B.A. Economics

Overview

  • Level of Programme Undergraduate
  • Duration 3 years
  • Average Start Salary 2.5 to 5 lakhs per annum
  • Language English
  • Assessments Yes
Course Description

B.A. Economics is a is a 3- year long graduate level course divided into 6 semesters, with each semester spanning 6 months. The course is designed to train pupils in analyzing concepts and processes of the economy by educating them in areas such as definition, nature, scope, concepts, utility, production, market, monopoly etc.

Upon successful completion of the course, graduates can expect an average starting salary ranging between INR 2.5 and 5 lacs annually, depending upon the organization and the candidate’s skillsets.


Eligibility Criteria

The minimum criterion of eligibility needed to be met for admission to the course is a 10+2 or equivalent qualification from a recognized institute/ university with a minimum aggregate score of 45. 

Candidates awaiting their final examinations’ results are also eligible to apply on provisional basis.

Syllabus

BA (Economics) Syllabus

First Year Syllabus

Evolution and definition of Economics

Economies of Scale

Nature and Scope of Economics Deferent Concepts of Costs Explicit and Implicit
Methods of Economics Analyis Accounting, Opportunity, Total Fixed and Variable Costs
Inductive and Deductive Logic, Merit and Demerits Marginal and Average Costs and Their Relationship
Utility Demand, Supply Concept of Revenue
Commodities and their Types Total, Marginal and 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
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 and Ordinal Utility Market Equilibrium
Approaches to Demand Characteristics and Price Output Determination
Indifference Curve, Consumer equilibrium 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 Measurements Conept of Adding up Theorms
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


Second Year Syllabus

Structure of Indian Economy Primary Secondary and 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 Distribution

Housing and Sanitation

Recent National Population Policy

Planning in India

Agriculture Nature and Importance

Analysis of Current Five Year Plan

Land Use Pattern

Economy Land Utilization Pattern

Trends in Agriculture Production and Productivity

Natural Resources Forest Water and Mineral

Cropping Pattern

Agro Climatic Zones

Land Reforms Green Revolution

Demographic Features of M.P.

Rural Credit

Agricultural Situation in Economy

Agriculture 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


Third Year Syllabus

Macro Variables Stock and Flow

Public Finance and Public Economics

Circular Flow of Income

Public Private and Merit Goods

Concept of National Income GDP, GNP

Market and State Role and Functions

Measurement of National Incomeand 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

Wageners 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 and Sources of Saving Mobilization

Deficit Financing and Deficit Budget

Investment Function

Constitution and Function of Finance Commission