Bachelor of Arts (B.A.) in Economics
*Year 1: Foundational Concepts*
*Semester 1:*
- *Principles of Microeconomics*: Scarcity, demand-supply, consumer behavior, market structures.
- *Mathematics for Economics I*: Algebra, functions, calculus basics.
- *Indian Economy*: Post-independence growth, sectors (agriculture, industry, services).
- *Environmental Economics*: Sustainable development, externalities, resource management.
- *Academic Writing & Communication*: Critical thinking and report writing.
*Semester 2:*
- *Principles of Macroeconomics*: National income, inflation, unemployment, fiscal/monetary policy.
- *Mathematics for Economics II*: Optimization, matrices, differential equations.
- *Statistics for Economics*: Descriptive statistics, probability, correlation.
- *Political Economy*: Capitalism, socialism, globalization, and economic systems.
- *Computer Applications*: Basics of Excel for data handling.
*Year 2: Intermediate Studies*
*Semester 3:*
- *Intermediate Microeconomics*: Utility maximization, production theory, game theory.
- *Intermediate Macroeconomics*: IS-LM model, economic growth theories (Solow, Harrod-Domar).
- *Econometrics I*: Regression analysis, hypothesis testing (OLS method).
- *Development Economics*: Poverty, inequality, human development indicators.
- *Elective I* (e.g., Agricultural Economics or Labor Economics).
*Semester 4:*
- *International Economics*: Trade theories (comparative advantage, Heckscher-Ohlin), balance of payments.
- *Public Economics*: Taxation, public expenditure, welfare economics.
- *Econometrics II*: Time-series analysis, panel data, advanced regression models.
- *Financial Economics*: Markets, risk, portfolio theory.
- *Elective II* (e.g., Health Economics or Urban Economics).
*Year 3: Advanced Specialization*
*Semester 5:*
- *Advanced Microeconomics*: General equilibrium, welfare economics, asymmetric information.
- *Advanced Macroeconomics*: New Keynesian/Classical theories, DSGE models.
- *Monetary Economics*: Central banking, inflation targeting, financial crises.
- *Elective III* (e.g., Environmental Economics or Behavioral Economics).
- *Elective IV* (e.g., Industrial Economics or Gender and Economy).
*Semester 6:*
- *Research Project/Dissertation*: Empirical study (e.g., impact of policy, market trends).
- *Applied Economics*: Case studies in policy evaluation (e.g., GST, MNREGA).
- *Elective V* (e.g., Econometric Modelling or International Finance).
- *Elective VI* (e.g., Economics of Technology or Development Policy).
*Elective Options*
- *Financial Markets & Institutions*
- *Climate Change Economics*
- *Economics of Education*
- *Game Theory & Strategic Behaviour*
- *Economic History*
- *Data Analysis with Python/R*
*Practical & Skill-Based Components*
- *Data Analysis Labs*: Training in Excel, R, Python, STATA, or SPSS.
- *Policy Simulation Exercises*: Using tools like CGE (Computable General Equilibrium) models.
- *Internships*: With banks, NGOs, government bodies (e.g., NITI Aayog, RBI).
- *Workshops*: Report writing, data visualization (Tableau/Power BI), econometric software.
- *Case Competitions*: Solving real-world economic problems (e.g., inflation, unemployment).