Bachelor of Science in Economics


The undergraduate Economics programme offered by VPSM at the DYP University aims to put emphasis on applications and policy.

The curriculum would offer robust training in economic theory and statistical methods and a wide choice of Economics courses to suit students’ interests and mathematical aptitude. Economics electives would cover all the significant fields of economic knowledge as well as recent developments in the field of economics.

The BSc (Hons.) Economics programme offers students the flexibility of Choice Based Credit System (CBCS). The CBCS system includes four types of courses:

  1. Core Courses (CC): A core course is a compulsory course. A student of Economics (Hons) is required to take fourteen such Economics courses over six semesters.
  2. Elective Courses (EC): An elective course is a course that is to be chosen from a specified set of courses. These include Discipline Specific Electives (DSE) that provide advanced training in specialized areas in the third year of the Honours programme. A set of seven such courses is offered, and students have to take two such courses from the seven courses offered in the fifth and the sixth semesters. Generic Electives (GE) are courses offered by other departments to promote an inter-disciplinary approach. Students need to take one such course in each semester from Semesters I to IV.
  3. Ability Enhancement Compulsory Course (AECC): Two such courses will be offered, one in Semester I (Art of Communication, equivalent to MIL) and one in Semester II (Environmental Science).
  4. Skill Enhancement Course (SEC): Student are required take one such course each in Semesters III and IV

Credit Requirement: Students will study a total of 26 courses corresponding to 148 credits.

  1. Core Courses (CC): 14 (6 credits each)
  2. Discipline Specific Electives (DSE): 4 (6 credits each)
  3. Generic Electives (GE): 4 (6 credits each)
  4. Skill Enhancement Courses (SEC): 2 (4 credits each)
  5. Ability Enhancement Compulsory Courses (AECC): 2 (4 credits each)
School of Economics
B.Sc.(Hons.): Economics
Semester I Credits Semester II Credits
HC11: Introductory Microeconomics – Consumer behaviour, production and markets 6 HC21: Introductory Macroeconomics – National Income accounting, circular flow, Keynesian theory and classical theory, business cycle 6
HC12: Mathematical Methods for Economics I – As per UGC 6 HC22:Mathematical Methods for Economics II – As per UGC with potentially adding eigenvalues and eigenvectors 6
AECC1: English Writing and Communication 4 AECC2:Environmental Science 4
GE1: Courses should be taken from BBA offerings. 6 GE2: Courses should be taken from BBA offerings. 6
Total 22 Total 22
Semester III Credits . Semester IV Credits
HC31: Intermediate Microeconomics I – Uncertainty and general equilibrium, social welfare 6 HC41:Intermediate Microeconomics II – Game theory plus asymmetric information, externalities and market failures 6
HC32: Intermediate Macroeconomics I – Open economy plus growth theory 6 HC42: Intermediate Macroeconomics II –International Trade 6
HC33:Statistical Methods for Economics – UGC plus statistical inference (hypothesis testing) 6 HC43:Introductory Econometrics– UGC plus applications 6
HS31:Data Analytics – Python programming and R, plus projects 4 HS41:Research Methodology – Primary vs secondary data, data collections methods, sampling design; qualitative methods involving depth interviews, focus groups, case studies etc. 4
GE3: Courses should be taken from BBA offerings. 6 GE4: Courses should be taken from BBA offerings. 6
Total 28 Total 28
Semester V Credits Semester VI Credits
HC51:Indian Economy I – per UGC 6 HC61:Indian Economy II – per UGC 6
HC52:Development Economics I 6 HC62:Development Economics II 6
HE51: Elective courses 6 HE61:Elective Courses 6
HE52: Elective Courses/Internship project 6 HE62: Writing Dissertation 6
Total  24 Total 24

Note: CC = Core Course; AECC = Ability Enhancement Compulsory Course; SEC = Skill Enhancement Course; DSE = Discipline Specific Elective; GE = Generic Elective

Suggested List of Electives#: Advanced Game theory, Public Economics, Financial Economics, Applied Econometrics, Labour economics, Economics of Health and Education, Environmental and Ecological Economics, Open Economy Macroeconomics, Money and Financial Markets, Law and Regulatory Economics, Behavioural Economics, Industrial Organization, Economics of Two-sided markets and Internet Economics.* Students can also choose courses from BBA program.

# – Faculty will develop electives according to their interests; this list is suggestive and subject to change.

*For all elective courses, the faculty will decide on the content, delivery and assessment.

Note: This overall curriculum is suggestive, and will be modified and updated based on periodic reviews.

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