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BA in Economics at University of Lucknow
Lucknow, Uttar Pradesh
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About the Specialization
What is Economics at University of Lucknow Lucknow?
This Economics program at University of Lucknow focuses on building a strong foundation in micro, macro, and applied economics as per NEP 2020. It integrates theoretical understanding with quantitative and research skills, preparing students for analytical roles. The curriculum covers pressing Indian economic issues and global trends, fostering critical thinking relevant to the nation''''s evolving economic landscape.
Who Should Apply?
This program is ideal for 10+2 graduates with a keen interest in economic phenomena and analytical problem-solving. It suits aspiring researchers, policy analysts, financial professionals, and those aiming for civil services. The program also benefits individuals looking to pursue higher studies in economics or related fields, offering a robust theoretical and practical base for diverse career paths.
Why Choose This Course?
Graduates of this program can expect strong career prospects in both the public and private sectors in India. Common paths include economic analyst, research associate, data analyst, or roles in banking and finance. Entry-level salaries typically range from INR 3-5 LPA, with experienced professionals earning INR 8-15+ LPA. It also serves as an excellent foundation for competitive exams and postgraduate studies.
Student Success Practices
Foundation Stage
Master Core Economic Concepts- (Semester 1-2)
Focus intensely on understanding fundamental Microeconomics and Macroeconomics principles. Utilize textbooks, engage in classroom discussions, and solve numerical problems consistently to build a strong analytical base for advanced studies.
Tools & Resources
NCERT Economics books, Standard textbooks, Khan Academy, Peer study groups
Career Connection
A solid conceptual foundation is crucial for all future economic studies and competitive exams like UPSC, RBI Grade B, or IES.
Develop Quantitative and Statistical Skills- (Semester 1-3)
Actively participate in ''''Statistical Methods for Economics'''' and ''''Computer Application in Economics'''' courses. Practice data entry, calculation of measures of central tendency, dispersion, correlation, and basic regression using software. This forms the bedrock for econometrics.
Tools & Resources
MS Excel, R/Python (basic) tutorials, NCERT Statistics book, Practice datasets
Career Connection
These skills are highly sought after by data analytics firms, research institutions, and financial companies in India.
Engage with Indian Economic Issues- (Semester 1-3)
Supplement textbook knowledge with current affairs related to the Indian economy. Read financial newspapers like The Economic Times or Business Standard, and government reports (e.g., Economic Survey) to connect theory with real-world scenarios.
Tools & Resources
The Economic Times, Business Standard, RBI website, NITI Aayog reports
Career Connection
Develops contextual understanding vital for policy analysis, civil services, and economic journalism roles specific to India.
Intermediate Stage
Undertake Research Methodology Training- (Semester 3-4)
Thoroughly grasp research design, data collection, and sampling techniques taught in the ''''Research Methodology'''' course. Initiate small-scale research projects or case studies to apply theoretical knowledge and refine research skills.
Tools & Resources
JSTOR (university access), Google Scholar, SurveyMonkey (free tier), Reference Management Software
Career Connection
Prepares students for academic research, consulting roles, and the Major Research Project in later semesters, enhancing analytical rigor.
Build Specialization through Electives- (Semester 5-6 (as electives start))
Carefully choose Discipline Specific Electives (DSEs) based on career interests (e.g., Agricultural Economics, Financial Economics). Deep dive into these chosen areas through additional reading and related certifications, if available.
Tools & Resources
Online courses (Coursera, edX) related to DSEs, Specialized journals, Industry reports
Career Connection
Develops a niche expertise, making graduates more attractive to specific industry segments and facilitating focused career planning.
Participate in Economic Competitions and Seminars- (Semester 3-5)
Actively participate in college-level or inter-university economic debates, essay competitions, and seminars. Present findings or views on contemporary economic topics to improve public speaking and critical analysis.
Tools & Resources
Departmental societies, University events calendar, Online economics forums
Career Connection
Enhances soft skills, networking opportunities, and confidence, critical for interviews and professional advancement.
Advanced Stage
Leverage Internship for Practical Exposure- (Semester 5 (Internship Period))
Secure a relevant internship during semester breaks or as part of the Internship/Project Based Learning in Semester 5. Seek opportunities with NGOs, research firms, government departments, or financial institutions to apply classroom learning.
Tools & Resources
University career cell, LinkedIn, Internshala, Naukri.com
Career Connection
Provides invaluable work experience, industry contacts, and often leads to pre-placement offers, significantly boosting employability.
Excel in Major Research Project- (Semester 6)
Undertake the Major Research Project in Semester 6 with utmost dedication. Choose a topic aligned with your career aspirations, conduct rigorous data analysis using statistical software, and produce a high-quality academic report.
Tools & Resources
R/Python/SPSS, Statistical textbooks, Faculty mentorship, Plagiarism check software
Career Connection
Showcases independent research capability, a key requirement for advanced academic pursuits and analytical roles in consulting or policy research.
Prepare for Post-Graduation and Placements- (Semester 5-6)
Start preparing early for competitive entrance exams for Master''''s programs (e.g., GATE, UGC NET, GRE) or specific company placement drives. Focus on interview skills, resume building, and mock tests for quantitative aptitude and economics knowledge.
Tools & Resources
Career guidance cells, Online test series, Placement agencies, Alumni network
Career Connection
Maximizes chances for admission to top Indian and international universities or securing desirable positions in corporate and government sectors.
Program Structure and Curriculum
Eligibility:
- Intermediate (10+2) or equivalent examination with minimum 40% marks in aggregate from U.P. Board/CBSE or equivalent.
Duration: 3 Years (6 Semesters)
Credits: 82 (Major Economics & Allied Courses) Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A010101T | Microeconomics I | Discipline Specific Core (Core) | 4 | Introduction to Economics, Consumer Behavior, Theory of Production, Theory of Cost, Market Structures |
| V010101T | Swasthya evam Yoga | Value Added Course | 2 | Concept of Health, Ayurveda and Yoga, Asana and Pranayama, Yogic Diet, Stress Management |
| C010101T | Co-Curricular Course I | Co-Curricular Course | 2 | Sports and Physical Fitness, Cultural Activities, Community Service, Teamwork, Leadership Skills |
| L010101T | Communication Skills & Personality Development | Language Course | 2 | Fundamentals of Communication, Verbal and Non-verbal Communication, Listening Skills, Presentation Skills, Personality Traits |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A010201T | Macroeconomics I | Discipline Specific Core (Core) | 4 | Introduction to Macroeconomics, National Income Accounting, Theories of Employment and Output, Money and Banking, Inflation and Deflation |
| S010201T | Statistical Methods for Economics | Skill Enhancement Course | 2 | Data Collection and Presentation, Measures of Central Tendency, Measures of Dispersion, Correlation Analysis, Regression Analysis |
| V010201T | Anusandhan Parampara | Value Added Course | 2 | Indian Knowledge Systems, Traditional Sciences, Art and Culture, Ancient Indian Wisdom, Contribution to Humanity |
| C010201T | Co-Curricular Course II | Co-Curricular Course | 2 | Environmental Awareness, Health and Hygiene, Disaster Management, Civic Responsibility, Social Harmony |
| L010201T | Digital Marketing | Language Course | 2 | Introduction to Digital Marketing, Search Engine Optimization (SEO), Social Media Marketing, Content Marketing, Email Marketing |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A010301T | Indian Economy | Discipline Specific Core (Core) | 4 | Structure of Indian Economy, Agricultural Sector, Industrial Sector, Service Sector, Economic Reforms in India |
| A010302T | Microeconomics II | Discipline Specific Core (Core) | 4 | Welfare Economics, General Equilibrium Analysis, Market Failures, Public Goods and Externalities, Asymmetric Information |
| S010301T | Computer Application in Economics | Skill Enhancement Course | 2 | MS Excel for Economic Data, Data Analysis Tools, Internet for Economic Research, Presentation Software, Basics of Statistical Software |
| V010301T | Environmental Studies | Value Added Course | 2 | Ecosystems and Biodiversity, Environmental Pollution, Natural Resources Management, Climate Change, Environmental Ethics |
| C010301T | Co-Curricular Course III | Co-Curricular Course | 2 | Ethics and Values, National Integration, Human Rights, Gender Sensitization, Constitutional Values |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A010401T | Macroeconomics II | Discipline Specific Core (Core) | 4 | Business Cycles, Fiscal Policy, Monetary Policy, International Trade Theories, Balance of Payments |
| A010402T | Development Economics | Discipline Specific Core (Core) | 4 | Concepts of Economic Development, Theories of Economic Growth, Poverty and Inequality, Human Development Index, Sustainable Development Goals |
| S010401T | Research Methodology | Skill Enhancement Course | 2 | Fundamentals of Research, Research Design, Data Collection Methods, Sampling Techniques, Hypothesis Testing |
| V010401T | Entrepreneurship Development | Value Added Course | 2 | Concept of Entrepreneurship, Business Idea Generation, Business Plan Development, Funding and Marketing, Legal Aspects of Business |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A010501T | Public Economics | Discipline Specific Core (Core) | 4 | Role of Government in the Economy, Public Expenditure, Taxation and Fiscal Policy, Public Debt, Fiscal Federalism |
| A010502T | Quantitative Methods for Economics | Discipline Specific Core (Core) | 4 | Differential Calculus for Economics, Integral Calculus for Economics, Matrix Algebra, Optimization Techniques, Linear Programming |
| E010501T | Discipline Specific Elective (DSE) 1 | Elective | 4 | Agricultural Economics: Production, Marketing, Finance, Policy, Industrial Economics: Market Structure, Growth, Finance, Policy, Labour Economics: Market, Wages, Employment, Trade Unions, Environmental Economics: Problems, Valuation, Policy, Sustainability, Demography: Population Theories, Composition, Growth, Migration |
| S010501T | Data Analysis using Statistical Software | Skill Enhancement Course | 2 | Introduction to R/SPSS/E-views, Data Input and Management, Descriptive Statistics, Inferential Statistics and Hypothesis Testing, Regression Analysis using Software |
| P010501T | Internship/Project Based Learning | Internship/Project | 2 | Practical Application of Economic Theories, Real-world Data Collection, Problem Solving in Economic Contexts, Report Writing, Presentation of Findings |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A010601T | International Economics | Discipline Specific Core (Core) | 4 | Theories of International Trade, Tariffs and Non-Tariff Barriers, Exchange Rate Regimes, Balance of Payments Adjustment, International Financial Institutions |
| A010602T | Econometrics | Discipline Specific Core (Core) | 4 | Simple Linear Regression Model, Multiple Regression Analysis, Assumptions of OLS, Dummy Variables, Time Series Analysis |
| E010601T | Discipline Specific Elective (DSE) 2 | Elective | 4 | Financial Economics: Markets, Instruments, Risk, Investment, Rural Economics: Development, Poverty, Migration, Credit, Urban Economics: Urbanization, Housing, Infrastructure, Planning, Health Economics: Healthcare Systems, Demand for Health, Financing, Gender Economics: Inequality, Labour Force, Poverty, Policy |
| S010601T | Basics of Financial Management | Skill Enhancement Course | 2 | Understanding Financial Statements, Investment Decisions, Working Capital Management, Capital Budgeting Techniques, Sources of Finance |
| P010601T | Major Research Project | Project | 4 | Formulation of Research Question, Literature Review, Methodology and Data Analysis, Interpretation of Results, Academic Report Writing |
