B.Sc (Hons)
Economics
The Economics undergraduate four-years honours degree at BESC offers a comprehensive education, spanning from micro to macroeconomic theories and their practical applications. With modules in Macro and Microeconomics, Development Theory, Indian and International Economy, Econometrics, and Applied Economics, it equips students for various careers, including academia, public policy, journalism, and more, providing a strong and competitive understanding of the discipline.
Why should I pursue a BSc Economics degree?
Pursuing a BSc Hon. Economics degree offers numerous benefits. It provides a strong foundation in economic theory, quantitative analysis, and critical thinking skills. It equips you with a deep understanding of how economies function, making you valuable in various sectors such as finance, consulting, research, policy-making, and more.
Scope of the BSc Economics degree?
The scope of a BSc Hon. Economics degree is vast. It opens doors to diverse career opportunities in both the public and private sectors. Graduates can work as economists, financial analysts, data analysts, policy analysts, market researchers, consultants, and more. They can also pursue higher education in economics or related fields.
Career prospects after BSc Economics degree
With a BSc Hon. Economics degree, you can explore various career paths. The demand for economists and economic analysts is high in today’s data-driven and globalized world.
(i) Academics
(ii) Civil Services
(iii) Field of Finance
(iv) Management
(v) Self-employment
(vi) Economic and Financial Consultancy
(vii) Politics
Available courses for BSc Economics degree
BSc Hon. Economics programs typically offer a range of specialized courses. These may include microeconomics, macroeconomics, econometrics, mathematical economics, international economics, development economics, financial economics, public economics, and industrial organization. The specific course offerings may vary among universities.
Corporate job options
Graduates with a BSc Hon. Economics degree can find employment in various corporate roles. These may include financial analysts, business analysts, investment analysts, market researchers, data analysts, strategic planners, economic consultants, and risk analysts. Corporations value the analytical and problem-solving skills that economics graduates bring to the table. The student can fit into any niche of the management cadre in a corporate framework with proper training and willingness to learn.
Competitive exam options available
BSc Hon. Economics graduates also have the option to appear for competitive exams in their respective countries. These exams can lead to government job opportunities in fields such as civil services, economic services, banking, and public sector undertakings. Examples include UPSC Civil Services Exam, Actuarial Services, RBI Grade B Exam, SSC CGL Exam, and state-level administrative exams.
Career switch options
A BSc Hon. Economics degree provides a solid foundation that can facilitate career switches later on. Graduates can explore fields such as finance, data science, policy analysis, international relations, marketing, research, and academia. With the right skills and additional qualifications, transitioning to a new career path becomes feasible.
Conclusion
Pursuing a BSc Hon. Economics degree opens up a world of opportunities. It equips you with analytical and problem-solving skills that are highly sought after in various sectors. Whether you choose to work in the corporate world, pursue higher education, or appear for competitive exams, this degree provides a strong platform for a successful career.
Frequently Asked Questions (FAQs)
What are the job prospects for BSc Hon. Economics graduates?
BSc Hon. Economics graduates have diverse job prospects, including roles in finance, consulting, research, policy-making, and more. They can work as economists, financial analysts, data analysts, policy analysts, market researchers, and consultants.
Can I pursue higher education after completing a BSc Hon. Economics degree?
Yes, you can pursue higher education in economics or related fields. Many universities offer postgraduate programs such as MSc in Economics, MBA, or specialized programs in finance, data analytics, or public policy.
Where can I pursue higher studies within India and abroad after graduation?
There are several universities and institutions in India and abroad where you can pursue higher studies in Economics after completing your graduation. It’s essential to research and consider factors such as the program’s curriculum, faculty, research opportunities, and financial considerations when selecting a university for your higher studies.
How can a PhD degree in Economics help me in my career?
A PhD degree in Economics offers advanced knowledge, research skills, and career prospects in academia, research institutions, government, consulting, and international organizations. It provides opportunities to make significant contributions to the field of economics and shape economic policies and decisions.
Course Structure
Choice Based Credit System
100
| Course Code | Name of Course | Semester | Marks |
|---|---|---|---|
| CC-1 | Introductory Microeconomics [Theory plus Tutorial] | 1 | 100 |
| CC-2 | Mathematical Method for Ecomomics-I[Theory plus Tutorial] | 1 | |
| GE-1 | Introductory Microeconomics (Applicable for students opting for Economics as Generic Elective) | 1 | 100 |
| AECC-1 | Communicating English/ Modern Indian Languages(MIL) | 1 | 100 |
| CC-3 | Introductory Macroeconomics [Theory plus Tutorial] | 2 | 100 |
| CC-4 | Mathematical Method for Ecomomics-II[Theory plus Tutorial] | 2 | 100 |
| GE-2 | Introductory Macroeconomics (Applicable for students opting for Economics as Generic Elective) | 2 | 100 |
| AECC-2 | Environmental Studies | 2 | 100 |
| CC-5 | Intermediate Microeconomics-1 [Theory plus Tutorial] | 3 | 100 |
| CC-6 | Intermediate Macroeconomics-1 [Theory plus Tutorial] | 3 | 100 |
| CC-7 | Statictics for Economics[Theory plus Tutorial] | 3 | 100 |
| GE-3 | Issues in Economic Development and India (Applicable for students opting for Economics as Generic Elective) | 3 | 100 |
| SE-1 | Data Analysis[Theory]/Rural Development[Theory] | 3 | 100 |
| CC-8 | Intermediate Microeconomics-II [Theory plus Tutorial] | 4 | 100 |
| CC-9 | Intermediate Macroeconomics-II [Theory plus Tutorial] | 4 | 100 |
| CC-10 | Introductory Econometrics[Theory plus Tutorial] | 4 | 100 |
| GE-4 | Indian Economic Policies (Applicable for students opting for Economics as Generic Elective) | 4 | 100 |
| SE-2 | Research Methodology [Theory]/Managerial Economics [Theory] | 4 | 100 |
| CC-11 | International Economics [Theory plus Tutorial] | 5 | 100 |
| CC-12 | India Economy[Theory plus Tutorial based Term Paper] | 5 | 100 |
| DSE-A(1) | Applied Econometrics or Economic History of India (1857-1947) | 5 | 100 |
| DSE-B(1) | Comparative Economic Development (1850-1950) or Financial Economics (FE) | 5 | 100 |
| CC-13 | Public Economics[Theory plus Tutorial] | 6 | 100 |
| CC-14 | Development Economics[Theory plus Tutorial] | 6 | 100 |
| DSE-A(2) | Money and Financial Markets (MFM) (5+1) or Issues in Indian Economy (IIE) (4+2) | 6 | 100 |
| DSE-B(2) | Environmental Economics (EE) or Issues in Development Economics (IDE) | 6 | 100 |
PO CO PSO
Course Eligibility
A candidate taking up Honours Course in a subject must have obtained at the previous qualifying examination a minimum of:
55% marks in Economics + PASS marks in Mathematics
OR
45% marks in Economics + 50% marks in BO4 + PASS marks in Mathematics
Note:
- If the candidate has not studied Economics in class XII, he / she needs to achieve the above-mentioned marks in Mathematics to apply for Economics (H).
- Candidate passed in Business Mathematics is not eligible for Admission.
- Please also read General Eligibility Criteria, Under Admissions.
Course Duration
4 Years
Course Hours
10:15 am to 4:30 pm (Day Session, Co-Ed)
Course Fees
₹27,895 (First Semester)