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BA Economics - One of the Most Pursued Economics Courses in India

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BML Munjal University (BMU)

Economics is a branch of Social Science essential for educating students about the scarcity of resources, manufacturing, distribution, and consumption of goods and services. The Economics study helps the candidates gain proper knowledge of the various economic issues. Furthermore, studying Economics also allows students to learn the basic principles and techniques designed for the judicial use of available resources to produce maximum output. 


Almost all top colleges in India offer a wide range of Economics courses at UG, PG, and Doctorate levels. However, BA Economics is one of the most pursued courses at the undergraduate academic level.


What is BA Economics?


BA or Bachelor of Arts in Economics is an undergraduate three-year degree course. It includes study areas like markets, economics, banking, etc.

According to research, India is poised to rise at 7-8% over the coming year and will become the third largest economy by 2030 on the back of four massive reforms by the government.

During the course, students study subjects like Economic Statistics, Macro and Micro Economics, Financial Economics, etc. The course is designed to deal with several problems and issues related to Economics and handle them efficiently.


BA Economics Syllabus and Subjects


BA Economics syllabus and subjects are structured in excellent ways to enhance students' knowledge and understanding of the domain. Listed below are some subjects covered in the BA Economics syllabus: 

  • Money and Banking
  • Legal Studies
  • Econometrics
  • International Trade
  • Economic Policy
  • Collective Decisions
  • Global Finance
  • Economic History


The Role of an Economist 


The role of an Economist is to study and check the price of products and services, inflation rates, employment levels, and many other financial and money-related niches. Listed below are a few things they do in any industry:

  • Compare customer sales and demand trends to optimise profits
  • Analysing and collecting data
  • Forecast spending
  • Conduct surveys
  • Publish articles on a variety of market trends
  • Prepare budgets
  • Interpret, predict and research future economic conditions
  • Assessing government policies
  • Provide advice on business strategy


The Benefits of Studying BA in Economics


Pursuing a BA Economics program will provide you with deep knowledge of the field and give you an idea about how to apply it in the real business world. One of the best advantages of this degree is that you also have plenty of career options in India and overseas. It depends upon your interest and where they want to apply. To get your favourite job in your dream company, you first have to develop the following skills, which is possible with a BA Economics course:

  • Problem-solving
  • Time management
  • Research
  • Communication
  • Numeracy


Approximately 36% of all Economists work for a state or federal agency. In addition, economists work as professors, in corporations or as part of economic think tanks.

After completing a BA Economics degree, students can pursue many career options in different industries. Listed below are a few of them:

  • Accountancy
  • Banking
  • Consultancy
  • Finance
  • Consultancy
  • Business
  • Government


Higher Education Options After BA Economics


No one will deny that pursuing a higher degree will provide you with a higher salary package in India and overseas. For many students, a higher degree is essential to get a good position in any organisation. Following are some of the higher degree courses you can pursue after a BA Economics:

  • ·         MA in Economics
  • ·         MBA
  • ·         B.Ed
  • ·         M.Com
  • ·         LLB
  • ·         PGDM

Economics provides a broad range of career options that offer vast technical and practical knowledge about the world. In addition, the program sows the seed of curiosity, creativity, and interest in the student's minds so they can build promising careers in Actuary, Banking, Marketing, Statistics, Finance, and many more.

In short, this degree has given us legends like P.Chidambaram and Dr Manmohan Singh, and the list will never end. So if the information mentioned above sparks your mind and builds your interest in selecting this as a career option and go for it today!

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