Economics is the queen of social sciences. The subject is all about studying people and taking substantial decisions on numerous topics – citizens, governments, schools, businesses, non-profits and even families – in case of difficulties or access to limited resources. It is an inter-disciplinary subject that intertwines history, political science, sociology and psychology. In addition to that, it is one of the disciplines that combine the study of business management and public policymaking. When a student purses economics, he/she can gain solid geopolitical foundations, skills and approaches that can be utilized to a variety of problems in the business environment.
According to a study by the University of Manchester’s Dr George Bratsiotis, economics is the most renowned area of study among all social sciences. The study says, “In most universities, economics is usually the most popular subject of all social sciences. At the University of Manchester, for example, one of the largest universities in the UK, around a thousand students every year join one of our various economics programs, be it as a single degree or combined with another subject.”
Is a major in economics the right course for you? Here’s why it is.
Bachelor of Arts (BA) Honours in Economics is a 3-year full-time undergraduate programme that is divided into six semesters. Upon completing the course, there’s a high chance of boosting budding economists’ employability prospects in several industries – business, government agencies, and academic institutes – and dimensions.
The 3-year programme has been crafted to make the students comprehend only the Indian economy but the entire geopolitical world. An economic graduate learns about how to analyse and operate the business markets globally.
Under the course, the pupils gain a toolkit of critical and problem-solving skills. As a result, it guides them for innumerable finance and banking-oriented jobs. They may also choose to become entrepreneurs with an exceptional understanding of production, consumption, social media marketing and consumer behavioural patterns. So, yes, the course allows the students to build their start-up.
The syllabus of BA Economics is vast as the discipline covers rural studies, resource management, data, Gross Domestic Product (GDP), finance, banking and business development. In addition, the syllabus will include statistics, econometrics, international trade, development of economics, Indian economics, microeconomics, macroeconomics, and mathematical methods of economics.
BA Economics graduates can apply in multiple industries – business, insurance, banks/credit Unions, education, medicine, public policy, NGOs, journalism, governance, agriculture, international trade organizations, manufacturing – as Economics Researcher, Economist, Sales Manager, Quantity Surveyor, Data Scientist, Statistician, Investment Associate, Forensic Accountant, Actuarial Analyst, Financial Risk Analyst, Data Analyst, to name a few.
The statistics-oriented subject will train students to build thought-provoking activities in their respective fields and push them to use analytical thinking skills. During the programme, students might face a few challenges. Finding solutions to these challenges will reinforce their understanding of world economics.
All in all..
In today’s growing world of changing trends, businesses and job markets, economists are reshaping their skills according to the ‘’new normal’’. And to be at the top as an economics student, one should choose a recognized and trustworthy university. BML Munjal University (BMU) in Haryana offers BA (Hons.) in Economics. The 3-year programme is facilitated by the School of Economics & Commerce (SoEC). Under the interdisciplinary course, students learn from renowned professors and experts who train them through unique learning processes like experiential learning, research, internship, and dissertation writing under the interdisciplinary course.
After completing the course, the students at BML University are also given platforms for work as an intern government agency/research institute/ think tank/university. Other than that, the university also fully supports all eligible students in employment prospects. The university is also known for teaching students through experiential learning elements such as research-based projects, community learning, group discussions, self-study, service-learning, undergraduate teaching and faculty assistantship. The course requires a critical mindset to acquire a sharp ability to solve business-related problems quickly and easily. Interested aspirants can apply at BML Munjal University through the university’s website.