Update on 06 Feb, 2025
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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.
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 2025:
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.
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 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 |
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% |
➣ 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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