- Economics is a branch of Arts/Science that deals with the production, distribution, exchange and consumption of various goods and services within a particular country. Individuals, groups of people, business concerns or by governments, carry on these activities.
- The study of economics is aimed at enabling such individuals to carry out activities related to goods and services in such a manner that optimum benefit is obtained from the activity.
- Economics principles are applied to the production processes, distribution processes, consumption patterns and human behaviour. The aim is to devise the most effective way of functioning, taking all relevant factors into consideration.
Eligibility:
The subjects that need to be taken after class 10th to pursue Hons in Economics as a career option are :
- Mathematics
- Statistics
- Political science
- Computer science
After completing 10+2 level studies with high percentage marks you can apply in various colleges for undergraduate programmes. The duration of the course is 3 years. The list of top colleges offering honours in Economics is:
1. Shri Ram College of Commerce (SRCC) Delhi
(www.srcc.edu)
2. Loyola College, Chennai
(www.loyolacollege.edu)
3. Christ College Bangalore
(www.christuniversity.in)
4. Symbiosis Society’s College of Arts & Commerce, Pune
(www.sibm.edu)
5. St Joseph’s College, Bangalore
(www.sjc.ac.in)
6. Lady Shri Ram College, Delhi
(www.lsr.edu.in)
7. St Xavier’s College, Kolkata
(www.sxccal.edu)
8. Madras Christian College , Chennai
( https://www.mcc.edu.in)
9. Presidency College, Chennai
(www.presidencychennai.com)
10. Hans Raj College
(www.hansrajcollege.co.in)
Job Prospects:
- Economics graduates find ample job opportunities both in private and public sector. To begin with, government enterprises, public undertakings, banks, finance and investment firms, business journals and newspapers and the private sector throw up many avenues of employment in various departments.
- The Indian Economics Services are also an excellent option open to those who want to join government service. Officers are recruited through examinations conducted by the Union Public Service Commission.
- Another highly lucrative avenue open to those looking for government employment is the Reserve Bank of India. Written tests are conducted by the RBI for the purpose.
