StepInCollege
×





BACHELOR OF ARTS [BA] (ECONOMICS)

Bachelor of  Arts in Economics is a broadly qualitative and quantitative address to Social Science. The duration is 3 years. The course essential 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 gives that a district faces yet in addition follows the verifiable settings in the molding of the economy. 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. 

 

Eligibility

 

 

Admission Process

 

 

Course Highlights

 

Degree

Bachelors

Full-Form

Bachelor of Arts in Economics

Duration

3 Years.

Age

No Age Limit

Minimum Percentage

45 to 50% minimum aggregate

Subjects Required

English

Average Fees Incurred

INR 5000 - 1 L per annum

Similar Options of Study

B.Sc (Economics), BA (Sociology), BA (Political Science)

Average Salary Offered

INR 5.48 L per annum

Employment Roles

HR Manager, Executive Assistant, Administrative Assistant, Data Analyst, Financial Analyst, Marketing Associate, Senior Business Analyst, Assistant Marketing Manager, Senior Marketing Manager, etc.

Placement Opportunities

Accenture, Capgemini, Intelenet Global Services, Dell Inc, HDFC Bank Pvt Ltd, Genpact, Infosys BPO, HCL Technologies Ltd, Wipro Technologies Ltd, BMR Advisors, UnitedHealth Group, Zocdoc Inc, etc.

 

Syllabus and Course Description

 

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 (Hicks & 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

The infrastructure of the 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 & 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.

 

Top Institutes 

 

COLLEGE NAME

CITY

AVERAGE FEES IN INR

Jai Hind College

Mumbai

4,520

AIMS Institute

Bangalore

1.9 Lacs

Shri Shikshayatan College

Kolkata

88,000

Christ University

Bangalore

1,00,000

St. Xavier’s College

Ahmedabad

1,820

Jadavpur University

Kolkata

2,750

Loyola College

Chennai

4,610

Symbiosis College of Arts and Commerce

Pune

17,400

IP College for Women

Delhi

24,600

Sacred Heart College

Kerala

4,000


 

Distance Learning Top Institutes

 

For candidates who desire to obtain this degree when employed, distance education or correspondence courses are planned.

 

Name of the Institute

Location

Average Fee (in INR)

Jamia Millia Islamia

Delhi

7,000

Jamia Hamdard

Delhi

9,300

Jawaharlal Nehru University

Delhi

366

Nalanda Open University

Patna

2,400

Annamalai University

Tamil Nadu

2,200

DU School of open learning

Delhi

3,430

Bharathiar University School of Distance Education

Tamil Nadu

1,822

Madurai Kamaraj University Directorate of Distance Education (MKU-DDE)

Madurai

2,500

Acharya Nagarjuna University Center for Distance Education

Andhra Pradesh

2,735

 

Career Prospects

 

Career Opportunities

 

 

Employment Areas