Economics is an evolving field because of its popularity in various areas such as Banking, Finance, Development, Statistics, etc. For anyone interested in making a successful career in this field, a BA Economics Honours degree has emerged as the most sought-after degree among students.
B.A. (Honours) Economics is capable of equipping students with concepts related to markets, finance, banking, business, money, and the economy’s working. It covers topics such as national income, economy, inflow and outflow of capital, international economics, operations of loans, rise and fall of prices in the market, etc.
In addition, the awareness of subjects included in this program also makes students well prepared for understanding and analyzing trends of demonetization, budget, the introduction of goods and services, tax, etc.
Economics also includes large numbers and data so the importance of statistics is deeply embedded in the program and it results in proficient and desired professionals in the corporate market. Let us understand more about B.A. Economics and why is it promising.
What is B.A. (Honours) Economics All About?
B.A. (Honours) Economics is a combination of Macroeconomics, Microeconomics, and Statistics. The three main subject areas included in this degree are Macroeconomics, Microeconomics, and Statistics.
Macroeconomics: Macroeconomics deals with studying the emotional and global economy as a whole while surrounding the concepts of government budget, balance of payments, income, etc.
Microeconomics: Another important subject that deals with B.A. economics program is called Microeconomics which deals with the study of economic concepts at an individual level including price determination, demand, and supply, types of markets, etc.
Statistics: An essential element in the study of economics is Statistics because it allows students to become proficient in interpreting and implementing economic data.
Career After B.A. Economics:
Building a career after B.A. Economics is an extremely lucrative way to succeed in the present business world. The nature of this B.A. degree opens up many doors for an economics graduate in wide areas starting from Public Policy and Development to Data Science and Marketing.
In case you are among the students who aspire to pursue a career as an Economics graduate but are not sure about the career options after B.A. Economics then some of the choices are Policymaking, Corporate Sector, Development Sector, Allied Services, Finance, Actuarial Science, etc.
Pursuing a Career In B.A. in Economics With Data Science:
B.A. in Economics with Data Science is a program that is designed to train graduates in the application of knowledge in economics to real-life economic, ethical, financial, and analytical problems encountered in the economy. The program allows students to apply acquired knowledge and skills to situations of economic, institutional, and policy-making in governance and industry.
In addition, the B.A. in Economics with Data Science has a focus on quantitative techniques and research methods that can orient the students in dealing with economic problems with a practical and analytical approach. The course is designed in a way so that students receive extensive experience of the present issues that plague emerging economies.
Why Pursue a B.A. in Economics With Data Science From Chitkara University?
The three-year B.A. in Economics with Data Science program from Chitkara University provides an opportunity to extend studies by one year with an honors degree. In the fourth year of education, this program allows students to follow distinct options to choose from specifically designed to elevate academic and professional capabilities.
The study program at Chitkara University offers three different aspects mentioned below.
Advanced Major: The advanced major allows students to specialize in an area of business management which further improves proficiency in a chosen field.
Research: The second option which is research is for those who have completely understood academic excellence and secured a minimum of 75% marks in the first six semesters. It helps students hone their critical and analytical skills with a dissertation project under expert guidance and mentorship.
Internship: This offers students an opportunity to apply theoretical knowledge in real-world situations while enhancing their employability skills. This is a program that offers on-site experiential learning opportunities and exposure to industry practices as an invaluable addition to the academic and professional journey.
To summarize, B.A. (Hons.) Economics is an essential degree for professionals who aspire to acquire detailed insights into Economics. It is amongst the most sought-after career options in the country and the reason behind this demand is the importance of economics in the business world.
Hence, pursuing a B.A. (Hons.) Economics degree from Chitkara University can help you become a rising professional in the business world. It equips you with practical and theoretical knowledge that allows students to make a precise analysis of the economic situation possible.
