Department of Economics | 3-Year B.A./B.Sc. ProgramVidyasagar University Economics Undergraduate Syllabus (2022)
Program Overview
The Economics Undergraduate Program at Vidyasagar University aims to provide students with foundational knowledge in economic theory, quantitative methods, and applied economics. The curriculum is designed to develop analytical skills, critical thinking, and practical problem-solving abilities that are essential for understanding economic issues at both micro and macro levels.
Program Objectives
- To develop a thorough understanding of economic concepts and theories
- To equip students with quantitative and analytical skills
- To foster critical thinking about economic policies and issues
- To prepare students for higher education and careers in economics
Learning Outcomes
- Apply economic principles to analyze real-world problems
- Collect and interpret economic data using appropriate tools
- Communicate economic ideas effectively
- Evaluate the impact of economic policies on different stakeholders
First Year Curriculum
The first year establishes a foundation in economic principles and basic quantitative tools.
| Course Title | Course Type | Credits |
|---|---|---|
| Microeconomics I | Core | 6 |
| Macroeconomics I | Core | 6 |
| Mathematics for Economics I | Core | 6 |
| Statistical Methods for Economics | Core | 6 |
| English Communication Skills | AECC (Ability Enhancement Compulsory Course) | 4 |
| Environmental Studies | AECC (Ability Enhancement Compulsory Course) | 4 |
| Introduction to Sociology | SEC (Skill Enhancement Course) | 4 |
Core Course Details
Microeconomics I
6 Credits This course introduces fundamental concepts of microeconomic theory including consumer behavior, production and costs, market structures (perfect competition, monopoly, oligopoly), and market equilibrium analysis.
Macroeconomics I
6 Credits This course covers national income accounting, determination of national income, consumption, investment, money and banking, inflation, unemployment, and basic fiscal and monetary policies.
Mathematics for Economics I
6 Credits This module covers sets, functions, derivatives, partial differentiation, optimization techniques, and their applications in economics.
Statistical Methods for Economics
6 Credits This course includes data collection methods, measures of central tendency and dispersion, probability theory, probability distributions, correlation, and regression analysis.
Second Year Curriculum
The second year builds upon the foundation with intermediate economic theory and introduces more specialized areas of economics and research methodology.
| Course Title | Course Type | Credits |
|---|---|---|
| Microeconomics II | Core | 6 |
| Macroeconomics II | Core | 6 |
| Econometrics I | Core | 6 |
| Development Economics I | Core | 6 |
| Indian Economy | Core | 6 |
| Public Economics | DSE (Discipline Specific Elective) | 6 |
| International Economics | DSE (Discipline Specific Elective) | 6 |
Core Course Details
Microeconomics II
6 Credits Advanced topics in microeconomics including consumer choice under uncertainty, game theory, general equilibrium analysis, welfare economics, and externalities.
Macroeconomics II
6 Credits Advanced macroeconomic theory covering economic growth models, business cycle theories, open economy macroeconomics, and contemporary macroeconomic issues.
Econometrics I
6 Credits Introduction to econometric methods including simple and multiple regression analysis, hypothesis testing, problems of multicollinearity, heteroscedasticity, and autocorrelation.
Development Economics I
6 Credits This course examines theories of economic development, measures and determinants of development, poverty, inequality, population growth, and human capital formation.
Indian Economy
6 Credits An analysis of the structure and features of the Indian economy, planning, liberalization, agricultural and industrial development, financial sector, and fiscal federalism.
Third Year Curriculum
The final year offers specialization through electives and includes a research project or internship.
| Course Title | Course Type | Credits |
|---|---|---|
| Econometrics II | Core | 6 |
| Development Economics II | Core | 6 |
| Research Methodology | Core | 6 |
| Project Work/Internship | Core | 6 |
| Financial Economics | DSE (Discipline Specific Elective) | 6 |
| Health Economics | DSE (Discipline Specific Elective) | 6 |
| Environmental Economics | DSE (Discipline Specific Elective) | 6 |
| Political Economy | DSE (Discipline Specific Elective) | 6 |
Core Course Details
Econometrics II
6 Credits Advanced econometric techniques including time series analysis, introduction to panel data models, dummy variables, and practical applications using statistical software.
Development Economics II
6 Credits Advanced topics including dual economy models, rural development, urbanization, international trade and development, foreign aid, and sustainable development goals.
Research Methodology
6 Credits This course addresses research design, data collection methods, sampling techniques, qualitative and quantitative research approaches, and research ethics.
Project Work/Internship
6 Credits Students undertake an independent research project or internship that applies their knowledge to real-world economic problems. The project must result in a comprehensive report with proper research methodology and analysis.
Assessment and Evaluation
Evaluation Structure
The assessment pattern for most courses follows a 70:30 division between internal and external examinations:
- Internal Assessment (30%): Class tests, assignments, presentations, and participation
- End-Semester Examination (70%): Written examination covering the entire syllabus
Grading System
The university employs a 10-point grading scale as per UGC norms:
- O (Outstanding): 90% and above
- A+ (Excellent): 80-89%
- A (Very Good): 70-79%
- B+ (Good): 60-69%
- B (Above Average): 50-59%
- C (Average): 40-49%
- F (Fail): Below 40%
Students must secure a minimum of 40% in each course and an overall Cumulative Grade Point Average (CGPA) of 5.0 to qualify for the program completion.
Career Prospects
Graduates of the Economics program at Vidyasagar University can pursue various career paths in:
Government & Policy
- Civil Services
- Central and State Government Economic Services
- Policy Analyst
- Development Agencies
Private Sector
- Banking and Finance
- Market Research Analyst
- Business Consultant
- Corporate Planning
Research & Academia
- Economics Researcher
- Academic Positions
- Think Tanks
- Higher Studies (M.A., M.Sc., Ph.D.)
International Organizations
- World Bank
- IMF
- UN Agencies
- Development NGOs
Advanced Studies
The undergraduate degree provides a strong foundation for postgraduate studies in Economics, Business Administration, Finance, Law, and Development Studies at reputed institutions in India and abroad.
Department of Economics Contact Information
Department Location
Vidyasagar University
Midnapore, West Bengal
India - 721102
Contact Details
Phone: +91-03222-276554-555
Email: eco@vidyasagar.ac.in
Website: www.vidyasagar.ac.in
Office Hours
Monday to Friday
10:00 AM to 5:00 PM
(Closed on University Holidays)
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