Online BA in Economics: Course, Fees and Colleges 2024

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An online BA in Economics in India entails coursework that covers economic theory, quantitative tools, and exposure to its uses comprehensively. This program equips the students with finance, management consulting, government jobs, international organizations, and trade. It has subfields in microeconomics, macroeconomics, econometrics, and development economics – which helps working people or those unable to attend physical classrooms learn on their own. This degree that integrates online lectures, assignments, and exams has tracks that can lead the learners to further studies and many career prospects in economics and related disciplines.

Why BA in Economics?

Studying economics involves delving into the intricacies of systems on a national scale, fostering problem-solving abilities and analytical thinking. Graduates with this qualification can pursue career opportunities in finance, consulting, government sectors, international organizations, and research firms. Moreover, obtaining a degree in economics equips students for studies in fields such as economics itself, business administration, and law, among others. Furthermore, economists play a role in shaping policies, addressing issues, and making valuable contributions to the community.

Who should pursue a BA in Economics?

A Bachelor’s degree program in economics appeals to individuals who derive satisfaction from data analysis and possess an interest in comprehending the workings of economies while influencing economic strategies. This program caters to those aspiring towards careers in finance, consulting services, government roles, international organizations. or academia. It is especially advantageous for individuals who value understanding the economy’s interconnectedness and hold a passion for areas like education and healthcare. Effective communication skills, alongside a dedication to learning and personal growth, are crucial for thriving within this field.

Programme Educational Objectives

These objectives outline the specific aims and developmental goals of the BA in Economics program:

Advantages of BA in Economics

Career options after BA in Economics

Students who wish to do a BA in Economics in India can get various job opportunities in different fields after their graduation. Some prominent career options include:

Syllabus for BA in Economics

Semester 1

Semester 2

  • Introductory Microeconomics
  •  Mathematical Methods for Economics-I
  •  Ability Enhancement Compulsory Course (AECC)-I
  • Generic Elective (GE) Course-I
  • Introductory Macroeconomics
  • Mathematical Methods for Economics-II
  •  Ability Enhancement Compulsory Course (AECC)-II
  • Generic Elective (GE) Course-II

Semester 3

Semester 4

  •  Intermediate Microeconomics-I
  • Intermediate Macroeconomics-I
  •  Statistical Methods for Economics
  •  Skill Enhancement Course (SEC)-I
  • Generic Elective (GE) Course-III
  •   Intermediate Microeconomics-II
  •   Intermediate Macroeconomics-II
  • Introductory Econometrics
  •  Skill Enhancement Course (SEC)-II
  • Generic Elective (GE) Course-IV

Semester 5

Semester 6

  • Indian Economy-I
  • Development Economics-I
  •  Discipline Specific Elective (DSE) Course-I (From List of Group-I)
  • Discipline Specific Elective (DSE) Course-II (From List of Group-I)
  • Group-I (Discipline Specific Elective (DSE) Courses)
  •  Indian Economy-II
  •   Development Economics-II
  • Discipline Specific Elective (DSE) Course-III (From List of Group-II)
  • Discipline Specific Elective (DSE) Course-IV (From List of Group-II)
  • Group-II (Discipline Specific Elective (DSE) Courses)

What you’ll learn in BA in Economics?

In an Online BA in Economics program, you dive into a wide mix of subjects and build key skills to understand, study, and shape economic systems. Here’s a simple look at what you’ll learn:

Universities Offering Online BA in Economics

University

Course Fees

Indira Gandhi National Open University (IGNOU)

INR 9,600

Dr. B.R. Ambedkar Open University (BRAOU)

INR 7,700

University of Mumbai (IDOL)

INR 3,800

Karnataka State University

INR 7,500

Netaji Subhas Open University (NSOU)

INR 9,900

Maharishi Dayanand University, Rohtak

INR 12,000

University of Madras (IDE)

INR 17,710

Annamalai University

INR 15,000

Eligibility criteria for BA in Economics

The eligibility criteria for pursuing a BA in Economics through distance or online education in India include:

Admission Process for BA in Economics

The admission process for a BA in Economics through distance or online education in India generally involves the following steps:

Recommended Books for BA in Economics

  1. Principles of Economics by N. Gregory Mankiw
  2. Microeconomics: Theory and Applications by Dominick Salvatore
  3. Macroeconomics by Rudiger Dornbusch, Stanley Fischer, and Richard Startz
  4. Economic Growth by David N. Weil
  5. Development Economics by Debraj Ray
  6. International Economics by Paul Krugman and Maurice Obstfeld
  7. Public Finance in Theory and Practice by Richard Abel Musgrave and Peggy B. Musgrave
  8. Environmental Economics: An Introduction by Barry C. Field and Martha K. Field
  9. Mathematics for Economists by Malcolm Pemberton and Nicholas Rau
  10. Econometric Analysis by William H. Greene

Summary

Online BA in Economics program provides students with a grasp of theories, quantitative techniques, and policy analysis. It combines understanding with abilities that empower graduates to tackle intricate economic challenges and make meaningful contributions in sectors like finance, consulting, government, and research. The interdisciplinary method enhances thinking and analytical skills to prepare students to develop in economic environments. Graduates acquire knowledge of systems and problem-solving capabilities, which makes them valuable resources in professions that demand profound economic understanding and analytical prowess.
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