ECONOMICS

                 DEPARTMENT OF ECONOMICS

Economics is considered as ever green subject due to its high utility and huge demand in the job markets. Economics is a very important discipline both for career as well as job point of view. The significance of economics has greatly increased post reforms era. Job opportunities have increased manifolds post liberalisation, privatisation and globalisation (LPG), and after merging of world economy. Well-trained economists are in huge demand not only in India but also across the world for rapidly globalising economic scenario. They are hired as economic analysts, researchers and consultants.

Economic Courses and Eligibility

The teaching of economics starts from the XI standard. To get admission in a good college, one has to secure good marks in economics at XI and XII exams. After passing B.A. in economics, one may pursue M.A. and Ph.D. in economics with some specialization.

Economics course syllabus includes the papers like mathematical economics, statistical economics, monetary economics, international economics, developmental economics, econometrics, public finance, and economic policy making.  The specialisation in the field of economics increases its importance. The specialised areas are finance, agriculture, econometrics, rural development, health, business development, international economics, industrial law and human resource.

What are the Career Prospects in Economics?

The career prospects for economics graduates are many. Numerous fields are waiting for economic graduates both in the public as well as the private sectors. In the government sector, one may try for Indian Economic Services, jobs in Reserve Bank of India, PSUs and other public sector banks. All these jobs have wonderful career options. These jobs give you social prestige along with financial stabiAlity. Private sector also offers jobs for economic graduates in the fields like private banks, MNCs, BPOs, KPOs, Business journals, and newspapers. A good opportunity is also waiting for economic students in higher education. One can pursue NET and Ph.D. in economics to enter into the field of teaching in colleges and universities.

One makes a successful career as a Corporate Lawyer after BA in economics followed by LLB.  BA in economics and MBA places one at a better position in the private sector.  Economic Journalism is another shining area for job perspective.