B.Sc. (Economics)

COURSE DESCRIPTION

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B.Sc. Economics or Bachelor of Science in Economics is an undergraduate Economics course. Economics is a social science that analyzes the production, distribution, and consumption of goods and services. Current economic models emerged from the broader field of political economy in the late 19th century. During the course many things are taken such economics aims to explain how economies work and how economic agents interact. Economic analysis that is applied throughout society, in business, finance and government, but also in crime, education, the family, health, law, politics, religion, social institutions, war, and science. The duration of the course is three years and the syllabus for the course is divided into six semesters. After completing the course it opens a lot of career fields for the candidates in various fields.

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B.Sc. Economics Eligibility

• Candidate who secures a minimum of 45% marks in the aggregate at the 12^th or in an equivalent examination shall be eligible for admission to B.Sc. Degree Course.

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B.Sc. Economics Course Suitability

• Students who have skills such as communication, numeracy, problem-solving, computing, time management and analytical skills are the most suitable for the course.
• They should have a logical and analytical mind as they have to deal with mammoth of data in the economics.
• They should have also an interest in current social and political activities, sincerity, commitment and devotion towards their studies.
• Those who have planned of becoming lecturer in the very subject after their Master’s degree also can go for the course.

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B.Sc. Economics Syllabus

Syllabus of Economics as prescribed by various Universities and Colleges.

Sem. I
Sr. No.	Subjects of Study
1	Microeconomics I
2	Macroeconomics I
Sem. II
1	Microeconomics II
2	Macroeconomics II
Sem. III
1	Elementary Mathematics for Economics
2	The Monetary System
Sem. IV
1	Mathematical Applications in Economics
2	Introduction to Development Economics
Sem. V
1	Elements of Public Finance
2	Introduction to Econometrics
3	Introduction to Environmental Economics
4	International Trade and Policy
5	History Economics Thought I
6	Policy and the Indian Economy
Sem. VI
1	Public Economics
2	Econometric Methods
3	Economics of Natural Resources and Sustainable Development
4	International Economics
5	History of Economics Thought II
6	Planning for Development: India and the Northeast

How is B.Sc. Economics Course Beneficial?

• A graduate in Economics can expect many entry-level jobs in banking, finance, insurance, stock markets, sales and marketing as well as corporations like consulting firms or government departments.
• They can also begin their career with government enterprises, public undertakings, investment firms, business journals and newspapers. The Indian Economics Services and Reserve Bank of India are also excellent options open to those who want to join government services.
• As a general option to all social science students, economics student can opt for journalism, law etc to diversify their career opportunities.
• Those who have keen interest in higher studies and research can opt for M.Phil. , Ph.D. and thereby aspire to take higher position in public and private sector. However, the more ambitious students of economics can go for MBA degrees offered by many institutions.
• They can also take up teaching as a career in various colleges, universities and professional institutions. Some others may choose to enter non-profit institutions like NGOs. Economic consulting is another option available for students from economic background.
• However, the foremost growth potential for economists lies in the private sector and most notably in scientific research and consulting firms. Besides merging of world economy gives ample career opportunities in international financial institutions and research activities.

COURSE ELIGIBILITY

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Candidate who secures a minimum of 45% marks in the aggregate at the 12th or in an equivalent examination shall be eligible for admission to B.Sc. Degree Course.