B.Sc. Economics (Hons.)

"The main aim of the Programme is to equip the students with theories and tools of economic analysis in major areas of its application and focus on the emerging area of Economics"

The Economics programme at SRM AP is tailored to attract students who possess a keen interest in learning and training within a department that primarily focuses on preparing them for long-term contributions to the workforce, particularly in the fields of policymaking and research. To ensure a multidisciplinary education, we offer Foundation Courses and optional Minors across other departments. We have developed specialised Economics programs that address the increasing demand for professional economists in the job market. These programs emphasise the application of economic theories and aim to equip professionals with lifelong learning skills.

Our unique curriculum will enable students to find job opportunities in industries and consultancies or pursue further research with premier institutes/universities in India and foreign countries. Our faculty members have completed their PhD and post-doctoral research with premier Indian institutes. Our students will have opportunities to get involved in the ongoing institutional and collaborative research programs while pursuing BSc. (Hons.) in Economics.

Highlights

  • Globally-oriented and Multi-dimensional approach
  • Proficiency in Quantitative methods
  • Internship Opportunities with Reputable Institutions
  • Tutelage of Highly-Qualified Faculty members
  • State-of-the-art Infrastructure

Programme Educational Objectives (PEO)

  • Along with acquiring content knowledge, students in each course will practice critical thinking skills, communication skills, quantitative reasoning, and economic citizenry.
  • To prepare them to pursue higher studies and conduct research
  • To train them and build their careers where they are likely to make a long-lasting contribution in either policy making or research career.

Programme Specific Outcomes (PSO)

  • To solve real-life problems using economic theory and applications.
  • Analysis of data to solve complex economic problems.
  • Apply economic theories and concepts to contemporary social issues, as well as policy formulation and analysis.

Programme Outcomes (PO)

Capable of demonstrating comprehensive knowledge and understanding of one or more disciplines that form a part of an undergraduate program of study.

Ability to evaluate the reliability and relevance of evidence; Capacity to extrapolate from what one has learned and apply their competencies to solve different kinds of non-familiar problems, rather than replicate curriculum content knowledge; and apply one’s learning to real-life situations.

Capability to apply analytic thought to a body of knowledge; analyse and evaluate evidence, arguments, claims, and beliefs based on empirical evidence; identify relevant assumptions or implications; formulate coherent arguments; critically evaluate practices, policies and theories by following a scientific approach to knowledge development. Critical sensibility to lived experiences, self-awareness, and reflexivity of self and society.

Ability to analyse, interpret and draw conclusions from quantitative/qualitative data and evaluate ideas, evidence and experiences from an open-minded and reasoned perspective about incorporating into a system.

A sense of inquiry and capability for asking relevant/appropriate questions, problematising, synthesising, and articulating; Ability to recognise cause-and-effect relationships, define problems, formulate hypotheses, test hypotheses, analyse, interpret and draw conclusions from data, establish hypotheses, predict cause-and-effect relationships; ability to plan, execute and report the results of an experiment or investigation.

Capability to use ICT in a variety of learning situations; demonstrate the ability to access, evaluate, and use a variety of relevant information sources; and use appropriate software for analysis of data.

Understand the impact of scientific solutions in societal and environmental contexts and demonstrate the knowledge of and need for sustainable development.

Possess knowledge of the values and beliefs of multiple cultures and a global perspective and engage in a multicultural society and interact respectfully with diverse groups; Ability to embrace moral/ethical values, formulate a position/argument about an ethical issue from multiple perspectives, and use ethical practices in all work. Capable of demonstrating the ability to identify the moral problems related to one’s work, avoid unethical behaviour such as fabrication, falsification or misrepresentation of data or committing plagiarism, not adhering to intellectual property rights; appreciating environmental and sustainability issues; and adopting objective, unbiased and truthful actions in all aspects of work.

Ability to work effectively and respectfully with diverse teams; facilitate cooperative or coordinated effort on the part of a group and act together as a group or a team in the interests of a common cause and work efficiently as a team member.

Ability to express thoughts and ideas effectively in writing and orally; Communicate with others using appropriate media to share one’s views and say themselves confidently; demonstrate the ability to listen carefully, read and write analytically, and present complex information clearly and concisely to different groups.

Capability for mapping out the tasks of a team or an organisation, setting direction, formulating an inspiring vision, building a team that can help achieve the vision, motivating and inspiring team members to engage with that vision, and using management skills to guide people to the correct destination, smoothly and efficiently.

Ability to work independently, identify appropriate resources required for a project, and manage a project through to completion; Ability to acquire knowledge and skills, including “learning how to learn”, that is necessary for participating in learning activities throughout life, through self-paced and self-directed learning aimed at personal development, meeting economic, social and cultural objectives, and adapting to changing trades and demands of the workplace through knowledge/skill development.

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