BA Economics: Subjects, Jobs, Syllabus, Job Opportunities, Scope

13 September,2023  |  By Brainwonders

BA in Economics or Bachelor of Arts in Economics is a 3 years Undergraduate degree course pursued by students who aspire to make it big in Banking and Finance and other major corporate industries.

Admissions to the BA in Economics program are granted through a combination of merit-based selection and entrance exams. Several renowned colleges offering this program, such as the Indian Statistical Institute, Jawaharlal Nehru University, and Jadavpur University, conduct entrance exams like JNUEE, DUET, and JMI EEE for admission.

The typical tuition fees for a BA in Economics program vary, ranging from INR 15,000 to 65,000. After completing their BA in Economics, students have the option to further their studies with an MA in Economics, a PhD in Economics, or an MBA. Graduates of BA in Economics programs find employment opportunities in various sectors, including Indian Economic Services, banking and finance, and private and foreign banks.

Many students choose to study economics primarily for the promising job opportunities it offers, with starting salaries typically ranging from INR 4 LPA and the potential for significant growth to 30 - 35 LPA with experience and exposure.

Name of the Course	Bachelor of Arts in Economics
Course Level	Undergraduate
Course Duration	3 years
Course Mode	Regular / Full time
Course Eligibility Criteria	Class 12th Board exams with 50% aggregate marks
Course Admission Process	Merit Based / Entrance Exams
Average Course Fees (INR)	45,000
Average Salary (INR)	3 - 4.5 LPA
Areas of Employment	Government / Private Banks, Finance & Banking Sectors, Trade Markets

What is BA in Economics?

BA in Economics deals with the study of various economic theories, econometrics, applied economics, and a wide range of related subjects. This undergraduate program is available to students upon completion of their 12th-grade board exams and is offered in colleges and universities nationwide.

BA in Economics primarily focuses on topics such as Demand and Supply, History of the Indian Economy, National Income, Inflation and Deflation, and Production and Supply, among others. Given the significant emphasis on handling extensive data in economics, the importance of statistics is deeply integrated into the course.

In recent years, the field of Economics has experienced a substantial surge in popularity due to the numerous opportunities it presents. Graduates of BA in Economics programs can expect to receive starting salary packages ranging from INR 4 to 7 LPA.

Why Study BA in Economics?

Several factors contribute to why you should consider pursuing a BA in Economics. Below, we outline some key points for your reference:

• Diverse Career Opportunities: A degree in economics opens doors to a wide array of career options across various industries and sectors. Economists can find roles in business, government, academia, and private enterprises.
• Solid Foundational Knowledge: The comprehensive curriculum of economics provides a strong foundation for prestigious career paths. It offers in-depth insights into finance, markets, and resource management.
• Intellectual Challenges: Economics coursework encourages critical thinking and engages students in thought-provoking activities. Throughout the program, you'll encounter challenges that deepen your understanding of global economics and its impact on various aspects of the business world.

BA in Economics Admission Process

Admissions to the BA in Economics program are determined through a combination of merit-based selection and entrance examinations. The entrance exams typically consist of multiple-choice questions (MCQs). However, the inclusion of subjective questions may vary depending on the syllabus and the specific entrance exam format of the college.

BA in Economics Eligibility

Prospective students interested in enrolling in BA in Economics programs must meet the following eligibility criteria to gain admission to colleges that offer BA in Economics courses:

• Students should clear class 12th board exams with a minimum 50% aggregate marks or equivalent CGPA
• They should clear their class 12th board exams from a recognized board

BA in Economics Entrance Exams

Students aspiring to pursue a BA in Economics must successfully pass the prescribed entrance exams for the program. Certain colleges admit students based on their performance in entrance exams, followed by an interview round.

Various colleges conduct entrance exams such as JNUEE, DUET, Jadavpur University Entrance Exams, JMI EEE, and more to select candidates for BA in Economics courses.

Exam Name	Application Period	Exam Date
NPAT	December 01, 2022 to May 21, 2023	January 04, 2023 – May 31, 2023
PUCET	To be Announced	To be Announced
IPU CET	March, 2023 to April, 2023	April 2023
JNUEE	To be Announced	To be Announced

BA in Economics Syllabus

The BA in Economics curriculum encompasses an extensive array of subjects, spanning from Financial Systems and the History of Economics to Financial Markets and Foreign Economic Theory. The table below outlines the topics covered throughout the three-year course duration.

First Year	Micro and Macro Economics Mathematical Methods of Economics Economic Theory Economic Statistics Financial Systems
Second Year	History of Economics Econometrics Development of Economics in India Economy and Society Macro & Micro Economics - Intermediate
Third Year	Economic Development of India Development Theory Economics of the Society Foreign Economics Theory Financial Markets Financial Economics

Conclusion

B.A economics is a vast course that provides extensive knowledge about the practical and technical concepts that run the world.

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BA in Economics FAQs

Q1. Is a BA in economics good?

Ans: An economics degree provides a strong foundation for pursuing careers in finance and related fields. Common career trajectories for economics graduates include roles in data analysis, such as becoming an actuary or investment analyst. For those seeking positions directly related to economics, further education or specialized training is often advisable.

Q2. What are the subjects in BA economics?

Ans: The Bachelor of Economics, often referred to as BA Economics, is a three-year undergraduate program that encompasses both qualitative and quantitative aspects of economics. It covers subjects such as microeconomics, macroeconomics, econometrics, statistics, economic history, and political economy, among others.

Q3. What jobs can you get with a BA in economics?

Ans: Economist is a common career path for economics graduates.

• Analyst of financial risks.
• Analyst of data.
• Financial advisor.
• Accountant is a professional in the field of accounting.
• Economic analyst.
• Financial advisor.
• Analyst of investments.

Q4. Which is better BCOM or BA economics?

Ans: When making the choice between a B.Com and a B.A. in Economics, it's essential to consider your personal interests and career aspirations. If you're inclined towards banking and business, opting for a B.Com degree is a favorable path. Conversely, if you have a strong interest in exploring topics related to supply and demand dynamics and the behavior of goods, pursuing a B.A. in Economics is the more suitable option.