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BA in Economics at Sri. Vijay Mahantesh Arts & Commerce College For Women, Ilkal
Bagalkote, Karnataka
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About the Specialization
What is Economics at Sri. Vijay Mahantesh Arts & Commerce College For Women, Ilkal Bagalkote?
This BA Economics program at Shri Vijay Mahantesh Arts, Science and Commerce College focuses on fundamental economic theories and their application to the Indian context. It delves into micro and macroeconomics, public finance, and development economics, preparing students for analysis of real-world economic issues. The program emphasizes understanding India''''s diverse economic landscape and policy challenges, which are highly relevant in today''''s global economy.
Who Should Apply?
This program is ideal for high school graduates with an interest in societal issues, market dynamics, and government policies. It suits those aiming for careers in economic research, public administration, financial services, or further academic pursuits. Individuals passionate about understanding wealth creation, distribution, and sustainable development within India will find this program fulfilling and valuable.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as economic analysts, data researchers, policy advisors, and banking professionals. Entry-level salaries typically range from INR 2.5 LPA to 5 LPA, with significant growth potential in government sectors or private consultancies. The program also provides a strong foundation for civil services examinations, aligning with national career aspirations.
Student Success Practices
Foundation Stage
Build Conceptual Clarity in Microeconomics- (Semester 1-2)
Focus on understanding core microeconomic principles like demand-supply, elasticity, consumer behavior, and market structures thoroughly. Engage actively in lectures, participate in discussions, and clarify doubts promptly.
Tools & Resources
Textbooks, Lecture notes, Khan Academy Economics, NPTEL Economics
Career Connection
Strong foundational knowledge is crucial for advanced economic analysis, competitive examinations, and understanding market dynamics in future roles.
Develop Analytical Thinking and Problem-Solving Skills- (Semester 1-2)
Practice solving numerical problems and analyzing real-world economic case studies related to microeconomics. Form study groups to discuss and critically evaluate economic scenarios and their implications.
Tools & Resources
Problem sets from textbooks, Economic news articles, Local study groups, Previous year question papers
Career Connection
Essential for roles requiring data interpretation, logical reasoning, and making informed policy or business recommendations.
Engage with Current Economic Affairs- (Semester 1-2)
Regularly read reputable business newspapers and economic journals to connect theoretical concepts with current events and economic policies in India. Discuss economic headlines and their impact with peers and faculty.
Tools & Resources
The Economic Times, Business Standard, Mint, RBI publications
Career Connection
Enhances awareness of economic trends and policy implications, vital for interviews, competitive exams, and career growth in economic fields.
Intermediate Stage
Master Macroeconomic Frameworks and Policies- (Semester 3-4)
Deepen understanding of national income accounting, inflation, unemployment, and monetary/fiscal policies. Focus on how these macroeconomic variables interact and influence the Indian economy''''s performance and stability.
Tools & Resources
Advanced macroeconomics textbooks, Government Economic Survey of India, Union Budget documents
Career Connection
Prepares students for roles in financial institutions, policy research organizations, and government economic departments.
Explore Indian Economic Challenges and Development- (Semester 5)
Study the structural features, historical context, current challenges, and policy initiatives of the Indian economy. Conduct mini-projects or presentations on specific sectors like agriculture, industry, or services in India.
Tools & Resources
NITI Aayog reports, Reserve Bank of India annual reports, Ministry of Finance publications
Career Connection
Develops specialized expertise in India-specific economic issues, highly valued by employers in both public and private sectors within India.
Hone Quantitative and Data Analysis Skills- (Semester 3-5)
Seek opportunities to develop quantitative skills through electives, workshops, or online modules in basic statistics, econometrics, or data analysis. Practice applying statistical tools to economic data using software.
Tools & Resources
Online courses (Coursera, edX) on basic statistics/econometrics, Microsoft Excel, Introductory R/Python tutorials
Career Connection
Opens doors to roles in data analytics, market research, financial modeling, and economic consulting, enhancing employability.
Advanced Stage
Undertake Applied Research Projects- (Semester 6)
Engage in a research project, possibly as a dissertation, related to Public Economics, Indian Economy, or development. Work under faculty guidance to analyze a specific economic issue, collect data, and present findings.
Tools & Resources
Academic journals (e.g., Economic and Political Weekly), Statistical databases (MOSPI, NSSO), Research methodology guides
Career Connection
Demonstrates independent research capabilities and in-depth understanding, critical for higher studies and analytical roles in think tanks or academia.
Systematic Preparation for Career Advancement- (Semester 6)
Systematically prepare for post-graduation entrance exams for MA Economics, or competitive examinations like UPSC/KPSC Civil Services. Attend college placement workshops and practice mock interviews to enhance job readiness.
Tools & Resources
Previous year question papers for target exams, Competitive exam guidebooks, College career services cell, Mock interview platforms
Career Connection
Directly impacts immediate career progression, securing admission to desired postgraduate programs, or entry into prestigious government services.
Network and Professional Skill Development- (Semester 6)
Attend economic seminars, workshops, and connect with college alumni for mentorship and career insights. Build a professional network by participating in college events and relevant industry interactions to understand market expectations.
Tools & Resources
LinkedIn, College alumni network, Industry association events (e.g., Indian Economic Association conferences)
Career Connection
Provides insights into the job market, potential referrals, mentorship opportunities, and helps in developing crucial soft skills for professional success.
Program Structure and Curriculum
Eligibility:
- PUC/10+2 or its equivalent examination
Duration: 3 years (6 semesters)
Credits: Credits not specified
Assessment: Internal: 20%, External: 80%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAOEC101 | Micro Economics - I | Core (Optional Subject) | 4 | Introduction to Economics, Theory of Consumer Behavior, Theory of Production, Theory of Cost, Theory of Revenue |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAOEC201 | Micro Economics - II | Core (Optional Subject) | 4 | Market Structure, Perfect Competition, Monopoly, Monopolistic Competition, Oligopoly |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAOEC301 | Macro Economics - I | Core (Optional Subject) | 4 | Introduction to Macro Economics, National Income, Theories of Employment, Classical Theory of Employment, Keynesian Theory of Employment |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAOEC401 | Macro Economics - II | Core (Optional Subject) | 4 | Consumption Function, Investment Function, Multiplier and Accelerator, Theory of Money, Inflation and Deflation |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAOEC501 | Indian Economy - I | Core (Optional Subject) | 4 | Basic Features of Indian Economy, Economic Planning in India, Agriculture Sector, Industrial Sector, Service Sector |
| BAOEC502 | Development Economics | Core (Optional Subject) | 4 | Economic Development and Growth, Theories of Economic Development, Population and Development, Human Resource Development, Role of Capital and Technology |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAOEC601 | Indian Economy - II | Core (Optional Subject) | 4 | Foreign Trade, Public Finance, Economic Reforms, Poverty and Unemployment, Regional Disparities |
| BAOEC602 | Public Economics | Core (Optional Subject) | 4 | Public Finance, Public Expenditure, Public Revenue, Public Debt, Fiscal Policy |
