Policies | Generic Elective (GE) | 4 | Basic Characteristics of Indian Economy, Economic Growth and Development in India, Agriculture Sector Policies, Industrial Sector Reforms, Poverty, Inequality, and Employment |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-11 | Indian Economy I | Discipline Specific Core (DSC) | 4 | Economic Development since Independence, Economic Reforms of 1991, Agriculture Sector: Issues and Policies, Industrial Policy and Performance, Services Sector Growth |
| DSC-12 | Development Economics I | Discipline Specific Core (DSC) | 4 | Economic Growth Theories, Poverty and Inequality Measurement, Human Capital and Health, Population and Demographic Transition, Role of Institutions in Development |
| DSE-1 | Public Economics | Discipline Specific Elective (DSE) | 4 | Role of Government in the Economy, Public Goods and Externalities, Taxation Theory and Incidence, Public Expenditure and Budgeting, Fiscal Policy |
| SEC-2 | Research Methodology | Skill Enhancement Course (SEC) | 3 | Research Design and Ethics, Data Collection Methods, Sampling Techniques, Data Analysis and Interpretation, Report Writing |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-13 | Indian Economy II | Discipline Specific Core (DSC) | 4 | Fiscal Policy and Deficits, Monetary Policy and Financial Sector, Trade and Foreign Capital, Urbanization and Infrastructure, Contemporary Economic Issues |
| DSC-14 | Development Economics II | Discipline Specific Core (DSC) | 4 | International Trade and Development, Rural-Urban Migration, Microfinance and Credit Markets, Governance and Corruption, Sustainable Development Goals |
| DSE-2 | International Economics | Discipline Specific Elective (DSE) | 4 | Theories of International Trade, Trade Policy Instruments, Balance of Payments, Exchange Rate Determination, International Economic Organizations |
| VAC-2 | Digital Empowerment | Value Addition Course (VAC) | 2 | Digital Literacy and Awareness, Online Safety and Security, Digital Government Services, E-commerce and Digital Payments, Digital Tools for Learning and Productivity |
