Bachelor of Arts (B.A) in Economics

The BA economics program at HITS focuses on exploring the economic study and analysis, policy framing, and implementation issues faced by the Indian economy, along with the analysis of other economies around the world. Recognizing the growing demand for trained manpower in industry, government, research, and other sectors, at HITS, as one of the best BA economics colleges, we also nurture future researchers and specialists in economics.
The BA economics syllabus is meticulously designed to ignite young minds with innovative ideas and concepts. It emphasizes global issues related to economics and business, covering topics ranging from expanding markets to the impact of the global financial crisis. This bachelor of economics program develops students’ analytical and problem-solving skills, alongside their writing, reading, speaking, and presentation skills. Building upon the foundation laid in the first two years in economics and quantitative courses, students can choose from a wide variety of elective courses and specializations in the third year.
As one of the best colleges for BA economics in India, Hindustan Institute of Technology & Science is committed to providing a comprehensive education that prepares students for various professional paths. If you're looking for a BA economics college in Chennai, our program stands out for its academic excellence and practical approach to learning.

BA Economics Eligibility

To be eligible for a bachelor of economics at HITS, candidates must have a minimum of 50% pass in their Higher Secondary Certificate (HSC) or equivalent.  Alternatively, a pass in a 3-year related diploma (10+3) recognized by the state or central government also qualifies for admission to BA economics.

• Apply demand and supply analysis to explain how prices and output are determined in different markets
• Know where to find or how to compute and use economic indicators like GDP, exchange rate, unemployment rate, inflation rate, interest rate, CPI, Money Supply, MPR, CRR, Repos, and NCO, Labour statistics etc
• Understand the techniques for managing macroeconomic risks imposed by changing exchange rate, money supply, inflation, interest rate, fiscal policies and international ratings and understand fundamental macroeconomic relationships such as inflation, interest rate and exchange rate.
• Understand the monetary system, the role of the Central Bank in monetary policy formulation and the key instruments of macroeconomic policy and describe their role in the economy
• Understand the fiscal policy mechanism; how to carry out budgetary analysis, the meaning of the budget cycle, budget deficit, budget surplus and government’s tax and revenue behavior. Since Economics deals with large numbers and data, the importance of statistics is deeply ingrained in the course.

Graduates with a Bachelor of Arts in economics degree have a wide array of career paths and opportunities for further education both within India and abroad. The BA economics scope includes pursuing higher studies in areas such as Actuarial Science, Finance, Indian Economic Services, Law, Economics and its related disciplines, Rural Development, and Public Policy, as well as Management, among others.
BA economics career options are extensive, and graduates can find employment in various sectors. These include Public and Private Sector Corporations, Financial Institutions, Banks, Civil Service, Education, Journalism, Marketing, the United Nations Organization, Union Government Analyst roles, Freelance Writing, Administration, Management, and Leadership positions in Public and Private Institutions. Additionally, graduates can become Teachers in schools, Researchers, Journalists, NGO workers, and IT personnel.
As one of the premier BA economics colleges in India, the Hindustan Institute of Technology & Science equips students with the knowledge and skills necessary to excel in these diverse fields.

PROGRAMME’S EDUCATIONAL OBJECTIVES (PEOs):

PEO 1: Graduates will be exposed to the basic knowledge of economic concepts and methods, and develop the ability to appreciate the challenges in field settings.
PEO 2: Graduates will acquire basic skills in major areas of economics.
PEO3: Graduates will promote personal growth and understand the complexities of the economy and society and how the two make each other up. Graduates will master the basic analytical, scientific writing, computational, and communicative competencies, develop respect for social diversity, and increase the social and economic relevance of learning.

PROGRAMME OUTCOMES (POs):

Upon completion of the Programme, the graduates will be able to: 
PO1: Critical Thinking: Make assumptions, validate and appreciate them from different perspectives. 
PO2: Effective Communication: Develop key communication skills, inclusive of electronic modes, to participate in diverse areas. 
PO3: Social Interactions: Invite the views of others for a harmonious coexistence.
PO4: Effective Citizenship: Sympathize with and be sensitive to issues and participate in civic life to show empathy for social concerns.
PO5: Ethics: Recognize and appreciate value systems to make appropriate decisions in diverse situations.
PO6: Environment and Sustainability: Understand environmental issues and work towards sustainable development.
PO7: Self Directed and Lifelong Learning: To engage in lifelong learning by adopting appropriate technology.

PROGRAMME SPECIFIC OUTCOMES (PSOs):

PSO1: An ability to understand economic theories and the functioning of basic microeconomic and macroeconomic frameworks.
PSO2:  Acquaint with basic and applied mathematical, statistical, and econometric tools to study and resolve real economic and research problems.
PSO3: Acquaint with delineating the development policies to measure development within the theoretical and conceptual frameworks of development.