Comprehensive Course Structure Across 8 Semesters
| Semester | Course Code | Course Title | Credits (L-T-P-C) | Prerequisites |
|---|---|---|---|---|
| 1 | ECON101 | Introduction to Economics | 3-0-0-3 | - |
| 1 | MATH101 | Calculus and Linear Algebra | 4-0-0-4 | - |
| 1 | STAT101 | Statistics for Economics | 3-0-0-3 | - |
| 1 | ECO101 | Economic Principles | 3-0-0-3 | - |
| 1 | LIT101 | English Language and Communication | 2-0-0-2 | - |
| 2 | ECON201 | Microeconomics I | 3-0-0-3 | ECON101, MATH101 |
| 2 | ECON202 | Macroeconomics I | 3-0-0-3 | ECON101, MATH101 |
| 2 | MATH201 | Differential Equations | 3-0-0-3 | MATH101 |
| 2 | STAT201 | Econometrics I | 3-0-0-3 | STAT101, MATH101 |
| 2 | ECO201 | Introduction to Economic Policy | 3-0-0-3 | ECON101 |
| 3 | ECON301 | Microeconomics II | 3-0-0-3 | ECON201, MATH201 |
| 3 | ECON302 | Macroeconomics II | 3-0-0-3 | ECON202, MATH201 |
| 3 | ECON303 | Development Economics | 3-0-0-3 | ECON202 |
| 3 | MATH301 | Probability and Statistics | 3-0-0-3 | MATH201 |
| 3 | STAT301 | Econometrics II | 3-0-0-3 | STAT201, MATH201 |
| 4 | ECON401 | International Trade Theory | 3-0-0-3 | ECON301, ECON302 |
| 4 | ECON402 | Behavioral Economics | 3-0-0-3 | ECON301 |
| 4 | ECON403 | Financial Economics | 3-0-0-3 | ECON202, MATH201 |
| 4 | ECON404 | Labor Economics | 3-0-0-3 | ECON301 |
| 4 | ECON405 | Public Economics | 3-0-0-3 | ECON202 |
| 5 | ECON501 | Advanced Microeconomics | 3-0-0-3 | ECON401, ECON402 |
| 5 | ECON502 | Advanced Macroeconomics | 3-0-0-3 | ECON401, ECON402 |
| 5 | ECON503 | Environmental Economics | 3-0-0-3 | ECON302 |
| 5 | ECON504 | Econometrics III | 3-0-0-3 | STAT301, ECON401 |
| 5 | ECON505 | Data Analytics in Economics | 3-0-0-3 | STAT301, MATH301 |
| 6 | ECON601 | Research Methodology | 2-0-0-2 | - |
| 6 | ECON602 | Advanced Topics in Economics | 3-0-0-3 | ECON501, ECON502 |
| 6 | ECON603 | Specialized Electives | 3-0-0-3 | - |
| 6 | ECON604 | Internship Preparation | 2-0-0-2 | - |
| 7 | ECON701 | Capstone Project I | 3-0-0-3 | ECON601, ECON602 |
| 7 | ECON702 | Capstone Project II | 3-0-0-3 | ECON701 |
| 7 | ECON703 | Advanced Research Seminar | 2-0-0-2 | ECON601 |
| 8 | ECON801 | Final Thesis | 6-0-0-6 | ECON701, ECON702 |
| 8 | ECON802 | Advanced Capstone Project | 3-0-0-3 | ECON701, ECON702 |
| 8 | ECON803 | Industry Placement | 6-0-0-6 | - |
Detailed Course Descriptions for Departmental Electives
Advanced Microeconomics (ECON501) delves into the sophisticated mathematical foundations of microeconomic theory, including general equilibrium analysis and game theory. Students learn to model complex economic interactions and analyze strategic behavior in various market settings.
Advanced Macroeconomics (ECON502) explores contemporary macroeconomic issues such as business cycles, inflation dynamics, and long-term growth models. The course emphasizes the application of modern macroeconomic frameworks to policy analysis and forecasting.
Environmental Economics (ECON503) examines the economic principles underlying environmental challenges such as pollution control, resource depletion, and climate change. Students develop skills in cost-benefit analysis and policy evaluation for environmental issues.
Econometrics III (ECON504) builds upon previous econometrics courses by introducing advanced techniques such as panel data analysis, time series modeling, and instrumental variables estimation. This course prepares students for empirical research in economics.
Data Analytics in Economics (ECON505) integrates modern data science methods with economic analysis. Students learn to apply machine learning algorithms, big data processing techniques, and statistical software to solve complex economic problems.
Research Methodology (ECON601) provides students with the foundational skills necessary for conducting original research in economics. The course covers literature review strategies, hypothesis formulation, experimental design, and academic writing standards.
Advanced Topics in Economics (ECON602) allows students to explore emerging areas of economic research such as behavioral economics, development economics, and financial economics. This course is designed to expose students to cutting-edge research methodologies and current debates in the field.
Specialized Electives (ECON603) offers students the opportunity to tailor their education to specific interests within economics. These courses may include topics such as health economics, urban economics, or international finance.
Capstone Project I (ECON701) serves as a transition phase between coursework and independent research. Students work under faculty supervision to identify research questions, develop methodologies, and begin literature reviews for their final projects.
Capstone Project II (ECON702) involves the completion of original research conducted by students. This course emphasizes data analysis, interpretation of findings, and presentation of results in academic or professional formats.
Advanced Research Seminar (ECON703) provides a forum for students to present their research progress and receive feedback from faculty and peers. The seminar format encourages critical thinking and collaborative learning.
Final Thesis (ECON801) represents the culmination of the undergraduate economics program. Students conduct independent research under faculty supervision, producing a substantial academic paper that demonstrates their mastery of economic theory and research methods.
Advanced Capstone Project (ECON802) allows students to apply their knowledge to real-world problems in collaboration with industry partners or government agencies. This course emphasizes practical application and professional development.
Industry Placement (ECON803) provides students with hands-on experience in economic analysis within professional environments. Students work with organizations to apply their academic knowledge to real business challenges.
Project-Based Learning Philosophy
The department's philosophy on project-based learning is rooted in the belief that practical application enhances theoretical understanding and develops critical thinking skills essential for future economists. This approach recognizes that economics students must be prepared not only to understand economic principles but also to apply them in real-world contexts.
The structure of our project-based learning program begins with a comprehensive introduction to research methodology in the third year. Students learn to formulate research questions, design studies, and collect data using both primary and secondary sources. This foundational knowledge is crucial for developing the analytical skills necessary for advanced economic research.
Mini-projects are introduced in the fourth year as a bridge between coursework and capstone work. These projects typically last 3-4 months and allow students to explore specific economic issues in depth. Students select topics in consultation with faculty mentors, ensuring that projects align with both academic rigor and personal interest.
The final-year thesis or capstone project represents the most significant application of project-based learning. Students undertake independent research under the guidance of faculty mentors, producing original contributions to the field of economics. The evaluation criteria for these projects are designed to assess both technical competence and conceptual understanding.
Project selection occurs through a formal process that considers student interests, faculty expertise, and available resources. Students are encouraged to propose their own project ideas while also being mentored in developing feasible research questions. This collaborative approach ensures that students engage with topics that genuinely interest them while maintaining academic rigor.
The faculty mentorship system is integral to project success. Each student is paired with a faculty member who provides guidance throughout the research process, from initial concept development to final presentation. This relationship fosters intellectual growth and helps students navigate the challenges of independent research.