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BA in Economics at University of Mysore
Mysuru, Karnataka
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About the Specialization
What is Economics at University of Mysore Mysuru?
This Economics program at University of Mysore focuses on providing a comprehensive understanding of economic principles, theories, and their application to real-world scenarios, with a special emphasis on the Indian economy. It prepares students for analytical roles in government, banking, and research sectors, addressing the growing demand for skilled economic analysts in India.
Who Should Apply?
This program is ideal for fresh graduates with a keen interest in understanding economic systems, public policy, and market dynamics. It also caters to those aspiring for civil services, further studies in economics, or careers in economic research and financial analysis. Strong analytical and quantitative skills are beneficial prerequisites.
Why Choose This Course?
Graduates of this program can expect to pursue diverse career paths in India, including roles as economic analysts, data scientists, policy researchers, and financial consultants. Entry-level salaries typically range from INR 3-5 LPA, with significant growth potential up to INR 10-15 LPA for experienced professionals in leading Indian companies and government organizations.
Student Success Practices
Foundation Stage
Build Strong Theoretical Foundations- (Semester 1-2)
Focus on thoroughly understanding core micro and macroeconomic theories taught in the initial semesters. Actively participate in tutorials and doubt-clearing sessions, and solve problems from textbooks to solidify your grasp on fundamental concepts. This strong base is crucial for advanced subjects and competitive exams.
Tools & Resources
NCERT Economics books (Class XI & XII), Standard textbooks (Mankiw, Samuelson), Online tutorials on basic economic concepts
Career Connection
A strong theoretical base is essential for passing entrance exams for postgraduate studies and competitive exams like UPSC, which often test foundational economic knowledge. It also underpins all analytical roles.
Develop Academic Writing and Communication Skills- (Semester 1-2)
Actively engage with AECC courses to enhance your language proficiency. Practice essay writing, summarizing economic articles, and delivering short presentations. Join college debate clubs or economics forums to improve articulation and critical thinking. Clear communication is vital in any professional field.
Tools & Resources
Grammarly, Purdue OWL (Online Writing Lab), Toastmasters International (for public speaking)
Career Connection
Effective communication and writing skills are highly valued in research, policy analysis, and corporate roles for drafting reports, presentations, and interacting with stakeholders.
Engage in Peer Learning and Discussion Groups- (Semester 1-2)
Form study groups with classmates to discuss complex economic theories, solve problem sets, and prepare for exams. Teaching concepts to others helps reinforce your own understanding. Collaborative learning can expose you to different perspectives and problem-solving approaches.
Tools & Resources
College library study rooms, WhatsApp groups for academic discussions, Online collaboration tools
Career Connection
Developing teamwork and collaborative problem-solving skills is critical for success in any organizational setting, enhancing your employability and performance in team-based projects.
Intermediate Stage
Master Quantitative and Data Analysis Tools- (Semester 3-5)
Beyond theoretical understanding, focus on mastering statistical and mathematical methods for economics. Take advantage of SEC courses like Data Analysis. Learn software like Excel, R, or Python for statistical computing. Practice with real economic datasets available from government sources like MOSPI or RBI.
Tools & Resources
Microsoft Excel, RStudio (for R programming), Python (with libraries like Pandas, NumPy, Matplotlib), Kaggle for datasets
Career Connection
Strong quantitative skills are highly sought after by economic research firms, financial institutions, and data analytics roles in India, significantly boosting internship and placement prospects.
Seek Out Research and Project Opportunities- (Semester 3-5)
Actively look for opportunities to work on minor research projects with faculty members. This could involve assisting with data collection, literature review, or basic analysis. Participate in department seminars and workshops to expand your knowledge beyond the curriculum.
Tools & Resources
University''''s research centers, JSTOR/Google Scholar for academic papers, EndNote/Zotero for referencing
Career Connection
Early research exposure provides practical experience, enhances critical thinking, and is invaluable for students considering higher studies (MA/PhD) or research-oriented careers. It also strengthens your CV.
Network and Attend Economic Events- (Semester 3-5)
Attend economics conferences, workshops, and guest lectures organized by the university or other institutions in Mysuru and Bengaluru. Network with professors, researchers, and professionals. Join the economics association or club in your college to organize and participate in relevant events.
Tools & Resources
LinkedIn, Professional economic associations (e.g., Indian Economic Association), University event calendars
Career Connection
Networking opens doors to internship and job opportunities, provides insights into various career paths, and helps in building professional connections that can be beneficial throughout your career.
Advanced Stage
Undertake a Significant Internship/Project- (Semester 5-6)
Secure an internship in an economic research organization, government department, bank, or consultancy firm. Actively apply your classroom knowledge to real-world problems. For your final year project/dissertation, choose a topic that aligns with your career interests and demonstrates analytical rigor.
Tools & Resources
Internshala, Naukri.com, University placement cell
Career Connection
Internships are crucial for gaining practical experience and often lead to pre-placement offers. A strong final year project showcases your ability to conduct independent research and apply complex economic concepts, which is vital for placements and higher education.
Prepare for Post-Graduation Pathways- (Semester 5-6)
Decide on your post-BA plan early: higher studies (MA Economics, MBA), civil services, or direct placement. If aiming for MA, begin preparing for entrance exams like JAM, GATE (Humanities), or university-specific tests. If civil services, start with general studies. For placements, hone interview and aptitude skills.
Tools & Resources
Online coaching platforms for competitive exams, Previous year question papers, Career counseling services
Career Connection
Proactive preparation for your chosen pathway significantly increases your chances of success, whether it''''s securing admission to a top MA program, clearing competitive exams, or landing a desirable job.
Develop Specialized Knowledge and Portfolio- (Semester 5-6)
Deepen your knowledge in specific areas of economics through DSE subjects. If interested in a particular field (e.g., development, finance, econometrics), take online courses or certifications. Create a portfolio of your research papers, projects, and data analysis assignments to showcase your skills to potential employers or universities.
Tools & Resources
Coursera/edX (for specialized courses), LinkedIn Learning, GitHub (for code-based projects)
Career Connection
Specialized knowledge makes you a more competitive candidate. A well-curated portfolio acts as tangible evidence of your skills, differentiating you in the job market for advanced analytical roles or for admission to specialized postgraduate programs.
Program Structure and Curriculum
Eligibility:
- Pass in 10+2 / PUC II / any equivalent examination from a recognized board.
Duration: 6 semesters / 3 years
Credits: 134 (for Honours/Research Track, 120 for exit options) Credits
Assessment: Internal: 40%, External: 60%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAEC101 | Principles of Microeconomics - I | Major Core | 4 | Introduction to Economics, Demand and Supply, Consumer Behaviour, Production and Cost, Market Structures |
| AECC101 | Kannada / English (MIL) | Ability Enhancement Compulsory Course | 2 | Language Grammar, Literary Texts, Communication Skills, Essay Writing, Comprehension |
| SEC101 | Basic Computer Skills | Skill Enhancement Course | 2 | Fundamentals of Computers, Operating Systems, Word Processing, Spreadsheet Applications, Internet and Email |
| OE101 | Open Elective - I | Open Elective | 3 | Choice based on other departments offerings |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAEC201 | Principles of Microeconomics - II | Major Core | 4 | Factor Pricing, Welfare Economics, Market Failures, Public Goods, Asymmetric Information |
| AECC201 | Kannada / English (MIL) | Ability Enhancement Compulsory Course | 2 | Advanced Language Skills, Creative Writing, Critical Reading, Presentation Skills, Cultural Context |
| SEC201 | Entrepreneurship Development | Skill Enhancement Course | 2 | Concept of Entrepreneurship, Business Planning, Sources of Finance, Marketing Strategies, Legal Aspects of Business |
| OE201 | Open Elective - II | Open Elective | 3 | Choice based on other departments offerings |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAEC301 | Indian Economy | Major Core | 4 | Features of Indian Economy, Economic Reforms, Poverty and Inequality, Agriculture Sector, Industrial and Service Sectors |
| BAEC302 | Statistical Methods for Economics | Major Core | 4 | Data Collection and Presentation, Measures of Central Tendency, Measures of Dispersion, Correlation and Regression, Index Numbers |
| SEC301 | Data Analysis for Economic Decisions | Skill Enhancement Course | 2 | Introduction to Data Analysis Software, Data Visualization, Basic Econometric Concepts, Interpretation of Economic Data, Report Writing |
| OE301 | Open Elective - III | Open Elective | 3 | Choice based on other departments offerings |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAEC401 | Public Economics | Major Core | 4 | Role of Government, Public Expenditure, Taxation, Public Debt, Fiscal Policy |
| BAEC402 | Development Economics | Major Core | 4 | Concepts of Development, Theories of Economic Growth, Poverty and Inequality, Human Capital, Sustainable Development |
| SEC401 | Financial Literacy and Banking | Skill Enhancement Course | 2 | Personal Finance Management, Banking Services, Investment Basics, Insurance Concepts, Digital Payments |
| OE401 | Open Elective - IV | Open Elective | 3 | Choice based on other departments offerings |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAEC501 | Principles of Macroeconomics - I | Major Core | 4 | National Income Accounting, Classical and Keynesian Theories, Consumption and Investment, Money and Inflation, Monetary Policy |
| BAEC502 | Mathematical Methods for Economics | Major Core | 4 | Basic Algebra and Calculus, Optimization Techniques, Matrix Algebra, Differential Equations, Linear Programming |
| DSE501 | Environmental Economics | Discipline Specific Elective | 3 | Environment and Economy, Pollution Control, Resource Economics, Climate Change, Sustainable Development Policies |
| DSE502 | Agricultural Economics | Discipline Specific Elective | 3 | Role of Agriculture in India, Farm Management, Agricultural Marketing, Agricultural Finance, Food Security |
| BAEC503 | Economics Project Work / Internship | Project/Internship | 4 | Research Methodology, Data Collection and Analysis, Report Writing, Presentation Skills, Application of Economic Theories |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAEC601 | Principles of Macroeconomics - II | Major Core | 4 | IS-LM Model, Aggregate Demand and Supply, Business Cycles, Open Economy Macroeconomics, Exchange Rates |
| BAEC602 | International Economics | Major Core | 4 | Theories of International Trade, Terms of Trade, Balance of Payments, Exchange Rate Regimes, International Economic Organizations |
| DSE601 | Econometrics | Discipline Specific Elective | 3 | Basic Econometric Model, Ordinary Least Squares, Assumption Violations, Dummy Variables, Time Series Econometrics |
| DSE602 | Industrial Economics | Discipline Specific Elective | 3 | Industrial Structure, Market Concentration, Industrial Location, Industrial Policies in India, Mergers and Acquisitions |
| BAEC603 | Research Project / Dissertation | Project | 4 | Advanced Research Design, Literature Review, Empirical Analysis, Academic Writing, Viva Voce |
