BA Economics

Last Updated on July 29, 2023 by Vishnu Nambiar

Have you passed 12th standard? Are you interested in pursuing a good Economics course? If yes, this article will be of help to you. Here, we will have an in-depth analysis of BA Economics course.

  How’s this article of help to me, you may ask. Here, you will find everything you need to know about BA Economics course. This article covers topics such as – duration, eligibility criteria, colleges, fees, syllabus, scope, PG courses, admission process, career prospects and salary details.   BA Economics is an honors program. It is a Bachelor of Arts program that focuses on the discipline of economics.   It is an undergraduate level Bachelor’s Degree course. The academic program is 3 years long. Students who have passed 10+2 are eligible to pursue this course.   Here’s an overview of the course –

• Name of the course: BA Economics
• Type of course: Bachelor’s Degree
• Duration: 3 years
• Eligibility Criteria: 10+2 pass from a recognized board or equivalent

What’s BA in Economics course all about? What’s the scope and potential associated with this course and field? What is it like to become an Economics graduate in India? You will find answers to these questions in the next section.

Economics: Introduction, Details & Scope

In simple terms, economics is the social science that studies the production, distribution and consumption of goods and services.   It is a very broad field and consists of aspects such as –

• Microeconomics
• Macroeconomics
• International Economics
• Development Economics
• Economic Systems

Microeconomics deals with the basic elements in the economy. It deals with buyers, sellers, firms and markets. Macroeconomics deals with the bigger picture. It deals with aspects such as – investment, consumtion, production etc.   As I mentioned before, Economics is a very vast field. It consists of many sub-disciplines. It also has many important allied sectors. Some such allied sectors are – energy economics, family economics, economic history and economic geography.   Why is the study of economics so important, you may ask. Well, economic science and its principles can be applied on a number of areas. For example, economic analysis can be used in areas such as finance, healthcare, education, politics, science and Governance.   Economic analysis can be used to tackle issues such as unemployment, inflation and slow economic growth. Insights gained from an economic analysis can be used to formulate strategies, public policies and fiscal policies!   In short, it is an important branch of social science. Whether you are running a business or a whole country, economic analysis will be of help to you!   BA Economics is an honors program. It is also represented as BA (H) Economics or BA (Honors) Economics. Though the names are slightly different, they share the same course content.   Technically, it is a BA (Bachelor of Arts) program. But this honors program deals with economics and allied areas of social science.   The program trains students in areas related to economic science. It covers topics such as – goods and services, consumption, production, distribution, markets etc.   Come, let us take a closer look at the course details. In the next section, you will find details such as course duration, eligibility criteria, colleges and admission process.

Course Details

Type of course

It is an undergraduate level Bachelor’s Degree program.

Duration

The academic program is 3 years long.

Eligibility

10+2 pass (Arts, Commerce or Science) from a recognized board or equivalent.

Colleges

BA course is offered by numerous Arts Colleges in India. There exists many Government and Self Financed Colleges offering this course in India. Government Colleges are usually operated by the State or Central Government.   BA Colleges are usually found across all major districts in a state! Government Colleges are known to charge relatively lower fees than their Self Financed counterparts.   Some of the notable colleges and universities are –

• Gujarat University
• VNSGU
• DU
• RKU
• MGU

Admission Process

Reputed institutes rely on merit based admission process. Seats are allotted to deserving candidates on the basic of marks scored by them in board exam and/or relevant entrance test. Some institutes are also known to carry out direct as well as donation based admission process. Also check – Banking courses in India.

Fees

Fees charged for BA Economics program may vary from one institute to another. Tuition fees depends upon factors such as –

• Type of college (Government of SF)
• Rating and status of the college
• Scholarship status of the student
• Mode of learning (distance or regular)

On an average, tuition fees could be anywhere between 50-150K INR per year. Government Colleges are known to charge relatively lower fees. Apart from tuition fees, additional expenses (lodging, mess, library, sports etc) may also apply.

You may also check –

Scholarships after 12th standard in India

Entrance exams after 12th standard

Syllabus

Here are some of the important subjects present in BA Economics curriculum –

• Basics of Social Science
• Microeconomics
• Demand and Supply
• Consumer Behaviour and Demand
• Production
• Cost and Revenue
• Macroeconomics
• Economic Analysis
• Mathematics
• Statistics
• Market Structure
• Monopoly and Competition
• Pricing
• Economic Systems
• Inflation and Unemployment
• Computer Application
• Indian Economy
• Economic History
• Mathematics Economics
• Public Finance
• International Economics
• Gender Economics
• Health Economics

PG Courses

After completing BA Economics program, graduates may go for relevant PG courses such as –

• MA (Master of Arts)
• PG Diploma (Economics) programs
• PG Diploma in Banking
• MBA
• PG Diploma in Management

Career Prospects

BA Economics graduates have access to diverse job opportunities. They have access to Government jobs, Private sector jobs and Self-Employment opportunities. Also check – B.Com. course.   They may apply for any Government job that requires a Bachelor’s Degree. For example, they have access to Government jobs such as –

• Government Banks
• Civil Service
• State Civil Service
• Relevant Government Departments

Let us talk about private sector jobs. Some of the notable private sector recruiters are –

• Banks
• Finance Institutes
• MNCs
• Business Firms
• IMPEX Firms
• Manufacturing Firms
• Stock Exchanges

In the above mentioned firms, BA Economics graduates may don the following roles –

• Bank Officer
• Manager
• Assistant Manager
• Analyst
• Economist
• Customer Service Manager

Salary

It is very difficult to point out starting salary! Because it depends upon factors such as –

• Profile of the employer
• Institute from which one has pursued the course
• Job location
• Academic qualification of the applicant (UG/PG)

On an average, starting salary could be anywhere between 30-40K INR. In case of a Government job, the salary will be based on the pay scale and grade.