About BA Economics
BA Economics is a 3–year UG course. This degree program prepares students to understand and articulate the principles of the field. It also imparts the necessary professional competencies, preparing students for the workforce.
BA Economics Eligibility as per UGC regulations, a student must earn at least a 50% in their 10+2 or equivalent course in order to be eligible to enroll in a BA Economics course. Both traditional classroom settings and online learning are available for this course. Admission to BA Economics is determined by class 12th grades. Nonetheless, admission to many reputable universities for a BA in Economics is contingent upon passing entrance exams like the CUET, PUBDET, IPU CET, and JMI Entrance Exam.
A BA in Economics course typically costs between INR 7,000 and INR 50,000. IGNOU, the Institute of Distance and Open Learning, the Institute of Distance Education, the University of Madras, and NSOU are among the institutions where students who want to pursue the course remotely can enroll.
Hansraj College, Jamia Millia Islamia, Miranda House, Christ University, and Amity University are the top universities that admit students for BA Economics programs. Following graduation from a bachelor's degree in economics, candidates may choose to work as credit analysts, actuaries, management consultants, economists, or statisticians. A graduate of BA Economics can expect to make between INR 2.8 and INR 38 lakhs per annum on average.
BA Economics Highlights 2024
The following table lists some crucial information about BA Economics, including costs, universities, employment opportunities, and salaries:
| Course Name | BA Economics course |
| BA Full Form | Bachelor of Arts in Economics |
| BA Economics Eligibility | Class 12 with at least 50% marks |
| BA Economics Duration | 3 years |
| BA Economics Fees | INR 7,000 to INR 50,000 |
| Top BA Economics Colleges | Hansraj College, Jamia Millia Islamia, Miranda House, Christ University, Amity University |
| BA Economics Salary Range | INR 2.8 LPA – INR 38 LPA |
| BA Economics Jobs | Economic consultant, Management Consultant, Actuary, Statistician, Credit Analyst |
| BA Economics Distance Colleges | IGNOU, Institute of Distance and Open Learning, Institute of Distance Education, University of Madras, NSOU |
| BA Economics Entrance Exams | CUET, PUBDET, IPU CET, JMI Entrance Exam |
| Top BA Economics Recruiters | Gartner, HDFC Bank, Morgan Stanley, Yes Bank, Deloitte |
| Read Other BA Related Articles - | |
What is BA Economics?
Economics BA or economics honors is a premium course for high scorers in class 12th commerce and art students in class 12. Central, State Universities offer the best courses for students opting for economics graduation, now even some private colleges have also come up with courses and pedagogy of high quality and standards. Just like B.com Hons, Ba Economics is usually of 3 years duration.
Why Study BA Economics?
Pursuing the course of BA Economics offers various benefits and opportunities. However, below mentioned are some reasons of why one must study the BA Economics course: -
- Understanding financial systems
- Analytical skills
- Policy Implications
- Skills versatility
- Global perspective
- Career Opportunities
- Personal finance management
- Research skills
BA Economics Eligibility Criteria
The qualifying requirements are set by the colleges that offer the BA in Economics course. Prior to pursuing a BA in Economics, candidates must have completed their education or obtained an equivalent degree from an accredited institution.
The following are the fundamental requirements for eligibility that applicants seeking a BA in Economics must meet:
| Particulars | Details |
| BA Economics Academic Qualifications | The candidates should have completed Class 12 or equivalent qualification from any stream. |
| BA Economics Marks Criteria | They should have secured at least 50% marks. |
| BA Economics Appearing or Passed Criteria | Those appearing for or have already completed Class 12 board exams are eligible. |
| BA Economics Age Limit | No age limit is prescribed. |
BA Economics: Admission Procedure
Admission in the course of BA Economics is done based on the marks secured in the entrance exams or on a merit basis. Furthermore, the BA Economics course admission procedure is mentioned below: -
- Know your application starting date and Deadlines.
- Go to the official college website and fill out the application form.
- Sign up for the Entrance Exams.
- Double-check and submit your applications.
- Repeat the same process and apply for other colleges offering BA Economics Courses.
Check also: Highest Salary Courses After 12th Science
BA Economics course Entrance Exams 2024
The following list includes some common entrance exams that applicants use to get accepted into the BA in Economics program:
| BA Economics Entrance Exams | BA Economics Exam Dates |
| Common University Entrance Test (CUET) | 15 May '24 to 24 May '24 |
| Presidency University Bachelor Degree Entrance Test (PUBDET) | 27 Jul '24 - 28 Jul '24 |
| Indraprastha University Common Entrance Test (IPU CET) | 27 Apr '24 - 12 May '24 |
| Jamia Millia Islamia (JMI) Entrance Exam | Apr '25 |
BA Economics: Syllabus
The syllabus of the course of BA Economics is mentioned below:-
| BA Economics Subjects in First Year | |
| Introductory Microeconomics | Introductory Macroeconomics |
| Mathematical Methods for Economics | Ability Enhancement Compulsory Course |
| BA Economics Subjects in Second Year | |
| Intermediate Microeconomics | Intermediate Macroeconomics |
| Statistical Methods for Economics | Introductory Econometrics |
| BA Economics Subjects in Third Year | |
| Indian Economy | Development Economics |
| Applied Econometrics | Financial Economics |
BA Economics Subjects Semester-wise 1st Year
BA Economics Syllabus: 1st Semester | BA Economics Syllabus: 2nd Semester |
Evolution and Definition of Economics | Economies of Scale |
Nature & Scope of Economics | Different Concepts of Costs Explicit & Implicit |
Methods of Economics Analysis | Accounting, Opportunity, Total fixed and Variable Costs |
Inductive & Deductive Logic, Merit, and Demerits | Marginal & Average Costs & their relationship |
Utility Demand, Supply | Concept of Revenue |
Commodities and their types | Total, Marginal & Average Revenue |
Value and Price | Break-Even Point |
Market | Concept and Classification |
Administered and Non- Administered Prices | Perfect Competition Characteristics |
Demand- Supply Equilibrium | Price and Output Determination for Firm and Industry |
Cardinal (Marshal) and Ordinal Utility | Market Equilibrium |
Approaches to Demand | Characteristics and Price- Output Determination |
Indifference Curve: Consumer equilibrium (Hichs & Slutsky) | Price Discrimination |
Price, Income and Substitution effects | Monopolistic Competition |
Derivation of Demand Curve | Characteristics Price - Output Determination |
Elasticity of Demand | Factor Pricing |
Price, Income, and Cross Elasticity | Theory of Marginal Productivity of Distribution |
Consumer Surplus and its Measurement | Concept of Adding up Theorem |
Factors of Production and their Characteristics | Theories of Wages and Rent: Classical and Modern |
Laws of Production | Interest: Concept, Classical and Keynesian Theories of Interest |
Returns to Factor and Return to Scale | Profit: Net and Gross |
Law of Variable Proportion | Theories of Profit |
Isoquants Nature and their Characteristics | - |
Producers Equilibrium | - |
BA Economics Subjects Semester-wise 2nd Year
BA Economics Syllabus: 3rd Semester | BA Economics Syllabus: 4th Semester |
Structure of Indian Economy - Primary, Secondary & Tertiary Sectors | The infrastructure of the Indian Economy |
Natural Resources, Land, Water, Forest | Irrigation, Power, Transport, Communication |
Mineral Resources | Banking and Insurance |
Demographic Features | Human Infrastructure of the Indian Economy |
Population, Size, Sex, Rural-Urban Classification | Health, Nutrition, Education, Knowledge, and Skills |
Population Distribution | Housing and Sanitation |
Recent National Population Policy | Planning in India- Objectives, Types, Strategy |
Agriculture: Nature and Importance | Analysis of Current Five-Year Plan |
Land Use Pattern | Economy- Land, land Utilization Pattern |
Trends in Agriculture Production and Productivity | Natural Resources- Forest, Water & Mineral |
Cropping Pattern | Agro-Climatic Zones |
Land Reforms: Green Revolution | Demographic Features of M.P |
Rural Credit | Agricultural Situation in Economy |
Agricultural Marketing | Cropping Pattern |
Mechanisation | Production and Productivity of Main Corps, |
Small Scale and Cottage Industries- Meaning, Importance and Problems | Sources of Credit in Agriculture, Irrigation |
Major Industries in India: Iron and Steel, Textile, Sugar, Cement, Automobiles | - |
BA Economics Subjects Semester-wise 3rd Year
BA Economics Syllabus: 5th Semester | BA Economics Syllabus: 6th Semester |
Macro Variables- Stock and Flow | Public Finance and Public Economics |
Circular Flow of income | Public, Private, and Merits Goods |
Concept of National Income- GDP, GNP | Market and State- Role and Functions |
Measurement of National Income and Social Accounting in India | Principle of Maximum Social Advantage |
National Income and Economic Welfare | Sources of Revenue- Taxes, Loans, Grants, and Aids |
Classical Theory of Employment | Canons of Taxation |
Keynesian Theory of Employment | Principles of Public Expenditure |
Aggregate Demand and Supply Functions | Principles of Public Debt and Methods of Redaction |
Effective Demand | Wagener's Law- Increasing Activities |
Consumption Function | Effects of Public Expenditure on Production and Distribution. |
Factors Affecting Consumption | Public Finance in India |
Average and Marginal Propensities to Consume | Concept and Types of Budget |
Simple Investment | Fiscal Deficit |
Saving Function & Sources of Saving Mobilization | Deficit Financing and Deficit Budget |
Investment Function | Constitution and Function of Finance Commission |
Marginal Efficiency of Capital | Recommendation of Latest Finance Commission |
Factors Affecting Capital Formation | Latest Budget |
Concept of Accelerator | The stock of Money and its Measures |
- | Cash Transaction and Cash Balance Approaches. |
- | Inflation, Deflation, and Recession |
- | Demand-Pull and Cost-Push Inflation |
- | Bank- Meaning and Types |
- | Objectives and Limitations of Monetary Policy |
Check also: Best Courses after 12th Commerce
Top BA Economics Colleges
In India, a large number of public and private universities offer a BA in economics. It is recommended that candidates verify if the college where they intend to pursue a BA in Economics is accredited by the AICTE and recognized by the UGC.
Top BA Economics Government Colleges
Some Indian government colleges that offer a BA in economics are listed below:
| BA Economics Government College | BA Economics Government College Fees (in INR) |
| Hansraj College, University of Delhi | 540 |
| Jamia Millia Islamia | 21.6 K |
| Miranda House, University of Delhi | 44.67 K |
| UoH - University of Hyderabad | 24 K |
| Lady Shri Ram College for Women, University of Delhi | 57.51 K - 71.01 K |
| IGNOU - Indira Gandhi National Open University | 12.6 K - 14.1 K |
| Guru Gobind Singh Indraprastha University | 2.82 L |
| Atma Ram Sanatan Dharma College, University of Delhi | 540 |
| University of Lucknow | 18.16 K - 24.22 K |
| Institute of Distance and Open Learning, University of Mumbai | 16.3 K |
Top BA Economics Private Colleges
Some private Indian colleges that provide a BA in Economics are listed below:
| BA Economics Private College | BA Economics Private College Fees (in INR) |
| St. Xavier's College, Mumbai | 23.36 K |
| K J Somaiya College of Arts and Commerce | 2.4 K |
| Christ University | 2.25 L - 3.45 L |
| Amity University, Noida | 6.12 L - 9 L |
| FLAME University | 22.2 L - 29.6 L |
BA Economics Distance Education
There is no entrance exam requirement for candidates to be admitted to the Distance BA Economics program. The correspondence course fee for a Bachelor of Arts in Economics is INR 3,000–1.24 lakhs.
Some colleges that provide distance education for the Bachelor of Arts in Economics are listed below:
| BA Economics Distance College | BA Economics Distance College Fees (in INR) |
| IGNOU - Indira Gandhi National Open University | 12.6 K - 14.1 K |
| Institute of Distance and Open Learning, University of Mumbai | 16.3 K |
| Institute of Distance Education, University of Madras | 16.71 K |
| NSOU - Netaji Subhas Open University | 9.9 K |
BA Economics Job Profiles
Candidates can pursue the following BA Economics jobs -
| BA Economics Jobs | |
| Economic consultant | 10 LPA |
| Management Consultant | 26.9 LPA |
| Actuary | 9.6 LPA |
| Statistician | 9.9 LPA |
| Credit Analyst | 8.3 LPA |
Check also: Highest Salary Courses After 12th Science
BA Economics Course Top Recruiters
Some of the best businesses in India that hire graduates with a BA in economics are listed below:
| Top BA Economics Recruiters | |
| Deloitte | Gartner |
| CITI Bank | ICICI Bank |
| Axis Bank | JP Morgan |
| Morgan Stanley | HDFC Bank |
| Top BA Economics Colleges in India - | ||
What after BA Economics?
Candidates who are looking forward to pursuing their career in the field of BA Economics can study the courses that are mentioned below: -
- MA in Economics
- PhD in Economics
Also read - PhD in Economics: Courses, Syllabus, Top Colleges, Scope & Salary 2023
