BA Economics Admission: Full Form, Requirements, Courses, Employment, and Pay

BA Economics Admission: Full Form, Requirements, Courses, Employment, and Pay

Admission to BA Economics 2023: BA Economics is a bachelor’s degree program in the social sciences. Students are taught how to analyze the production, distribution, and consumption of products and services in this subject. By obtaining this degree, students can gain the necessary knowledge and skills to launch a career as an economist. Here, candidates will find detailed information about the BA Economics Admissions Process.

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Candidate eligibility for the BA Economics program is determined by their most recent academic degree and entrance exam score. According to the requirements, candidates must hold an intermediate degree from a reputable board or institution. For each candidate to pass this necessary certification, they must receive a score of 40% or higher.

Students pursuing a BA in Economics have the option of choosing from a variety of relevant specialties to focus their studies in that subject. The specialities available for the BA in Economics include Behavioral Economics, Environmental Economics, Labor Economics, Development Economics, Public Economics, Econometrics, International Economics, and Financial Economics.

Candidates are advised to follow the procedures of the admission process listed below for the BA in Economics:

Application: You must first complete the application form in accordance with the instructions, enter the information of your most recent academic achievement, and attach any supporting documentation you may have, such as your intermediate pass certificate.

Entrance Exams for BA Economics Admission: Several entrance exams are held in India to grant admission to BA Economics programs. Some of these include the DUET, JNUEE, BHU UET, AMI Entrance Exam, St. Xavier’s College Entrance Exam, and Christ University Entrance Exam.

Interviews: A shortlist of candidates are invited to the interview stage. Along with the evaluation of candidates’ talents and the verification of their documentation, counseling is also carried out in this step.

Merit-based selection: Candidates are chosen based on their previous academic standing in the intermediate level; they are not required to have taken the admission exam.

Course costs range from INR 15,000 to INR 65,000 for the BA Economics course.

Average Salary: After earning a BA in Economics, you can find work in both the public and private sectors. based on a 4–8 LPA projected salary.

Highlights of BA Economics Admission

Course NameBachelor of Arts in Economics
Course LevelUnder Graduate
Admission ProcessOnline/Offline
EligibilityMinimum 40% in 10+2
Duration3 Year
Course FeeRs 15,000 To Rs 65,000 Per Annum
Average SalaryINR 4 to INR 8 LPA
Job RolesEconomist, Economic Advisor, Executive, Analyst, Consultant, Researcher, Financial Analyst, Business Analyst, Economic Research Analyst, and Stock Market Analyst.

Admission to BA Economics 2023

The Bachelor of Arts in Economics program covers all aspects of markets, products, and commerce. Learned are the fundamentals of market and economic change. It also instructs students in economic principles. The exceptions to its law are also covered in this course. From product conception to distribution, everything is learned. Full-time, regular classrooms, online, and distance learning are all available for the BA in Economics.

Eligibility Requirements

Anyone who has completed their 10+2 with high grades is eligible to apply for this program. The seats are awarded directly based only on qualifications from prior education as well as through some entrance examinations.

Structure of the Admission Fee for Economics

The cost of the BA in Economics ranges from INR 15,000 to 65,000 on average.

Admission to BA Economics Distance Learning

There are full-time, traditional classroom, online, and distance learning options for the BA in Economics program.

2023 BA Economics Syllabus

Semester ISemester II
Evolution and Definition of EconomicsEconomies of Scale
Value and PriceTotal, Marginal & Average Revenue
Utility Demand, SupplyTheory of Marginal Productivity of Distribution
Returns to Factor and Return to ScaleTheories of Wages and Rent: Classical and Modern.
Producers equilibriumTheories of Profit.
Price, Income, and Substitution effectsProfit: Net and Gross
Price, Income, and Cross ElasticityPrice Discrimination
Nature & Scope of EconomicsPrice and Output Determination for Firm and Industry
Methods of Economics AnalysisPerfect Competition Characteristics
MarketMonopolistic Competition
Laws of ProductionMarket Equilibrium
Law of Variable ProportionMarginal & Average Costs & their Relationship
Isoquant’s Nature and Their CharacteristicsInterest: Concept, Classical and Keynesian Theories of Interest
Inductive & Deductive Logic, Merit, and Demerits.Factor Pricing
Indifference Curve: Consumer equilibrium (Hichs & Slutsky)Deferent Concepts of Costs Explicit & Implicit
Factors of Production and Their CharacteristicsConcept of Revenue
Elasticity of DemandConcept of Adding up Theorem
Derivation of Demand Curve.Concept and Classification
Demand- Supply equilibrium.Characteristics Price- Output Determination
Consumer Surplus and its measurement.Characteristics and Price- Output Determination
Commodities and their typesBreak-Even Point
Cardinal (Marshal) and Ordinal UtilityAccounting, Opportunity, Total Fixed and Variable Costs
Approaches to Demand
Administered and Non- Administered Prices
Semester IIISemester IV
Structure of Indian Economy – Primary, Secondary & Tertiary SectorsThe Infrastructure of the Indian Economy
Trends in Agriculture Production and ProductivitySources of Credit in Agriculture, Irrigation
Small Scale and Cottage Industries- Meaning, Importance, and ProblemsProduction and Productivity of Main Corps,
Rural CreditPlanning in India- Objectives, Types, Strategy
Recent National Population Policy.Natural Resources- Forest, Water & Mineral
Population, Size, Sex, Rural-Urban ClassificationIrrigation, Power, Transport, Communication
Population DistributionHuman Infrastructure of the Indian Economy
Natural Resources, Land, Water, ForestHousing and Sanitation.
Mineral Resources.Health, Nutrition, Education, Knowledge, and Skills
MechanizationEconomy- Land, land Utilization Pattern
Major Industries in India: Iron and Steel, Textile, Sugar, Cement, AutomobilesDemographic Features of M.P.
Land Use PatternCropping Pattern
Land Reforms: Green RevolutionBanking and Insurance.
Demographic FeaturesAnalysis of Current Five-Year Plan.
Cropping Pattern.Agro-Climatic Zones
Agriculture: Nature and ImportanceAgricultural Situation in Economy
Agricultural Marketing
Semester VSemester VI
Macro Variables- Stock and FlowPublic Finance and Public Economics
Simple InvestmentWagener’s Law- Increasing Activities
Saving Function & Sources of Saving MobilizationThe Stock of Money and its Measures
National Income and Economic WelfareSources of Revenue- Taxes, Loans, Grants, and Aids
Measurement of National Income and Social Accounting in IndiaRecommendation of Latest Finance Commission
Marginal Efficiency of CapitalPublic, Private, and Merits Goods
Keynesian Theory of EmploymentPublic Finance in India
Investment FunctionPrinciples of Public Expenditure
Factors Affecting ConsumptionPrinciples of Public Debt and Methods of Redaction
Factors Affecting Capital FormationPrinciple of Maximum Social Advantage
Effective DemandObjectives and Limitations of Monetary Policy.

Jobs & Scope of Admission for BA Economics

Microeconomics, economic systems, macroeconomics, and other areas of economics are among its many subfields. The nature and application of economics, total margin and average revenue, and other topics are explored. They also cover topics like population, size, sex, rural-urban classification, public spending principles, etc.

Economics Jobs Available for BA

There are many work options for BA Economics graduates in both the public and private sectors, including financial services, banking, education, the stock exchange, various public and private sectors, corporations, and many more.

These graduates have a wide range of employment options; they could become investment analysts, economists, sales analysts, bank officers, etc.

Job Prospects

Numerous job prospects are available for these recent graduates. They are free to work wherever they like. They are primarily sought after in government sectors. They work in the financial and educational sectors, among other things. Both the public and private sectors may hire them. In order to hire economists, bank officers, etc., they can hire business firms, companies, etc. Gets a fantastic package.

Specializations, Eligibility, and Costs for BA Courses

CoursesEligibilityDurationFees
BA (Political Science)12th3 yearsRs 28400
BA (History)Rs 28575
BA (Economics)Rs 90550
BA (Hons) (Event Management)Rs 28675
BA (Hindi)Rs 28428
BA (English)Rs 28275
BA (Ancient Indian History & Archaeology)Rs 28075
BA (Geography)Rs 28528
BA (Home Management)Rs 28500
BA (Home Science)Rs 28450
BA Fine ArtsRs 28475
BA (Visual Communication)Rs 28650
BA (Public Relations)Rs 28300
BA (Rural Development)Rs 28628
BA (Fashion Design)Rs 28150
BA (Hons.) (Travel and Tourism)Rs 28228

Best Universities for BA Economics

Ambedkar University Delhi

Shri HK Arts College

Sri Venkateswara Veterinary University

SCAC Pune

SRM University

Aligarh Muslim University

Recommended BA Economics Admission Institution & Costs

UniversityDurationFeesApply
Ambedkar University3 years60,000 P.AINQUIRY
Loyola College11,000 P.AINQUIRY
SRM University65,000 P.AINQUIRY
ST. Xavier’s College6,000 P.AINQUIRY
Christ University50,000 P.AINQUIRY
Fergusson College9,450 P.AINQUIRY
Jai Hind College6,000 P.AINQUIRY

Frequently Asked Questions (FAQs) About Admission to the BA in Economics

What are some reputable universities offering this course?

Ans. Shri Ram College of Commerce at the University of Delhi is one of the best schools for this subject.

Sonepat’s Ashoka University.

Delhi University’s Hindu College

St. Xavier’s College in Kolkata, Madras Christian College in Chennai

How can I determine whether this course is right for me?

You should enroll in this course because:

If you’re a good mathematician

If you have a solid grasp of theories

If you appreciate market movements,

If you enjoy studying finance

3. What can I expect to make with this degree?

Ans. The first average compensation is between Rs. 1 and Rs. 5 lacs annually. While those with experience may earn between Rs. 10 and Rs. 14 Lac annually.

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