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BA Economics Course: Full Form, Admission 2024, Fees, Syllabus, Entrance Exam, Top Colleges, Jobs, Top Recruiters

Course

Nupur yadav

Updated on 22nd August, 2024 , 7 min read

About BA Economics

BA Economics is a 3–year UG course. This degree program prepares students to understand and articulate the principles of the field. It also imparts the necessary professional competencies, preparing students for the workforce.

BA Economics Eligibility as per UGC regulations, a student must earn at least a 50% in their 10+2 or equivalent course in order to be eligible to enroll in a BA Economics course. Both traditional classroom settings and online learning are available for this course. Admission to BA Economics is determined by class 12th grades. Nonetheless, admission to many reputable universities for a BA in Economics is contingent upon passing entrance exams like the CUET, PUBDET, IPU CET, and JMI Entrance Exam

A BA in Economics course typically costs between INR 7,000 and INR 50,000. IGNOU, the Institute of Distance and Open Learning, the Institute of Distance Education, the University of Madras, and NSOU are among the institutions where students who want to pursue the course remotely can enroll.

Hansraj College, Jamia Millia Islamia, Miranda House, Christ University, and Amity University are the top universities that admit students for BA Economics programs. Following graduation from a bachelor's degree in economics, candidates may choose to work as credit analysts, actuaries, management consultants, economists, or statisticians. A graduate of BA Economics can expect to make between INR 2.8 and INR 38 lakhs per annum on average.

BA Economics Highlights 2024

The following table lists some crucial information about BA Economics, including costs, universities, employment opportunities, and salaries:

Course NameBA Economics course
BA Full FormBachelor of Arts in Economics
BA Economics EligibilityClass 12 with at least 50% marks
BA Economics Duration3 years
BA Economics FeesINR 7,000 to INR 50,000
Top BA Economics CollegesHansraj College, Jamia Millia Islamia, Miranda House, Christ University, Amity University
BA Economics Salary RangeINR 2.8 LPA – INR 38 LPA
BA Economics JobsEconomic consultant, Management Consultant, Actuary, Statistician, Credit Analyst
BA Economics Distance Colleges IGNOU, Institute of Distance and Open Learning, Institute of Distance Education, University of Madras, NSOU 
BA Economics Entrance ExamsCUET, PUBDET, IPU CET, JMI Entrance Exam
Top BA Economics RecruitersGartner, HDFC Bank, Morgan Stanley, Yes Bank, Deloitte

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What is BA Economics?

BA Economics

Economics BA or economics honors is a premium course for high scorers in class 12th commerce and art students in class 12. Central, State Universities offer the best courses for students opting for economics graduation, now even some private colleges have also come up with courses and pedagogy of high quality and standards. Just like B.com Hons, Ba Economics is usually of 3 years duration.

Why Study BA Economics?

Pursuing the course of BA Economics offers various benefits and opportunities. However, below mentioned are some reasons of why one must study the BA Economics course: -

  • Understanding financial systems
  • Analytical skills
  • Policy Implications
  • Skills versatility
  • Global perspective
  • Career Opportunities
  • Personal finance management
  • Research skills

BA Economics Eligibility Criteria

The qualifying requirements are set by the colleges that offer the BA in Economics course. Prior to pursuing a BA in Economics, candidates must have completed their education or obtained an equivalent degree from an accredited institution.

The following are the fundamental requirements for eligibility that applicants seeking a BA in Economics must meet:

ParticularsDetails
BA Economics Academic QualificationsThe candidates should have completed Class 12 or equivalent qualification from any stream.
BA Economics Marks CriteriaThey should have secured at least 50% marks.
BA Economics Appearing or Passed CriteriaThose appearing for or have already completed Class 12 board exams are eligible.
BA Economics Age LimitNo age limit is prescribed.

BA Economics: Admission Procedure

Admission in the course of BA Economics is done based on the marks secured in the entrance exams or on a merit basis. Furthermore, the BA Economics course admission procedure is mentioned below: -

  1. Know your application starting date and Deadlines.
  2. Go to the official college website and fill out the application form.
  3. Sign up for the Entrance Exams.
  4. Double-check and submit your applications.
  5. Repeat the same process and apply for other colleges offering BA Economics Courses.

Check also: Highest Salary Courses After 12th Science

BA Economics course Entrance Exams 2024

The following list includes some common entrance exams that applicants use to get accepted into the BA in Economics program:

BA Economics Entrance ExamsBA Economics Exam Dates
Common University Entrance Test (CUET)15 May '24 to 24 May '24
Presidency University Bachelor Degree Entrance Test (PUBDET)27 Jul '24 - 28 Jul '24
Indraprastha University Common Entrance Test (IPU CET)27 Apr '24 - 12 May '24
Jamia Millia Islamia (JMI) Entrance ExamApr '25

BA Economics: Syllabus

 

BA Economics Subjects

The syllabus of the course of BA Economics is mentioned below:-

BA Economics Subjects in First Year
Introductory MicroeconomicsIntroductory Macroeconomics
Mathematical Methods for EconomicsAbility Enhancement Compulsory Course
BA Economics Subjects in Second Year
Intermediate MicroeconomicsIntermediate Macroeconomics
Statistical Methods for EconomicsIntroductory Econometrics
BA Economics Subjects in Third Year
Indian EconomyDevelopment Economics
Applied EconometricsFinancial Economics

BA Economics Subjects Semester-wise 1st Year

BA Economics Syllabus: 1st Semester

BA Economics Syllabus: 2nd Semester

Evolution and Definition of Economics

Economies of Scale

Nature & Scope of Economics

Different Concepts of Costs Explicit & Implicit

Methods of Economics Analysis

Accounting, Opportunity, Total fixed and Variable Costs

Inductive & Deductive Logic, Merit, and Demerits

Marginal & Average Costs & their relationship

Utility Demand, Supply

Concept of Revenue

Commodities and their types

Total, Marginal & Average Revenue

Value and Price

Break-Even Point

Market

Concept and Classification

Administered and Non- Administered Prices

Perfect Competition Characteristics

Demand- Supply Equilibrium

Price and Output Determination for Firm and Industry

Cardinal (Marshal) and Ordinal Utility

Market Equilibrium

Approaches to Demand

Characteristics and Price- Output Determination

Indifference Curve: Consumer equilibrium (Hichs & Slutsky)

Price Discrimination

Price, Income and Substitution effects

Monopolistic Competition

Derivation of Demand Curve

Characteristics Price - Output Determination

Elasticity of Demand

Factor Pricing

Price, Income, and Cross Elasticity

Theory of Marginal Productivity of Distribution

Consumer Surplus and its Measurement

Concept of Adding up Theorem

Factors of Production and their Characteristics

Theories of Wages and Rent: Classical and Modern

Laws of Production

Interest: Concept, Classical and Keynesian Theories of Interest

Returns to Factor and Return to Scale

Profit: Net and Gross

Law of Variable Proportion

Theories of Profit

Isoquants Nature and their Characteristics

-

Producers Equilibrium

-

BA Economics Subjects Semester-wise 2nd Year

BA Economics Syllabus: 3rd Semester

BA Economics Syllabus: 4th Semester

Structure of Indian Economy - Primary, Secondary & Tertiary Sectors

The infrastructure of the Indian Economy

Natural Resources, Land, Water, Forest

Irrigation, Power, Transport, Communication

Mineral Resources

Banking and Insurance

Demographic Features

Human Infrastructure of the Indian Economy

Population, Size, Sex, Rural-Urban Classification

Health, Nutrition, Education, Knowledge, and Skills

Population Distribution

Housing and Sanitation

Recent National Population Policy

Planning in India- Objectives, Types, Strategy

Agriculture: Nature and Importance

Analysis of Current Five-Year Plan

Land Use Pattern

Economy- Land, land Utilization Pattern

Trends in Agriculture Production and Productivity

Natural Resources- Forest, Water & Mineral

Cropping Pattern

Agro-Climatic Zones

Land Reforms: Green Revolution

Demographic Features of M.P

Rural Credit

Agricultural Situation in Economy

Agricultural Marketing

Cropping Pattern

Mechanisation

Production and Productivity of Main Corps,

Small Scale and Cottage Industries- Meaning, Importance and Problems

Sources of Credit in Agriculture, Irrigation

Major Industries in India: Iron and Steel, Textile, Sugar, Cement, Automobiles

-

BA Economics Subjects Semester-wise 3rd Year

BA Economics Syllabus: 5th Semester

BA Economics Syllabus: 6th Semester

Macro Variables- Stock and Flow

Public Finance and Public Economics

Circular Flow of income

Public, Private, and Merits Goods

Concept of National Income- GDP, GNP

Market and State- Role and Functions

Measurement of National Income and Social Accounting in India

Principle of Maximum Social Advantage

National Income and Economic Welfare

Sources of Revenue- Taxes, Loans, Grants, and Aids

Classical Theory of Employment

Canons of Taxation

Keynesian Theory of Employment

Principles of Public Expenditure

Aggregate Demand and Supply Functions

Principles of Public Debt and Methods of Redaction

Effective Demand

Wagener's Law- Increasing Activities

Consumption Function

Effects of Public Expenditure on Production and Distribution.

Factors Affecting Consumption

Public Finance in India

Average and Marginal Propensities to Consume

Concept and Types of Budget

Simple Investment

Fiscal Deficit

Saving Function & Sources of Saving Mobilization

Deficit Financing and Deficit Budget

Investment Function

Constitution and Function of Finance Commission

Marginal Efficiency of Capital

Recommendation of Latest Finance Commission

Factors Affecting Capital Formation

Latest 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

Check also: Best Courses after 12th Commerce

Top BA Economics Colleges

In India, a large number of public and private universities offer a BA in economics. It is recommended that candidates verify if the college where they intend to pursue a BA in Economics is accredited by the AICTE and recognized by the UGC.

Top BA Economics Government Colleges

Some Indian government colleges that offer a BA in economics are listed below:

BA Economics Government CollegeBA Economics Government College Fees (in INR)
Hansraj College, University of Delhi540
Jamia Millia Islamia21.6 K
Miranda House, University of Delhi44.67 K
UoH - University of Hyderabad24 K
Lady Shri Ram College for Women, University of Delhi57.51 K - 71.01 K
IGNOU - Indira Gandhi National Open University12.6 K - 14.1 K
Guru Gobind Singh Indraprastha University2.82 L
Atma Ram Sanatan Dharma College, University of Delhi540
University of Lucknow18.16 K - 24.22 K
Institute of Distance and Open Learning, University of Mumbai16.3 K

Top BA Economics Private Colleges

Some private Indian colleges that provide a BA in Economics are listed below:

BA Economics Private CollegeBA Economics Private College Fees (in INR)
St. Xavier's College, Mumbai23.36 K 
K J Somaiya College of Arts and Commerce2.4 K
Christ University2.25 L - 3.45 L
Amity University, Noida6.12 L - 9 L
FLAME University22.2 L - 29.6 L

BA Economics Distance Education

There is no entrance exam requirement for candidates to be admitted to the Distance BA Economics program. The correspondence course fee for a Bachelor of Arts in Economics is INR 3,000–1.24 lakhs.

Some colleges that provide distance education for the Bachelor of Arts in Economics are listed below:

BA Economics Distance CollegeBA Economics Distance College Fees (in INR)
IGNOU - Indira Gandhi National Open University12.6 K - 14.1 K
Institute of Distance and Open Learning, University of Mumbai16.3 K
Institute of Distance Education, University of Madras16.71 K
NSOU - Netaji Subhas Open University9.9 K

BA Economics Job Profiles

Candidates can pursue the following BA Economics jobs -

BA Economics Jobs
Economic consultant10 LPA
Management Consultant26.9 LPA
Actuary9.6 LPA 
Statistician9.9 LPA
Credit Analyst8.3 LPA

Check also: Highest Salary Courses After 12th Science

BA Economics Course Top Recruiters

Some of the best businesses in India that hire graduates with a BA in economics are listed below:

Top BA Economics Recruiters
DeloitteGartner
CITI BankICICI Bank
Axis BankJP Morgan
Morgan StanleyHDFC Bank

Top BA Economics Colleges in India -

Top BA Eco Colleges in Maharashtra

Top BA Eco Colleges in Lucknow

Top BA Eco Colleges in Ghaziabad

Top BA Eco Colleges in Bangalore

Top BA Eco Colleges in Pune

Top BA Eco Colleges in Mumbai

Top BA Eco Colleges in Delhi

Top BA Eco Colleges in Jaipur

Top BA Eco Colleges in Rajasthan

What after BA Economics?

Candidates who are looking forward to pursuing their career in the field of BA Economics can study the courses that are mentioned below: -

  • MA in Economics
  • PhD in Economics

Also read - PhD in Economics: Courses, Syllabus, Top Colleges, Scope & Salary 2023

Frequently Asked Questions

What is BA Economics

Ans. BA Economics is a 3–year UG course. It teaches candidates about finance, econometrics, etc.

What does BA Economics do

Ans. The Bachelor of Arts in Economics, or BA Economics for short, is a programme that teaches students how to gather, evaluate, and interpret data using statistical and economic methods. The themes covered in the BA Economics course include international trade, public policy, market dynamics, and economic development.

What are the jobs for BA Economics

Ans. The jobs in BA Economics field include Investment Banker, Financial Analyst, Stockbroker, Auditor, and Systems Analyst.

Is BA Economics a good choice

Ans. For your post-secondary study, a Bachelor of Arts in Economics (BA Economics) can be a great option. Selecting a major for college can be difficult because it determines your path for the future. Thus, a Bachelor of Arts (BA) in Economics is a well-liked choice that lots of pupils take into consideration.

Is BA Economics better than BCOM

Ans. Analyse the abilities you hope to acquire. A B.Com (Hons.) degree could be the best option if you have a preference for finance, corporate management, or quantitative analysis. A B.A. (Hons.) in Economics might be a better choice if you’re interested in economic theories, policy analysis, and research.

Is BA Economics good for future

Ans. Graduates with a bachelor's degree in economics and finance are increasingly in demand for fast employment in a variety of industries, including banking, business, trading, and government. A graduate of BA Economics and Finance often starts out making between 7 and 10 LPA. As a candidate has more experience, this data increases.

Is BA Economics very tough

Ans. Because a BA in Economics requires mastering a wide range of theoretical terms and concepts, it can be a challenging degree. You must set aside a significant amount of time each day to comprehend the range of subjects that you will be taught.

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