B.A in Economics Course
Know about B.A in Economics Course, Economics Eligibility, Career Options After Economics, Employment Area, Top Recruiting Companies, Economics Salary
Admission EnquiryKnow about B.A in Economics Course, Economics Eligibility, Career Options After Economics, Employment Area, Top Recruiting Companies, Economics Salary
Admission EnquiryFull Form | Bachelor of Arts in Economics |
Degree | Bachelors |
Duration | Course Duration of Bachelor of Arts [BA] (Economics) is 3 Years. |
Age | No Age Limit |
Minimum Percentage | 50% |
Average Fees Incurred | INR 5K - 1 LPA |
Similar Options of Study | B.Sc (Economics), BA (Sociology), BA (Political Science) |
Average Salary Offered | INR 5 - 7 LPA |
Employment Roles | HR Manager, Executive Assistant, Administrative Assistant, Data Analyst, Financial Analyst, Marketing Associate, Senior Business Analyst, Assistant Marketing Manager, Senior Marketing Manager. |
BA in Economics or Bachelor of Arts in Economics is a 3 years undergraduate degree course, followed by learners who seek to make it big in Banking and Finance and other major corporate industries.
The Bachelor of Arts with a specialization in Economics is an undergraduate Honors degree that takes 3 years to complete. It can be done full-time or part-time as per the requirement and preference of the applicants.
The course is designed to prepare students for understanding business management, investments, and utilizing the economy.
B.A. in Economics is an emerging career option. It trains students in methods of analysis, logic, and reasoning with the help of statistics. It also increases their critical thinking ability. It includes finance, wealth, banking, and the stock market due to which students get to know more about the economy. They are able to identify the proper allocation of resources and their efficient use.
Learners who wish to pursue BA in Economics courses should fulfill the subsequent eligibility criteria to get through colleges offering BA in Economics courses,
Semester I | Semester II |
---|---|
Evolution and definition of Economics | Economies of Scale |
Nature & Scope of Economics | Different Concepts of Costs Explicit & Implicit |
Methods of Economics Analysis | Accounting, Opportunity, Total fixed and Variable Costs |
Inductive & Deductive Logic, Merit and Demerits. | Marginal & Average Costs & their relationship |
Utility Demand, Supply | Concept of Revenue |
Commodities and their types | Total, Marginal & Average Revenue |
Value and Price | Break Even Point |
Market | Concept and Classification |
Administered and Non- Administered Prices | Perfect Competition Characteristics |
Demand- Supply equilibrium. | Price and Output Determination for Firm and Industry |
Cardinal (Marshal) and Ordinal Utility | Market Equilibrium |
Approaches to Demand | Characteristics and Price- Output Determination |
Indifference Curve: Consumer equilibrium (Hichs & Slutsky) | Price Discrimination |
Price, Income and Substitution effects | Monopolistic Competition |
Derivation of Demand Curve. | Characteristics Price- Output Determination |
Elasticity of Demand | Factor Pricing |
Price, Income and Cross elasticity | Theory of Marginal Productivity of Distribution |
Consumer Surplus and its measurement. | Concept of Adding up Theorem |
Factors of Production and their Characteristics | Theories of Wages and Rent: Classical and Modern. |
Laws of Production | Interest: Concept, Classical and Keynesian Theories of Interest |
Returns to Factor and Return to Scale | Profit: Net and Gross |
Law of Variable Proportion | Theories of Profit. |
Isoquants Nature and their Characteristics | - |
Producers equilibrium | - |
Semester III | Semester IV |
Structure of Indian Economy - Primary, Secondary & Tertiary Sectors | Infrastructure of Indian Economy |
Natural Resources, Land, Water, Forest | Irrigation, Power, Transport, Communication |
Mineral Resources. | Banking and Insurance. |
Demographic Features | Human Infrastructure of Indian Economy |
Population, Size, Sex, Rural-Urban Classification | Health, Nutrition, Education, Knowledge and Skills |
Population Distribution | Housing and Sanitation. |
Recent National Population Policy. | Planning in India- Objectives, Types, Strategy |
Agriculture: Nature and Importance | Analysis of Current Five- Year Plan. |
Land Use Pattern | Economy- Land, land Utilization Pattern |
Trends in Agriculture Production and Productivity | Natural Resources- Forest, Water & Mineral |
Cropping Pattern. | Agro-Climatic Zones |
Land Reforms: Green Revolution | Demographic Features of M.P. |
Rural Credit | Agricultural Situation in Economy |
Agricultural Marketing | Cropping Pattern |
Mechanization | Production and Productivity of Main Corps, |
Small Scale and Cottage Industries- Meaning, Importance and Problems | Sources of Credit in Agriculture, Irrigation |
Major Industries in India: Iron and Steel, Textile, Sugar, Cement, Automobiles | - |
Semester V | Semester VI |
Macro Variables- Stock and Flow | Public Finance and Public Economics |
Circular Flow of income | Public, Private and Merits Goods |
Concept of National Income- GDP, GNP | Market and State- Role and Functions |
Measurement of National Income and Social Accounting in India | Principle of Maximum Social Advantage |
National Income and Economic Welfare | Sources of Revenue- Taxes, Loans, Grants and Aids |
Classical Theory of Employment | Canons of Taxation |
Keynesian Theory of Employment | Principles of Public Expenditure |
Aggregate Demand and Supply Functions | Principles of Public Debt and Methods of Redaction |
Effective Demand | Wagener’s Law- Increasing Activities |
Consumption Function | Effects of Public Expenditure on Production and Distribution. |
Factors Affecting Consumption | Public Finance in India |
Average and Marginal propensities to consume | Concept and Types of Budget |
Simple Investment | Fiscal Deficit |
Saving Function & Sources of Saving Mobilization | Deficit Financing and Deficit Budget. |
Investment Function | Constitution and Function of Finance Commission |
Marginal Efficiency of Capital | Recommendation of Latest Finance Commission |
Factors Affecting Capital Formation | Latest Budget |
Concept of Accelerator. | The stock of Money and its Measures |
- | Cash Transaction and Cash Balance Approaches |
- | Inflation, Deflation, and Recession |
- | Demand-Pull and Cost-Push Inflation |
- | Bank- Meaning and Types |
- | Objectives and Limitations of Monetary Policy. |
Admissions to BA in Economics are done both founded on merit and based on entrance exams. The entrance exam questions are generally MCQ based but there might be subjective questions as well relying on the syllabus as well as on the college entrance exam pattern.
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Post finalizing BA in Economics students can opt for further examinations such as MA in Economics and PhD in Economics. The eligibility norms for both the courses are several in terms of their level and course configuration.
The most fascinating part of pursuing a BA in Economics course is the job profiles that come along with it.
Career options for economics graduates are many. Some of these are Budget Analyst, Sales Executive, Business Writer, Economist, Market Analyst, Banking, Research Assistant, Professor/Lecturer, etc and there are many more.
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Bachelor of Arts [BA] (Economics) | Entry Level Salary (LPA) | Medium Salary (LPA) | Maximum Salary (LPA) |
---|---|---|---|
Budget Analyst | 2.2 | 3.9 | 8.9 |
Sales Executive | 1.4 | 2 | 6 |
Bank Teller | 1.6 | 3.3 | 7.9 |
Business Writer | 2.2 | 6.2 | 18.2 |
Market Analyst | 2.5 | 6.8 | 20 |
College/University | Location | Avg. Fees Per Year | Admission Open |
---|---|---|---|
Sage University, Indore | Indore | 30000 | Apply Now |
Manav Rachna University, Faridabad | Faridabad | 126000 | Apply Now |
NITTE University | Mangaluru | 49,000 | Apply Now |
Alliance University | Bangalore | 3,50,000 | Apply Now |
Bennett University, Greater Noida | Greater Noida | 4,70,000 | Apply Now |
Woxsen University | Hyderabad | 243333 | Apply Now |
Gokul Global University | Siddhpur | 13,000 | Apply Now |
SDGI Global University | Ghaziabad | 25,000 | Apply Now |