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BA in Economics at SSR College of Arts, Commerce and Science
Dadra and Nagar Haveli, Dadra and Nagar Haveli and Daman and Diu
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About the Specialization
What is Economics at SSR College of Arts, Commerce and Science Dadra and Nagar Haveli?
This Economics program at Smt. S.S.R. College of Arts, Commerce & Science focuses on providing a robust foundation in microeconomics, macroeconomics, development economics, and statistical methods. It equips students with analytical tools to understand complex economic issues prevalent in India, from agricultural reforms to industrial policies and global trade dynamics. The curriculum''''s blend of theoretical concepts and practical applications ensures its high relevance to India''''s evolving economic landscape and the growing demand for skilled economists.
Who Should Apply?
This program is ideal for fresh 12th-pass graduates eager to delve into the workings of the Indian and global economies, aspiring civil servants preparing for competitive exams, and individuals looking for foundational knowledge for careers in finance, policy analysis, or research. Students with a keen interest in data interpretation, critical thinking, and socio-economic challenges will find this specialization particularly rewarding.
Why Choose This Course?
Graduates of this program can expect to pursue diverse career paths in India, including roles as Economic Analysts in banks and financial institutions, Researchers in think tanks or government agencies like NITI Aayog, or Public Policy Analysts. Entry-level salaries typically range from INR 3-5 LPA, growing significantly with experience. The program also serves as an excellent stepping stone for postgraduate studies in Economics or related fields, and for competitive exams such as UPSC, RBI Grade B, and Indian Economic Service.
Student Success Practices
Foundation Stage
Master Core Economic Concepts- (Semester 1-2)
Focus intently on Microeconomics-I & II and Macroeconomics-I fundamentals. Regularly review class notes, solve numerical problems, and read introductory economics textbooks. Utilize online resources like Khan Academy for conceptual clarity.
Tools & Resources
Textbooks (e.g., N. Gregory Mankiw, H.L. Ahuja), Khan Academy Economics videos, Class notes and problem sets
Career Connection
A strong grasp of economic theories forms the bedrock for advanced studies and analytical roles in finance, policy, and research.
Engage with Indian Economic News- (Semester 1-2)
Beyond textbooks, read reputable Indian financial newspapers daily. Understand the application of economic concepts to current events and policy discussions in India. Participate in college debates or discussions on economic issues.
Tools & Resources
The Economic Times, Livemint, Business Standard, The Hindu (Business section)
Career Connection
Develops a contextual understanding crucial for roles in economic journalism, policy analysis, and competitive examinations.
Develop Foundational Quantitative Skills- (Semester 1-2)
Pay close attention to quantitative aspects in Microeconomics and Macroeconomics. Practice basic statistical concepts and calculations relevant to economic data. Early exposure to MS-Excel for simple data organization.
Tools & Resources
MS-Excel tutorials, Basic statistics textbooks, College math/stats labs (if available)
Career Connection
Quantitative aptitude is essential for almost all roles in economics, finance, and data analytics. Builds confidence for future advanced courses.
Intermediate Stage
Participate in Economic Research Projects- (Semester 3-4)
Seek opportunities to work on small-scale research projects, perhaps with faculty, focusing on topics like ''''Indian Financial System'''' or ''''Public Finance''''. This helps apply theoretical knowledge to real-world Indian economic scenarios.
Tools & Resources
College library databases, JSTOR (through institutional access), Government of India economic reports
Career Connection
Builds research skills vital for academic pursuits, policy analysis roles, and think tanks. Enhances resume for internships.
Utilize Computer Applications for Economic Analysis- (Semester 3-5)
Actively learn and practice with MS-Excel for data analysis as covered in the ''''Computer Application in Economics'''' course. Explore basic functions for statistical analysis, charting, and presentation of economic data.
Tools & Resources
MS-Excel (official software), Online Excel courses (e.g., Coursera, Udemy), YouTube tutorials
Career Connection
Develops practical skills highly sought after in analytical roles, preparing for data-driven jobs in various Indian industries.
Seek Internships in Economic Domains- (Semester 4-5 (during summer breaks))
Apply for internships with local banks, financial institutions, government departments (e.g., statistics, planning), or NGOs focusing on economic development. Even short-term exposure provides invaluable practical experience.
Tools & Resources
College placement cell, Internshala, Naukri.com, LinkedIn
Career Connection
Provides industry exposure, networking opportunities, and a clearer understanding of career paths in India. Often leads to pre-placement offers.
Advanced Stage
Intensive Preparation for Higher Studies/Competitive Exams- (Semester 5-6)
Begin focused preparation for entrance exams for MA Economics, MBA programs, or competitive exams like UPSC Civil Services, RBI Grade B, and Indian Economic Service, aligning with advanced subjects like Development Economics and Statistical Methods.
Tools & Resources
Previous year question papers, Coaching institutes (if opted), Online mock test series, Standard reference books
Career Connection
Directly supports entry into prestigious government services, public sector banks, or top-tier academic programs in India.
Undertake a Comprehensive Research Project/Dissertation- (Semester 6)
Proactively identify a research topic in Indian Economics or International Economics and work on a detailed project or dissertation, applying statistical methods and data analysis skills acquired. Seek mentorship from faculty.
Tools & Resources
Academic journals, Government survey data (NSO, RBI), Statistical software (e.g., R, Python basics if self-learned)
Career Connection
Showcases advanced analytical capabilities, research aptitude, and problem-solving skills, highly valued by employers and for academic applications.
Network and Attend Economic Seminars/Workshops- (Semester 5-6)
Actively participate in economic seminars, workshops, and guest lectures organized by the college or other institutions in the region. Network with economists, academicians, and professionals to gain insights and career guidance.
Tools & Resources
College event calendars, LinkedIn professional groups, Economic associations'''' events
Career Connection
Expands professional contacts, keeps students abreast of current economic trends, and opens doors to mentorship and potential job referrals within the Indian economic ecosystem.
Program Structure and Curriculum
Eligibility:
- 12th Pass (from official Admission section of ssrcas.ac.in)
Duration: 3 years / 6 semesters
Credits: 76 (for Economics specialization papers) Credits
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECM101-C1 | Microeconomics-I | Core | 6 | Nature, Scope & Methodology of Economics, Basic Problems and Economic Systems, Demand Analysis and Law of Demand, Supply Analysis and Law of Supply, Elasticity of Demand, Theory of Production and Costs |
| BAECM102-GE1 | Economic Development of India | General Elective | 6 | Characteristics of Indian Economy, Economic Planning in India, Agriculture Sector in India, Industrial Sector in India, Economic Reforms since 1991 |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECM201-C2 | Microeconomics-II | Core | 6 | Market Forms (Perfect Competition, Monopoly), Monopolistic Competition and Oligopoly, Theory of Factor Pricing (Rent), Theory of Wages, Theory of Interest and Profit |
| BAECM202-GE2 | Environmental Economics | General Elective | 6 | Introduction to Environmental Economics, Market Failure and Externalities, Environmental Policy Instruments, Sustainable Development, Environmental Accounting |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECM301-C3 | Macroeconomics-I | Core | 6 | National Income Accounting, Classical Theory of Employment, Keynesian Theory of Employment, Consumption and Investment Functions, Money, Supply and Demand for Money |
| BAECM302-GE3 | Indian Financial System | General Elective | 6 | Structure of Indian Financial System, Financial Markets (Money Market, Capital Market), Financial Instruments, Role of Reserve Bank of India (RBI), Commercial Banks and Non-Banking Financial Companies (NBFCs) |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECM401-C4 | Macroeconomics-II | Core | 6 | Inflation and its Causes, Business Cycles, Monetary Policy, Fiscal Policy, International Trade Theories, Exchange Rate and Balance of Payments |
| BAECM402-GE4 | Public Finance | General Elective | 6 | Introduction to Public Finance, Public Goods and Market Failures, Principles of Taxation, Public Expenditure and Public Debt, Fiscal Policy and Budget |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECM501-C5 | Development Economics | Core | 6 | Economic Growth and Development, Theories of Economic Development, Poverty, Inequality, and Human Capital, Population and Demographic Transition, Globalisation and Developing Countries |
| BAECM502-DSE1 | Indian Economy | Discipline Specific Elective | 6 | Sectoral Performance (Agriculture, Industry, Services), Infrastructure Development in India, External Sector of India, Challenges and Policies (Poverty, Unemployment), Indian Financial Market Developments |
| BAECM503-SEC1 | Computer Application in Economics | Skill Enhancement Course | 2 | Introduction to MS-Office (Word, PowerPoint), Data Analysis using MS-Excel, Introduction to Statistical Software, Internet and E-resources for Economics |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECM601-C6 | Statistical Methods for Economics | Core | 6 | Data Collection and Presentation, Measures of Central Tendency, Measures of Dispersion, Correlation and Regression Analysis, Index Numbers and Time Series Analysis |
| BAECM602-DSE2 | International Economics | Discipline Specific Elective | 6 | Theories of International Trade, Terms of Trade and Trade Barriers, World Trade Organization (WTO), Balance of Payments, Foreign Exchange Market and Exchange Rates |
| BAECM603-SEC2 | Data Analysis | Skill Enhancement Course | 2 | Sources of Economic Data, Data Presentation and Interpretation, Basic Econometrics Concepts, Report Writing based on Data Analysis |
