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BA Economics, sometimes known as Bachelor of Arts in Economics. BA Economics is a three-year undergraduate degree program for students who want to work in banking, finance, or other large corporate areas.
Admissions to the BA Economics course are based on both merit and entrance tests. DUET, JNUEE, JMI EEE, Mumbai University Entrance Test, and other common entrance exams are held for admitting students to top BA Economics colleges such as Indian Statistical Institute, Jawaharlal Nehru University, Jadavpur University, and others.
Candidates can continue their education after earning a BA Economics by enrolling in courses such as MA Economics, PhD Economics, and other postgraduate economics programs. Admission to the BA Economics program is determined by both entrance exams and merit lists. The majority of a BA Economics entails the study of various economic theories, applied economics, econometrics, statistics, and a variety of other subjects.
BA Economics is a three-year undergraduate degree program that includes basic disciplines including macro and microeconomics, financial economics, and economic statistics, among others. Loyola College, St. Xavier's College, Christ University, Presidency College, and others are among the leading universities that offer a BA Economics course.
Students who complete a BA Economics course might continue their education with courses such as MA in Economics and PhD in Economics. Admission to the BA Economics course is based on merit and entrance exams. For merit-based BA Economics admissions, candidates must achieve the college or university's stated cutoff marks.
BA Economics undergraduate course primarily covers themes such as the Indian economy's history, demand and supply in economic production, national income, inflation and deflation, and so on. Within the previous decade, it has been seen that the scope and career element of the BA Economics program has risen, and it now provides candidates with several job opportunities. Minimum beginning packages for BA Economics graduates range from INR 3-5 LPA.
The highlight section will contain basic information about the BA Economics program like course duration, course fee, course level, etc. to give you a better overview of the BA Economics undergraduate program.
Also Read: BA Economics 2023 Live Updates
Name of the Course | Bachelor of Arts in Economics (BA Economics) |
BA Economics Course Level | Undergraduate |
BA Economics Duration | 3 years |
BA Economics Mode | Regular/ Distance |
BA Economics Eligibility Criteria | 50% aggregate marks in 10+2 or equivalent exam |
BA Economics Admission Process | Merit-Based/Entrance Exams |
BA Economics Average Tuition Fees | INR 15,000 - INR 65,000 |
BA Economics Average Salary | INR 3.75 LPA - INR 6 LPA |
BA Economics Areas of Employment | Trade Markets, Banks, Public/ Private Institutions, etc. |
BA Economics course includes the study of diverse economic theories, applied economics, econometrics, and other similar topics. Students can pursue BA Economics studies after clearing the 10+2 or equivalent exam with a minimum of 50% aggregate marks or more (the minimum aggregate percentage for the BA Economics admission varies from college to college). In the United States, all institutions and universities offer BA Economics programs.
Indian Economic History, Demand and Supply, Inflation and Deflation, National Income, Production and Supply, and other topics are studied in a BA Economics program. There’s a major focus on statistics throughout the BA Economics curriculum because economics is a discipline that deals with a lot of data. Because of the plethora of job opportunities available to BA Economics graduates, the number of students interested in studying BA Economics has expanded considerably over the last decade. As a beginning salary, BA Economics graduates can expect to earn between INR 3.5 and 6 LPA.
For undergraduate students, BA Economics is becoming increasingly popular. If you're thinking about enrolling in a BA Economics program, consider the following advantages of a BA Economics degree:
Excellent Fundamental Knowledge:
Studying a BA Economics course will teach you a wide range of analytical and critical thinking abilities, which leads to a wide range of professional options. Economic analysis improves your ability to understand and bring changes in current policy issues. BA Economics prepares you for a career in sectors such as global development, urban planning, policy-making, education, media, and different non-profit sectors, in addition to banking, corporate, government, and financial undertakings.
Flexible Job Options:
With a BA Economics degree, you can work in a variety of sectors and get into various job positions. BA Economics graduates have the opportunity to work in a variety of fields including the corporate sector, public sector, educational institutions, and other industrial areas.
Improved Critical Thinking:
BA Economics curriculum will push your critical thinking abilities by providing you with various practical assignments as part of your coursework. The BA Economics course is designed to help you encounter eclectic issues associated with global economics that will better prepare you to comprehend how these phenomena affect a variety of international business issues.
Students who want to take BA Economics courses must meet the following requirements in order to be accepted into universities that offer BA Economics courses:
Admissions to the BA Economics program are made based on entrance examinations and/ or merit lists depending on particular institutional requirements for their BA Economics course.
BA Economics Admission via Entrance Exam: For admission to a BA Economics program, several institutions, and universities administer an entrance exam. BA Economics admissions are granted depending on the candidate's performance in the entrance exam.
BA Economics Admission via Merit List: In this method of BA Economics admission, the colleges/ universities look at the candidates' qualifying exam scores as the most important factor.
BA Economics Counseling: Some colleges/ universities might conduct a counseling session for admissions. This is frequent among universities that have developed a large number of constituent institutes that provide comparable courses or have a large number of associated colleges that offer the same subject.
Candidates may be invited to attend counseling sessions in such instances, depending on the admission policies of the respective university. Here are the measures to undergo BA Economics admission process based on a counseling session.
The college and course that is applicable to the candidates will be largely influenced by the candidate's ranks and scores. In other words, higher-ranked candidates will have an easier time getting into BA Economics courses, whereas lower-ranked candidates may have a considerably harder time getting into the BA Economics course and college of their choice.
The university will make admission decisions based on the candidate's preferred course, the number of seats available in that course, and the candidate's score/ rank in the university-level entrance exam.
If you want to study BA Economics at one of India's best BA Economics Colleges, skip the headache and fill out the Common Application Form, which is available on our website. Our counselors will assist you in selecting the ideal college and course for you.
A few of the current updates on the BA Economics course in 2022 are mentioned below:
Also Read: BA (Hons) Economics: Course Details, Admission, Fees
Students interested in pursuing a BA Economics have to pass the required entrance tests. BA Economics entrance examinations and an interview process are used to determine admission to specific colleges.
Tests such as JNUEE, DUET, Jadavpur University Entrance Exams, JMI EEE, Mumbai University Entrance Test, and others are among the many entrance exams held by colleges to enroll students in BA Economics programs.
BA Economics Entrance Exam |
BA Economics Registration Date |
Exam Date |
JNUEE |
1st week of June 2022 |
1st week of July 2022 |
DUET |
6th April 2022 |
1st week of June 2022 |
JMI EEE |
1st week of June 2022 |
1st week of July 2022 |
BHU UET |
6th April 2022 |
1st week of July 2022 |
Aspirants to a BA Economics course should have analytical and critical skills, as well as numerical skills, problem-solving skills, adaptive skills, effective communication, policy administration and management, and strong decision-making aptitude. Skills that qualify you for a BA Economics degree include:
The fees for the BA Economics course range from INR 5K to 1 LPA. The cost of a BA Economics program varies depending on the college's/ university's facilities and amenities, as well as the degree of education delivered.
College Name |
Fees Per Annum |
INR 15K |
|
INR 2 Lakhs |
|
INR 20K |
|
INR 6K |
|
INR 35K |
The BA Economics course syllabus and subjects are organized in such a way that students have a deeper comprehension of the course's numerous disciplines, which is necessary for them to develop knowledge in future courses. The following are some of the most important topics covered in the BA Economics program:
Also Read: BA Economics Course Syllabus & Subjects 2023 Semester Wise
1st Year -
Micro and Macro Economics | Mathematical Methods of Economics | Economic Statistics |
Language Subjects | Economic Theory | Financial Systems |
2nd Year -
History of Economics | Development of Economics in India | Macro & Micro Economics - Intermediate |
Econometrics | Economy and Society | Elective Subjects |
3rd Year -
Economic Development of India | Economics of the Society | Financial Markets |
Development Theory | Foreign Economics Theory | Financial Economics |
Students are taught in classrooms through theory and lectures, projects, and research assignments, among other things, in the BA Economics subjects and curriculum. The BA Economics subjects are meant to provide students with the necessary understanding of economic sensitivity and to instill confidence in them so that they can grow as economists, bring about positive changes in the country's economy, and benefit others. The entire BA Economics semester-wise subjects are listed below:
1st Year -
Semester I |
Semester II |
Evolution and definition of Economics |
Economics 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 |
- |
2nd Year -
Semester III |
Semester IV |
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 |
Mechanization |
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 |
- |
3rd Year -
Semester V |
Semester VI |
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 |
The BA Economics candidates are required to choose a few electives of their choice during the last few semesters of their BA Economics course. Some of the electives are listed below:
BA Economics job scope in India and overseas are plentiful, with a wide range of options for BA Economics graduates. After completing the BA Economics course, BA Economics graduates from different colleges/ universities across India can pursue various opportunities in the social work field, research or agricultural centres, corporate, etc. Agricultural companies, forecasting companies, manufacturing companies, educational companies, law firms, business firms, and international trade corporations demand BA Economics graduates.
BA Economics students can get job opportunities in diverse fields after graduating from the BA Economics course. They are employed in several different sectors like banking, financial institutions, private sectors, and government sectors. BA Economics graduate also receives a decent starting salary ranging from INR 3 - 5 LPA as a fresher. BA Economics graduates are in huge demand and they have an opportunity to be a part of a rewarding and lucrative career in a plethora of different job profiles like Analyst, Banker, Consultant, Manager, etc.
Also Read: BA Economics vs BA (Hons) Economics
More than 3,511 economics colleges in India provide admission to over 20,000 BA Economics undergraduates and more than 3,000 postgraduate aspirants in Economics, with a fair number of private colleges and a significant number of government colleges. Lady Shri Ram College in Delhi, Presidency College in Chennai, Chandigarh University, and others are among the top colleges in India that offer BA Economics programs.
A list of the state-wise top BA Economics colleges in India is given below:
Some of the top BA Economics colleges in Delhi are listed below:
Also Read: Top 10 Economics Colleges in Delhi University 2023
A few of the top BA Economics colleges in Bangalore are mentioned below:
Some of the top BA Economics colleges in Chennai are listed below:
Some of the top BA Economics colleges in Mumbai are given below:
A few of the top BA Economics colleges in Kolkata are listed below:
There are distance courses offered for BA Economics in addition to the standard full-time courses. Students who are unable to attend normal classes or colleges owing to a variety of reasons might enroll in distance education for BA Economics courses.
A few details to be aware of before applying for any BA Economics Distance courses are listed below.
A few of the top BA Economics distance learning colleges in India are listed below:
Also Read: Top BA Economics Colleges in India 2023
Graduates of the BA Economics degree program can find work in a variety of reputable private and public sector firms in India and overseas. Furthermore, because BA Economics has a wide range of career opportunities in India, they can work for government organizations, agricultural corporations, law firms, business firms, international trade firms, and so on. Students who complete a BA Economics course have the option to pursue a fulfilling profession in sundry job profiles as per their interests, goals, and professional aspirations.
A few of the top BA Economics job profiles are mentioned below:
Stock Broker: A Stockbroker is an intermediary with the ability to purchase and sell stocks and securities on behalf of investors in a stock market. Investors, on the other hand, are unable to trade directly on stock markets. To purchase or sell a stock on a stock market, you'll need a middleman to help you complete the transaction.
Investment Banker: Investment Bankers provide financial advice to large firms and, in some situations, also serve as government advisors. They assist their clients in raising funds. They are in charge of issuing shares, floating bonds, and negotiating the acquisition of a competitor, among other things.
Auditor: An Auditor is a person who is allowed to examine and verify financial documents for accuracy and to guarantee that businesses follow tax rules. They protect companies from fraud, point out anomalies in accounting methods, and, at special times, act as consultants, assisting companies in identifying ways to increase operational efficiency. Auditors work in a range of industries and in a variety of roles.
Candidates with a BA Economics degree are employed in a variety of financial industries, including banks, trading markets, and other government and private sectors of the economy.
Aspirants can get attractive employment offers from top worldwide organizations after successfully completing BA Economics. The following are some of the top recruiters for BA Economics programs:
Agricultural companies, economic research institutions, analysis/ forecasting firms, stock exchanges, financial information firms, banks/ credit unions, international trade companies, manufacturing firms, statistical research firms, and more are all looking for BA Economics graduates. BA Economics jobs are available in a variety of industries and it pays well. The following are some regions where BA Economics students can be recruited after the BA Economics course completion:
The average pay after completing a BA Economics program is between INR 3 and 5 LPA, however, BA Economics salaries may vary according to the position, employment responsibilities, and the types of companies hiring BA Economics graduates.
A handful of the job profiles for a BA Economics graduate are listed below along with their average compensation:
BA Economics Job Profile |
BA Economics Salary per Month |
Investment Banker |
INR 60K |
Financial Analyst |
INR 80K |
Auditor |
INR 50K |
Stock Broker |
INR 50K |
Systems Analyst |
INR 40K |
BA economics is a lot easier for students with a science background as it involves math and statistics which science students are already familiar with as compared to commerce students who may find a BA Economics course a bit difficult due to the presence of math and statistics
Yes, candidates may pursue CA professional program with a BA economics course because a CA course allows all the candidates to pursue their BA Economics degree alongside the CA course. A few of the common subjects in both courses are taxation, costing, law, accounting, auditing, etc.
Economics as a subject can be tough and demanding because it includes several different disciplines like mathematics, business, psychology, finance, etc. If you’re consistent, dedicated, and apply practical approaches to understand economic principles and issues then the subject would become fun and easier to understand.
The BA Economics aspirants should possess the following skills and qualities:
Management Skills
Analytical Skills
Problem Solving Skills
Mathematical Skills
Effective Communication skills
Good Work Ethics
The starting salary of a BA Economics graduate in India ranges from 3.5 - 6 LPA. Due to an increase in demand for economists in India, the salary projection is going to positively increase in the future.
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