Bachelor of Arts [BA] (Economics) - Course Overview

  • STREAM

    ARTS

  • DURATION

    3 YEARS

  • COURSE

    Economics

  • COURSE TYPE

    Graduation

    Bachelor of Arts (BA) Economics Top Colleges, Syllabus, Scope and Salary

    Sakshi Gupta Sakshi Gupta
    Content Curator

    B.A. Economics is a is a 3- year long graduate level course divided into 6 semesters, with each semester spanning 6 months. However, some universities follow the yearly pattern of examination. The course is designed to train pupils in analyzing concepts and processes of the economy by educating them in areas such as definition, nature, scope, concepts, utility, production, market, monopoly etc.

    Top Institutes offering this course are:

    The eligibility criteria and average course fee charged in India for the course vary from institute to institute. The average course fee ranges between INR 25,000 and 3 lacs. A 10+2 qualification from a recognized educational Board with a minimum aggregate score of 45% is the minimum eligibility needed for admission to the course.

    Bachelor of Arts in Uttar PradeshBachelor of Arts in MaharashtraBachelor of Arts in KarnatakaBachelor of Arts in West Bengal

    Upon successful completion of the course, graduates can expect an average starting salary ranging between INR 2.5 and 5 lacs annually, depending upon the organization and the candidate’s skillsets.

    B.A. Economics: Course Highlights

    Listed below are some of the major highlights of the course.

    Course LevelGraduate
    Duration3 Years
    Examination TypeSemester/ Annual system
    Eligibility10+2 or equivalent exam from a recognized Board
    Admission ProcessEntrance exam or direct admission
    Course FeeINR 2.5 to 3 Lacs
    Average Starting SalaryINR 2.5 to 5 Lacs

    B.A. Economics: What is it About?

    B.A. in Economics is a 3- year long course generally comprising qualitative and quantitative approaches to Social Science. The course essentially involves a study of the main aspects related to improving an organization’s overall profitability through different approaches and techniques

    The principal subjects covered in the curriculum are Microeconomics, Macroeconomics, Political Economics, etc.

    Read More:  All About Bachelor of Arts

    B.A. Economics: Top Institutes 

    The country’s main universities, namely University of Delhi, Jawaharlal Nehru University, Mumbai University, and Calcutta University offer the course.

    Listed below are some of the top institutes offering the course in the country along with the respective locations and fees charged by each.

    COLLEGE NAMECITYAVERAGE FEES IN INR
    Jai Hind CollegeMumbai4,520
    AIMS InstituteBangalore1.9 Lacs
    Shri Shikshayatan CollegeKolkata88,000
    Christ UniversityBangalore1,00,000
    St. Xavier’s CollegeAhmedabad1,820
    Jadavpur UniversityKolkata2,750
    Loyola CollegeChennai4,610
    Symbiosis College of Arts and CommercePune17,400
    IP College for WomenDelhi24,600
    Sacred Heart CollegeKerela4,000

    Eligibility for B.A. Economics

    The minimum criterion of eligibility needed to be met for admission to the course is a 10+2 or equivalent qualification from a recognized institute/ university with a minimum aggregate score of 50. Candidates awaiting their final examinations’ results are also eligible to apply on provisional basis.

    Bachelor of Arts in Tamil NaduBachelor of Arts in KeralaBachelor of Arts in AssamBachelor of Arts in Madhya Pradesh

    B.A. Economics: Admission Process

    The general procedure for admission to the course is merit-based, i.e. on the basis of the merit obtained by the candidate at the 10+2 level. A few institutes also conduct entrance exams for admission to the course. Thereafter, rounds of a personal interview may follow.

    B.A. Economics Distance Learning Top Institutes

    Distance Education or correspondence course are meant for candidates that wish to pursue this degree while working. The degree awarded and duration of the course is same as the regular course. The duration might be more in some institutes/universities. 

    Top Institutes offering this course as distance mode of learning are:

    Name of the InstituteLocationAverage Fee (in INR)
    Jamia Millia IslamiaDelhi7,000
    Jamia HamdardDelhi9,300
    Jawaharlal Nehru UniversityDelhi366
    Nalanda Open UniversityPatna2,400
    Annamalai UniversityTamil Nadu2,200
    DU school of open learningDelhi3,430
    Bharathiar University School of Distance EducationTamil Nadu1,822
    Madurai Kamaraj University Directorate of Distance Education (MKU-DDE)Madurai2,500
    Acharya Nagarjuna University Center for Distance EducationAndhra Pradesh2,735

    B.A. Economics: Syllabus and Course Description

    A semester- wise breakup of the course’s syllabus is given here.

    Semester I

    Semester II

    Evolution and definition of EconomicsEconomies of Scale
    Nature & Scope of EconomicsDeferent Concepts of Costs Explicit & Implicit
    Methods of Economics AnalysisAccounting, Opportunity, Total fixed and Variable Costs
    Inductive & Deductive Logic, Merit and Demerits.Marginal & Average Costs & their relationship
    Utility Demand, SupplyConcept of Revenue
    Commodities and their typesTotal, Marginal & Average Revenue
    Value and PriceBreak Even Point
    MarketConcept and Classification
    Administered and Non- Administered PricesPerfect Competition Characteristics
    Demand- Supply equilibrium.Price and Output Determination for Firm and Industry
    Cardinal (Marshal) and Ordinal UtilityMarket Equilibrium
    Approaches to DemandCharacteristics and Price- Output Determination
    Indifference Curve: Consumer equilibrium (Hichs & Slutsky)Price Discrimination
    Price, Income and Substitution effectsMonopolistic Competition
    Derivation of Demand Curve.Characteristics Price- Output Determination
    Elasticity of DemandFactor Pricing
    Price, Income and Cross elasticityTheory of Marginal Productivity of Distribution
    Consumer Surplus and its measurement.Concept of Adding up Theorem
    Factors of Production and their CharacteristicsTheories of Wages and Rent: Classical and Modern.
    Laws of ProductionInterest: Concept, Classical and Keynesian Theories of Interest
    Returns to Factor and Return to ScaleProfit: Net and Gross
    Law of Variable ProportionTheories of Profit.
    Isoquants Nature and their Characteristics-
    Producers equilibrium-

    Semester III

    Semester IV

    Structure of Indian Economy - Primary, Secondary & Tertiary SectorsInfrastructure of Indian Economy
    Natural Resources, Land, Water, ForestIrrigation, Power, Transport, Communication
    Mineral Resources.Banking and Insurance.
    Demographic FeaturesHuman Infrastructure of Indian Economy
    Population, Size, Sex, Rural-Urban ClassificationHealth, Nutrition, Education, Knowledge and Skills
    Population DistributionHousing and Sanitation.
    Recent National Population Policy.Planning in India- Objectives, Types, Strategy
    Agriculture: Nature and ImportanceAnalysis of Current Five- Year Plan.
    Land Use PatternEconomy- Land, land Utilization Pattern
    Trends in Agriculture Production and ProductivityNatural Resources- Forest, Water & Mineral
    Cropping Pattern.Agro-Climatic Zones
    Land Reforms: Green RevolutionDemographic Features of M.P.
    Rural CreditAgricultural Situation in Economy
    Agricultural MarketingCropping Pattern
    MechanizationProduction and Productivity of Main Corps,
    Small Scale and Cottage Industries- Meaning, Importance and ProblemsSources of Credit in Agriculture, Irrigation
    Major Industries in India: Iron and Steel, Textile, Sugar, Cement, Automobiles-

    Semester V

    Semester VI

    Macro Variables- Stock and FlowPublic Finance and Public Economics
    Circular Flow of incomePublic, Private and Merits Goods
    Concept of National Income- GDP, GNPMarket and State- Role and Functions
    Measurement of National Income and Social Accounting in IndiaPrinciple of Maximum Social Advantage
    National Income and Economic WelfareSources of Revenue- Taxes, Loans, Grants and Aids
    Classical Theory of EmploymentCanons of Taxation
    Keynesian Theory of EmploymentPrinciples of Public Expenditure
    Aggregate Demand and Supply FunctionsPrinciples of Public Debt and Methods of Redaction
    Effective DemandWagener’s Law- Increasing Activities
    Consumption FunctionEffects of Public Expenditure on Production and Distribution.
    Factors Affecting ConsumptionPublic Finance in India
    Average and Marginal propensities to consumeConcept and Types of Budget
    Simple InvestmentFiscal Deficit
    Saving Function & Sources of Saving MobilizationDeficit Financing and Deficit Budget.
    Investment FunctionConstitution and Function of Finance Commission
    Marginal Efficiency of CapitalRecommendation of Latest Finance Commission
    Factors Affecting Capital FormationLatest Budget
    Concept of Accelerator.The stock of Money and its Measures

    -

    Cash Transaction and Cash Balance Approaches.
    -Inflation, Deflation, and Recession
    -Demand-Pull and Cost-Push Inflation
    -Bank- Meaning and Types
    -Objectives and Limitations of Monetary Policy.

    B.A. Economics: Career Prospects

    Some of the popular avenues open to such graduates are listed below with the corresponding salaries offered for the respective positions.

    Bachelor of Arts [B.A.] in Economics
    JOB POSITIONJOB DESCRIPTIONAVERAGE ANNUAL SALARY IN INR
    Investment AnalystInvestment Analysts provide an insight on economic trends and evaluate investment potential.4 to 5 Lacs
    Sales AnalystSales Analysts compile data from employees and store reports, evaluate and analyze data over time and forecast potential trends.2.5 to 5 Lacs

    Check B.A. Economics Career Options and Jobs

    Bachelor of Arts [BA] (Economics) Fee Structure in India


    807 (Minimum Fee)PUBLIC COLLEGES19.65 L (Maximum Fee)
    24.81 K (Average Fee)
    648 (Minimum Fee)PRIVATE COLLEGES4.5 L (Maximum Fee)
    34.2 K (Average Fee)

    Bachelor of Arts [BA] (Economics) Fee Structure by State


    Uttar Pradesh

    3.46 KPUBLIC COLLEGES32.67 K
    10.78 K
    2.98 KPRIVATE COLLEGES2.5 L
    23.68 K

    Karnataka

    2.82 KPUBLIC COLLEGES1.7 L
    30.05 K
    3.18 KPRIVATE COLLEGES4.5 L
    73.47 K

    Maharashtra

    4.56 KPUBLIC COLLEGES19.65 L
    86.52 K
    2.1 KPRIVATE COLLEGES2.25 L
    22.12 K

    Tamil Nadu

    807PUBLIC COLLEGES6 L
    28.28 K
    648PRIVATE COLLEGES3.6 L
    30.11 K

    Kerala

    1.6 KPUBLIC COLLEGES3.4 L
    19.63 K
    792PRIVATE COLLEGES64.4 K
    25.52 K

    West Bengal

    1.69 KPUBLIC COLLEGES1.07 L
    11.3 K
    3.35 KPRIVATE COLLEGES65.18 K
    13.16 K

    Assam

    8.4 KPUBLIC COLLEGES41.52 K
    18.78 K
    2.4 KPRIVATE COLLEGES89.8 K
    20.58 K

    Andhra Pradesh

    1.67 KPUBLIC COLLEGES38.09 K
    11.78 K
    5.2 KPRIVATE COLLEGES47.52 K
    14.11 K

    Gujarat

    3.16 KPUBLIC COLLEGES4.95 L
    80.51 K
    3.25 KPRIVATE COLLEGES1.2 L
    21.86 K

    Rajasthan

    2.58 KPUBLIC COLLEGES38.7 K
    20.51 K
    9.85 KPRIVATE COLLEGES2.19 L
    58.03 K

    Madhya Pradesh

    2.44 KPUBLIC COLLEGES18 K
    8.27 K
    5.49 KPRIVATE COLLEGES1.2 L
    35.92 K

    Delhi NCR

    3.47 KPUBLIC COLLEGES56.69 K
    29.1 K
    4.17 KPRIVATE COLLEGES2.51 L
    80.01 K

    Orissa

    4.12 KPUBLIC COLLEGES27.15 K
    14.3 K
    2.91 KPRIVATE COLLEGES15.1 K
    8.18 K

    Telangana

    3.2 KPUBLIC COLLEGES28.5 K
    12.38 K
    9.5 KPRIVATE COLLEGES3.3 L
    77.93 K

    Bihar

    2.63 KPUBLIC COLLEGES21 K
    8.4 K
    3.66 KPRIVATE COLLEGES26 K
    14.7 K

    Punjab

    45.6 KPUBLIC COLLEGES66 K
    55.8 K
    23.46 KPRIVATE COLLEGES1.1 L
    60.29 K

    Haryana

    8.7 KPUBLIC COLLEGES23.76 K
    18 K
    11.78 KPRIVATE COLLEGES1.12 L
    45.2 K

    Chhattisgarh

    2.14 KPUBLIC COLLEGES70 K
    23.03 K
    11.7 KPRIVATE COLLEGES1.22 L
    30.41 K

    Uttarakhand

    5.02 KPUBLIC COLLEGES36.85 K
    10.99 K
    6.5 KPRIVATE COLLEGES84 K
    34.25 K

    Jharkhand

    1.7 KPUBLIC COLLEGES21.91 K
    9.15 K
    2.44 KPRIVATE COLLEGES1.25 L
    62.5 K

    Himachal Pradesh

    10.07 KPUBLIC COLLEGES75 K
    48.97 K
    4.69 KPRIVATE COLLEGES9.33 K
    6.78 K

    Arunachal Pradesh

    15.8 KPUBLIC COLLEGES15.8 K
    15.8 K
    12.82 KPRIVATE COLLEGES92 K
    62.94 K

    Goa

    10.61 KPUBLIC COLLEGES13.28 K
    11.94 K
    17.99 KPRIVATE COLLEGES51.83 K
    29.34 K

    Manipur

    6.04 KPUBLIC COLLEGES6.04 K
    6.04 K
    9.28 KPRIVATE COLLEGES9.28 K
    9.28 K

    Tripura

    7.5 KPUBLIC COLLEGES7.5 K
    7.5 K
    64.8 KPRIVATE COLLEGES64.8 K
    64.8 K

    Nagaland

    16.85 KPUBLIC COLLEGES80.6 K
    33.69 K
    36 KPRIVATE COLLEGES36 K
    36 K

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