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B-A in Economics at Vishveshwar Dayal Mahavidyalaya
Sitapur, Uttar Pradesh
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About the Specialization
What is Economics at Vishveshwar Dayal Mahavidyalaya Sitapur?
This Economics program at Vishveshwar Dayal Mahavidyalaya, affiliated with CSJM University, focuses on equipping students with a robust understanding of economic principles, policies, and their real-world applications. It is crucial for understanding India''''s complex economic landscape, from rural development to global trade dynamics, and is central to policy-making, business strategy, and societal welfare. The program lays a strong analytical foundation for diverse career paths in the Indian market.
Who Should Apply?
This program is ideal for 10+2 graduates with an interest in analytical thinking, problem-solving, and understanding societal resource allocation. It suits individuals aspiring to careers in government, banking, research, or academia, as well as those looking to pursue higher education in economics, management, or public policy. No specific prerequisite background beyond basic analytical aptitude is required, making it accessible to a wide range of students.
Why Choose This Course?
Graduates of this program can expect to pursue India-specific career paths in government services (UPSC, state PSCs), banking and finance, economic journalism, or research roles in think tanks. Entry-level salaries in these fields typically range from INR 3-6 lakhs per annum, with significant growth potential for experienced professionals. The analytical and critical thinking skills developed are highly valued across various industries in India, offering strong career trajectories.
Student Success Practices
Foundation Stage
Master Core Micro and Macro Concepts- (Semester 1-2)
Dedicate time to thoroughly understand fundamental economic theories covered in Micro and Macro Economics. Utilize textbooks, online lectures (e.g., NPTEL, Swayam), and peer study groups to clarify concepts. Focus on building strong theoretical foundations and graphical analysis.
Tools & Resources
Standard Economics Textbooks (Mankiw, Dornbusch, Samuelson), NPTEL/Swayam Economics Courses, Peer Study Groups
Career Connection
A strong grasp of fundamentals is crucial for higher studies, competitive exams (UPSC, RBI), and analytical roles in any economic field.
Develop Quantitative Reasoning Skills- (Semester 1-2)
Start early with basic mathematics and statistics essential for economics. Practice problem-solving regularly, even before specific quantitative papers are introduced. Focus on logical reasoning and data interpretation skills through exercises and online puzzles.
Tools & Resources
Khan Academy for basic math, NCERT Mathematics books (Class 11-12), Online quantitative aptitude tests
Career Connection
Quantitative skills are vital for economic modeling, data analysis, and highly valued in roles in finance, research, and data science.
Cultivate Current Affairs Awareness- (Semester 1-2)
Regularly read reputable economic newspapers (e.g., The Economic Times, Business Standard) and magazines. Follow economic news and government policy announcements to connect theoretical knowledge with real-world Indian economic scenarios. Participate in college debates or discussions on current economic issues.
Tools & Resources
The Economic Times, Business Standard, Mint, Yojana/Kurukshetra magazines (Government Publications)
Career Connection
Essential for competitive exams, policy analysis roles, and staying informed for interviews in any sector.
Intermediate Stage
Apply Economic Concepts to Indian Context- (Semester 3-4)
Focus on applying theoretical frameworks to analyze the Indian economy. Participate in projects or presentations that require in-depth study of sectors like agriculture, industry, or services in India. Analyze government policies like GST, Demonetisation, or Make in India from an economic perspective.
Tools & Resources
Economic Survey of India, Union Budget documents, NITI Aayog reports
Career Connection
Develops a critical understanding of national challenges, highly beneficial for civil services, policy research, and development sector jobs in India.
Enhance Statistical and Data Analysis Skills- (Semester 3-5)
Engage deeply with Elementary Statistics for Economics. Learn basic data analysis software (like MS Excel, R, or Python for beginners). Practice interpreting statistical data, charts, and graphs. Work on minor projects involving real economic datasets.
Tools & Resources
MS Excel, Introductory R/Python tutorials (Datacamp, Coursera), Reserve Bank of India (RBI) data releases
Career Connection
Prepares for data analyst roles, market research, and strengthens analytical abilities crucial for advanced studies and research.
Explore Internship Opportunities- (Semester 3-5)
Seek short-term internships or volunteer experiences with local NGOs, research organizations, or small businesses in Sitapur or nearby cities. Focus on roles that involve data collection, basic analysis, or report writing. Even informal opportunities provide invaluable practical exposure.
Tools & Resources
College placement cell, Online platforms (Internshala, LinkedIn), Local business directories
Career Connection
Gains practical experience, builds professional networks, and helps clarify career interests before graduation.
Advanced Stage
Undertake a Research Project/Dissertation- (Semester 6)
Take the Semester 6 Research Project seriously. Choose a topic of genuine interest, ideally related to Indian economic issues. Master research methodology, data collection techniques, and academic writing. Seek guidance from faculty and present findings confidently.
Tools & Resources
Academic research journals, Statistical software (SPSS, R), University library databases
Career Connection
Showcases independent research capability, a key skill for postgraduate studies, research roles, and analytical positions.
Intensive Preparation for Competitive Exams- (Semester 5-6)
If aiming for civil services (UPSC), RBI Grade B, or other government jobs, begin intensive preparation. Enroll in coaching classes if feasible, or rigorously follow self-study plans. Focus on General Studies, current affairs, and specific Economics modules required for these exams.
Tools & Resources
Previous year question papers, Reputable coaching institutes, Online test series
Career Connection
Directly targets high-demand government jobs with stable careers and significant impact.
Network and Career Planning- (Semester 5-6)
Attend career counseling sessions, alumni talks, and industry webinars. Network with alumni and professionals through platforms like LinkedIn. Prepare a strong resume and practice interview skills, focusing on articulating economic concepts and their real-world implications. Consider post-graduate options like MA Economics or MBA.
Tools & Resources
LinkedIn, University alumni network, Career counseling services
Career Connection
Facilitates informed career decisions, opens doors to job opportunities, and builds a professional support system.
Program Structure and Curriculum
Eligibility:
- Intermediate (10+2) examination or equivalent from a recognized board, as per CSJM University norms.
Duration: 3 years (6 semesters)
Credits: Varies based on Major/Minor/Vocational subject choices (Typically 20-22 credits per semester, with 6 credits per major Economics paper) Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A050101T | Principles of Microeconomics | Core (Major) | 6 | Nature and Scope of Economics, Demand and Supply Analysis, Consumer Behavior Theories, Production and Cost Analysis, Market Structures (Perfect Competition, Monopoly), Factor Pricing |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A050201T | Principles of Macroeconomics | Core (Major) | 6 | National Income Accounting, Theories of Employment (Classical and Keynesian), Consumption and Investment Functions, Money, Banking, and Monetary Policy, Inflation and Deflation, Open Economy Macroeconomics |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A050301T | Indian Economy | Core (Major) | 6 | Structure of Indian Economy, Economic Planning and Reforms, Agriculture and Rural Development, Industry and Service Sector, Poverty, Inequality, and Unemployment in India, Demographic Features and Human Development |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A050401T | Money, Banking and Public Finance | Core (Major) | 6 | Nature and Functions of Money, Commercial and Central Banking, Monetary Policy and Instruments, Public Revenue and Expenditure, Fiscal Policy and Budgeting, Public Debt and Fiscal Federalism |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A050501T | Economics of Growth and Development | Core (Major) | 6 | Concepts of Economic Growth and Development, Theories of Development (Classical, Neoclassical), Poverty, Inequality, and Malnutrition, Role of Capital, Technology, and Human Resources, International Aid and Development Strategies, Sustainable Development Goals |
| A050502T | Elementary Statistics for Economics | Core (Major) | 6 | Data Collection, Classification, and Tabulation, Measures of Central Tendency, Measures of Dispersion, Correlation Analysis, Regression Analysis, Index Numbers and Time Series Analysis |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A050601T | International Economics | Core (Major) | 6 | Theories of International Trade, Terms of Trade and Gains from Trade, Balance of Payments, Foreign Exchange Markets and Exchange Rates, Trade Policy (Tariffs, Quotas), International Economic Organizations (IMF, WTO) |
| A050602T | Mathematical Economics | Core (Major) | 6 | Basic Mathematical Concepts for Economics, Calculus (Differentiation, Integration) in Economics, Optimization Techniques, Matrix Algebra and its Economic Applications, Linear Programming, Difference and Differential Equations in Economics |
| A050603P | Research Project / Dissertation | Project | 6 | Research Methodology, Data Collection and Analysis, Report Writing, Presentation Skills, Independent Economic Research |
