Introduction to Economics
Economics is the branch of Social Science that mainly focuses on the behaviour and interactions of economic agents. The economics is basically concerned with production, distribution and consumption of goods and services. It is basically the study that involves allocation of the resources for production, distribution and consumption for both individual level and collective levels in the society.
Economics is broadly classified into Microeconomics and Macroeconomics. Microeconomics focuses on the behaviours of individual consumers and producers. While Macroeconomics focuses on the overall economic behaviour at national and international scale. Economics is especially concerned about the efficiency of the production and exchange of the goods and services. It uses models and assumptions to understand the problems and create incentives and policies that maximise productivity.
A brief about BA Economics
BA Economics is the 3-year degree course that deals with the discipline of Economic sciences and other related areas. The students who have completed their PUC or 10+2 classes are eligible to apply for BA Economics courses. The main aim of the course is to train the students and enable them to develop a wide range of skills and also prepare them for the current business world. The students are trained to face the challenges that arise in the field of economic sciences in the present scenario.
The BA Economics course sows a seed of curiosity and interests in the young minds of students. The course helps the students to have fruitful careers in banking, finance, statistics, auditing, marketing etc.
Careers where the BA Economics students can flourish
Economics is the highly sought after engineering and medical field by many students in recent years. The main reason for the popularity of the course is that the students of economics are preferred by almost all the organisations for their skill sets. Every organisation has an internal finance team and economic students are largely preferred for the various positions by an organisation. The scope for economics is very vast and the students are trained in all the aspects of economics. These factors make the students of economics highly employable and highly-skilled professionals.
The BA Economics students can find lucrative job roles in the industry, soon after the completion of their degree. The students who are interested in higher studies can join the master courses like MA Economics, MBA, PGDM etc to get more exposure and practical knowledge. They can also take up teaching profession by joining colleges and universities as lecturers after the completion of the masters. They can join the Ph.D programmes in reputed universities and colleges to take up research in the field of economics. There are numerous job roles available for the students in the field of economics. However, there are certain important roles that are mentioned below