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B-SC-H-ECONOMICS in General at St. Joseph's College of Commerce (Autonomous)
Bengaluru, Karnataka
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About the Specialization
What is General at St. Joseph's College of Commerce (Autonomous) Bengaluru?
This B.Sc (H) Economics program at St. Joseph''''s College of Commerce, Bengaluru focuses on providing a rigorous foundation in economic theory, quantitative methods, and policy analysis. It addresses the growing demand for skilled economists in diverse sectors of the Indian economy, equipping students with analytical tools to understand complex financial markets, policy implications, and developmental challenges. The program''''s blend of core economics with interdisciplinary subjects prepares graduates for both higher education and direct industry roles.
Who Should Apply?
This program is ideal for analytically-minded fresh graduates seeking a robust understanding of economic principles and their real-world applications. It caters to students aspiring for careers in research, policy-making, finance, and data analysis within India. Individuals with a strong aptitude for mathematics, statistics, and critical thinking, who are keen to contribute to economic development and business strategy, will find this curriculum highly beneficial.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as economic analysts, data scientists, policy researchers, financial consultants, and market research analysts. Entry-level salaries typically range from INR 3-6 lakhs annually, with significant growth potential in government, banking, IT, and consulting firms. The program lays a strong foundation for pursuing advanced degrees like M.A. Economics, MBA, or specialized certifications in financial modeling and econometrics.
Student Success Practices
Foundation Stage
Master Core Economic & Quantitative Fundamentals- (Semester 1-2)
Focus intensively on understanding Microeconomics, Mathematical Methods, and Statistics. These subjects form the bedrock for all advanced economic studies. Regularly solve problems, review concepts, and ensure conceptual clarity before moving to new topics. Utilize office hours with professors.
Tools & Resources
Textbooks (e.g., Mankiw for Micro, Chiang for Math), Online platforms like Khan Academy for concepts, Practice problems from past university papers
Career Connection
Strong fundamentals are essential for cracking competitive exams (UPSC, RBI Grade B) and for entry-level analyst roles in financial services or research firms requiring analytical thinking.
Cultivate Data Handling Skills Early- (Semester 1-2)
Actively engage with the Statistics for Economics and Skill Enhancement Course (Data Analysis with Excel) modules. Beyond theoretical knowledge, focus on practical application of statistical tools for data interpretation and visualization. Participate in workshops on data tools.
Tools & Resources
Microsoft Excel, Basic statistical software (R/Python if self-taught), Publicly available datasets (e.g., from NITI Aayog, World Bank)
Career Connection
This skill is crucial for roles like Data Analyst, Business Analyst, or Market Research Associate, where data-driven decision making is paramount in the Indian job market.
Develop Academic Writing and Presentation Skills- (Semester 1-2)
Actively participate in class discussions, submit well-structured assignments, and practice presenting ideas clearly. Seek feedback on writing style and presentation delivery. Join college clubs focused on debating or public speaking to hone these abilities.
Tools & Resources
Academic writing guides, Peer review sessions, Toastmasters International (if available)
Career Connection
Effective communication is vital for all professional roles, from report writing for policy briefs to presenting research findings in corporate settings or higher academic pursuits.
Intermediate Stage
Engage in Relevant Internships- (Semester 3-4 (especially around the mandatory internship in Semester 3))
Actively seek and complete the mandatory internship with a focus on gaining practical exposure in economic research, finance, or policy. Choose an organization that aligns with your career interests (e.g., think tanks, banks, consulting firms). Document your learning and network with professionals.
Tools & Resources
College placement cell, LinkedIn, Naukri.com, Personal network
Career Connection
Internships provide real-world experience, build industry contacts, and often lead to pre-placement offers, significantly boosting employability in the Indian market.
Deepen Econometrics and Software Proficiency- (Semester 3-5)
Go beyond basic econometrics theory by actively applying concepts using statistical software like R, Python, or Stata. Work on mini-projects to analyze economic datasets. Participate in hackathons or data challenges focused on economic data.
Tools & Resources
RStudio, Python (Pandas, NumPy, Scikit-learn), Stata, Udemy/Coursera courses on applied econometrics
Career Connection
Proficiency in econometric software is a highly sought-after skill for roles in economic modeling, quantitative analysis, and research in financial services, government, and academia in India.
Explore Electives for Niche Specialization- (Semester 5)
Strategically choose Discipline Specific Electives (DSEs) based on your career aspirations. If you are interested in finance, pick Financial Economics and Game Theory; if in policy, choose Public Economics and Development Economics. Supplement with self-study in these areas.
Tools & Resources
Elective course materials, Specialized journals/magazines (e.g., Economic and Political Weekly for India), Online forums
Career Connection
Focused elective choices demonstrate specialized knowledge to potential employers or for specific postgraduate programs, giving you an edge in competitive job markets or university admissions.
Advanced Stage
Undertake a Robust Research Project- (Semester 6)
Dedicate significant effort to the final year Project Work. Choose a relevant, contemporary economic issue, conduct thorough research, apply appropriate methodologies, and present findings professionally. Aim for a publication or presentation in a student conference.
Tools & Resources
Academic databases (JSTOR, Google Scholar), Statistical software for analysis, Faculty mentorship
Career Connection
A strong research project showcases analytical ability, independent thinking, and problem-solving skills - highly valued attributes for research roles, think tanks, and top universities for Master''''s programs.
Prepare Holistically for Placements & Higher Studies- (Semester 6)
Start preparing for placement interviews and entrance exams (UPSC CSE, RBI, CAT, GRE, GMAT) early. Focus on logical reasoning, quantitative aptitude, and current affairs. Practice mock interviews and group discussions. Refine your CV/resume highlighting economic skills.
Tools & Resources
Coaching institutes, Online test series, Company-specific interview prep materials, Career services cell
Career Connection
This stage is critical for securing desired employment or admission to prestigious postgraduate programs, ensuring a smooth transition into your chosen career path.
Build a Professional Network- (Semester 5-6)
Attend industry seminars, workshops, and alumni meets. Connect with economists, financial professionals, and policy makers on platforms like LinkedIn. Seek mentorship and advice from individuals working in your target fields to understand industry trends and job market expectations in India.
Tools & Resources
LinkedIn, College alumni network, Industry events
Career Connection
Networking opens doors to hidden job opportunities, provides valuable career guidance, and can be instrumental in securing referrals and mentorship for long-term career growth.
Program Structure and Curriculum
Eligibility:
- Pass in PUC / 10 + 2 (Karnataka) or equivalent. Admission is based on academic merit.
Duration: 3 years / 6 semesters
Credits: 120 Credits
Assessment: Internal: 40%, External: 60%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BSHEN201 | Microeconomics I | Core | 4 | Basic Economic Problems, Demand and Supply Analysis, Elasticity of Demand, Consumer Behavior, Theory of Production, Production Decisions |
| BSHEN202 | Mathematical Methods for Economics I | Core | 4 | Functions and their Applications, Differentiation and its Applications, Optimization, Integration and its Applications, Sequences and Series |
| BSHEN203 | Indian Economy I | Core | 4 | Structure of Indian Economy, Economic Planning in India, Agriculture Sector, Industrial Sector, Service Sector, Economic Reforms |
| BSHEN204 | Statistics for Economics I | Core | 4 | Introduction to Statistics, Data Collection and Presentation, Measures of Central Tendency, Measures of Dispersion, Correlation Analysis, Regression Analysis |
| BSHEN205 | Environmental Science | Compulsory Foundation Course | 2 | Environment Definition and Scope, Natural Resources, Ecosystems, Biodiversity, Environmental Pollution, Environmental Ethics |
| BSHEN206 | Holistic Education | Compulsory Skill Enhancement Course | 2 | Introduction to Holistic Education, Personal Growth, Interpersonal Skills, Critical Thinking, Emotional Intelligence, Stress Management |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BSHEN207 | Microeconomics II | Core | 4 | Market Structures, Perfect Competition, Monopoly, Monopolistic Competition, Oligopoly, Factor Pricing, Welfare Economics |
| BSHEN208 | Mathematical Methods for Economics II | Core | 4 | Matrix Algebra, Determinants, Inverse of a Matrix, Input-Output Analysis, Linear Programming, Game Theory |
| BSHEN209 | Indian Economy II | Core | 4 | Fiscal Policy, Monetary Policy, Inflation, Balance of Payments, Foreign Trade, Poverty and Inequality, Human Development |
| BSHEN210 | Statistics for Economics II | Core | 4 | Probability Theory, Random Variables, Probability Distributions, Sampling Theory, Hypothesis Testing, Chi-Square Test, ANOVA |
| BSHEN211 | Constitution of India | Compulsory Foundation Course | 2 | Salient Features of Indian Constitution, Fundamental Rights, Directive Principles, Union and State Legislature, Judiciary, Emergency Provisions |
| BSHEN212 | Skill Enhancement Course (Open Elective) | Skill Enhancement Course | 2 | Excel Basics, Data Input and Formatting, Formulas and Functions, Data Visualization, Data Analysis Tools, Pivot Tables |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BSHEN213 | Macroeconomics I | Core | 4 | National Income Accounting, Classical Theory of Employment, Keynesian Theory of Income and Employment, Consumption Function, Investment Function, Multiplier and Accelerator |
| BSHEN214 | History of Economic Thought | Core | 4 | Mercantilism, Physiocracy, Classical School, Marxian Economics, Neo-Classical School, Keynesian Revolution, Modern Economic Thought |
| BSHEN215 | International Economics I | Core | 4 | Theories of International Trade, Gains from Trade, Terms of Trade, Trade Barriers, Free Trade vs Protection, Balance of Payments |
| BSHEN216 | Introduction to Econometrics | Core | 4 | Basic Econometrics, Simple Linear Regression, Multiple Regression, OLS Assumptions, Hypothesis Testing, Dummy Variables, Violations of Assumptions |
| BSHEN217 | Internship (Mandatory) | Project/Internship | 4 | Practical exposure, Project Report, Presentation, Industry experience, Data collection, Analysis |
| BSHEN218 | Skill Enhancement Course (Open Elective) | Skill Enhancement Course | 2 | Investment Environment, Risk and Return, Equity Valuation, Bond Valuation, Portfolio Management, Mutual Funds |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BSHEN219 | Macroeconomics II | Core | 4 | Money and Banking, Central Banking, Monetary Policy, Inflation, Unemployment, Business Cycles, Open Economy Macroeconomics |
| BSHEN220 | Public Economics I | Core | 4 | Role of Government, Public Goods, Externalities, Public Revenue, Taxation Principles, Tax System in India, Public Expenditure |
| BSHEN221 | International Economics II | Core | 4 | Foreign Exchange Market, Exchange Rate Regimes, International Monetary System, Trade Policies, WTO, Regional Trade Agreements |
| BSHEN222 | Applied Econometrics | Core | 4 | Time Series Analysis, Panel Data Models, Limited Dependent Variable Models, Instrumental Variables, Forecasting, Software Applications (R/Stata) |
| BSHEN223 | Skill Enhancement Course (Open Elective) | Skill Enhancement Course | 2 | Entrepreneurial Process, Business Plan, Startup Funding, Marketing Strategies, Legal Aspects of Business, Innovation |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BSHEN224 | Development Economics I | Core | 4 | Concepts of Economic Development, Theories of Economic Growth, Poverty, Inequality, Human Capital, Population and Development |
| BSHEN225 | Monetary Economics | Core | 4 | Money Supply and Demand, Theories of Money, Inflation, Monetary Policy Tools, Central Bank Independence, International Monetary Issues |
| BSHEN226 | Financial Economics | Core | 4 | Financial Markets, Financial Instruments, Risk and Return, Portfolio Theory, Efficient Market Hypothesis, Options and Futures |
| BSHEN227 | Discipline Specific Elective 1 | Elective | 4 | Introduction to Behavioral Economics, Heuristics and Biases, Prospect Theory, Intertemporal Choice, Nudges, Behavioral Finance |
| BSHEN228 | Discipline Specific Elective 2 | Elective | 4 | Introduction to Game Theory, Nash Equilibrium, Extensive Form Games, Repeated Games, Cooperative Games, Applications of Game Theory |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BSHEN229 | Development Economics II | Core | 4 | Development Planning, Role of State, Foreign Aid, Trade and Development, Sustainable Development, Globalisation, Institutions and Development |
| BSHEN230 | Public Economics II | Core | 4 | Budgeting, Fiscal Federalism, Public Debt, Fiscal Policy, Taxation and Income Distribution, Cost-Benefit Analysis |
| BSHEN231 | Project Work | Project | 4 | Research Design, Data Collection, Data Analysis, Report Writing, Presentation, Research Ethics |
| BSHEN232 | Discipline Specific Elective 3 | Elective | 4 | Role of Agriculture in India, Agricultural Policy, Crop Insurance, Food Security, Agricultural Marketing, Farm Management |
| BSHEN233 | Discipline Specific Elective 4 | Elective | 4 | Market Structure, Firm Behavior, Industrial Policies, Mergers and Acquisitions, Competition Policy, Innovation |
