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

Program Outcome / Course Outcome / Program Specific Outcome →

2018-2019
2019-2020
2020-2021

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

₹ 24,645/- (First Semester)

Admission 2024-25 is live