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B-SC-ECONOMICS-AND-MATHEMATICS-DOUBLE-MAIN in General at ST. JOSEPH'S COLLEGE (AUTONOMOUS) DEVAGIRI
Kozhikode, Kerala
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About the Specialization
What is General at ST. JOSEPH'S COLLEGE (AUTONOMOUS) DEVAGIRI Kozhikode?
This B.Sc. Economics and Mathematics (Double Main) program at St. Joseph''''s College, Devagiri, focuses on integrating rigorous analytical tools of mathematics with the principles of economic theory. It prepares students for advanced studies and careers requiring strong quantitative skills in economics. In India, there is a growing demand for professionals who can analyze complex economic data using mathematical models. This program is designed to meet this critical industry need by offering a unique interdisciplinary approach.
Who Should Apply?
This program is ideal for high school graduates with a strong aptitude for both mathematics and social sciences, specifically economics. It suits individuals aspiring to careers in financial analysis, data analytics, economic research, public policy, or academia. Students who enjoy problem-solving, critical thinking, and wish to understand societal issues through a quantitative lens will find this program rewarding. A background in higher secondary mathematics is typically a prerequisite.
Why Choose This Course?
Graduates of this program can expect diverse India-specific career paths in sectors like banking, finance, market research, and government economic services. Entry-level salaries typically range from INR 3-6 lakhs per annum, with experienced professionals earning significantly more in analytics or research roles. The interdisciplinary skill set provides a strong foundation for postgraduate studies in Econometrics, Quantitative Finance, Data Science, or Applied Economics at leading Indian and international universities.
Student Success Practices
Foundation Stage
Build Strong Foundational Concepts in Both Disciplines- (Semester 1-2)
Actively engage with core mathematics (logic, sets, calculus) and economics (microeconomics, macroeconomics) concepts. Focus on understanding derivations and underlying theories, not just memorizing formulas, to build a robust analytical base.
Tools & Resources
NCERT textbooks for 11th/12th grade Math & Economics, Khan Academy, NPTEL lectures, University prescribed textbooks, Peer study groups
Career Connection
A strong theoretical base is essential for advanced courses and provides the bedrock for analytical roles in finance or research, crucial for clearing competitive exams in India.
Develop Consistent Problem-Solving Habits- (Semester 1-2)
Dedicate daily time to solve problems from both mathematics and economics. Regularly practice numerical problems from economics and derivations from mathematics to hone quantitative and critical thinking skills.
Tools & Resources
Textbooks'''' exercise sections, Online problem sets (e.g., Brilliant.org for Math), Past year question papers, Economic problem banks
Career Connection
This hones analytical thinking and quantitative skills, highly valued in data analytics, actuarial science, and financial modeling roles across Indian industries.
Cultivate Effective Note-Taking and Revision Strategies- (Semester 1-2)
Create comprehensive notes that integrate concepts from both subjects, especially where they overlap (e.g., optimization in economics). Regularly revise topics to reinforce learning and prepare thoroughly for internal assessments.
Tools & Resources
Notion, Evernote, Concept maps, Flashcards, Collaborative study sessions
Career Connection
Strong academic performance from the start sets a positive trajectory for internships and placements, signaling dedication and competence to prospective Indian employers.
Intermediate Stage
Apply Quantitative Methods to Economic Problems- (Semester 3-5)
Actively look for opportunities to use mathematical tools (Linear Algebra, Differential Equations, Statistics) to solve economic case studies and empirical problems. Participate in economic or data science competitions to gain practical experience.
Tools & Resources
R or Python (Pandas, NumPy, Matplotlib), EViews/Stata for basic data analysis, Kaggle competitions, Economic modeling software
Career Connection
This practical application of skills is crucial for roles in economic consulting, market analysis, and quantitative research firms in India, enhancing problem-solving capabilities.
Seek Relevant Internships and Workshops- (Semester 3-5)
Apply for internships at financial institutions, research centres, or NGOs during summer breaks. Attend workshops on econometrics, financial modeling, or data analysis to gain practical industry exposure and network with professionals.
Tools & Resources
College placement cell, LinkedIn, Internshala, Industry-specific job portals, NPTEL workshops
Career Connection
Gaining practical experience is invaluable for understanding industry demands, building a professional network, and securing final placements in the competitive Indian job market.
Engage in Interdisciplinary Research Projects- (Semester 3-5)
Collaborate with faculty or peers on small-scale research projects that combine economic theory with mathematical modeling. Present findings at college seminars or local conferences to develop research and presentation skills.
Tools & Resources
Academic journals (JSTOR, ResearchGate), Research databases, Statistical software, Library resources
Career Connection
Research exposure develops critical thinking, academic writing, and presentation skills, highly beneficial for higher studies or roles in think tanks and policy research in India.
Advanced Stage
Focus on Project Work and Specialization- (Semester 6)
Dedicate significant effort to the final year project, ensuring it demonstrates a strong integration of economic theory and mathematical application. Choose electives that align closely with career aspirations, such as Econometrics or Financial Economics.
Tools & Resources
Advanced statistical software, Academic guidance from professors, Specialized textbooks and industry reports, Data analysis tools
Career Connection
A high-quality project is a strong portfolio piece for job interviews or graduate school applications, showcasing expertise to Indian and global employers in a specific domain.
Prepare Strategically for Placements and Higher Studies- (Semester 6)
Attend campus recruitment drives, practice aptitude tests, group discussions, and technical interviews. Simultaneously prepare for entrance exams like CAT, GATE, or GRE/GMAT if considering higher education in India or abroad.
Tools & Resources
Placement training modules, Mock interviews, Online aptitude platforms (e.g., IndiaBix), Coaching classes for entrance exams, Alumni network for guidance
Career Connection
Proactive preparation ensures students are well-equipped to secure coveted positions in Indian financial services, analytics, or admission to top universities, accelerating career growth.
Build a Professional Network and Personal Brand- (Semester 6)
Connect with alumni, industry professionals, and professors through LinkedIn and college events. Participate in industry association meetings or economic forums to expand your professional circle and enhance visibility.
Tools & Resources
LinkedIn profile optimization, Professional networking events, Alumni mentorship programs, Industry conferences
Career Connection
Networking opens doors to hidden job opportunities, mentorship, and career guidance, which are crucial for long-term success and navigating the dynamic Indian professional landscape.
Program Structure and Curriculum
Eligibility:
- Pass in Plus Two (12th standard) or equivalent examination with Economics/Mathematics as an optional subject or other relevant subjects, as per University of Calicut norms.
Duration: 6 Semesters / 3 Years
Credits: 120 Credits
Assessment: Internal: 20%, External: 80%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A01 | Common Course English I | Common | 4 | Reading Skills, Literary Appreciation, Short Stories, Poems, Prose Passages |
| A02 | Common Course English II | Common | 3 | Academic Writing, Grammar, Essay Writing, Official Communication, Creative Writing |
| A03 | Common Course Additional Language I (e.g., Malayalam/Hindi/Arabic) | Common | 4 | Basic Grammar, Literary Forms, Communication Skills, Cultural Context, Translation |
| EC1CMT01 | Core Course Mathematics: Foundations of Mathematics | Core (Mathematics) | 4 | Logic and Proofs, Set Theory, Relations and Functions, Number Systems, Mathematical Induction |
| EC1COR01 | Core Course Economics: Microeconomics I | Core (Economics) | 4 | Basic Economic Problems, Demand and Supply Analysis, Consumer Behavior Theories, Production and Cost Analysis, Market Structures |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A04 | Common Course English III | Common | 4 | Critical Thinking, Argumentation, Public Speaking, Media Literacy, Research Skills |
| A05 | Common Course English IV | Common | 3 | Business Communication, Report Writing, Presentation Skills, Interview Skills, Group Discussion |
| A06 | Common Course Additional Language II | Common | 4 | Advanced Grammar, Literary Criticism, Translation Techniques, Discourse Analysis, Regional Literature |
| EC2CMT02 | Core Course Mathematics: Calculus I | Core (Mathematics) | 4 | Limits and Continuity, Differentiation Techniques, Applications of Derivatives, Integration Methods, Fundamental Theorem of Calculus |
| EC2COR02 | Core Course Economics: Macroeconomics I | Core (Economics) | 4 | National Income Accounting, Classical and Keynesian Economics, Money and Banking, Inflation and Unemployment, IS-LM Model |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A07 | Common Course General IV (Humanities/Social Science) | Common | 4 | Constitutional Values, Human Rights, Gender Studies, Environmental Studies, Disaster Management |
| EC3CMT03 | Core Course Mathematics: Linear Algebra | Core (Mathematics) | 4 | Matrices and Determinants, Vector Spaces, Linear Transformations, Eigenvalues and Eigenvectors, Systems of Linear Equations |
| EC3COR03 | Core Course Economics: Indian Economy | Core (Economics) | 4 | Economic Planning in India, Agriculture Sector, Industrial Sector, Service Sector, Economic Reforms and Policies |
| EC3CMT04 | Core Course Mathematics: Differential Equations | Core (Mathematics) | 4 | First Order Equations, Higher Order Linear Equations, Laplace Transforms, Series Solutions, Applications of ODEs |
| EC3COR04 | Core Course Economics: Quantitative Methods for Economics I | Core (Economics) | 4 | Basic Statistics, Probability Theory, Probability Distributions, Sampling and Estimation, Hypothesis Testing |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A08 | Common Course General V (Science/Environmental Studies) | Common | 4 | Environmental Pollution, Renewable Energy, Biodiversity Conservation, Ecosystems and their Services, Sustainable Development Goals |
| EC4CMT05 | Core Course Mathematics: Real Analysis | Core (Mathematics) | 4 | Real Number System, Sequences and Series, Continuity and Uniform Continuity, Differentiability, Riemann Integration |
| EC4COR05 | Core Course Economics: Public Finance | Core (Economics) | 4 | Role of Government in the Economy, Public Revenue and Taxation, Public Expenditure, Public Debt Management, Fiscal Policy |
| EC4CMT06 | Core Course Mathematics: Discrete Mathematics | Core (Mathematics) | 4 | Set Theory, Mathematical Logic, Relations and Functions, Graph Theory, Combinatorics |
| EC4COR06 | Core Course Economics: Quantitative Methods for Economics II | Core (Economics) | 4 | Correlation and Regression Analysis, Time Series Analysis, Index Numbers, Linear Programming, Game Theory Fundamentals |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC5CMT07 | Core Course Mathematics: Abstract Algebra | Core (Mathematics) | 4 | Groups and Subgroups, Normal Subgroups, Rings and Fields, Vector Spaces, Group Homomorphisms |
| EC5COR07 | Core Course Economics: Development Economics | Core (Economics) | 4 | Theories of Economic Development, Poverty and Inequality, Human Development Index, Role of Institutions, Sustainable Development Goals |
| EC5CMT08 | Core Course Mathematics: Operations Research | Core (Mathematics) | 4 | Linear Programming Formulation, Simplex Method, Transportation Problem, Assignment Problem, Network Analysis (PERT/CPM) |
| EC5COR08 | Core Course Economics: Environmental Economics | Core (Economics) | 4 | Environmental Valuation, Economics of Pollution Control, Resource Economics, Climate Change Economics, Green Accounting |
| EC5OPN01 | Open Course (e.g., Fundamentals of Data Science) | Open | 3 | Data Collection, Data Cleaning, Basic Data Visualization, Introduction to Machine Learning, Ethical Data Practices |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC6CMT09 | Core Course Mathematics: Complex Analysis | Core (Mathematics) | 4 | Complex Numbers and Functions, Analytic Functions, Complex Integration, Residue Theorem, Conformal Mappings |
| EC6COR09 | Core Course Economics: International Economics | Core (Economics) | 4 | Theories of International Trade, Trade Policy Instruments, Balance of Payments, Foreign Exchange Markets, International Economic Organizations |
| EC6CMT10 | Core Course Mathematics: Numerical Methods | Core (Mathematics) | 4 | Solution of Equations, Interpolation and Approximation, Numerical Differentiation, Numerical Integration, Numerical Solutions to ODEs |
| EC6COR10 | Core Course Economics: Financial Economics | Core (Economics) | 4 | Financial Markets and Instruments, Risk and Return Analysis, Portfolio Theory, Capital Asset Pricing Model, Derivatives Markets |
| EC6ELE01 | Elective Course (e.g., Econometrics) | Elective | 3 | OLS Regression Assumptions, Hypothesis Testing in Regression, Violations of Classical Assumptions, Time Series Econometrics, Panel Data Models |
| EC6PRJ | Project / Dissertation | Project | 4 | Research Methodology, Data Collection and Analysis, Report Writing, Presentation Skills, Literature Review |
| EC6VIV | Viva Voce | Viva | 2 | Overall Course Content, Project Defense, General Knowledge in Economics and Mathematics |
