B.Sc Economics Latest Updates
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Bachelor of Science or B.Sc in Economics is a full-time undergraduate program. The duration of the course is 3 years dealing with the study of mathematics and statistics theory of economics. This course helps the candidates to develop a better understanding of mathematics and economics.
The syllabus of B.Sc Economics is similar to BA Economics. The syllabus is very vast and covers all economic aspects such as the development and consumption of the resources like costs, benefits, marginal analysis and rationality. Some of the include microeconomics, macroeconomics, monetary system, developmental economics, public finance etc.
See Also: Economics Courses
B.Sc Economics Syllabus Course Details
| Degree | Undergraduate |
| Full form | Bachelor of Science in Economics |
| Duration | 3 years |
| Age | Candidate must be between 17 to 22 years |
| Minimum Eligibility | Candidates must have completed 10+2 with a minimum of 50% or above from a recognized institute. Candidate must have Economic and Mathematics as compulsory subjects |
| Average Fees | INR 10,000 - 80,000 for the entire duration |
| Average Salary | INR 3.90 L - 9.10 LPA |
| Employment Roles | Investment Banker, Management consultant, Data Scientist, Machine Learning Expert, Product Management, Medical professionals |
| Employment Sectors | Policy making, Development sector organization, economists, allied areas, management consulting, finance, actuarial science |
| Top Recruiters | Kotak Mahindra Bank, IOB, Oracle, IMA India, Expedia, Netflix, Microsoft, Pandora, JIo, Airtel |
B.Sc Economics Semester Wise Syllabus
The syllabus of B.Sc Economics is spread over in 6 semesters covering important aspects of the economy such as microeconomics, macroeconomics, statistics. Candidates can choose their specialization on the basis of their interests. Tabulated below is the detailed syllabus of BA Economics for your reference,
The detailed semester-wise BSc Economics course syllabus is provided in the table given below:
| Semester I | Semester II |
|---|---|
| Microeconomics I | Micro Economics II |
| Macroeconomics I | Macro Economics II |
| Indian Economy | Indian Economy II |
| Statistics for Economics I | Statistics for Economics II |
| Foundation of Mathematics | Mathematical Economics I |
| Core Environmental Studies | - |
| Semester III | Semester IV |
| Law and Economics Theory | International Economics |
| Theory and Application of Public Finance | Research Methodology |
| Introductory Econometrics | Primary and secondary research |
| Development of Economics | Liberal arts |
| Semester V | Semester VI |
| Economic Journalism | Portfolio Management |
| IT Applications in Economics | Economic Thoughts |
| Microeconomics III | Environmental Economics |
| Macroeconomics III | International Relations |
B.Sc Economics Subjects
The subjects taught in B.Sc Economics are usually different from other courses where candidates learn about world trade and commerce. This course is basically a combination of Science along with economics. The duration of the program is 3 years.
Some of the core subjects taught are mentioned below:
- Econometrics
- Economic policy
- Legal Studies
- Money and banking
- Global finance
- Economic history
- International trade
Some of the elective subjects are mentioned below:
- Microeconomics
- Elementary mathematics for economics
- The mandatory system
- Mathematical applications in Economics
Let’s see the subject below in detail to get the understanding of what is taught and advantages of the program for your better reference,
First Semester Subject
- Microeconomics- Microeconomics is a subject that deals with the study of the subject matter of economics, the concepts of demand-supply, markets, how households function, etc.
- Mathematical Methods for Economics-I - This subject applies mathematical techniques for the derivation of economic models.
Second Semester Subject
- Macroeconomics- Introductory Macroeconomics is a subject that teaches about concepts at a much bigger scale like a country where national income, savings, investment, inflation, balance of payments forms an important part.
- Mathematical Methods for Economics-II - This subject deals with the study of statistics and econometrics and applies mathematical techniques to economic theory.
Third Semester Subject
- Microeconomics I- This subject intends to study the behavioral patterns of the consumer, producer and a competitive firm.
- Statistical Methods for Economics- This subject begins with the basic concepts of statistical inference and teaches about sampling distributions and the collection of survey data.
Fourth Semester Subject
- Microeconomics-II - This subject covers topics under information economics and teaches about concepts like general equilibrium and welfare, imperfect markets and reasoning.
- Econometrics- This subject provides a comprehensive understanding of various econometric concepts. It also teaches about statistical concepts like hypothesis testing, regression models, estimation, etc.
B.Sc Economics Hons Entrance exam Syllabus (CUET)
Admission to these courses is taken by CUET. The syllabus of the entrance exam is provided below for your reference,
| Section 1A | Section 1B |
|---|---|
| Assamese | Kashmiri |
| Kannada | French |
| Bengali | Konkani |
| Malayalam | Spanish |
| English | Boda |
| Marathi | German |
| Gujarat | Dogri |
| Odia | Nepali |
| Hindi | Maithili |
| Tamil | Persian |
| Telugu | Mainpuri |
| Urdu | Italian |
| - | Santhali |
| - | Arabic |
| - | Tibetian |
| - | Sindhi |
| - | Japanese |
| - | Russian |
| - | Chinese |
| - | sanskrit |
| Section II - Domain Specific Subjects | Section III- General Aptitude |
| Microeconomics Overview | General Knowledge & Current Affairs |
| Consumer Conduct and Demand | General Mental Ability |
| National Income and Related Aggregates: Fundamental Concepts and Metrics | Numerical Ability |
| income Determination and Employment | Quantitative Reasoning including simple application of basic mathematical concepts such as arithmetic , algebra, geometry, mensuration, statistics |
| Money and Banking | Logical and Analytical Reasoning |
| Government Budget and Economic Conditions | - |
| Balance of Payments | - |
| Development Experience (1947-1990) and Economic Reforms since 1991 | - |
| Current Issues confronting Indian Economy | - |
| Development Experience in India | - |
NMIMS B.Sc Economics syllabus
| Semester I | Semester II |
|---|---|
| Principles of Microeconomics | Intermediate of Microeconomics |
| Principles of Macroeconomics | Intermediate Macroeconomics |
| Introduction to Mathematical Economics | Introduction to statistics |
| Development Experience of Major Economics of the World | International Economics- I |
| Introductory Sociology | Political Science |
| Logic | Law |
| Effective Communication | Creative writing |
| IT Skills | IT Skills |
| Tutorial of Mathematics | Tutorials for Statistics |
| Semester-III | Semester IV |
| Intermediate mathematical Economics and Statistics | Econometrics- I |
| Money, banking and Financial Institutions | Public Finance and Policy |
| International Economics- II | Financial Economics |
| Theories of Growth and Development | Economics of geopolitics |
| Behavioral Psychology | English Literature |
| Managerial Accounts | Analysis of Financial Statements |
| Research Methods | Motivational training |
| Research Writing | Seminar |
| Banking Modules | - |
| Semester- V | Semester VI |
| Advanced Microeconomics | Advanced Macroeconomics |
| India Economy I | Indian Economy II |
| Econometrics-II | Advanced Econometrics/ Economic Governance and Policies |
| Game Theory | Behavioral Economics |
| Option I | Option I |
| Option II | Option II |
| Research paper | Research paper- II |
B.Sc Economics in Calcutta University
| Semester I | Semester II |
|---|---|
| Introductory Microeconomics | Introductory Macroeconomics |
| Mathematical Methods for Economics-I | Mathematical Methods for Economics-II |
| Semester-III | Semester IV |
| Intermediate Microeconomics-I | Intermediate Microeconomics-II |
| Intermediate Macroeconomics-I | Intermediate Macroeconomics-II |
| Statistical Methods for Economics | Introductory Econometrics |
Skill Enhancement Course (SEC)-I (Any one)-
|
Skill Enhancement Course (SEC)-II
|
| Semester V | Semester VI |
| Indian Economy-I | Public Economics |
| International Economics- I | Development Economics |
Discipline Specific Elective (DSE) Course-I (Any one)
|
Discipline Specific Elective (DSE) Course-III (From List of Group-II)
|
Discipline Specific Elective (DSE) Course-II
|
Discipline Specific Elective (DSE) Course-IV (From List of Group-II)
|
B.Sc Economics Syllabus in GNDU
| Semester I | Semester II |
|---|---|
| Communicative English | Communicative English |
| Punjabi (Compulsory) Or Basic Punjabi | Punjabi (Compulsory) Or Basic Punjabi |
| Microeconomics I | Microeconomics II |
| Macroeconomics- I | Macroeconomics- II |
| Mathematics for Economics- I | Mathematics for Economics- II |
| Statistics- I | Statistics- II |
| Computer Fundamental | Operating Systems |
| Semester-III | Semester IV |
| Microeconomics III | Statistics- III |
| Macroeconomics- III | Money and Banking |
| Mathematics for Economics- III | Industrial Economics |
| Agricultural Economics | Labour Economics |
| Introduction to GUI Packages | Relational Database and Management System |
| Environmental Studies | - |
| Semester V | Semester VI |
| Public Finance | Regional Economics with Special reference to Punjab Economy |
| Indian Economy | Entrepreneurial Development |
| Economic History of India | Development Economics |
| International Economics | Comparative Economic systems |
| Econometrics | Accounting and Financial Management |
| SAD and Structure Programme | Computer Networks and Internet Applications |
B.Sc Economics Syllabus Teaching Methods and Techniques
B.Sc Economics course is a typical course which provides knowledge of microeconomics and macroeconomics. This course has a very high scope. The teaching methods and techniques might vary from college to college. Various projects and techniques provide candidates with skills and experience and knowledge.
- Collaborative
- Process- based Learning & problem based learning
- Lecturing
- Concept Mapping
- Discussion
- Activities
B.Sc Economics Top Colleges
| Top Colleges | Average Annual Salary (INR) |
|---|---|
| St. Xavier’s College | 7187 |
| PSG College of Arts and Science | 7000 |
| Mount Carmel College | 42000 |
| Christ University | 85,000 |
| St. Joseph’s College | 32,950 |
| Kristu Jayanti college | 60,000 |
| Parul University | 72,000 |
| Loreto College | 21,940 |
| Narsee Monjee Institute of Management Studies | 2,92,000 |
| Kamla Nehru College for Women | 12,000 |
B.Sc Economics Syllabus Books
There are several books which are available offline and online for reference related to economics or related subjects. Below are some of the top books for candidates pursuing BA Economics Hons. course for your reference,
| Reference Books | Authors |
|---|---|
| Mathematics for Economic Analysis | K. Sydsaeter and P.Hammond |
| Macroeconomics | Dornbusch, Fischer and Startz |
| Intermediate Microeconomics, a Modern Approach | Hal R. Varian |
| Fundamentals of Microeconomics | C. Snyder and W. Nicholson |
| Freakonomics | D.Levitt |
| Thinking Fast & slow | Daniel Kahneman |
| The undercover Economist | Tim Harford |
| The Armchair Economist | Steven E. landsburg |
B.Sc Economics Hons FAQs
Ques. What is the B.Sc Economics course about?
Ans. B.Sc Economics is a 3-year undergraduate course that deals with the study of various economic concepts required in the functioning of a banking institution, financial sector or big corporations.
Ques. What is the eligibility criteria for B.Sc Economics?
Ans. The eligibility criteria for B.Sc Economics is:
- The candidates must have completed 10+2 from a recognized institute.
- The candidate must have obtained a minimum aggregate of 50% or above or equivalent CGPA.
- Where needed the candidate must give the entrance exam.
Ques. What is the admission process for B.Sc Economics ?
Ans. The admission process for B.Sc Economics is done based on the performance of the candidate in the qualifying exam. The candidate must score 50% aggregate in the qualifying exam to be eligible for admission to B.Sc Economics. Then a merit list will be released on the basis of which candidates can secure their admission. Some universities also require the candidate to give entrance exams so the candidate must score more than 40% on the entrance exams.
Ques. What is the entrance examination for B.Sc Economics?
Ans. Yes, there are universities that conduct entrance exams in order to select the candidates. Some of the top entrance exams are :
- DUET
- CUET
- JNUEE
- JMI EEE
Ques. What is the application fee for B.Sc Economics?
Ans. The application fee of the B.Sc Economics course depends on college to college. The minimum course fees in India is INR 5,000 while the maximum can go up to INR 1 LPA.
Ques. What is the average Salary of after completing a B.Sc Economics Course?
Ans. The entry level candidates can expect a salary between INR 3.5-4.5 L. However, this is also dependent on a number of factors such as experience, skills, academic qualification etc. Candidates with more than 5 years of experience can expect a salary of INR 8-9 LPA.
Ques. What Are the jobs afterB.Sc Economics?
Ans. The jobs after B.Sc Economics include
- Executive Assistant
- Research Analyst
- Business Development Manager
- Data Analyst
- Financial Analyst
Ques. Name the top recruiters for B.Sc Economics?
Ans. Some of the top recruiters for B.Sc Economics are:
- Capgemini
- Kotak mahindra bank
- ICICI prudential Life Insurance
- IKEA
Ques. What are the options I can pursue after the B.Sc Economics course?
Ans. Candidates after completing the B.Sc Economics course have the option of pursuing
- MBA
- PGDM
- LLB
- MA
- M.Com
Ques. Name the top colleges for B.Sc Economics course?
Ans. The top colleges for pursuing B.Sc Economics course are:
- University of Delhi
- University of Hyderabad
- Banaras Hindu University
- Jamia Millia Islamia University
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