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BSc Economics - Your First Step to Become a Great Economic Thinker

SRM University AP, Andhra Pradesh
BSc Economics - Your First Step to Become a Great Economic Thinker

Economists are changing how the world works and adding value to the economy's dynamics.

Do you know which undergraduate degree ensures you'll be equipped with the econometric and mathematical tools to solve and analyse such problems? Also, which degree provides lucrative career opportunities, particularly in the current scenario? The answer is BSc Economics.

According to a survey, India is on track to become the world's third-largest economy by 2027, surpassing Germany and Japan, and have the third-largest stock market by 2030, thanks to international trends and key investments the country has made in technology and energy.

The BSc Economics program is a full-time 3-year undergraduate course that provides students with the skills and knowledge to establish a successful career in the finance sector. It is a quantitative economics degree designed for those who have already chosen to specialise in economics and have an excellent mathematical background.

Economist professionals work with data and study how to apply theory and models to analyse real-world issues.

BSc in Economics is one of the most in-demand courses at the undergraduate level. Why? After completing the degree, they study, check and analyse the quality and price of employment levels, inflation rates, products and services, and many other money-related niches.

What Is BSc Economics All About?

Pursuing a six-semester BSc Economic degree will help you tackle various economic issues and problems. Students will acquire the understanding, skills and knowledge necessary to become an economist or use economics as a significant part of their careers.

The BSc in Economics program will help you to understand what's happening in the world: what can be done to manage business cycles, how economies grow, is a 5-day week really essential and so on. Following is the list of subjects which will help you grow in your career.

With the BSc Economics degree, candidates learn new and innovative ideas to use the resources present in society, like land, raw materials, labour, and instruments required to produce goods and services. After completing their degree, students get the opportunity to work in their dream job.

Eligibility Criteria for BSc in Economics

Every university has different BSc Economic subjects, and every institution has different eligibility criteria. Listed below is the basic eligibility criteria that most universities follow for admission:

·  Students first need to complete the 12th class from any recognised board in commerce subject.

·  They need approx 45-55% of their previous qualification.

· Some universities consider national and state-level entrance exams, while others take university-level exams to check students’ capabilities.

BSc Economics Subjects

BSc Economics subjects are mostly related to the elementary in economics and mathematics. The candidates pursuing the course need to have basic knowledge of commerce and mathematics. Listed below are the major BSc Economics subjects:

·  Mathematical Applications in Economics

·  Elementary Mathematics for Economics

·  Microeconomics

·  Economic Theory

·  Macroeconomics

·  Statistical and Econometric Methods

·  The Monetary System

Objectives of BSc in Economics Degree

Specifically, the main objectives of the BSc Economics program are:

· To provide specialist training in the methods and approach of modern economics;

· To develop the skills necessary to apply a quantitative perspective to the analysis of business and economic problems;

· To equip learners with the expertise necessary to build an understanding of contemporary economic issues;

· To help students develop a range of skills, including numeracy, communication, computer literacy, problem-solving, logical argument and analytical ability;

· To provide sound preparation for a subsequent career in economics (whether in public, private or government sector) or business;

· To provide a sound preparation for further learning in economics or related areas.

The BSc in Economics course develops interest, curiosity, and ideation in the young minds of students, further leading them to build successful careers in marketing, finance, banking, actuary, auditing, statistics, etc. In short, it is among the country's most rewarding and demanding graduate-level courses. So don't waste your time and apply for it now at a prestigious university.

SRM University AP, Andhra Pradesh
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