Undergraduate Programme
For Women & Men
Free
Duration: 4 Years
Economics is the study of how consumers, firms and governments make decisions that together determine how resources are allocated. Studying economics at the undergraduate level is essential to understand government policy-making, the conduct of businesses, and the enormous changes in economic systems that are occurring in a rapidly changing and interconnected world.
Economists use mathematical and experimental methods in both the public and private sector to quantitatively analyse a range of real-world problems.
To this end, the Dept. of Economics provides two programmes at the undergraduate level – B.A. and B.S. The difference lies in the course structure, especially in the Minor options presented to students. Head over to the Courses page of the B.S. (Hons.) / (Hons. with Research) in Economics programme to see the difference.
The B.A. programme gives students more options in the Humanities whilst the B.S. programme is more quantitative in nature (hence the stress on a mathematical background).
Both programmes aim to provide students with a strong foundation in the principles and theories of economics, as well as the tools and techniques needed to analyze and understand the functioning of modern economies. Students will develop their critical thinking skills and the ability to apply economic concepts to real-world situations.
The programme will also provide students with a comprehensive understanding of micro and macroeconomic theories and their applications. Finally, it develops students analytical and quantitative skills to evaluate economic data and make informed decisions.
Courses are both comprehensive and varied. Apart from the discipline-specific core and elective courses, students will benefit from Ability Enhancement Courses (AEC), Multidisciplinary Courses (MDC), Skill Enhancement Courses (SEC), Value Added Courses (VAC), Internship and Industrial Visits.
In Years 3 and 4, students will choose electives to pursue a specialization in either one of the two streams: Financial Economics or Applied Economics.
Additionally, students are required to take minimum credits in minor subjects.
DOUBLE MINOR (32 credits)
In Year 1 and 2 (Semesters 1-4), students are required to take 32 credits; 16 credits each in any two subjects from the following:
- History
- Political Science
- English
- Philosophy (Women’s campus only)
- Psychology (Women’s campus only)
- Music (Men’s campus only)
The student then gets awarded a double minor degree in those two subjects.
B.A. (Hons.)
For students who complete a 4-year (8-semester) programme of study.
B.A. (Hons. with Research)
For students who secure a CGPA of 7.5 or more after the first six semesters (3 years of study) and pursue a research project during the fourth year.
Exit options as per NEP 2020 Policy.
- 10+2 years of schooling from a recognized board (CBSE or equivalent)
- Either passed or appeared for Final exams at XII level before Admissions. If not appeared for XII Standard exams, X and XI Standard marks will be considered
- Consistent academic performance of 60% aggregate marks in X and/or XII Standard
- Age: Preferably below 19 years as of 30th June in the year of admission
YEAR 1
Semester 1
Economics: Introductory Microeconomics
Awareness Course I: Sai Education for Transformation (Based on Bhagawan Baba’s Life and Teachings)
Minor Options:
History: Ancient India
Political Science: Elements of Political Science
English: Introduction to Literary Studies
Philosophy: Western Logic – Formal & Symbolic
Psychology: General Psychology
Music: Theory and Practical
Semester 2
Economics: Introductory Macroeconomics
SEC: Digital Fluency
Awareness Course II: Unity of Religions
Minor Options:
History: Medieval India
Political Science: Elements of Government
English: Basic Linguistics
Philosophy: Ethics – Normative & Applied
Psychology: Personality theories and assessment
Music: Theory and Practical 2
YEAR 2
Semester 3
Economics: Mathematics for Economics
Awareness Course III: Study of Classics I – Ramakatha Rasavahini
Minor Options:
History: Modern India (1760-1950 AD)
Political Science: Modern Governments I
English: Literatures in English
Philosophy: Indian Philosophy – From Vedic Wisdom to Classical Schools (Darshanas)
Psychology: Social Psychology
Music: Theory and Practical 3
Semester 4
Economics: Statistics for Economics
Economics: Cyber Security
Awareness Course IV: Study of Classics II – Bhagavatha Vahini
Minor Options:
History: Ancient Societies of Egypt, Mesopotamia and China
Political Science: Modern Governments II
English: ELT – Theories, Methods and Testing or English for Professional Purposes
Philosophy: Western Philosophy – Greek to Modern
Psychology: Abnormal Psychology
Music: Theory and Practical 4
YEAR 3
Semester 5
Indian Economy: Structure and Development
Intermediate Microeconomics
Money and Banking
International Economics
Elective – I
Computer Applications in Economic Analysis – I
Awareness Course V: Ethos and Values for the Changing World
Semester 6
Public Finance and Fiscal Policy
Intermediate Macroeconomics
Econometrics
Development Economics
Elective – II
Computer Applications in Economic Analysis – II
Internship
Awareness Course VI: Life and its Quest
YEAR 4
Semester 7
B.A. (Hons.) Courses:
Ethics, Economy and Society
Time Series Modelling
Research Methodology
Elective – III
Computer Applications in Economic Analysis – III
Awareness Course VII: Education for Life
B.A. (Hons. with Research) Courses:
Ethics, Economy and Society
Time Series Modelling
Research Methodology
Elective – III
Computer Applications in Economic Analysis – III
Awareness Course VII: Education for Life
Research: Project Review
Semester 8
B.A. (Hons.) Courses:
Monetary Theory and Policy
Environmental Economics
Elective – IV
Computer Applications in Economic Analysis – IV
Awareness Course VIII: God, Society and Man
B.A. (Hons. with Research) Courses:
Research: Project
Computer Applications in Economic Analysis – IV
Awareness Course VIII: God, Society and Man
ELECTIVES
Students must choose their electives from either one of the two streams offered:
Applied Economics (Stream – AE)
- Agricultural Economics
- Applied Econometrics
- Behavioural Economics and Finance
- Demography
- Economic Institutions, Systems and Theories
- Economics of Education and Health
- Economics of Insurance
- Industrial Economics
- International Economics and Finance
- International Trade
- Labour Economics
- Public Policy
Financial Economics (Stream – FE)
- Behavioural Economics and Finance
- Data Analytics
- Economics of Insurance
- Emerging Market Economies
- Financial Econometrics
- Financial Economics
- Financial Services
- Forecasting Methods for Economics and Finance
- International Economics and Finance
- International Finance
- Rural Finance
- Underwriting and Actuarial Applications
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