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BA Economics Course - Check Course Details, Fees, Syllabus, Eligibility Criteria, Admission, Duration, Colleges, Job & Salary 2024

Update on 22 Apr, 2024


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BA Economics Course - Check Course Details, Fees, Syllabus, Eligibility Criteria, Admission, Duration, Colleges, Job & Salary 2024-here

BA Economics Course: A Bachelor of Arts in the field of economics studies is a 3-year undergraduate course, which combines both literal and quantitative coursework. It can be pursued full-time, online, or through distance learning. Students will study Macroeconomics, microeconomics, cost analysis, strategic pricing, statistical forecasting, and market research, among other areas. Students interested in pursuing a career in finance and international trade, advisory roles in government institutions, insurance, investment banking, international MNC’s, etc, this is the course of your dreams. The Bureau of Labour Statistics forecasts a 6% growth rate for economists and a faster than average 11% growth rate for financial analysts by 2026.

BA Economics Course: Highlights

Course level Undergraduate
BA Economics Course Duration 3 Years
BA Economics Course Eligibility Candidate must have passed 10+2
Examination Type Semester-wise/ Annual
Admission Process Merit- list/ Entrance Exam
Average Fees of BA Economics Course Rs. 2.5 lac to Rs. 3 lac

Admission Process for BA Economics 2024:

Following are the Admission Process for BA Economics Course:

Every university/college has a different admission procedure for BA Economics Course. Some universities conduct an entrance exam and only select candidates to get admission. The selected candidates are then required to go through a round of personal interviews.

Admission through merit-based requires candidates to score above average marks in their 10+2 board exams.

BA Economics Eligibility Criteria:

Following are the eligibility criteria for BA Economics Course:

Candidates who are currently going to appear for their 10+2 board exams are also eligible to reply.

The minimum requirement for a candidate to get BA Economics Course is to pass his 10+2 with adequate and decent marks. 

BA Economics Syllabus 2024-23:

BA Economics Syllabus is listed below semester-wise:

1st Semester
Producers Equilibrium Derivation of the Demand curve
Law of Variable Proportions Approaches to demand
Laws of Production Cardinal and ordinal utility
Isoquants Nature & characteristics Market and Price
Returns to Factor & Return to scale Indifference curve & consumer equilibrium
Factors of production Utility Demand and supply
Consumer surplus and its measurement Inductive and deductive logic
Merit & Demerits
Price, Income, and cross elasticity Nature and scope of economics
Elasticity of demand Methods of economics analysis
2nd Semester
Economies of scale Theories of profit
Concept of Revenue Profit: Net & Gross
Marginal and Average cost Theories of wages and rent
Break-even point Interest: Concept/ classification
Concept and classification Fixed and variable cost
Market equilibrium Accounting, opportunity
Price discrimination Different concepts of cost- Explicit/Implicit
Monopolistic competition Perfect competition and characteristics
Factor pricing Price and output for firm and industry
Theory of marginal productivity of distribution -
Concept of adding up theorem -
3rd Semester
Structure of the Indian economy Natural Resources - land, water & Forest
Mineral resources Land Reforms - Green Revolution
Demographic features Rural Credit
Population, size, sex, etc Agricultural marketing
Agriculture, nature, and importance Mechanization
Land use pattern Small scale & Cottage Industries
Cropping pattern Major industries in India
Trends in agriculture trends Recent National Population Policy
4th Semester
The infrastructure of the Indian Economy Irrigation, Power, Transport & Communication
Banking & Insurance Human Infrastructure
Health Nutrition Housing & Sanitation
Planning in India Analysis of the current five-year plan
Economy land utilization pattern Natural Resources
Agro-Climatic zones Demographic features of M.P
Agricultural situation in an Economy Cropping pattern
Production and productivity of main crops Sources of credit in agriculture, irrigation
5th Semester
Macro-Variables Concept of Accelerator
The circular flow of income Factors affecting Capital Formation
Concept of National income Investment Function
Measurement of National Income Factors affecting consumption
Economic welfare Average and marginal propensities
Classical Theory of Employment Aggregate demand and supply
Keynesian Theory of Employment Social accounting in India
Effective Demand Saving function
Consumption Function Sources of Saving Mobilization
Simple Investment GNP, GDP, etc
6th Semester
Public Finance & Economics Bank - Meaning and types
Canons of taxation Inflation, Deflation
Sources of Revenue Latest Budget
Public-private and Merit goods Fiscal Deficit
Principles of Public Expenditure Deficit planning & budgeting
Public Debt Constitution % function of Finance Commission
Methods of Redaction Stock of money
Wagener’s Law Cash transactions
Public Finance in India Cash balance approaches
Concept & Types of budget Deman-Pull & Cost-push inflation

Job Profile and Salary Packages after BA Economics Course:

There are many fields open for aspirants, since our world functions on economics and trade, market and money. Some of the popular avenues open to BA Economics course graduates are in the fields of:

Job Role Job Description Salary
Economists The person that studies the allocation or distribution of scarce resources. They analyze trade-offs through models, market behavior, etc. Between 1,01,000 lac/- (Approx). The annual projected growth of 6%. The salary depends on the experience, relevant skills of the candidate.
Financial Analyst The person that collects, monitors, and interprets financial data, and further recommends companies to take steps. They help organizations make decisions about the allocation of funds, investments, etc. Rs. 8,10,000/- (Approx), Projected growth rate 11%
Budget Analyst Gather and use financial data to prepare, develop and implement budgets for organizations. They conduct cost-benefit research, review financial data, income, and expenditures, etc. Rs. 7,30,000/- (Approx), The projected growth rate of 7%
Investment Analyst Provides insight and data into projects worth investing, etc Rs. 4 to Rs. 5 lac/-
Sales Analyst Complies with data and employee records, to forecast future sales trends. Rs. 2.5 to Rs. 5 lac/-
Market Research Analyst A Market research analyst uses his/her marketing and economics knowledge to forecast how well a product might sell. Rs. 6,80,000/-, Projected growth rate 23%

Should I do a BA Economics Course?

Yes, any professional with a well-fed, diverse knowledge in pricing, demand, and supply, pricing risk, cost-effective measures, etc will always be a sought-after individual in the marketplace. Bachelor of Arts in Economics Course will fill you with the required skills to be just that.

It is a timeless investment that ensures strong employment opportunities for the rest of your life.

If you intend to pursue a graduate degree, a bachelor's in economics provides good foundational knowledge and base for programs in public policy or law, as well as Masters and Doctoral programs in the field of economics or other social science disciplines.

Upon successful completion, the students will acquire relevant skills and knowledge that will enable them to be great competitors in the global market.

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