ECONOMICS - Course Outcomes

B.A ECONOMICS (HONOURS) WITH SINGLE MAJOR

2025 - 26


PROGRAM OUTCOMES:

After completion of this program, the student will be able to


1. Understand and apply the concepts of economics in personal and professional life.

2. Acquire the skills required to analyse real world problems using economics and statistical concepts.

3. Have sufficient knowledge to pursue higher education in economics in premier institutions.

4. Aspire for securing a decent public and private sector job in the field of economics, banking, banking and finance, data science and other related fields. 


SEMESTER-I

COURSE 1: INTRODUCTION TO ECONOMICS

Course Objective: To introduce students to the fundamental concepts of economics, key economic issues confronting the Indian and global economies along with career opportunities to the students who choose B.A., Economics Programme as major or minor.

Course Learning Outcomes:

After the completion of this course, the students will be able to

1. Recognize key concepts and the role of economics in decision making at the individual and at the society level to solve central economic problems;

2. Learn major tools to understand functions in economics;

3. Analyse the past and present structure of the Indian economy;

4. Critically evaluate the current trends in the global economy;

5. Judge the academic and career opportunities available for the students of economics.


SEMESTER-I

COURSE 2: MICROECONOMICS


Course Objective: This is the first course in economics intended to learn basic concepts, principles and theories in Microeconomics with a view to understanding the economic behavior of In individual person and firm.

Course Learning Outcomes: After studying this course, the student shall be able to

1. Explain the Law of Demand, Elasticity of Demand and the behaviour of individual consumer in the market place in terms of Cardinal utility and Ordinal utility theories;

2. Analyse the cost, revenue and production functions in terms of equations and graphs;

3. Understand the functioning of perfectly competitive and monopoly markets;

4. Evaluate the functioning of the realistic markets such as monopolistic competition and Oligopoly.

5. Apply the principle of Marginal Productivity to the determination of the remuneration to the factors of production.



SEMESTER-II

COURSE 3: MACROECONOMICS

Course Objective: The objective of this course is to impart basic concepts, principles and theories of Macroeconomics to make the student understand the functioning of a macro economy.

Course Learning Outcomes: After the completion of this course, the students will be able to

1. Explain the circular flow of national income in a macro economy, various concepts of national income and their measurement.

2. Compare and contrast the Classical and Keynes theories of employment and their relevance to the present day economies;

3. Evaluate Keynes’ theories of consumption and investment functions and their implications to the economy;

4. Analyse causes and the measures to control inflation and trade cycles in the economy;

5. Evaluate the structure and components of balance of payments, exchange rate systems and capital flows to achieve internal and external stability.

SEMESTER-II

COURSE 4: DEVELOPMENT ECONOMICS

Course Objective: This course is designed to learn about basic concepts, principles and theories in development economics and apply them to analyse the current issues in the economy

Course Learning Outcomes: After the completion of this course, the students will be able to

1. Explain concepts of economic growth and development and their measurement;

2. Analyse the developmental issues such as poverty, unemployment, inequality and sustainable development and suggest measures;

3. Comprehend various standard theories of growth and development;

4. Examine and suggest various developmental strategies suitable to developing countries;

5. Evaluate various contemporary development issues at international and national levels and suggest appropriate suggestions to solve them.

SEMESTER-III

COURSE 5: ECONOMIC THOUGHT

Course Objective: To introduce students to the evolution of economic thought by exploring key ideas, major schools, and influential thinkers—both global and Indian—with a focus on their

relevance to contemporary economic understanding and policy. 

Course Learning Outcomes:

1. After the completion of this course, the students will be able to

2. Critically compare early economic schools and evaluate their relevance to historical and present-day economic issues.

3. Explain key ideas of modern economic theories and assess their role in shaping macroeconomic policies.

4. Apply institutional and behavioural economic concepts to understand real-world decision making and governance.

5. Interpret indigenous and colonial economic ideas in relation to justice, ethics, and anti-colonial critique.

6. Evaluate modern Indian thinkers' contributions to development, welfare, and economic reforms.



SEMESTER-III

COURSE 6: STATISTICAL METHODS FOR ECONOMICS

Course Objective: The objective of this course is to make the students learn basics of statistics with a view to applying them to day-to-day applications in economics.

Course Learning Outcomes: At the end of the course, the student is expected to demonstrate the following skills

1. Understands the nature of statistics and able to collect data using questionnaire;

2. Draws appropriate diagrams and graphs for presentation of data effectively;

3. Calculates and analyses Averages and Dispersions for the given data and interpret them meaningfully;

4. Explains the uses of correlation, simple regression and time series in economic analysis.

5. Calculates index numbers and interprets them correctly.


SEMESTER-III

COURSE 7: INDIAN ECONOMY

Course Objective: To provide basic understanding on the changing structure of the Indian economy and to analyse various issues and problems confronting the Indian economy

Course Learning Outcomes:

After the completion of this course, the students will be able to

1. Explain the basic characteristics, structural changes, planning and economic reforms in Indian economy;

2. Analyse the status of agriculture and rural areas in India and current programmes being implemented for their development;

3. Appraise the progress made in industrial and infrastructure development in India;

4. Examine the role of the service sector and emerging issues in services sector and labour market;

5. Evaluate the emerging trends in India’s public finance and external sector.


SEMESTER-IV

COURSE 8: MONETARY ECONOMICS

Course Objective: To provide students with a comprehensive understanding of the theoretical and practical aspects of money, banking, and monetary policy in the modern economy, including

trends in the digitalization of the economy.

Course Learning Outcomes:

After successful completion of this course, the students will be able to

1. Understand the functions of money and different concepts of money and digital currencies;

2. Explain classical and modern theories of demand for money and their implications;

3. Describe the functions of Commercial banks, NBFCs, and RBI

4. Assess goals of monetary policy and inflation targeting

5. Evaluate the latest developments in the banking sector including net-banking and mobile banking.


SEMESTER-IV

COURSE 9: ANDHRA PRADESH ECONOMY

Course Objective: This course aims to provide an overview of the economic structure of Andhra Pradesh focusing on its policies towards the development of agricultural, industrial, service sectors as well as welfare of the people to achieve the vision of Swarna Andhra 2047.

Course Learning Outcomes:

After successful completion of this course, the students will be able to

1. Understand the key demographic and developmental indicators of Andhra Pradesh;

2. Analyse the pattern of land use, irrigation systems and agriculture reforms in Andhra Pradesh;

3. Assess the progress made in the development of industries and infrastructure in the state;

4. Evaluate the progress made in the growth of service sector, e-governance and trends in labor market in Andhra Pradesh;

5. Suggest efficient budgetary and welfare policies to enhance the living standards of the people in Andhra Pradesh.

SEMESTER-IV

COURSE 10: PUBLIC FINANCE

Course Objective: This course aims to provide an understanding of Public Finance principles, theories, and policies, enabling students to analyse and evaluate issues in government revenue,

expenditure and debt management.

Course Learning Outcomes:

After the completion of this course, the students will be able to

1. Explain the basic concepts and principle of public finance;

2. Discuss various sources of public revenue, different theories of taxation, tax systems and incidence of taxation;

3. Analyse various principles, theories, practices of public expenditure;

4. Evaluate the concepts and effects of public debt & deficits and the FRBM Act in India;

5. Illustrate the efficacy of fiscal policy, fiscal federalism and the role of the Finance Commissions in India.


SEMESTER-V

COURSE 11: ENTREPRENUERSHIP AND MSMEs

Course Objective: This course aims to equip students with the essential knowledge and skills to become successful entrepreneurs covering the entire journey from ideating a business concept to

validating its viability and successfully launching a venture.

Course Learning Outcomes: After successful completion of this course, the students will be able to

1. Explain basic concepts, types, theories of entrepreneurship, and women entrepreneurship;

2. Apply SCAMPER techniques to identify ideas and create a simple business plan for rural / urban ventures;

3. Evaluate the opportunities and the feasibility of becoming an entrepreneur within the umbrella of MSMEs;

4. Design a viable financial and legal plan to start a business in India.

5. Identify major programmes and schemes with government support for undertaking a start up venture;


SEMESTER-V

COURSE 12A: INFERENTIAL STATISTICS AND SOFTWARE PACKAGES

Course Objective: This course provides theoretical knowledge and practical skills about various inferential statistics such as probabilities, test of significance, multiple regression and also skill for

using software like MS Excel and SPSS for data analysis.

Course Learning Outcomes: After the completion of this course, the students will be able to

1. Understand the concept and theory of probability;

2. Analyse and apply the different probability distributions;

3. Demonstrate the skills on various tests of significance;

4. Learn and use of multiple regression model in economics;

5. Use Excel sheets and SPSS package to analyse the data and derive the results.



SEMESTER-V

COURSE 12B: FINANCIAL PLANNING

Course Objective: To equip students with fundamental knowledge on personal and professional financial planning, budgeting, savings, investments, tax planning, and retirement planning with a

view to helping them develop practical financial literacy and prepare for careers in banking, finance, insurance, and financial consultancy.

Course Learning Outcomes: After completing the course, students will be able to:

1. Create personal financial plans and budgets;

2. Plan for reaching financial goals with given budget

3. Compare various investment avenues and make the right investment decision;

4. Plan for personal loans and retirement with financial tools;

5. Gain practical skills to prepare a financially secure retirement plan.


SEMESTER-V

COURSE 13A: MATHEMATICAL METHODS FOR ECONOMICS

Course Objective: The objective of this course is to make the students learn the simple and basic mathematical tools to be applied in economics for understanding and analysing various economic

issues.

Course Learning Outcomes:

1. After the completion of this course, the students will be able to

2. Explain the role of mathematics and applications of set theory in economic analysis;

3. Learn the importance of matrix algebra, types, operations and its applications in economics;

4. Imbibe the rules of basic differentiation and their applications in economic analysis;

5. Apply the rules of differentiation to the problems of optimization in economics;

6. Equip with the knowledge to solve economic problems involving inequalities through Linear programming and planning using input-output analysis.


SEMESTER-V

COURSE 13B: INSURANCE SERVICES

Course Objective: This course aims to enlighten the students with the fundamental concepts of insurance services and practical dynamics, skills needed to work in the Insurance sector.

Course Learning Outcomes:

After completing the course, students will be able to:

1. Explain the concept and principles of insurance service and functioning of insurance service agencies.

2. Understand different life insurance products.

3. Identify the need for general Insurance and different general insurance products.

4. Demonstrate practical skills to enable them to start an insurance service agency or find employment in this sector.

5. Evaluate the performance of local case studies by understanding customer mindset and the role of various supporting institutions under the existing regulations.


SEMESTER-VI

COURSE 14 A: RESEARCH METHODOLOGY

Course Objective: To equip students with foundational knowledge on research methodology and develop skills to design, implement, and document a research project effectively.

Course Learning Outcomes:

After the completion of this course, the students will be able to

1. Demonstrate the knowledge relating to research, its role in enhancement of knowledge in social sciences in general and economics in particular;

2. Analyse and apply different research methods

3. Formulate a good research design to undertake mini research projects;

4. Undertake a field survey by himself/herself to collect relevant data and information;

5. Develop capacity to write a simple project report with all relevant components.


SEMESTER-VI

COURSE 14B: RETAIL AND DIGITAL MARKETING

Course Objective: This course provides a holistic understanding of retail marketing principles and practices, focusing on both traditional and digital retail environments with a view to equipping students to apply marketing strategies effectively across diverse platforms.

Course Learning Outcomes :

After completing the course, students will be able to:

1. Explain the concepts and principles about the retail and digital marketing;

2. Identify the behaviour of the consumers to promote retail marketing;

3. Analyse and compare different strategies used in retail marketing;

4. Apply digital marketing tools and techniques in real or simulated business environments;

5. Evaluate retail and digital marketing models using case studies and market examples.


SEMESTER-VI

COURSE 15A: DATA ANALYSIS AND CASE STUDIES

Course Objectives: This undergraduate course provides an in-depth exploration of the Indian economy through data analysis, using Google Sheets as the primary tool with the option of using Excel sheets and SPSS package. The course is structured into five Units. The first unit provides basic knowledge on the use of Google Sheets, three on key aspects of the Indian economy, viz., agriculture and rural development, industry and infrastructure, public finance and external sector and the last one focuses on case studies of mini projects on local issues. Students will develop practical skills in sourcing or collecting secondary and primary data, cleaning, analysing, and interpreting India-specific economic data, culminating in a final project. No prior knowledge of Google Sheets is required, though familiarity with basic spreadsheets is beneficial.

Course Learning Outcomes:

After successful completion of this course, the students will be able to

1. Acquire basic knowledge on operation of Google Sheets for Statistical analysis of economic data.

2. Analyse data on Indian agriculture and rural development to understand trends and policy impacts using Google Sheets.

3. Examine India’s industrial and infrastructure data through sourcing, organization, and analysis in Google Sheets.

4. Apply data analysis to India’s public finance and external sector using advanced Google Sheets tools.

5. Collect primary data, analyse and prepare a mini project report on local issues


SEMESTER-VI

COURSE 15B: LOGISTICS AND SUPPLY CHAIN MANAGEMENT

Course Objective: This course provides a holistic understanding of how Logistics and Supply Chain Management play a vital role in cutting costs and boosting customer satisfaction to equip students to study transportation basics, containerization, packing variations, and the complexities of export logistics.

Course Learning Outcomes:

After completing the course, students will be able to:

1. Explain the strategic role of Logistics and Supply chain Management in cost reduction and offering improved service to the customers.

2. Combine the traditional physical distribution activity with modern Information Technology.

3. Analyse and explain the Basics of transportation and Containerization.

4. Distinguish between essential features of various types of Packing and Packaging.

5. Evaluate special aspects of export logistics.

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