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School of Social Sciences and Humanities

B.Sc. Economics (Hon.)
Program Overview

The B.Sc. Economics programme offers a comprehensive and well-structured curriculum that prepares students to analyse markets, interpret policy decisions, and navigate the complexities of today’s economic environment. The 4-year program is multiple exit 4 and has curriculum which builds strong foundations in economic theory while gradually leading students toward advanced analytical, quantitative, and research-oriented skills. Spread across eight semesters, the programme integrates economics with mathematics, statistics, finance, public policy, and data analytics, enabling students to analyse markets, interpret policy effects, and study real-world trends using digital tools such as Python, Excel, and data visualisation software. A key strength of the programme is its balance between conceptual depth and practical exposure, with internships embedded into alternate semesters to help students apply classroom learning in banks, financial institutions, government departments, analytics firms, and development organisations. By the end of the course, students develop the ability to think critically, interpret data accurately, and communicate insights effectively, preparing them for a wide range of career avenues. Graduates become eligible for roles in banking and financial services such as credit analyst, financial analyst, risk analyst, or investment banking trainee; positions in data and research fields including data analyst, business analyst, market research analyst, and economic research assistant; public policy and development sector roles such as programme associate, policy research assistant, and analyst in government-linked organisations; and corporate positions in strategy, consulting, and business operations. The programme also lays a strong foundation for higher studies in economics, public policy, financial economics, development studies, data science, or management, and supports preparation for competitive examinations and banking services. Overall, the programme aims to nurture well-rounded, analytical, and industry-ready graduates equipped to contribute meaningfully to a rapidly evolving economic environment.

Objective
  • To enable students to critically and objectively analyse economic, business, public policy, and societal issues using multidisciplinary perspectives.
  • To develop strong analytical, quantitative, and problem-solving abilities through rigorous training in economic theory, modelling, and data-driven approaches.
  • To nurture research orientation by equipping students with the skills required to undertake independent research projects and produce evidence-based insights.
  • To enhance students’ proficiency in using modern analytical tools and technologies to interpret data, evaluate policies, and support informed economic decision-making.
  • To strengthen communication, writing, and presentation skills essential for academic excellence, professional growth, and effective dissemination of economic analysis.
  • To cultivate intellectual curiosity, ethical understanding, and a commitment to lifelong learning, preparing students to adapt to evolving economic and societal challenges.
Duration

4 years with multiple exit options- Full time course (48 Months)

Medium of Instruction

English

Program Pattern

Semester

Assessment

Courses will include Continuous Assessments, Midterm Examinations, and End-term Examinations, as determined by the faculty. However, some courses may rely entirely on Continuous Assessment.

Standard of Passing

Student performance in each examination is evaluated based on relative grading. To pass any course, students must independently meet the minimum requirements for both continuous assessments and term-end examinations, achieving a grade point of at least 4, equivalent to an "F." Students scoring less than 40% in any evaluation component will be deemed Fail. The University awards a Certificate, Diploma, or Degree to students who attain a minimum cumulative grade point average (CGPA) of 4 out of a maximum of 10 for the program.

Award of Degree (Multiple Exit Program)
    • Certificate in Economics (After Semester 2): Will be conferred to students at the end of the 2nd semester, subject to satisfactory academic performance in all semester examinations, attainment of a minimum CGPA of 4.00/10, and successful completion of the 4-credit vocational course during the summer.
    • Diploma in Economics (After Semester 4): Will be conferred to students at the end of the 4th semester, subject to satisfactory academic performance in all semester examinations and attainment of a minimum CGPA of 4.00/10.
    • Bachelor of Science (Economics) (After Semester 6): With the applicable minor, will be conferred to students at the end of the 6th semester, subject to satisfactory academic performance in all semester examinations and attainment of a minimum CGPA of 4.00/10.
    • Bachelor of Science (Economics Honours and Research) (After Semester 8): Will be conferred to students at the end of the 8th semester, subject to satisfactory academic performance in all semester examinations and attainment of a minimum CGPA of 4.00/10.
Program Outcomes (POs) for B.Sc. Economics
    • PO1: Economic Knowledge and Understanding: Graduates will demonstrate a strong foundation in microeconomics, macroeconomics, quantitative methods, and applied economic analysis, enabling them to understand and explain economic behaviour, markets, institutions, and policy issues.
    • PO2: Analytical and Quantitative Reasoning: Graduates will develop the ability to apply mathematical, statistical, and econometric tools to analyse data, identify relationships, test hypotheses, and draw evidence-based conclusions.
    • PO3: Critical Thinking and Problem Solving: Graduates will be able to critically evaluate economic problems, compare alternative theories, interpret economic phenomena, and propose innovative solutions using logical, structured reasoning.
    • PO4: Research and Data Competencies: Graduates will be capable of conducting independent research by formulating questions, collecting and analysing data, interpreting empirical results, and presenting well-supported arguments using modern tools such as Excel, Python, and data analytics software.
    • PO5: Application of Economics to Real-World Issues: Graduates will apply economic theories and analytical frameworks to evaluate real-world challenges in areas such as public policy, development, finance, environment, business strategy, and global economic trends.
    • PO6: Effective Communication Skills: Graduates will be able to communicate complex economic ideas clearly and persuasively through written, visual, and oral formats, suitable for academic, professional, and policy-related contexts.
    • PO7: Ethical Reasoning and Social Awareness: Graduates will recognise ethical issues in economic decision-making, demonstrate integrity, understand socio-economic inequalities, and apply economic reasoning to promote inclusive and sustainable development.
    • PO8: Digital and Technological Proficiency: Graduates will use digital tools, computational techniques, and analytical platforms to work with economic and financial data, supporting technology-driven decision-making in modern economies.
    • PO9: Entrepreneurial and Managerial Competence: Graduates will develop the ability to apply economic principles to business planning, market analysis, strategic decision-making, and entrepreneurial ventures, preparing them for roles in industry and startups.
    • PO10: Interdisciplinary and Global Perspective: Graduates will integrate insights from finance, politics, statistics, management, and Indian Knowledge Systems to analyse global and national economic issues with a holistic, culturally aware perspective.
    • PO11: Lifelong Learning and Adaptability: Graduates will cultivate curiosity, self-learning, adaptability, and the ability to continuously update skills to thrive in an evolving economic and technological landscape.
    • PO12: Professional Preparedness and Employability: Graduates will possess industry-relevant skills, practical training, and internship experience enabling them to enter careers in research, banking, finance, consulting, analytics, government, or pursue higher studies.
Program Specific Outcomes (PSOs) for B.Sc. Economics
    • PSO1: Economic Theory Mastery and Application: Graduates will be able to apply core economic theories—microeconomics, macroeconomics, development economics, and international economics—to analyse markets, interpret economic behaviour, and evaluate policy outcomes.
    • PSO2: Quantitative, Statistical, and Econometric Skills: Graduates will demonstrate proficiency in mathematical economics, statistics, and econometrics to build models, analyse data, estimate relationships, and validate empirical findings.
    • PSO3: Data Analytics and Computational Proficiency: Graduates will be able to use analytical tools such as Python, R, Excel, and data visualisation platforms to manage datasets, perform statistical analyses, develop models, and interpret trends relevant to economics and finance.
    • PSO4: Financial and Business Economics Understanding: Graduates will apply economic reasoning to financial markets, banking systems, investment decisions, business strategies, and entrepreneurial ventures, enabling them to connect economics with real-world business applications.
    • PSO5: Policy Analysis and Development Perspectives: Graduates will use economic frameworks to assess public policies, examine issues of inequality, poverty, sustainability, and development, and provide evidence-based recommendations for economic and social progress.
    • PSO6: Application of Indian Knowledge Systems (IKS) in Economics: Graduates will appreciate indigenous economic thought, governance models, sustainability concepts, and behavioural insights from Indian classical texts, integrating traditional knowledge into modern economic understanding.
    • PSO7: Research Capability and Evidence-Based Problem Solving: Graduates will be able to design and conduct independent research—formulating questions, using data, applying econometric tools, and presenting analytical results relevant to economics, public policy, and financial applications.
    • PSO8: Industry Readiness and Professional Competence: Through internships, practical coursework, and applied analytics, graduates will develop the skills necessary for employment in research firms, banks, financial institutions, consulting, government agencies, and the corporate sector.
Course Structure
Semester 1
Course Code Course Title Type of Course L T P C H
PE Principles of Economics Economics 4 0 0 4 4
EM Essentials of Mathematics Math 3 1 0 4 4
IE Indian Economics Economics 3 0 0 3 3
SE Statistics I Statistics 3 1 0 4 4
BC Business Communication Soft Skill 2 0 0 2 2
AE Advanced Excel IT 1 0 1 2 3
VM Vedic Mathematics IKS 2 0 0 2 2
Total Credits of Semester 1 18 2 1 21 22
Semester 2 (On completion of Sem 2- Certificate in Economics with IT Applications)
Course Code Course Title Type of Course L T P C H
ME Microeconomics I Economics 3 0 0 3 3
MAE Macroeconomics I Economics 3 0 0 3 3
ST Statistics II Statistics 2 1 0 3 3
BAFA Business Accounting and Financial Analysis Accounting 3 1 0 4 4
ME Mathematics for Economics Math 2 1 0 3 4
IP Introduction to Python IT 2 0 2 4 6
VE Vedic Economics IKS 2 0 0 2 2
Rural Internship 0 0 0 2 4
Sub Total Credits (Sem 1–2) 17 3 2 24 29
Total Credits (Sem 1–2) 45

Semester 3
Course Code Course Title Type of Course L T P C H
ME Microeconomics II Economics 3 0 0 3 3
MAE Macroeconomics II Economics 3 0 0 3 3
ET1 Econometrics I Quantitative Economics 2 1 0 3 3
FM Financial Management Finance 3 1 0 4 4
AEDA Applied Econometrics and Data Analysis using Python IT 1 0 2 2 5
DE Development Economics I Economics 3 0 0 3 3
YL Yoga and Lifestyle IKS 2 0 0 2 2
Total Credits of Semester 3 17 2 2 20 23
Total Credits (Semester 1–3) 65
Semester 4 (On completion of Sem 4- Diploma in Economics)
Course Code Course Title Type of Course L T P C H
BEA Business Environment Analysis Economics 3 0 0 3 3
EC2 Econometrics II Quantitative Economics 2 1 0 3 3
DE-II Development Economics II Economics 3 0 0 3 3
AEDA Applied Econometrics and Data Analysis using Python-II IT 1 0 2 2 5
IE International Finance Finance 3 0 0 3 3
ME Indian Banking and Financial System Banking 3 0 0 3 3
AHE Ayurveda and Health Economics IKS 2 0 0 2 2

(Semester 5-8 Track: Applied Economics) Semester 5: Track – Applied Economics
Course Code Course Title Type of Course L T P C H
PE Public Economics Economics 3 0 0 3 3
ERJ Economic Reporting and Journalism Economics 2 0 0 2 2
BEF Behavioural Economics and Decision Science Economics 3 0 0 3 3
CE Environmental Economics, Climate Finance & Sustainable Investing Economics and Finance 3 0 0 3 3
DV Data Visualisation IT 2 0 2 4 6
MB Mahabharata IKS 1 0 0 1 1
Total Credits of Semester 5 14 0 0 16 18
Total Credits (Semester 1–5) 103
Semester 6: Track- Applied Economics (On completion of Sem 6- Bachelor of Science (Economics))
Course Code Course Title Type of Course L T P C H
BAE Business Analytics for Economic Decision Making IT 4 0 0 4 4
IE Industrial Economics Economics 3 0 0 3 3
GWES Energy Economics Economics 3 0 0 3 3
RM Research Methodology Research 3 0 0 3 3
BMBP Entrepreneurial Business Economics: Modelling, Analysis, and Business Strategy Entrepreneurship 3 1 0 4 4
FDFA FinTech, Digital Economy, and Financial Applications in India Finance 3 0 0 3 3
Internship 0 0 0 4 6
Total Credits of Semester 6 22 1 0 24 26
Total Credits (Semester 1–6) 127

Semester 7: Track- Applied Economics
Course Code Course Title Type of Course L T P C H
AE Agricultural Economics Economics 2 0 0 2 2
AAE AI Applications in Economics IT 4 0 0 4 4
TPE Investment Analysis and Portfolio Management Finance 3 1 0 4 4
ET Economic Thought Economics 3 0 0 3 3
CE Circular Economy Economics 2 0 0 2 2
EWB Emotional Well-being IKS 1 0 0 1 1
RES Policy Lab Research 0 0 0 4 8
Total Credits of Semester 7 15 1 0 20 24
Total Credits (Semester 1–7) 147
Semester 8: Track- Applied Economics (On completion of Sem 8 -Bachelor of Science Economics Honours and Research)
Course Code Course Title Type of Course L T P C H
PAP Public Administration and Policy Economics 2 0 0 3 2
LET Law and Economic Theory Economics 2 0 0 3 2
RES Research Project / Dissertation Research 0 0 0 12 24
Total Credits of Semester 8 21 1 0 18 28
Total Credits (Semester 1–8) 165
(Semester 5-8 Track: Financial Economics) Semester 5: Track – Financial Economics
Course Code Course Title Type of Course L T P C H
IAPM Investment Analysis and Portfolio Management Finance 4 0 0 4 4
BADV Data Visualisation IT 2 0 2 4 6
CFFD Corporate Finance and Financial Decision Making Finance 4 0 0 4 4
FDRM Financial Derivatives and Risk Management Finance 3 1 0 4 4
ECS Environmental Economics, Climate Finance & Sustainable Investing Economics 2 0 0 2 2
MB Mahabharata IKS 2 0 0 2 2
Total Credits of Semester 5 17 1 2 20 22
Total Credits (Semester 1–5) 107
Semester 6: Track – Financial Economics (On completion of Sem 6- Bachelor of Science (Economics))
Course Code Course Title Type of Course L T P C H
BMBP Entrepreneurial Business Economics: Modelling, Analysis, and Business Strategy Entrepreneurship 3 1 0 3 3
CF Corporate Finance Finance 3 0 0 3 3
FDF Fintech and Digital Finance Finance 3 0 0 3 3
BAE Business Analytics for Economic Decision Making IT 4 0 0 4 4
BF Behavioural Finance Finance 2 0 0 2 2
EWB Emotional Well Being IKS 1 0 0 1 1
Internship Internship Practical 0 0 0 3 6
Total Credits of Semester 6 16 0 0 19 22
Total Credits (Semester 1–6) 126
Semester 7: Track – Financial Economics
Course Code Course Title Type of Course L T P C H
TASM Technical Analysis of Stock Market Finance 3 0 1 3 5
CRM Credit and Risk Management Finance 3 1 0 4 4
APPM Asset Pricing and Portfolio Management Finance 2 1 0 3 3
CE Circular Economy Economy 2 0 0 2 2
RM Research Methodology Research 3 0 0 3 3
AAE AI Applications in Economics IT 2 0 0 2 2
RES Capstone: Applied Financial Research / Trading Lab / Portfolio Lab Research 0 0 0 4 8
Total Credits of Semester 7 15 2 1 21 27
Total Credits (Semester 1–7) 147
Semester 8: Track – Financial Economics (On completion of Sem 8- Bachelor of Science, Economics Honours & Research)
Course Code Course Title Type of Course L T P C H
FM Financial Modelling Finance 3 1 0 4 4
FDFI Fintech, Digital Banking and Financial Innovation Finance 2 0 0 2 2
RES Research Project / Dissertation Research 0 0 0 12 24
Total Credits of Semester 8 5 1 0 18 30
Total Credits (Semester 1–8) 165
(Semester 5-8 Track: Data Science and Digital Economics) Semester 5: Track – Data Science and Digital Economics
Course Code Course Title Type of Course L T P C H
DSA Data Science and Analytics IT 2 0 1 3 4
DME Database Management & SQL for Economists IT 3 0 2 4 7
ETI Economics of Technology and Innovation Economics 3 0 0 3 3
FDBFI Fintech Ecosystems and Digital Financial Innovation Finance and Technology 4 0 0 3 4
BADV Data Visualisation IT 2 0 2 3 6
MB Mahabharata IKS 1 0 0 1 2
Total Credits of Semester 5 16 0 5 17 24
Total Credits (Semester 1–5) 104
Semester 6: Track – Data Science and Digital Economics (On completion of Sem 6- Bachelor of Science (Economics))
Course Code Course Title Type of Course L T P C H
MLDM Machine Learning for Economic Decision Making IT 3 0 2 4 7
CEAM Computational Economics and Agent Based Modelling IT 3 0 2 4 7
BMBP Entrepreneurial Business Economics: Modelling, Analysis, and Business Strategy Economics 3 1 0 4 4
FDF Advanced FinTech Systems, Digital Infrastructure & Open Finance Finance and Technology 3 0 0 3 3
EWB Emotional Well Being IKS 1 0 0 1 1
RM Research Methodology Research 3 0 0 3 3
INT Internship 0 0 0 4
Total Credits of Semester 6 15 1 4 23 27
Total Credits (Semester 1–6) 127
Semester 7: Track – Data Science and Digital Economics
Course Code Course Title Type of Course L T P C H
BDA Big Data Analytics for Business and Economic Strategy IT 2 0 2 4 6
CE Circular Economy Economics 2 0 0 2 2
AAE AI Applications in Economics IT 1 0 2 3 5
BDD Blockchain, Digital Assets and Decentralized Finance (DeFi) IT & Finance 3 0 0 3 3
C Certification IT 2 0 0 3 2
RES Project: Digital Economy and Data Science Research 0 0 0 4 4
Semester-8 (On completion of Sem 8- Bachelor of Science, Economics Honours & Research)
Course Code Course Title Type of Course L T P C H
DGPTR Digital Governance, Privacy and Tech Regulation IT 3 0 0 3 3
DM Data Mining IT 2 0 2 4 6
RPD Research Project / Dissertation Research 0 0 0 12 24
Total Credits of Semester 8 19 0 2 19 33
Total Course Credits (Semester 1–8) 165
Eligibility
Students should have passed XII (10+2) or equivalent examination from any recognised Board with a minimum of 50% marks or equivalent grade (45% Marks or equivalent grade for Scheduled Caste/ Scheduled Tribes). Students who wish to opt for Honours with Research must have 7 CGPA at the end of the Semester.
Selection Procedure
12th grade percentage.
Written test (Math/ Logical Reasoning) & Personal interview.
Fee Structure
  • Tuition Fee: Rs. 1,00,000/- per semester
  • Registration Fee: Rs. 2,500/- per semester
  • Caution Deposit: Rs. 10,000/- (Refundable at the end of the program)
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