Bachelor of Arts in Economics: Eligibility, Syllabus, Course details, Top Colleges

Published by : Step in college

Bachelor of  Arts in Economics is a broadly qualitative and quantitative address to Social Science. The duration is 3 years. The course essentially accepts an investigation of the principle highlight associated with redesign an association's extensive advisability through various methodologies and procedures. The course not just spotlights on the modem that a district faces yet in addition follows the verifiable settings in the molding of the economy.

Bachelor of Arts in Economics Course details, Eligibility, Syllabus, Top Colleges, Job Prospects | StepInCollege

The understudies are made acquainted with the monetary circumstances far and wide in the current day India just as unfamiliar exchange approaches which condition the economy of our nation with the very much planned BA Economics subjects. This course isn't restricted just to microeconomics, macroeconomics, econometrics, and so on

Bachelor of Arts in Economics Eligibility

  • 10+2 from a recognized institute/ university with a minimum aggregate score of 50. 

Bachelor of Arts in Economics Top Institutes 

  • Jai Hind College
  • AIMS Institute
  • Shri Shikshayatan College
  • Christ University
  • St. Xavier’s College
  • Jadavpur University
  • Loyola College
  • Symbiosis College of Arts and Commerce
  • IP College for Women
  • Sacred Heart College

Bachelor of Arts in Economics Syllabus 

Semester I: Evolution and definition of Economics, Nature & Scope of Economics, Methods of Economics Analysis, Inductive & Deductive Logic, Merit and Demerits, Utility Demand, Supply. Commodities and their types, Value and Price, Market, Administered and Non- Administered Prices, Demand- Supply equilibrium, Cardinal (Marshal) and Ordinal Utility, Approaches to Demand, Indifference Curve: Consumer equilibrium (Hicks & Slutsky), Price, Income and Substitution effects, Derivation of Demand Curve, Elasticity of Demand, Price, Income and Cross elasticity, Consumer Surplus and its measurement, Factors of Production and their Characteristics, Laws of Production, Returns to Factor and Return to Scale, Law of Variable Proportion, Isoquants Nature and their Characteristics, Producers equilibrium.

Semester II: Economies of Scale, Different Concepts of Costs Explicit & Implicit, Accounting, Opportunity, Total fixed and Variable Costs, Marginal & Average Costs & their relationship, Concept of Revenue, Total, Marginal & Average Revenue, Break-Even Point, Concept and Classification, Perfect Competition Characteristics, Price and Output Determination for Firm and Industry, Market Equilibrium, Characteristics and Price- Output Determination, Price Discrimination, Monopolistic Competition, Characteristics Price- Output Determination, Factor Pricing, Theory of Marginal Productivity of Distribution, Concept of Adding up Theorem, Theories of Wages and Rent: Classical and Modern, Interest: Concept, Classical and Keynesian Theories of Interest, Profit: Net and Gross, Theories of Profit.

Semester III: Structure of Indian Economy - Primary, Secondary & Tertiary Sectors. Natural Resources, Land, Water, Forest. Mineral Resources, Demographic Features, Population, Size, Sex, Rural-Urban Classification, Population Distribution, Recent National Population Policy, Agriculture: Nature and Importance, Land Use Pattern, Trends in Agriculture Production and Productivity, Cropping Pattern, Land Reforms: Green Revolution, Rural Credit, Agricultural Marketing, Mechanization, Small Scale and Cottage Industries- Meaning, Importance, and Problems. Major Industries in India: Iron and Steel, Textile, Sugar, Cement, Automobiles.

Semester IV: Infrastructure of Indian Economy, Irrigation, Power, Transport, communication.

Banking and Insurance, Human Infrastructure of Indian Economy, Health, Nutrition, Education, Knowledge and Skills, Housing and Sanitation, Planning in India- Objectives, Types, Strategy. Analysis of Current Five- Year Plan, Economy- Land, land Utilization Pattern, Natural Resources- Forest, Water & Mineral, Agro-Climatic Zones, Demographic Features of M.P., Agricultural Situation in Economy, Cropping Pattern, Production and Productivity of Main Corps, Sources of Credit in Agriculture, Irrigation.

Semester V: Macro Variables- Stock and Flow, Circular Flow of income, Concept of National Income- GDP, GNP. Measurement of National Income and Social Accounting in India, National Income and Economic Welfare, Classical Theory of Employment, Keynesian Theory of Employment, Aggregate Demand, and Supply Functions, Effective Demand, Consumption Function, Factors Affecting Consumption, Average and Marginal propensities to consume, Simple Investment, Saving Function & Sources of Saving Mobilization, Investment Function, Marginal Efficiency of Capital, Factors Affecting Capital Formation, Concept of Accelerator.

Semester VI: Public Finance and Public Economics, Public, Private and Merits Goods, Market, and State- Role and Functions, Principle of Maximum Social Advantage, Sources of Revenue- Taxes and Loans, Grants and Aids, Canons of Taxation, Principles of Public Expenditure, Principles of Public Debt and Methods of Redaction, Wagener’s Law- Increasing Activities, Effects of Public Expenditure on Production and Distribution, Public Finance in India,

Concept and Types of Budget, Fiscal Deficit, Deficit Financing, and Deficit Budget, Constitution and Function of Finance Commission, Recommendation of Latest Finance Commission, Latest Budget, 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.

Bachelor of Arts in Economics job Prospects & Career Opportunities

  • Financial analyst
  • Consultant
  • Cost analyst
  • Operations Coordinator
  • Forecaster
  • Research analyst
  • Regulatory affairs analyst
  • Customer Profit Analyst
  • Investment Administrator
  • Securities Analyst Trainee

Employment Areas

  • Agricultural Companies
  • Economic Research Institutions
  • Analysis/Forecasting Firms
  • Stock Exchanges
  • Financial Information Firms
  • Banks/Credit Unions
  • International Trade Companies
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