B.A Economics with Energy Specialization
This is an innovative and one of its kind course offered to university students in India. When this course is combined with energy specialization, it creates extremely trained professionals for the energy industry. In this course, the students are thoroughly taught the basics of economics as the course gradually moves towards the core aspects of Economics with its special application in the Energy industry.
The rigorous training that the students go through while studying this course helps them to face any untoward situation, which are a part and parcel of the energy sector. Not only does this program includes the core aspects of Economics with special reference to the energy sector, but also embedded training in soft skills, since IT is an integral part of almost every sector today. Also, this course includes training in communication skills which again is a pre requisite in any industry which has to directly deal with customers.
The Bachelor of Arts Honors in Economics is a rejuvenated form of the previous Honors courses. A simple BA in Economics is a program with a duration of 3 years like any other degree in the arts sector. In this course, the emphasis is on social sciences with quintessential literary and quantitative aspects. Some of the essential courses included in the degree program are, microeconomics, macroeconomics, econometrics, economic statistics, history of economic thought and political economy, though the syllabus is quite flexible.
In the Bachelor of Arts Honors in Economics, students have a more difficult curriculum. It is a 4-year degree program, in which the above syllabus as well as some specialization required. The degree consists of a one year full time program. This course links the undergraduate program with the postgraduate programs. The program is quite versatile and includes a number of courses to research on and write a thesis. Some of them are: Applied economics, financial economics, mathematical economics, political economy. The postgraduate programs include: Master of Economics, Master of Agricultural Economics, Master of Developmental Economics and Master of developmental Economics.
There is nothing out of the ordinary in the fact that Economics has wide spread applications in the contemporary world and the scope of Economics is also quite vast. Economics is a science or an art. The scope includes the subject matter of economics and is a positive or normative science. The purpose of Economics is the maintenance of human well-being as well as ethical values. Since it deals with future occurrences keeping in mind the present conditions and trends, it is both a positive science and normative science. The nature of the BA Economics degree is such that, it can be fused with many other degrees to generate innovative courses catering to the out of the box interests of people. According to the renowned Economist Lord Robbins,”Economics is the science which studies human behavior as a relationship between ends and scarce means which have alternative uses.”It was Lord Robbins, who exposed the rational discrepancy and insufficiencies of other economists’ definitions.
